Daily Learnings...ย โขย 7m
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...ย โขย 1y
Strategy For Startup Growth โ} ( 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
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Strategy For Startup Growth โ ( 2 ) 3Rd part of 4p strategy and please read my previous part for better understanding about strategy. 3. PRICE โ What's your productโs manufacturing costs ? How much commercial revenue you expect to receive ? W
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there are only five ways to increase your networth or you can say business 1)increase your coustomer๐คโincrease your coustomer so that you increase your profit. 2)sell more to same coustomer ๐คโwhat you can do sell more to same coustomer you get in
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Stretegy For Startup Growth ( 1 ) โ 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
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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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