Daily Learnings... • 5m
Product strategy is a plan that helps a company establish a specific product vision and how teams collaborate to successfully achieve it. Product Strategy Framework a] Get Big, Lead, Expand (GLE) Model:- Establishing market dominance through innovation and expanding strategically over time is the main focus of the GLE Model. 1)Get Big: Invest heavily to acquire users and increase market share. This phase involves aggressive growth strategies, marketing campaigns, and building a scalable product architecture. 2)Lead: Become a leader in the market by innovation and outperforming competitors. Brand trust, and enhancing product features are something that companies focus on. 3)Expand: Diversify into new markets, segments, or product categories. It also includes entering the international market or related industries. Example: Netflix(2020) They got big through massive content acquisition and partnerships to increase their subscriber base, they outperformed their competitors with exclusive shows and high-quality content. International expansion into Asia boosted Netflix's growth
CHAIRMAN - BITEX IND... • 1y
Strategy For Startup Growth —} ( 4 ) Market Penetration Strategy Market Penetration Strategy is the one of the most successful strategy for increasing market share . This strategy was used by many brands when their market share Stop increasing
See MoreDREAM BIG, BECAUSE D... • 5m
there are only five ways to increase your networth or you can say business 1)increase your coustomer🤑→increase your coustomer so that you increase your profit. 2)sell more to same coustomer 🤑→what you can do sell more to same coustomer you get in
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Stretegy For Startup Growth ( 1 ) ★ Blitz Scaling Strategy Blitz Scaling is a business strategy that is used by many early stage startup to become market leader like uber , byjus , Netflix , arbnb , Facebook and many other. In simple words Bli
See MoreDaily Learnings... • 6m
Today I will be writing about the Product Development Lifecycle There are 5 stages of the Product Development Lifecyle: 1) Development 2) Introduction 3) Growth 4) Maturity 5) Decline Development: Earlier, it was considered that development only in
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