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Market development

As explained in Architecture Modernization: Socio-technical alignment of software, strategy, and structure

Market development is a growth strategy that introduces existing products or services to new markets or customer segments.

Market development grows a business by adapting existing products or services for new markets or customer segments. It links growth ambitions to architecture modernization: new markets may require different capabilities, scaling limits, and team boundaries. section 3.1.2 section 3.2.3

Assess market development by asking:

  • Which new customer segments are interested, and how do their needs differ from existing customers? section 3.2.3
  • Which product capabilities must change, and which shared capabilities should support multiple market-specific services? section 3.2.3
  • Should architecture and teams remain general, or should parts become dedicated to particular markets? section 3.2.3

Travel and delivery services

Uber extended its ride-sharing business into food delivery and freight delivery. A European travel company exposed a different risk during the pandemic: customer refunds increased by orders of magnitude, overwhelming a manual process that had relied on spreadsheets and other low-tech solutions. section 3.2.3 section 3.2.3

Use EventStorming to map business workflows and user journeys collaboratively. Analyze each granular step to identify the modernization required for new markets, while refining architecture and organization incrementally. section 3.2.3

How Architecture Modernization: Socio-technical alignment of software, strategy, and structure covers it

How deep it goes
Explains customer research, capability changes, shared services, team boundaries, and EventStorming, without prescribing a fixed architecture.
Examples
Uses Uber’s delivery expansion and a travel company’s pandemic refund surge to illustrate market adaptation and scaling risk.
What you can do after
Evaluate which capabilities, workflows, and architectural areas must change to support selected customer segments and markets.
How it connects
Connects market penetration, product development, diversification, architecture modernization, shared capabilities, and EventStorming.

Related concepts

This explainer was generated by Manning's knowledge graph from the text of Architecture Modernization: Socio-technical alignment of software, strategy, and structure. The section links point to the parts of the book it draws on.