Ansoffs Matrix

Cards (7)

  • Ansoffs matrix
    Ansoff's matrix is a strategic or marketing model that can be used to help a business decide its strategic direction in terms of its product portfolio and target markets
  • What is looks at (axis)
    new markets and existing markets
    +
    new products and existing products
  • categories looks at
    market development, market penetration, product development and diversification
  • Market development
    existing product and existing market
  • market penetration 

    existing product in a new market
  • Product development 

    new product in an existing market
  • diversification
    new product in a new market