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Think big by adopting a 4-step expansion strategy

By Ainhoa Carpio-Talleux

Published: 22 July 2025

Thinking big is great. But developing a solid expansion strategy, tailored to your business, your current market and your needs, is what makes the difference between mere wishful thinking and real growth.

New customers, new markets, an expanded product or service, international development, geographical expansion, penetration of the local market... There are many ways of doing this, but you have to dare to take up the challenge!

The first step in a good expansion project is a clear vision, reliable data, a structured action plan, and the right tools to transform each opportunity into long-term success.

Why adopt an expansion strategy?

Expanding is not a gamble; it's often a survival solution for the company that's expanding. Faced with a changing target market, a company needs to consider reaching out to new horizons to stimulate economic growth and consolidate its position.

Growth or stagnation: the choice is yours

No product stays at the top forever. No single service is enough to maintain a loyal customer base when needs change. And above all, no market guarantees lasting stability. As you gain market share, margins become tighter, competitors multiply and cycles run out of steam. That's when you reach a critical point: the point at which you need to decide whether to manage what you've got or dare to draw up a plan to expand your business and take full advantage of it.

An expansion strategy makes it possible to :

  • reduce the risk of exhausting the initial business model,

  • anticipate changes in the economy and usage,

  • offer something new to an expectant clientele,

  • gain access to local resources or talent , or to developing countries,

  • restarting a sustainable growth dynamic.

🤓 Stagnating means running the risk of becoming invisible. To grow is to regain momentum.

Expansion, a lever for growth and resilience

Entering a new market, adding a new offering, setting up in a different geographical area: these are not just ambitious moves. It's often a way of consolidating the foundations of your business, diversifying your sources of income and spreading your expenses.

💡 Let's take the example of a French e-tailer. By focusing on geographical expansion (Belgium, Switzerland, Spain), it smoothes out exchange rates, expands its customer base and cushions increases in logistics costs locally. The same principle applies to a SaaS start-up which, by targeting international markets, limits its dependence on a fragile national economy. This is not just 'more' growth. It's smarter growth.

Inspiring (or alarming) examples

Some companies shine, others burn out. And it's often the same mistakes that come up again and again: expanding too quickly, targeting the wrong market or using the wrong resources.

  • In 2014, Target launched in Canada. The result? 2 billion in losses and a rapid withdrawal. Poorly anticipated market, logistical problems, frustrated customers.

  • In contrast, Decathlon, with its strategy of methodical expansion on the global market, has made its mark in 64 countries (thanks to a tailored offering, local teams and a culture of innovation).

The lesson is simple: think big, yes. But above all, think big.

Step 1: define your expansion strategy: forms, objectives, trade-offs

No expansion without a compass. Before dreaming of exponential growth or penetrating a new market, you need to structure, arbitrate and aim for the right goals. Because a company can expand in any direction... except the most random one.

Vertical, horizontal, geographical expansion: what are the options?

Expand, yes, but how? An effective expansion strategy starts with the right development axis. There are three main options here:

  • Vertical expansion, by integrating part of the value chain: for example, by bringing production or distribution in-house. This will give you greater control, but will require considerable investment.

  • Horizontal expansion, by broadening your catalogue (to include a new product or service that complements your existing one). Objective: to attract profiles close to the current target, without diluting the brand.

  • Geographic expansion, by entering a foreign market or a high-potential region. The key to this is a new customer base, a better distribution of income, but also cultural barriers, local regulations and the need for translation.

Each type of expansion requires different resources. And above all, specific risks to be anticipated. There's no question of running into the wall just because you "want to go further".

Clarifying objectives and resources

An expansion strategy is first and foremost a question of clear objectives. Do you want to gain market share? Accelerate innovation? Optimise your profitability? Each ambition calls for very specific resources.

Start by setting out your priorities in black and white:

  • do you want to grow fast or build a long-term competitive advantage?

  • visibility, sales or diversification?

  • Do you need to keep up with market trends or anticipate stagnation?

Then compare your desire with reality:

  • do you have the necessary human resources (or do you need to recruit local talent)?

  • Is your team ready for international expansion or a change in management culture?

  • Do you have the right tools: multilingual CRM, professional translation solution, management system adapted to several currencies, several countries, several taxes?

Without arbitration, there can be no strategy. You have to dare to forego certain opportunities if they are not aligned with your current structure. A realistic, gradual approach is always better than a headlong rush.

Don't confuse ambition with haste

The classic trap is to give in to opportunistic expansion. An invitation to tender abroad, a distributor offering to list your products in a new country, a customer pushing you to offer a new service. Tempting? Yes. But that doesn't mean it's relevant.

A company that grows too fast is exposed to internal weaknesses. Poorly managed economic growth can lead to more stress than success:

  • overworked teams or unclear priorities

  • products poorly adapted to local expectations

  • failure to reach new customers (due to lack of market analysis),

  • excessive set-up costs that never pay off.

A solid expansion strategy is based on the development of a rigorous strategy, not on a series of poker-fights. You have to test, adjust and anchor your strategy. Sometimes that means saying no to a 'great opportunity' so that you can come back later with the right tools, the right partners and the right offer.

Real-life example: BlaBlaCar, controlled expansion

A good example? BlaBlaCar. The company has not simply copied its French model internationally. It has chosen a local approach for each country.

In India, the target market is highly fragmented (with a high proportion of long journeys made by private car). BlaBlaCar has come up with appropriate solutions based on community and reliability .

In Russia, the company has incorporated specific cultural and road conditions into its development.

🧠 The result ? Truly sustainable growth, without any loss of relevance. It's precisely this type of geographical expansion (aligned with local needs) that makes it possible to succeed in the long term without sacrificing anything of our identity.

Step 2: Validate opportunities through solid market research

We can't stress this enough: just because a market seems promising doesn't mean it's really right for you! There's a gulf between a manager's intuition and the reality on the ground... and only serious market research can bridge it. And in an expansion strategy, it's often this filter that makes all the difference between lasting success and a quick wreck.

Choosing your target market

The first simple question is: where should you go? Targeting a new market is not like throwing a dart at a map. It's a major decision. Identifying areas where there are needs, compatible uses and under-exploited demand is essential. Above all, you need to understand whether you can really reach your target customers.

A target market is not just a population that might like your product or service. It is a set of conditions:

  • viable access (distribution channels, digital, logistics),

  • a local culture open to your offer

  • a location relevant to your production or supply flows.

💡 Example: wanting to sell technical down jackets in Portugal is original. But it's not an expansion project. It's a bottomless gamble.

Using the right data to make decisions

Next comes market analysis. Here, there's no room for tinkering. You need hard data:

  • market size and competitive structure

  • consumer trends and market evolution,

  • macro-economic indicators: average income, regulation, exchange rates.

But you also need qualitative context. What do people really want? What cultural or regulatory barriers exist? What habits do consumers have? What channels do they use? This is where the approach is refined and your strategy takes shape. And for that, you don't need to be a consultancy:

  • use a social listening or competitive analysis tool,

  • gather information on the ground via targeted questionnaires,

  • analyse traffic flows on specific keywords or local marketplaces.

Don't underestimate the power of well-read data. It's what will save you from spending €50,000 to "test a market" that's already saturated.

Understand the terrain... for real

One of the biggest mistakes in expansion projects? Thinking that a translation solution is enough to adapt. No. Translation is not understanding. It's not about fitting in. It's not about selling. And even less about convincing.

You need to get a clear picture of the situation:

  • what words will inspire confidence?

  • What packaging speaks to the local public?

  • What brand promise might be perceived as arrogant, old-fashioned or vague?

This is not a secondary issue. It's essential. Sometimes, a local team or an established partner is better than a 5-star marketing department. Because they understand what your Excel spreadsheets will never see. And that's what's going to make the difference when it comes to deploying you for good.

Making choices in line with your reality

Once the market has been validated, the data collected and the reality on the ground integrated, all that remains is to decide: is this expansion project realistic, profitable and coherent? Perhaps you've identified a strong need... but it requires a major adaptation of your product. Perhaps market access is technically possible, but the logistics costs would explode your margins. Maybe the indicators are good... but you don't have the human resources available to go there now.

Taking a step backwards is not a failure. It's a sign of lucidity. Validating an opportunity also means accepting not to go for it. So that you can come back later... with a solid plan and an optimised offer.

There can be no serious expansion strategy without reliable data, an understanding of the situation on the ground and a clear vision. Don't look for the easy way out. Look for the truth. That's what's going to get your aim right. And, above all, to stay the course over the long term.

Step 3: Implement an effective expansion strategy

Wanting to grow is all well and good. But how do you move from dream to action without spreading yourself too thin? Expansion is no excuse for improvisation. It requires method, a bit of flair and a lot of lucidity.

Clarify your priorities before rushing in

There's no question of going off in all directions. An effective expansion strategy always starts with an honest diagnosis! What are our current strengths? And above all... what do we need to focus on?

Before even targeting a new region or considering entering the market, we need to :

  • Identify the areas of real opportunity (not the ones you fantasise about),

  • assess the human, technical and financial resources available,

  • structure the process to avoid delays or internal blockages.

This is where implementation really begins. It's not just about having an idea... it's about making it work.

Think local from the outset

Successful expansion isn't just about duplicating a model. It relies on adaptation: cultural, linguistic, regulatory. And that means anticipating differences. Translating a site? Of course you can. But not with an unreliable tool. High-performance translation technology (truly calibrated for your content) quickly becomes crucial. The same goes for marketing messages or after-sales support: translating is not enough, you need to localise.

And to do that, it's best to :

  • choose a tool designed for localisation (not just raw translation),

  • integrate this logic right from the content creation stage, to avoid time-consuming reworking,

  • rely on a simple, fluid process that is integrated into your existing workflows.

Here, the line between amateurism and professionalism often comes down to very little. But it's these details that make all the difference in an international market.

Maximising impact without exploding costs

Every deployment has a price. But any cost can be anticipated. All you need to do is lay the right foundations. First of all, you need to think in terms of scale: can what works in a small area work in ten countries, or more? Then you have to decide. Where to invest first? Which jobs can be pooled? And how can you reduce costs without losing relevance?

Here are 4 best practices to maximise the impact straight away:

  • automate everything that can be automated (dispatch, tracking, after-sales service),

  • structure the translation, validation and distribution flows ,

  • use clear KPIs (e.g. conversion rate, acquisition per channel, average basket),

  • think big, but move forward in stages.

This pragmatism does not preclude ambition. It just makes it tenable over time.

Focus on alignment rather than going it alone

Finally, thinking strategy means thinking collectively. A company thrives when everyone is pulling in the same direction. Sales, marketing, product: each team has its part to play. And every change of direction needs to be understood, taken on board and passed on. It also means knowing how to surround yourself: a good local partnership, the right tools, solid market research... nothing can be improvised. And above all, it's not always something you can do in-house. Hence the importance of :

  • Get help with legal issues and local regulations,

  • ensuring brand consistency internationally,

  • choosing the right intermediaries: distributors, franchisees, ambassadors.

Step 4: continuously adjust your expansion, measure, learn and adapt

Expansion is not a matter of instinct. It's a delicate balance of ambition and adjustment. And above all, it's a work in progress. What works today may not work tomorrow. Hence the importance of building a management system that listens, analyses... and corrects quickly.

Follow the right indicators, not the wrong reflexes

Sales volume alone says nothing. What counts is seeing clearly. And to do that, you need useful figures: conversion rate, target market share, average basket, frequency of purchase, but also qualitative indicators.

Certain data can give warning even before results start to fall: a rising acquisition cost, a slowing logistical flow, a rise in churn, a drop in satisfaction. These are the micro-signals that can help you avoid major crashes. Provided you know how to read them, of course. And above all, not to obsess over a single KPI to the detriment of the rest. Focusing your analysis on the essentials is often more effective than multiplying dashboards.

Use feedback to reinforce impact

Customer feedback is not used to reassure yourself. It is used to identify shortcomings, frictions and underlying demands. Frequently recurring feedback, however discreet, may point to an opportunity for development or a misunderstood use of your offering.

This is where innovation comes in: not necessarily technological, but focused on :

  • Clarity of content,
  • the evolution of a product
  • or adjusting a service.

It's better to evolve a promise than to persist with a formula that no longer appeals to anyone. And for this loop to work, your teams need to be trained to listen, relay and test improvements without spending three months on it. Good feedback is useless if it gets stuck in a slide.

Remain agile in the face of market changes

Trends change. Habits change. So does the competition. What was your strength six months ago can become commonplace or even outdated. You need to know how to adapt your expansion (continuously).

💡 Concrete examples:

  • review your positioning if your target audience shifts to another channel,

  • testing a more local product line if the returns demand it,

  • reallocate funding to a region that is outperforming,

  • temporarily increase your resources in a strategic area,

  • or, on the contrary, avoid spreading yourself too thinly if an activity doesn't take off.

The terrain speaks to you. It's up to you to maximise what it shows you.

Never underestimate the power of well thought-out expansion

Opening up new markets, going international or simply changing scale: sooner or later, every growing company is faced with this turning point. But expansion can't be improvised. It has to be built. Clear objectives, appropriate tools, knowledge of the field and agile management... there's no shortage of levers (if you know which ones to activate, when, and why).

What's important to remember? It's not size that determines success, but the ability to deploy a tailor-made strategy that's aligned with your resources, your ambitions and, above all, your reality. So, whether you're aiming for international expansion or a more assertive local presence, keep this golden rule in mind: think big, yes. But above all, think big. That's where the most lasting competitive advantage lies.

Article translated from French