Have a fabulous new product in the works that you’re certain your customers will love?
Find product launch success! With these key points, you’ll ensure every aspect of your latest release has been considered, planned and tested, making you as ready as possible for the big day.
Determine Your Goals
From the start, you need to identify what you want to achieve with your latest product launch. What is the purpose of it, and what goals do you have in mind? To make the bigger picture more feasible, it’s wise to outline smaller, specific goals that are stepping stones towards accomplishing the bigger ones. For example, you may want your product to help you widen your customer base or help you achieve a bigger piece of market share.
Get People Involved
And not just marketing people, either. From CEOs, developer and designers to front line customer service representatives, they will help you identify and accomplish your goals so you can achieve what you’ve set out to. People from different departments will offer different, yet equally valuable, feedback which depends on the perspective they see the product launch from. None of them should be overlooked.
Define Your Audience And Message
Marketing a new product launch means you have to really know who your target audience is. Find out their demographical info, such as their age, profession, buying preferences and what influences them. Then, match that up with a solid understanding of why they need your product, and how it will benefit their lives.
Plan Your Concept
Your overall concept for this product launch will tie together every aspect of it. Make sure it tells a story about the product itself as well as your company. It should also bring your company values to life in a way that excites your audience and makes them keen to buy from you.
With the above information in mind, next you must decide how specifically you will market and promote your product launch. To find success in this regard, you must know where your target audience is, both online and offline. Having a full understanding of this will enable you to make informed decisions about how to use social media, host launch events and write press releases, blogs and other advertisements. These are the core tactics you’ll want to have a form grip on immediately before you launch.
Imagine And Solve Problems
Another great opportunity to bring that core team of people together, thinking about all the potential issues that could occur with your new product launch is essential. Prior to launch, identifying any potential issues and what you can do to handle them will minimise the likelihood of major problems. At the very least, it’ll make them easier to manage when you’re properly prepared.
Evaluate And Measure
Once you’ve launched, it’s time to look back at your goals and measure the outcomes. Did you achieve everything you set out to? At that time you may even wish to set some new goals, that are born out of the original ones. Then, reevaluate them week on week and month on month. You can also take a look at the analytics data and metrics associated with your online campaigns and check whether the areas where you directed your marketing panned out.