Glossary

Product-led growth

Definition

Product-led growth (PLG) is a go-to-market strategy where the product itself is the primary driver of customer acquisition, conversion, and expansion — users experience the product's value before or instead of talking to a salesperson.

The term was popularized by Wes Bush and OpenView Partners around 2016–2018, though many companies were already practicing it — Dropbox, Slack, Figma, and Calendly being canonical examples.

In a PLG model, the product does the selling. A free or freemium offering lets users try the product on their own terms. The product is designed to deliver value quickly — fast activation, clear aha moment, easy sharing — so users become advocates before they become customers.

PLG is not the same as "free." It's a distribution strategy. The product has built-in mechanics that drive growth: viral loops (share a board and your colleague signs up), network effects (the product gets better when more people use it), or bottoms-up adoption (individual users bring tools into their companies).

The PLG model shifts product work upstream. The team has to obsess about activation (does the user reach value before they bounce?), the in-product upgrade path (does the user hit a natural upgrade moment?), and the viral coefficient (does product use generate new users?).

PLG strategy sessions happen on whiteboards — mapping the viral loop, designing the upgrade moment, analyzing activation funnels. BoardSnap captures those sessions as structured summaries and next steps.

Examples

  • A free tier that delivers real value and creates a natural upgrade moment when the user hits a limit
  • A share feature where the recipient must sign up to view the shared output
  • Bottoms-up adoption where individual contributors use the free product until the team upgrades
  • An activation funnel redesign based on PLG principles — get users to value in under 2 minutes

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