This Ansoff Matrix Mind Map shows how it is a product/market expansion framework that business owners use to understand and analyze the community, allowing them to plan and evaluate various growth initiatives. We can easily visualize the new product, existing market, existing product, and new market when we work on such a mind map to illustrate Ansoff Matrix. A company owner can assist stakeholders in conceptualizing the various risk levels associated with multiple growth strategies by creating such mind maps. Such Ansoff Matrix templates are easily available from EdrawMind. After customizing it to your specifications, you can export it in various formats, including JPEG, PNG, PDF, HTML, and others.