Ansoff Matrix Example

The Ansoff Matrix diagram here illustrates how it is a product/market expansion framework that business owners use to understand and analyze the community that helps them plan and evaluate different growth initiatives. When we work on such a mind map to illustrate Ansoff Matrix, we can easily visualize the new product, existing market, existing product, and new market. By creating such mind maps, a company owner can help stakeholders conceptualize the different risk levels involved with different growth strategies. Such Ansoff Matrix templates can easily be downloaded from EdrawMind. After customizing it as per your norms, you can export it into multiple formats, like JPEG, PNG, PDF, HTML, and more.