Ansoff Growth Matrix
Also known as: Product-Market Expansion Grid
Four growth paths from combining existing/new products with existing/new markets.
Classifies growth options as market penetration, market development, product development, and diversification, ordered roughly by rising risk. A quick scaffold for naming and comparing expansion moves.
Core concepts
Market PenetrationMarket DevelopmentProduct DevelopmentDiversification
Best when
- Quickly enumerating and risk-ranking growth options
Watch-outs
- Coarse; says little about how to win in each cell