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Product-Led Growth
(PLG) 101
Expert webinar
Software selling has changed completely
● Not just IT depts
● Not via on-site meetings
● Not at the executive level
● Not on multi-year contracts
● Not with upfront payments
Sources: The IT Crowd
Selling to everyone via 1-to-1 doesn’t scale
Sources: bobseal.com
Unscalable growth tactics ⛔
● Trade shows for discovery
● Demos to show value
● Sign-off for $$$ purchases
● Implementation training
● Contracts for expanded use
Everyone is now a software user and buyer
Sources: OpenView
Decentralization: adoption at an
individual or team-level first
+
Consumerization: B2C sets
standards and expectations
Product-Led Growth is the new GTM model
Product-Led Growth is a strategy
that uses the product as a channel
to drive organizational KPIs, such as
revenue, engagement, and reach.
How others describe PLG
“Product-led growth is building your product in
a way that allows you to monetize and grow
without needing a sales and marketing
organization to scale at the same rate.”
Matt Bilotti,
Product Lead, Growth & Lifecycle
Slack made it very easy to get started (2016)
One of the most talked-about aspects of
Slack’s UX was it’s interactive onboarding
using Slackbot. It’s pricing model also
reduced barriers to adoption.
Note: you can see how to recreate Slack’s onboarding using Chameleon on trychameleon.com/youtube
So how do we do these things in a reliable way?
We need to create a system that
can create predictable growth.
A system is an interconnected way
of doing this. This can include:
goals, people, process, and tooling
Sources: Atlassian
OKRs help with planning
Example
Obj: Successfully launch feature Y
KR1: Identify key product actions that indicate the best fit
user persona through experimentation
KR2: Create friction logs for key actions and flows
KR3: Rollout new product tour to 50% of users pre-launch
KR4: Boost signup to paid conversion rate by 3%
Sources: Product Coalition
OutSystems did this with a movement
“Acquire people into the movement by creating a
powerful narrative with an extremely clear North
Star metric. We refined our narrative around PLG to
make it clear, easy to understand, and fully tied to
customer goals. Today we have teams that are
reorganizing to join the movement”Mario Araujo,
Director of Product Growth
Use the RICE framework to prioritize
11Sources: Roadmunk,
Use microsurveys to identify friction
12
● In-product, in-context
● Short + easy to answer
● Triggered by events
● Continuous feedback
● Identifies opportunities
● Look for existing experts + experience within your company
● Set clear accountability: who owns the OKRs
● Give the team the resources and authority to make decisions
(can be one feature, one market, one journey etc.)
● Ideally the team is cross-functional and includes (some allocation of):
product, marketing, customer success, engineering, design, BI
Enabling PLG: building the team
● Best PLG teams build a best-in-class product stack
○ Data Warehouse, e.g. Redshift
○ Customer Data Platform, e.g. Segment
○ Data piping tool, e.g. Fivetran
○ BI or querying tool, e.g. Looker
○ Event analytics tool, e.g. Mixpanel
○ Session recording tool, e.g. FullStory
○ Microsurveys and in-product experimentation tool, e.g. Chameleon
Enabling PLG: leverage the tooling
Product-Led Growth
(PLG) 101
Expert webinar

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Product Led Growth 101

  • 2. Software selling has changed completely ● Not just IT depts ● Not via on-site meetings ● Not at the executive level ● Not on multi-year contracts ● Not with upfront payments Sources: The IT Crowd
  • 3. Selling to everyone via 1-to-1 doesn’t scale Sources: bobseal.com Unscalable growth tactics ⛔ ● Trade shows for discovery ● Demos to show value ● Sign-off for $$$ purchases ● Implementation training ● Contracts for expanded use
  • 4. Everyone is now a software user and buyer Sources: OpenView Decentralization: adoption at an individual or team-level first + Consumerization: B2C sets standards and expectations
  • 5. Product-Led Growth is the new GTM model Product-Led Growth is a strategy that uses the product as a channel to drive organizational KPIs, such as revenue, engagement, and reach.
  • 6. How others describe PLG “Product-led growth is building your product in a way that allows you to monetize and grow without needing a sales and marketing organization to scale at the same rate.” Matt Bilotti, Product Lead, Growth & Lifecycle
  • 7. Slack made it very easy to get started (2016) One of the most talked-about aspects of Slack’s UX was it’s interactive onboarding using Slackbot. It’s pricing model also reduced barriers to adoption. Note: you can see how to recreate Slack’s onboarding using Chameleon on trychameleon.com/youtube
  • 8. So how do we do these things in a reliable way? We need to create a system that can create predictable growth. A system is an interconnected way of doing this. This can include: goals, people, process, and tooling Sources: Atlassian
  • 9. OKRs help with planning Example Obj: Successfully launch feature Y KR1: Identify key product actions that indicate the best fit user persona through experimentation KR2: Create friction logs for key actions and flows KR3: Rollout new product tour to 50% of users pre-launch KR4: Boost signup to paid conversion rate by 3% Sources: Product Coalition
  • 10. OutSystems did this with a movement “Acquire people into the movement by creating a powerful narrative with an extremely clear North Star metric. We refined our narrative around PLG to make it clear, easy to understand, and fully tied to customer goals. Today we have teams that are reorganizing to join the movement”Mario Araujo, Director of Product Growth
  • 11. Use the RICE framework to prioritize 11Sources: Roadmunk,
  • 12. Use microsurveys to identify friction 12 ● In-product, in-context ● Short + easy to answer ● Triggered by events ● Continuous feedback ● Identifies opportunities
  • 13. ● Look for existing experts + experience within your company ● Set clear accountability: who owns the OKRs ● Give the team the resources and authority to make decisions (can be one feature, one market, one journey etc.) ● Ideally the team is cross-functional and includes (some allocation of): product, marketing, customer success, engineering, design, BI Enabling PLG: building the team
  • 14. ● Best PLG teams build a best-in-class product stack ○ Data Warehouse, e.g. Redshift ○ Customer Data Platform, e.g. Segment ○ Data piping tool, e.g. Fivetran ○ BI or querying tool, e.g. Looker ○ Event analytics tool, e.g. Mixpanel ○ Session recording tool, e.g. FullStory ○ Microsurveys and in-product experimentation tool, e.g. Chameleon Enabling PLG: leverage the tooling