If the main product is mature and its lifecycle cannot be extended, the company is at risk. If that product stops providing profits, the company needs alternate sources of income. Start investing on new opportunities using the revenue of the current product is future-proofing the company.
Investing more resources on a product that is already fulfilling the user needs (hight Current Value) may be wasting your resources. When customers see new pottentially uneeded features they won’t get additional value and even feel that the product is needlessly complex.
Buying all the competitors may be a good commercial strategy on the short term, but as markets evolve, it’s not safe on the long term.
Investing based on sales or any decision which is not tied to the Unrealized Value (growth opportunities in the current or new markers) is an arbitrary decision which may not maximize the value to the users and to the company.
If the main product is mature and its lifecycle cannot be extended, the company is at risk. If that product stops providing profits, the company needs alternate sources of income. Start investing on new opportunities using the revenue of the current product is future-proofing the company.
Investing more resources on a product that is already fulfilling the user needs (hight Current Value) may be wasting your resources. When customers see new pottentially uneeded features they won’t get additional value and even feel that the product is needlessly complex.
Buying all the competitors may be a good commercial strategy on the short term, but as markets evolve, it’s not safe on the long term.
Investing based on sales or any decision which is not tied to the Unrealized Value (growth opportunities in the current or new markers) is an arbitrary decision which may not maximize the value to the users and to the company.