PLG

What type of product strategy is PLG?

Product-led growth

PLG is a business approach focused on a product as the primary factor for driving customer acquisition, expansion, activation, and retention. Venture capitalist Blake Bartlett coined PLG in 2016, and it has since become a buzzword in the tech and business worlds.

When a company adopts the PLG approach, its various teams, including sales, engineering, marketing, design, and customer support, focus on the product to produce a better user experience. Examples of B2B and B2C PLG businesses include Zoom, Slack, Airtable, Mailchimp, Netflix, HubSpot, Shopify, Canva, and Trello.

Since products drive PLG businesses, they typically provide a free trial or free version of their offering to lure customers into trying and purchasing. For example, when perusing the website of a PLG business, you'll likely encounter a "Free trial" or "Try it now" CTA button instead of a "Talk to Sales" type of CTA.

Example

I'm glad to see PLG businesses grow. It's better for the consumer, IMO
I agree. I'm so turned off by a sales-led approach

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Updated November 8, 2023

PLG definition by Slang.net

This page explains what the acronym "PLG" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.

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