A go-to-market strategy, typically known as GTM in marketing, is a detailed plan elaborating the lifecycle of introducing a new product and ways to catalyze its demand in the market. A well-crafted strategy broadly covers A competent GTM plan identifies the problem prevalent among the target market and projects the product as a solution. It serves as a roadmap for the transition phase from introducing a new revenue source to acting on its actionability in the market. It focuses on generating demand for the product across the market rather than generating leads.