The company builds or buys further products for adjacent jobs, sold as separate products to the same customers. The choice includes when to add a product and how to price the combination.
How Multi-Product works
A second product succeeds when it shares distribution, data or identity with the first and raises switching costs by deepening embedment. It fails when it dilutes the discipline the first product won on.
How companies won with Multi-Product
From the win chains in Strategy Canon case studies: what the winner did, and what its rival did at the same step.
vs. Cylance
CrowdStrike
Full scope on one agent: antivirus replacement, then modules
What it did
Cylance's marketing opened antivirus replacement, so CrowdStrike rushed Falcon Prevent out (Feb 2017)
Cylance
Two products (PROTECT, OPTICS); about $130M revenue when sold to BlackBerry for $1.4B (2018-19)
Which distinct products do customers adopt together, and why does the combination improve their choice or outcome compared with separate purchases?
Who names it — 2 of the canon
Author
What they call it / where it appears
Mehrotra +
Bundle economics
Neumann
Economies of scope
Porter
Shared activities across business units
Dave Yuan +
Account gravity
First Round Review +
Going multi-product
Note. Multi-Product covers separate products for adjacent jobs. Connected steps of one job inside one product are End-to-End Workflow. New products that deploy on the install the customer already has are Platformization; a company can have both tags. Scope economies concerns lower costs from shared assets.