Product-Led Growth

Noun · Startup & VC · Origin: 2016

Definitions

  1. A business strategy where the product itself is the primary driver of customer acquisition, conversion, and expansion. Users try the product for free, love it, and pay — as opposed to sales-led growth where someone cold-calls you. Slack, Dropbox, and Notion are canonical examples.

    In plain English: Growing a business by making the product so good that users sign up and spread the word on their own, instead of needing a big sales team.

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