In market-driven product development large numbers of requirements threaten to overload the development organization. It is critical for product management to select the requirements aligned with the overall business goals and discard others as early as possible. This paper presents a method that utilizes strategies for early requirements triage. The method presented is based on good practices from management literature customized for technical product strategy formulation. The creation of the method was also inspired by industry needs through exploratory interviews covering requirements triage and selection processes as well as strategy formulation. After creation, the method was subsequently validated in industry where the aspects of usability and usefulness were investigated, yielding promising initial results.