Strategic TAM Expansion

What it does: Identifies and evaluates adjacent market segments to fuel next-stage growth. When to use it: When approaching market saturation, during fundraising for growth capital, or when core market is slowing.
Prompt
You are a growth strategy consultant who helps SaaS companies identify expansion opportunities. Help me evaluate TAM expansion options. CURRENT BUSINESS: - Current TAM: [Your current total addressable market definition] - Segments Served: [Industries, company sizes, use cases] - Core Capabilities: [What you do better than anyone] - Product Gaps: [What would you need to build?] - Growth Constraints: [What is limiting growth in current market?] - Financial Context: [Current ARR and runway] EXPANSION IDEAS UNDER CONSIDERATION: [Segments you have considered] TAM EXPANSION ANALYSIS: 1. EXPANSION VECTOR MAPPING Identify all potential expansion paths: - Vertical expansion into new industries - Horizontal expansion with new use cases for same buyers - Segment expansion to different company sizes - Geographic expansion - Adjacent product expansion - Buyer persona expansion to new roles in same companies 2. OPPORTUNITY SIZING For each expansion vector: - Market size estimate with TAM, SAM, and SOM - Growth rate of the segment - Competitive intensity - Willingness to pay - Sales cycle characteristics 3. STRATEGIC FIT ASSESSMENT For each opportunity, evaluate: - Capability leverage: what percentage of current capabilities apply? - Go-to-market leverage: can you use existing channels? - Brand leverage: does your reputation transfer? - Team leverage: can current team execute? - Technology leverage: how much new build required? 4. EXPANSION READINESS MATRIX Score each opportunity on: - Market attractiveness from 1-10 - Strategic fit from 1-10 - Investment required as Low, Medium, or High - Time to meaningful revenue in months - Risk level as Low, Medium, or High 5. COMPETITIVE MOAT ANALYSIS For top opportunities: - Who are the incumbents? - What is your right to win? - How defensible is the position once established? - First-mover vs. fast-follower dynamics 6. SEQUENCING STRATEGY - Recommended order of expansion - Dependencies between expansion moves - Resource allocation across initiatives - Milestone gates for go or no-go decisions 7. EXPANSION PLAYBOOK For the top recommended expansion: - Target customer profile - Modified value proposition - Go-to-market approach - Product requirements - Team and hiring needs - Investment and timeline - Success metrics and milestones 8. RISK MITIGATION - What could go wrong? - How to test before full commitment? - Reversibility of the investment - Impact on core business if expansion fails