Ansoff Matrix - Business Stretegy & Growth - Simplest explanation Ever
The Ansoff Matrix - Business Strategy & Growth - Simplest explanation ever
The Ansoff Matrix is a popular business model used for strategising business growth by product development & market development.
This simple video is derived from expert input and the presentation style is deliberately kept simple and concise.
Links to the popular Bloom's Taxonomy videos are below.
Link to The Cognitive domain video of the Bloom's Taxonomy: www.youtube.com/watch?v=zj6Cr...
Link to the Affective version of the Bloom's Taxonomy for your reference: • Bloom's Taxonomy (Affe...
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Пікірлер: 107
Found this really useful, especially pausing and copying the bullet points. It was good to have one example worked all throughout.
@MisterSimplify
6 жыл бұрын
Thanks Molly! All thanks to multiple feedback from comments! :)
Perfect,thank you!
This is perfect...very simple and easy to understand..all th way from Zimbabwe🇿🇼
@MisterSimplify
3 жыл бұрын
Thank you! :)
this was really helpful, thank you so much.
thank you, it was very helpful to understand the concept easily :)
It's a very useful video, helped to gain a general understanding of the topic in an easy way!
Thank you for this video. It was exactly what I needed to start to build an outline on how to grow my business. It was very useful and helpful!
@MisterSimplify
3 жыл бұрын
Fantastic!! Do let me know if your plan succeeds. All the very best!
@irgendeinname9256
Жыл бұрын
1 year passed are you already a billionaire yet?
Excellent explanation.Very helpful.thank you much 😊
Thanks a lot.you made this very easy to understand.
Really exceptional content, served in simple yet profound way. Thanks so much.
@MisterSimplify
3 жыл бұрын
Thank you for your kind words! :)
Excellent!
Okay this is the best explanation I have came across! Thank you so much!
@MisterSimplify
2 жыл бұрын
You're most welcome, my friend! 👍
Thank you for this video,Sir.
thank you a lot. It's really useful
Thank you very much, it was very easy to understand and assimilate 👍🏽
@MisterSimplify
4 жыл бұрын
You're most welcome!
Thank you so much it was extremely helpful.
Thanks a lot, keep it up.
This was very helpful thank you
Vert Useful and Informative!
So useful and insightful. Thank you very much sir!
@MisterSimplify
3 ай бұрын
You're most welcome! 🙂👍
Thank you. It was helpful.
Excellent explanation . Good job man ,, Thumbs up
Best explained management video ever
@MisterSimplify
Жыл бұрын
I am flattered! Thank you for your appreciation! 😊👍
This is very profound 👌💯
Very nice, I'm doing some research right now and found this video far easier to digest than the research I'm reviewing.
@MisterSimplify
2 жыл бұрын
Hi Jae. Very glad to be of some help. Please do like and support this content! :)
Great info
this is so helpful, the only way I have been able to fully understand this model
@MisterSimplify
Жыл бұрын
Really glad I was able to help you. Pls keep supporting! 😊❤
Great video. Thank you so much for the lucid explanation. Extremely helpful
@MisterSimplify
2 жыл бұрын
You're most welcome Varun! Please check out some other videos here. Hope they also help. And keep supporting! ☺
Thank u for great information 👌
thanks alot i understand it now
@MisterSimplify
8 ай бұрын
You're most welcome! 😊
This was very helpful.
Tysm, can't be explained any better.. love from India ☺️
@MisterSimplify
3 жыл бұрын
You're most welcome! :)
thank you very much very helpful
Thanks ! It's easy to remember things.
@MisterSimplify
4 жыл бұрын
You're most welcome!
Thanks... Was pretty helpful
Thank you so much for this amazing explaination! You re brillant!!! Will help me to pass my exams 💖✨
@MisterSimplify
3 жыл бұрын
Thank you very much for your support! I shall continue this initiative. :)
Superbly explained. Thanks
@MisterSimplify
Жыл бұрын
You're welcome buddy! 🙂👍
It would have been insightful if the video included the aim for product development, market development, and diversification. For example, for market penetration the content specified the aim is to take control of greater market share. The aim for product dev? expand product mix- maybe achieve depth of line or breadth of line to become a category or market leader- offer more comprehensive solutions( increase retention&CLTV/increase sales margins, diversify customer base and channels) because there a number of different reasons for selling new products to existing markets, what is the strategic end goal? Same thing for market development. Maybe because local markets are saturated, selling existing product to new markets aims to achieve greater increase total allowable audience, achieve greater economies of scale, tap strategic stakeholders (optimize value chain), maximize tax haven benefits, capitalize on emerging markets and their demographics, mitigate geopolitical volatility, what is the strategic end goal? Same thing for diversification. Typically selling new products to new markets is aimed at spurring innovation in order to stave off decline once a business enters or nears the maturation cycle. It also generally aims to maximize shareholder value by maximizing RONA (e.g maximizing facilities and idle capital.) Selling new products to new markets evidently implies existing demand and with the possibility of profitability. What is the strategic end goal?
Best output so far...👏🏾👏🏾👏🏾
@MisterSimplify
11 ай бұрын
👍🙂
thanku so much really help full
Wow... I have clearly understood the concept thanks so very much.
@MisterSimplify
2 жыл бұрын
You're most welcome! Pls keep supporting! ☺
Thank you for helping my presentation
@MisterSimplify
Жыл бұрын
You're welcome! 🙂
Thanks for this. really helpful to understand the Ansoff Matrix
@MisterSimplify
2 жыл бұрын
You're welcome Asraaf. I am glad to help! 😊
Very helpful
Thank you
This very informative. It reminds of my MSc. Unit of Strategic Management and I also use for my business. It work if well executed. Many thanks for sharing. Keep sharing
@MisterSimplify
2 жыл бұрын
That's great, Munyoki. Really glad I could help. Take care n cheers! 🙂👍
@munyokimwendwa9684
2 жыл бұрын
@@MisterSimplify welcome Sir
Great. Thanks
@MisterSimplify
Жыл бұрын
👍🙂
Great video :) Thank you
@MisterSimplify
2 жыл бұрын
You're most welcome Daniela! ☺
Great stuff here, thumbs up👌 Makes sense.
@MisterSimplify
2 жыл бұрын
Cheers! 👍
Very well explained. Cheers mate 👍
@MisterSimplify
Жыл бұрын
Cheers buddy! Keep supporting! 👍👍
Nice..very well explained and simple explanation with good example ..well understood ..thank u ..do make more videos .....the best part is u speak very clearly and slowly so each word is understood well ..thanks
@MisterSimplify
4 жыл бұрын
Thank you for the feedback Krupa! Yes I consciously attempt to spell out words clearly and slowly. I don't mind coming across as slow. The intended outcome is effective learning for one and all. I am happy that you and most people are happy with this! :)
Thank you sir ❤
@MisterSimplify
2 жыл бұрын
You are most welcome! 😊
Thanks for this video ❤️
@MisterSimplify
2 жыл бұрын
You are most welcome Shiza! 😊
@shizaarshad6054
2 жыл бұрын
@@MisterSimplify ❤️
@shizaarshad6054
2 жыл бұрын
Can i ask something if u don't mind sir ?
@MisterSimplify
2 жыл бұрын
@@shizaarshad6054 Hi Shiza. Yes go ahead. 😊
thank you so much. this helped me to understand it in an easy and fast way, i hope i will pass the coming exam with the help of this!
@MisterSimplify
3 жыл бұрын
I wish you all the very best! :)
Thanks Teacher
@MisterSimplify
Жыл бұрын
You're most welcome! Please feel free to check out other content here! 😊😊
how do we access your slides
Well Explained. Thanks.
what is the difference between market penetration and strategy
@MisterSimplify
8 ай бұрын
Hello! Saw you most recent comment. Glad that you understood it in the end! 🙂
Plz answer this query sir .Assume that a company is involved in the development of non conventional power generation that can show you a very good growth rate. There is a problem with pollution from the use of fossil fuel. Which of the following term can be associated with such a situation. Market penetration,market development, product development or diversification
@MisterSimplify
3 жыл бұрын
Hi Deevya. Presuming that the company is selling the product in its existing market, this will be Product Development. The market exists and the company is tapping into this existing market with its new offering. Hope this helps! :)
@deevyaagarwal9418
3 жыл бұрын
@@MisterSimplify thank you sir. This same option is the answer in the book. But I have a confuse there is no indication in which market they are launching this product so it can diversification also. New product- new market
@MisterSimplify
3 жыл бұрын
@@deevyaagarwal9418 To simplify it in your mind, think about electric cars. A lot of companies sell electric cars now alongside regular cars. If Mercedes sells electric cars (new product) to the German market (existing market), it's Product Development. But if Mercedes decided to sell electric cars in some country it never sold in, it's Diversification. So if the market isn't clear, one has to clarify this point. Hope this clears things.
@deevyaagarwal9418
3 жыл бұрын
@@MisterSimplify thank you sir... Now I got the point.. thank you for solving my doubt on the very short notice.😊
@MisterSimplify
3 жыл бұрын
@@deevyaagarwal9418 You're most welcome! Keep supporting! :)
Thanks for this. Really useful
Very helpful
Very nice, I'm doing some research right now and found this video far easier to digest than the research I'm reviewing.
@MisterSimplify
2 жыл бұрын
That's great Jae! Glad to help! 🙂