What is a “GTM Strategy” & why it’s a key driver in PE?
GTM is one of the terms that gets thrown around a lot but what does it actually mean from a PE context – here is a good definition of GTM Strategy: *
“GTM Strategy: a fundamental business strategy to drive revenue; not a simple campaign or tactic.”
The 2 key strategic points are:
1. a “fundamental business strategy”
2. to “drive revenue”
It’s a “business strategy” and it’s also an overall commercial strategy of any business – for the entire commercial side of a portfolio company and focused on the typical #1 business objective, which is: growing the top-line revenue. It’s also a fundamental strategy covering the entire Commercial side & the Revenue Lifecycle:
- People & Org
- Growth Strategy
- Pipeline Creation
- New Customer Acquisition
- Growth via Expansion & Retention
- Customer Management, CX & CS
- Systematizing & Operationalizing
- Execution, Levers, Drivers & Metrics
Who is responsible:
- CEO & CRO (in alignment w/ the Board of Directors)
* GTM definition – source: Engagio
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