Growth options
- Sell more of the same product to current customers.
- Acquire new customers in the current market.
- Launch new products or services to existing customers.
- Enter new geographies, segments, or channels.
- Improve pricing, packaging, retention, or cross-sell.
How to prioritize
Do not treat every growth lever equally. Prioritize by revenue potential, margin impact, speed to implement, capability requirements, and strategic risk.
Growth strategy case example
Prompt: A subscription fitness app wants to grow revenue 25% next year. What should it do?
Answer path: Compare acquiring new users, increasing conversion from free to paid, raising price, reducing churn, expanding into corporate wellness, and launching premium coaching. Prioritize the options by revenue upside, margin, speed, and execution risk.
Recommendation: A strong answer might recommend improving paid conversion and reducing churn before entering a new market, because those levers use the existing product and can improve profitability faster.