Lenny's Podcast: Product | Growth | Career cover image

Elena Verna on how B2B growth is changing, product-led growth, product-led sales, why you should go freemium not trial, what features to make free, and much more

Lenny's Podcast: Product | Growth | Career

00:00

The Importance of Product Led Retention for Acquisition

Focusing on product-led retention is essential for effective acquisition strategies. Companies must prioritize retention, specifically through activation and engagement, to establish a foundation for successful product-led acquisition. If a product fails to engage users in habitual ways, it diminishes opportunities for user-driven growth mechanisms like referrals and content creation, which are vital for acquisition. A product must first ensure that users are consistently activating and engaging with it before attempting to leverage these aspects for acquisition. Additionally, the nature of user relationships within a product, whether one-to-many or singular, affects the viability of a product-led approach. Products designed for collaborative use can facilitate better acquisition if retention is prioritized, while those with singular user relationships face greater challenges in this regard.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app