Harnessing AI and Predictive Analytics for Product-Led Growth: Moving Beyond Sales-Led Strategies

Authors

  • Sanjana Bharadwaj Department of IT, Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, India Author

DOI:

https://doi.org/10.63282/3050-9246.IJETCSIT-V5I2P102

Keywords:

Product-Led Growth (PLG), Artificial Intelligence (AI), Predictive Analytics, Customer Experience, Product Development

Abstract

Over the last few years, the approach to the growth of businesses has shifted from sales-oriented techniques to productoriented ones, specifically Product-Led Growth. This has occurred due to the shift in technological innovation and changes across the field, especially the AI and the predictive analytical models available in today’s world to develop and nail the customer experience. To this end, this paper provides a comprehensive analysis of how AI and predictive analytics can be deployed to support PLG with a focus on understanding the part played in employing signals to recognize customers’ needs, customizing the user experience as well as enhancing product features. The paper aims at presenting the state-of-art and revealing trends, issues, and successful experiences by conducting a literature review. A theoretical proposition is provided next by the author, which is accompanied by real-life findings and successful applications. Although there are certain challenges with regard to the implementation of AI and predictive analytics in altering product prospects, the conclusion emphasizes the positive impact that will enable sustainable growth in this line of business

Downloads

Download data is not yet available.

References

[1] Your guide to product-led growth vs. sales-led growth, product led, online. https://productled.com/blog/product-led-growthvs-sales-led growth#:~:text=These%20advantages%20include%3A,to%20attract%20and%20convert%20customers.

[2] Schweyer, A. (2018). Predictive analytics and artificial intelligence in people management. Incentive Research Foundation, 1-18.

[3] From product-led growth to product-led sales: Beyond the PLG hype, McKinsey, online. https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/from-product-led-growth-toproduct-led-sales-beyond-the-plg-hype

[4] Widlund, M. (2021). Product-Led Growth-The Future of User Acquisition, Expansion and Retention for SaaS Companies.

[5] Combining AI and predictive analytics crucial for the enterprise, techtarget, online. https://www.techtarget.com/searchenterpriseai/feature/Combining-AI-and-predictive-analytics-crucial-for-the-enterprise

[6] Salomon, D. (2012). Data privacy and security. Springer Science & Business Media.

[7] Vasenev, A., Hartmann, T., & Doree, A. G. (2014). A distributed data collection and management framework for tracking construction operations. Advanced Engineering Informatics, 28(2), 127-137.

[8] Machine Learning Model Development and Model Operations: Principles and Practices, KDnuggets, online. https://www.kdnuggets.com/2021/10/machine-learning-model-development-operations-principles-practice.html

[9] What is product-led growth?, productled, online. https://www.productled.org/foundations/what-is-product-led-growth

[10] Product-led vs sales-led growth: Why the answer might be both, Ortto, online. https://ortto.com/learn/product-led-vs-salesled-growth/

Published

2024-05-15

Issue

Section

Articles

How to Cite

1.
Bharadwaj S. Harnessing AI and Predictive Analytics for Product-Led Growth: Moving Beyond Sales-Led Strategies. IJETCSIT [Internet]. 2024 May 15 [cited 2025 Sep. 14];5(2):13-24. Available from: https://ijetcsit.org/index.php/ijetcsit/article/view/83

Similar Articles

31-40 of 212

You may also start an advanced similarity search for this article.