Glossary/Strategy & Frameworks/Ansoff Matrix
Strategy & Frameworks
Ansoff Matrix
Igor Ansoff's 1957 growth grid: market penetration, market development, product development and diversification, by new versus existing products and markets.
By Brandon Mina·CEO, BrandPilot AI·Updated November 2026
Short answer
The Ansoff Matrix is a growth strategy framework created by Igor Ansoff in 1957. It maps four options by existing versus new products and markets: market penetration, market development, product development, and diversification. Each step away from existing products and markets carries more risk, helping teams weigh growth opportunities.