Ok... first let's see if your organisation follow the Product-Led Growth strategy.
Does your organisation PLG?
Question 1: Product-centric approach:
Does the company prioritize the development and improvement of its product over other growth strategies?
Question 2: Self-serve onboarding:
Does the company offer a self-serve onboarding process that allows users to easily try and adopt the product?
Question 3: High-value features:
Does the company offer high-value features that differentiate its product from competitors?
Question 4: Free or freemium model:
Does the company offer a free or freemium version of its product?
Question 4:High retention and referral rates:
Does the company have high retention and referral rates, indicating that its product is providing value to customers?
How to transit to Product Led Growth using ChatGPT
- Use the promts listed in this article
- Adjust them to your company needs and field
- Copy and Paste them inside the ChatGPT
- Use the results in planning a strategy or software for PLG
- Implement the strategy for your organisation growth
10 Prompts to transit to Product-Led Growth
1. Product-market fit
"How can we ensure that our product is meeting the needs of our target market?"
This prompt can be used to evaluate the alignment between the product and the market it serves.
2. Onboarding process
"How can we improve our onboarding process to increase the likelihood of product adoption?"
This prompt can be used to evaluate the process of introducing new users to the product and identify areas for improvement.
3. Retention strategy
"What are some strategies we can implement to increase retention and reduce churn?" - This prompt can be used to brainstorm tactics for keeping users engaged and using the product over time.
4. Viral loop
"What are some ways we can incorporate a viral loop into our product to increase growth?"
This prompt can be used to explore how to design the product to encourage users to invite their friends and colleagues to join.
5. Upsell and cross-sell
"How can we use upsell and cross-sell strategies to increase revenue and growth?"
This prompt can be used to think about how to encourage customers to purchase additional products or services.
6. Product pricing
"What pricing strategy should we use to maximize revenue and growth?"
This prompt can be used to consider different pricing models and identify the most effective one for the product.
7. Product roadmap
"What are the key features and improvements we should prioritize in our product roadmap to drive growth?" - This prompt can be used to plan and prioritize the development of new features and improvements that will drive growth.
8. Product marketing
"What are some ways we can use product marketing to drive awareness and adoption?"
This prompt can be used to brainstorm tactics for promoting the product and making it more appealing to potential customers.
9. Customer feedback
- "How can we use customer feedback to improve the product and drive growth?" - This prompt can be used to explore ways to gather and act on customer feedback to improve the product and drive growth.
10. Partnerships and integrations
"What are some partnerships or integrations we should pursue to drive growth and expand our reach?"
This prompt can be used to identify potential partners and integrations that will help to expand the reach of the product and drive growth.
Lets leave it to ChatGPT
ChatGPT can create the PLG strategy for your growth.
Using this prompt ChatGPT can help you to generate your strategy.
"Develop a product-led growth strategy for the business by identifying target customers, prioritizing product development, creating a self-serve onboarding process, developing high-value features, considering a freemium or free version, measuring and improving retention and referral rates, and gathering and using customer feedback."