- Created to better achieve Business Goals
- To evaluate if it is worth to invest in a product or not
- identify their product/market combinations and analyze their respective market positions
- simple, easy to understand and provided a holistic overview of the product portfolio
- 4 quadrants:
- Market Growth / Market Share:
- LOW Market Growth / LOW Market Share: “DOG” Divest
- LOW Market Growth / HIGH Market Share: “CASH COW” Harvest and Protect
- HIGH Market Growth / LOW Market Share: “?” Validate
- HIGH Market Growth / HIGH Market Share: “STAR” Invest and Grow
- Dots located in the Map, representing products