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Market Expansion: Three Approaches for Companies Looking to Grow

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Harvard Business Review outlined a matrix to evaluate new markets for possible expansion. Briefly, the matrix ranks three metrics: The size of a new market compared to other markets. Sources: Thomson Financial and the Institute for Mergers, Acquisitions and Alliances. Factors to consider when evaluating expansion potential.

Matrix 211
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Market Expansion: Three Approaches for Companies Looking to Grow

Zoominfo

Factors to consider when evaluating expansion potential Harvard Business Review outlined a matrix to evaluate new markets for possible expansion. Briefly, the matrix ranks three metrics: The size of a new market compared to other markets. Sources: Thomson Financial and the Institute for Mergers, Acquisitions and Alliances.

Matrix 130
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The Expert Guide to Creating a Marketing Growth Strategy

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This philosophy comes from The Lean Startup methodology , which relies on testing hypotheses to better understand your customers’ pain points and goals. The Ansoff Matrix , named for its strategist creator Igor Ansoff, can be a helpful tool as you evaluate growth opportunities. Failing fast is different from failing often.