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The New Growth Equation: PLG + Value

The New Growth Equation: PLG + Value

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In this episode of the Value Coffee Talk podcast, Tom Pisello and April Morley discuss the concept of Product-Led Growth (PLG) with guest David Yockelson, a VP analyst at Gartner. They explore the definition of PLG, its limitations, and the addition of Value-Led Growth (VLG) as a necessary evolution in the current business landscape.

The conversation highlights the importance of understanding the buyer's journey, the roles of pre-sales and post-sales, and the collective responsibility of organizations in delivering value to customers.

The episode concludes with actionable insights for businesses to enhance their value articulation and customer engagement strategies.

Takeaways
  • Product-led growth is often misunderstood as purely self-service.
  • A product experience is crucial for engaging prospects.
  • Value-led growth is necessary for larger deals.
  • The user and buyer are often different individuals.
  • Product qualified leads (PQLs) are essential for sales.
  • Telemetry can help in understanding customer success.
  • Removing friction in the buyer's journey is key.
  • All functions in an organization must collaborate for value delivery.
  • Buyers are increasingly asking for help with value realization.
  • Investing in value delivery can improve customer satisfaction.

Sound Bites
  • "You need to build a business case."
  • "PLG focuses on the user of a product."
  • "Free trial signup is not a lead."
  • "Make the investment in value delivery."

Chapters

00:00 Introduction to Product-Led Growth (PLG)

05:11 Transitioning to Value-Led Growth (VLG)

09:49 The Role of Pre-Sales and Post-Sales in PLG and VLG

15:11 Organizational Responsibility in Value Delivery

19:54 Final Thoughts and Key Takeaways

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