Product-led growth (PLG) is a business strategy where product usage drives user acquisition, expansion, and retention, characterized by a focus on user pain and immediate value delivery. Companies employing PLG principles emphasize virality, user-targeting, and the removal of barriers for initial usage, while leveraging product data for upselling. The result can lead to significant financial outcomes, as illustrated by achieving $100 million in 30 days.
Overview of product-led growth, including its definition and key elements such as SaaS 2.0, consumerization of IT, freemium model, product-qualified leads, and bottoms-up sales.
How product-led companies change their business strategies across marketing, pricing, and sales to enhance user acquisition and retention, focusing on principles that guide these changes.
Important quotes and results highlighting the effectiveness of product-led growth, including achieving significant revenue in a short time and the fundamental definition of the approach.
How product-led companies change their business strategies across marketing, pricing, and sales to enhance user acquisition and retention, focusing on principles that guide these changes.
Marketing principles emphasize product virality and targeting users, while pricing strategies focus on removing usage barriers and leveraging product data for growth.
Important quotes and results highlighting the effectiveness of product-led growth, including achieving significant revenue in a short time and the fundamental definition of the approach.
• Remove anybarriers from initial usage
• Enforce paywalls only after value
• Expand customers with scalable expansion
paths
• Use product data to upsell users
PRICING
PRINCIPLES.
#plgsummit18
• Customer successis your north star
• Be a product evangelist
• You empower self-service
• Create opportunities for upsell
SALES
PRINCIPLES.
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28.
Product-led growth (n):
Instanceswhen product usage serves as
the primary driver of user acquisition,
expansion, and retention.
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