PLG (Product-led Growth) is popular due to the shift from sales-driven B2B business models to user-focused, try-before-you-buy tactics.
PLG is perfect for lowering the barrier for more people to try the product and broaden the reach, while sales motion is for a very targeted list of big customers.
The first step to adding a PLG motion to a B2B company is to either have a free product, free trial, some sort of low barrier entry for anyone who stumbles upon the product to give it a try.
PLG is a complete motion that requires commitment and a well-thought-out roadmap, potentially spanning a year or more.
Companies that want to do PLG but lack usage data are setting themselves up for failure.
Not every company needs to add a PLG piece, it’s a spectrum. However, the majority of B2B software companies fall somewhere in the middle of this spectrum and can benefit from integrating elements of PLG into their growth strategy.
In terms of tool recommendations for setting up an initial stack for product-led growth, Hila Qu mentions several key pieces: infrastructure tools, product analytics tools, experimentation tools, lifecycle marketing tools, data enrichment tools, onboarding tools, and conversion tools.
The most critical role for an MVP PLG team is the growth PM (Product Manager) who leads the team.
PLG is a key asset in a product-led growth strategy, and a well-structured data infrastructure can ensure this asset is leveraged effectively.
To move from just a PLG team to a PLG organization, it is crucial to determine the metrics that each team will own.