SlideShare ist ein Scribd-Unternehmen logo
1 von 7
Downloaden Sie, um offline zu lesen
Getting Ready for Product Launch – Keys to Building Anticipation and
Momentum Prior To Launch

1. Preparing for the Pre-Launch Strategies and Ideas

The first steps to developing your product launch are the components of the pre-launch
phase. Without these, a launch may be veritably unnoticeable; not to mention
unprofitable. To be sure you have a successful product launch it is necessary to cover
the details of the pre-launch first. Once the plan is laid out, put it all in place and then
you are ready to proceed. Do NOT plan a launch without considering and completing
the key elements of pre-launch.

Choose the best strategies for pre-launch to match your product, your situation and your
goals.

What is the aim of the launch? Are you building on an existing product line or is this an
initial offering of a new product? What are your objectives? To establish and break into
a new market, or to expand your reach in a market in which you already have
customers? By leveraging these ideas you can create customers where you had none
and expand an existing customer base… Whether you are still planning your product or
already have a product created, learning to think in terms of these objectives and
strategies can increase short term cash flow, improve market position and develop into
long term success.

   •   Get input from existing customers on what they most want or need from you:

       A. Hold a contest for the best idea/request/problem/need (i.e. “what do you most
       want to know about X?”
       B. Solicit requests from current customers via email or on your blog
       C. Choose a specific area of your business and ask customers what their biggest
       challenge in that area is.

   •   Review products in the market that are similar to what you are considering and
       find the holes or gaps

       A. Is there a written manual that covers information better taught by audio or
       video?
       Software applications – are you introducing a new software application that solve
       a problem you encountered yourself? If so, videos make software
demonstrations and tutorials MUCH easier to learn.
    Consider not only using videos as your product but how to use them to
    demonstrate your product in your pre launch and later. Create mini versions of
    the tutorials to allow customers to test drive your system. Note: this is not the
    same as a free trial; instead you can use a portion of your introductory video for
    the product and simply allow access to a small section of it. In this way you are
    able to introduce the solution and the ease of delivery of your specific application
    all at the same time.



•   Prepare your market/customers for your new product

    A. As you develop the product, talk about it in your emails and on your blog…
    build anticipation.
    Do this by addressing the problem that your product will solve without revealing
    the specifics of the “how” while telling all about the “what” (benefits)
    B. Talk about what the perfect XYZ product might look like, ask what your
    customers think it would look like
    C. Have dialogues with others in your field/profession about the upcoming
    product, and share highlights of those dialogues with your readers and
    customers.

•   Get creative with your pre-launch activities

    A. Record an interview where you discuss the problems your product addresses,
    providing useful and relevant information for the listener as well as pointing out
    the benefits of your product (solution to the problem), solicit them with offers of a
    free copy of the product in return for their feedback, an interview, or a testimonial
    should they feel it is warranted.
    B, Develop potential joint venture partners by offering to send a free copy of your
    product to others in your market area in exchange for their feedback/review
    and/or potential joint promotion.
    C. Post a notice on your website inviting potential partners and associates to
    complete a form for consideration as a partner. (Here you can request info such
    as # of customers they currently have etc to “pre-qualify” them as partners).

•   Prepare a special contest for a free New Product Give Away and give away a
    select number of free copies to your customers

    A. Consider making it a contest where the contestants must describe their
    problem or situation telling you why they should be considered as the most
    worthy candidate for a free copy of the product.
    B. Give your customers the chance to “cash in” by becoming affiliates to this
    product with a special at launch only incentive where they can earn more than
the usual amount of commission within the first X hours/days of the launch.

•   Set a Pre Determined Number of Copies to be sold at a Special Launch Price
    before the Price Goes Up.

    A. Set a limited number of sales for the new product before the launch and let
    people know that the product will be taken off the market when that many copies
    are sold. (Then follow up later with a “second chance” offer at a higher price for
    those who “missed out” the first time, but wait a period of time before the
    “second chance” offer is presented. (You can even preset this time period in the
    initial offer)

•   Offer a “beta test” for a small number of customers to try out and use the new
    product in exchange for their
    feedback within the pre-launch period.

    A. Convert their feedback to testimonials for your launch page (get permission
    first!)
    B. Strictly limit the number of beta testers you will accept and stick to it.
    C. Use a follow up mailing or announcement to your customers who missed the
    beta test for a special “existing customers only” 24 hour special deep discount on
    the launch price.
    D. If you don’t have existing customers, consider using this strategy with a
    potential JV partner who does have customers. This will build loyalty for him and
    exposure for you at the same time. Then revert to the regular launch price for
    everyone else after the pre-launch special.
    E. To leverage the special offer discount sales, set a fixed number of copies to
    be sold at the discount price and extend the time limit to a week or a few days
    longer than only 24 hours.

•   Create a media event, press release or other attention grabbing scenario to
    create attention and buzz around the new product launch.

    A. Think of creative ways to present the product concept – either in new and
    parallel markets or in markets which do not readily seem to fit but which create
    amusement, fun or entertainment.
    B. Be willing to think outside the box, but be careful not to cross the line into
    “offensive” or “off color” the idea here is to be fun and have fun while at the same
    time exposing what you have that solves a problem.
    C. Line up partners, business associates and others to join in the fun of your
    event while giving them exposure as well.

•   Consider how reframe your product for different specific targeted markets. How
    does your solution apply in other areas outside your current market focus?

    A. Research online to see who is discussing the problem you are solving. For
example, is this a problem that affects businesses? What types of businesses
       are most likely to need your solution? Are there other types of businesses which
       could benefit from your solution if it were couched in the language of that
       business?
       To help get your mind thinking in this way, just consider the famous “chicken
       Soup for the Soul” book series… talk about drilling down into specific niches! If
       you are unfamiliar with this series, simple “google” the title and take a look at the
       multitudes of titles it has created. Using this strategy, you have the opportunity to
       continuously expand, refine and re-launch your product.

2. Putting the Pieces Together The Steps, The Tools Putting Together the Plan

Now that you have considered some of the ideas that are possible, it’s time to pick your
own map and lay it out.

   •   Prepare a time line that allows you to complete the steps in the process as you
       have outlined them.
   •   Put all the Pieces in Place
       (sites/pages/payment/ordering/tracking/autoresponders/emails/partner
       links/pages
   •   Beta Test System
   •   Improve where needed
   •   Conduct Pre Launch Interviews/events etc.
   •   Upload Interviews/Audio testimonials etc. to all promotion and Special Offer
       pages
   •   Announce through lists, partners, forums, blogs, press releases etc.
   •   LAUNCH!

Give yourself some extra room in the schedule if this is your first launch process. Start
with the end in mind, and work your way backwards through the steps it will take you to
get there:

Regardless of your target for each phase of your pre-;launch, be certain that your initial
offer of engagement in the process provides added value and benefit; in other words,
provide a compelling reason/benefit for their participation just as you would expect any
good sales copy to do. This is no different, even if you are only asking for beta testers.
An incentive beyond “this will make you money” is important when approaching
potential partners. How will this partnering help the potential partners’ customers? How
will it improve their business relationships? How will it provide them with a way to
provide real value for their customers?

Too often potential partners are approached purely from the point of view of what’s in it
for the one approaching and a pipe dream of “we’ll make money together” as the offer.
Don’t confuse the natural result of the partnering with the benefit that you specifically
bring to the table. If you can’t find one to offer, then re think the proposal. If your
product or service doesn’t make the lives of the potential partners and their customers
better, then why would they be interested?

Order your plan to continue to build momentum as you go. First you lay out your steps,
and then you implement them. It’s fairly simple once you break it down.

3. Pre-Launch Steps

Whether you are making your offer for beta testing to a list or to an online community of
potential customers, move through whatever process you have chosen to expose your
product and get feedback and testimonials.

Complete all the steps within the process of the special pre-launch or at launch offer
including sales pages, order links and processing and list capture as well as testing all
the components several times to make certain all the links, confirmation emails and
payment processes are functioning correctly. The fact is, without all of these parts
working, you have no business and no sales and no product offer so do not overlook
this step.

Perhaps the “statistic” that so many people attempting to make money online fail can be
chalked up to this one area more than any other. If your site and your sales path
systems are not functional you CANNOT sell anything. Even large corporate sites have
gotten this wrong on occasion, so don’t feel bad, but don’t let it happen to you.

The best way to avoid any of these issues is to have people go through the system and
tell you how it went for them and the beta tester or product feedback provider step in
pre-launch is the best way to accomplish this. You want to hear from people who don’t
know you or who don’t care if you succeed but who want that solution you are offering
and are willing to tell you what they think of your solution in exchange for a chance to try
it out.

Note: If this is your first project, and even if it’s not, make sure you’ve’ dealt with the
process of testing the system before you go to launch. You can use your beta test
process to complete this process. You want at least several people using different
computers, internet connection speeds and locations to test drive the system for you.
Test the system in different browser platforms. If your sites and systems only work in
one browser or work best in one browser, consider telling your visitors that. Many sites
online today are only truly functional in IE however the segments of people browsing in
Netscape, AOL, Firefox, Opera, and other browsing platforms continue expanding.
Whether you decide to play to the one largest browser population or consider the others
make a decision and let visitors know if it may exclude their browser, or if they’d be
better off switching to a different browser when using your site.

Here is a quote from the w3schools.com site regarding browser statistics at the present
time (August 2006:
“Web Statistics and Trends

Statistics are important information. What you can read from the statistics below is that Internet
Explorer 6 is the most common browser, XP is the most dominating operating system, and most
users are using a display with 1024x768 pixels or more, with a color depth of at least 65K
colors.”

This gives you important and valuable information regarding the viewing public and your
web sites. You can find more information at
http://www.w3schools.com/browsers/browsers_stats.asp

Use the information gathered in the feedback to make any needed improvements to the
system. But be warned: you may get feedback that says “this information can be made
better by…” In many cases the observations will be useful and will have the potential to
improve your product but not in all cases. If one person says they think some aspect of
your presentation or product was not “for them” but everyone else raves that it was just
what they needed, don’t hold up the show to try to fix it for that one person. Don’t let the
feedback process stop you from moving forward in your launch process.

Once you are happy with the adjustments (if any) you’ve made after the feedback
period is over, it’s time to move in to the “buzz building” portion of the process.

Schedule the interviews, announcements and offers to build one on each other.
Scheduling live teleseminars, podcasts, or radio interviews, which are then able to be
rebroadcast for the visitors who come to your offer page, or uploaded to the sites and
pages of your partners. Tie in email announcements from partners and to your own
lists, as well as press releases, blog posts announcing the upcoming release will
generate momentum in many areas at once. That is your goal.

Make sure you have all the details of tracking and how the offer will be presented clearly
worked out with your partners. Are they putting up your offer on their site under a “we
recommend” link, or are they directing their existing list members to your site through a
tracked link sent out in an email? Each approach can work and even a combination of
these approaches through out the launch can be used. Additionally, you may attract
customers who themselves have customer lists to whom they would like to present your
offer.

The affiliate promotion option is another version of this “creating new distribution
channels out of customers” idea. If you don’t have an affiliate structure for your launch
you may want to consider adding one. Some offers for affiliates are made based on an
initial purchase of the product and some are made simply as a standard affiliate offer.
It’s up to you to determine if you want to solicit affiliates only from your customer base
or if you are looking for anyone who would like to promote your products without the
requirement of them making a purchase first.
4. Ready, Aim, Launch!

As you can see, there are a lot of considerations and steps in a well laid out and
executed product launch. But the simple components that make a product launch
successful are not difficult to achieve when you start with an understanding of the
process, select the ideas and methods you like the best and lay out a time line and plan
of execution.

The critical element to a great launch is timing. Sometimes that means you need to slow
down and readjust your plan to make certain you have everything where it needs to be.
Sometimes that means you need to get control of the fundamentals like the tracking,
ordering systems and actual components of the system in rapid succession. It is not
uncommon for people to get into high gear and work quite a bit of overtime in those last
moments as a launch takes off. Particularly for those who are just starting out. The best
way to avoid this is to deal with all the working components of the process as early on
as possible. Get the systems and implementation processes out of the way and then
focus in and get the real work of developing relationships with the potential partners and
customers you are seeking accomplished.

Don’t’ get caught in the trap of trying to handle all the logistical details of the system at
the last minute because you got out in front of yourself and made all the right
connections before you had your own work done of preparing the offer, product and
sales path sites etc.

Weitere ähnliche Inhalte

Was ist angesagt?

Video marketing strategy
Video marketing strategyVideo marketing strategy
Video marketing strategy
LadyGaGa345
 
Paolovirata.chap20 tenlearningquestions
Paolovirata.chap20 tenlearningquestionsPaolovirata.chap20 tenlearningquestions
Paolovirata.chap20 tenlearningquestions
Paolo Virata
 
Stage Gate Product Launch Process PowerPoint Presentation Slides
Stage Gate Product Launch Process PowerPoint Presentation Slides Stage Gate Product Launch Process PowerPoint Presentation Slides
Stage Gate Product Launch Process PowerPoint Presentation Slides
SlideTeam
 
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
Erin Murphy
 

Was ist angesagt? (18)

Hax asia introduction to deliverables
Hax asia introduction to deliverablesHax asia introduction to deliverables
Hax asia introduction to deliverables
 
Video marketing strategy
Video marketing strategyVideo marketing strategy
Video marketing strategy
 
Product Launch Doomed
Product Launch DoomedProduct Launch Doomed
Product Launch Doomed
 
8 Tips For Successful Conference Marketing
8 Tips For Successful Conference Marketing8 Tips For Successful Conference Marketing
8 Tips For Successful Conference Marketing
 
video marketing domination
video marketing dominationvideo marketing domination
video marketing domination
 
E book - video marketing domination
E book - video marketing dominationE book - video marketing domination
E book - video marketing domination
 
Collateral Approval Instructions V4 1 11 10
Collateral Approval Instructions V4 1 11 10Collateral Approval Instructions V4 1 11 10
Collateral Approval Instructions V4 1 11 10
 
Paolovirata.chap20 tenlearningquestions
Paolovirata.chap20 tenlearningquestionsPaolovirata.chap20 tenlearningquestions
Paolovirata.chap20 tenlearningquestions
 
Vsx 23txh
Vsx 23txhVsx 23txh
Vsx 23txh
 
Product Positioning Strategies PowerPoint Presentation Slides
Product Positioning Strategies PowerPoint Presentation Slides Product Positioning Strategies PowerPoint Presentation Slides
Product Positioning Strategies PowerPoint Presentation Slides
 
Lecture 2 ppt 15th april16 Strategy and Strategic Management
Lecture 2 ppt 15th april16 Strategy and Strategic Management Lecture 2 ppt 15th april16 Strategy and Strategic Management
Lecture 2 ppt 15th april16 Strategy and Strategic Management
 
Revision 6 organisation
Revision 6 organisationRevision 6 organisation
Revision 6 organisation
 
Collaboration Les Cles Pour Lever Les Freins A L Innovation
Collaboration Les Cles Pour Lever Les Freins A L InnovationCollaboration Les Cles Pour Lever Les Freins A L Innovation
Collaboration Les Cles Pour Lever Les Freins A L Innovation
 
Stage Gate Product Launch Process PowerPoint Presentation Slides
Stage Gate Product Launch Process PowerPoint Presentation Slides Stage Gate Product Launch Process PowerPoint Presentation Slides
Stage Gate Product Launch Process PowerPoint Presentation Slides
 
Produce the Perfect Product Launch
Produce the Perfect Product LaunchProduce the Perfect Product Launch
Produce the Perfect Product Launch
 
Brand Positioning assessment
Brand Positioning assessmentBrand Positioning assessment
Brand Positioning assessment
 
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
 
Product Launch: From 0 to Hero
Product Launch: From 0 to HeroProduct Launch: From 0 to Hero
Product Launch: From 0 to Hero
 

Andere mochten auch

Viking pools leads management
Viking pools leads managementViking pools leads management
Viking pools leads management
Pool Pro Office
 
Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...
Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...
Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...
Nicolas Marguerite
 

Andere mochten auch (20)

What can i pad2 do for you sneak preview
What can i pad2 do for you sneak previewWhat can i pad2 do for you sneak preview
What can i pad2 do for you sneak preview
 
New icon user interface for Pool Pro Office
New icon user interface for Pool Pro OfficeNew icon user interface for Pool Pro Office
New icon user interface for Pool Pro Office
 
Master pool guild presentation
Master pool guild presentationMaster pool guild presentation
Master pool guild presentation
 
Sales Tools, that Sells Pools $$$
Sales Tools, that Sells Pools  $$$Sales Tools, that Sells Pools  $$$
Sales Tools, that Sells Pools $$$
 
Why choose Pool Pro Office
Why choose Pool Pro OfficeWhy choose Pool Pro Office
Why choose Pool Pro Office
 
New User Icon Interface for Pool pro Office
New User Icon Interface for Pool pro OfficeNew User Icon Interface for Pool pro Office
New User Icon Interface for Pool pro Office
 
What can i pad2 do for you?
What can i pad2 do for you?What can i pad2 do for you?
What can i pad2 do for you?
 
New User icon Iinterface
New User icon IinterfaceNew User icon Iinterface
New User icon Iinterface
 
Pool Pro Office iPad screenshots
Pool Pro Office iPad screenshotsPool Pro Office iPad screenshots
Pool Pro Office iPad screenshots
 
Intercoastal Pool and Spa Pace presentation
Intercoastal Pool and Spa Pace presentationIntercoastal Pool and Spa Pace presentation
Intercoastal Pool and Spa Pace presentation
 
Viking pools leads management
Viking pools leads managementViking pools leads management
Viking pools leads management
 
Ipad screenshots
Ipad screenshotsIpad screenshots
Ipad screenshots
 
Would You Like To DROWN your competition?
Would You Like To DROWN your competition?Would You Like To DROWN your competition?
Would You Like To DROWN your competition?
 
Filemaker 13 Press Release Pool Pro Office
Filemaker 13 Press Release Pool Pro OfficeFilemaker 13 Press Release Pool Pro Office
Filemaker 13 Press Release Pool Pro Office
 
The Ultimate Marketing Solution we have an app for that!
The Ultimate Marketing Solution   we have an app for that!The Ultimate Marketing Solution   we have an app for that!
The Ultimate Marketing Solution we have an app for that!
 
Sales tools, that sells pools
Sales tools, that sells poolsSales tools, that sells pools
Sales tools, that sells pools
 
Club AMPERE étude Editeurs et Prestataires - Partie 1 - Reporting et Mesure d...
Club AMPERE étude Editeurs et Prestataires - Partie 1 - Reporting et Mesure d...Club AMPERE étude Editeurs et Prestataires - Partie 1 - Reporting et Mesure d...
Club AMPERE étude Editeurs et Prestataires - Partie 1 - Reporting et Mesure d...
 
Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...
Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...
Présentation - Enjeux et perspectives de la TV connectée pour le Commerce - N...
 
Document sur l'Auto provisioning, contacts, presence et streaming sur asterisk
Document sur l'Auto provisioning, contacts, presence et streaming sur asteriskDocument sur l'Auto provisioning, contacts, presence et streaming sur asterisk
Document sur l'Auto provisioning, contacts, presence et streaming sur asterisk
 
Comment tirer meilleur partie de Twitter
Comment tirer meilleur partie de TwitterComment tirer meilleur partie de Twitter
Comment tirer meilleur partie de Twitter
 

Ähnlich wie F Xproductlaunchprep (1)

Video advertising and marketing for beginners - What do you have to understand?
Video advertising and marketing for beginners - What do you have to understand?Video advertising and marketing for beginners - What do you have to understand?
Video advertising and marketing for beginners - What do you have to understand?
puma64cold
 
Product launch.pdf
Product launch.pdfProduct launch.pdf
Product launch.pdf
WebMaxy
 
Minimal Viable Product - Final Paper
Minimal Viable Product - Final PaperMinimal Viable Product - Final Paper
Minimal Viable Product - Final Paper
Richa Sharma
 

Ähnlich wie F Xproductlaunchprep (1) (20)

9Ps to help you go to market with your new business software product
9Ps to help you go to market with your new business software product9Ps to help you go to market with your new business software product
9Ps to help you go to market with your new business software product
 
New microsoft office word document
New microsoft office word documentNew microsoft office word document
New microsoft office word document
 
new product launch and required business research
new product launch and required business researchnew product launch and required business research
new product launch and required business research
 
Taking In-House Product to Market
Taking In-House Product to MarketTaking In-House Product to Market
Taking In-House Product to Market
 
Product Launch Promotion
Product Launch Promotion Product Launch Promotion
Product Launch Promotion
 
Video advertising and marketing for beginners - What do you have to understand?
Video advertising and marketing for beginners - What do you have to understand?Video advertising and marketing for beginners - What do you have to understand?
Video advertising and marketing for beginners - What do you have to understand?
 
Product launch.pdf
Product launch.pdfProduct launch.pdf
Product launch.pdf
 
Business Model Canvas and How to validate the idea
Business Model Canvas and How to validate the ideaBusiness Model Canvas and How to validate the idea
Business Model Canvas and How to validate the idea
 
Startup in a nutshell
Startup in a nutshellStartup in a nutshell
Startup in a nutshell
 
Advertising process
Advertising processAdvertising process
Advertising process
 
Minimal Viable Product - Final Paper
Minimal Viable Product - Final PaperMinimal Viable Product - Final Paper
Minimal Viable Product - Final Paper
 
The-Product-Strategy-Playbook-by-ProductPlan.pdf
The-Product-Strategy-Playbook-by-ProductPlan.pdfThe-Product-Strategy-Playbook-by-ProductPlan.pdf
The-Product-Strategy-Playbook-by-ProductPlan.pdf
 
Channels and Traction
Channels and TractionChannels and Traction
Channels and Traction
 
Public Relations 101 for Start-ups / Small Companies
Public Relations 101 for Start-ups / Small CompaniesPublic Relations 101 for Start-ups / Small Companies
Public Relations 101 for Start-ups / Small Companies
 
PR Crash Course for Startups
PR Crash Course for StartupsPR Crash Course for Startups
PR Crash Course for Startups
 
Product design and development
Product design and developmentProduct design and development
Product design and development
 
Traction Joshua Harper
Traction Joshua HarperTraction Joshua Harper
Traction Joshua Harper
 
7 designing ad programme
7 designing ad programme7 designing ad programme
7 designing ad programme
 
QnA Marketing - A Simple Strategy For Digital Marketing Success In 2021 & Beyond
QnA Marketing - A Simple Strategy For Digital Marketing Success In 2021 & BeyondQnA Marketing - A Simple Strategy For Digital Marketing Success In 2021 & Beyond
QnA Marketing - A Simple Strategy For Digital Marketing Success In 2021 & Beyond
 
Writing an effective brief - Panteion University, Ad & PR Lab
Writing an effective brief - Panteion University, Ad & PR LabWriting an effective brief - Panteion University, Ad & PR Lab
Writing an effective brief - Panteion University, Ad & PR Lab
 

F Xproductlaunchprep (1)

  • 1. Getting Ready for Product Launch – Keys to Building Anticipation and Momentum Prior To Launch 1. Preparing for the Pre-Launch Strategies and Ideas The first steps to developing your product launch are the components of the pre-launch phase. Without these, a launch may be veritably unnoticeable; not to mention unprofitable. To be sure you have a successful product launch it is necessary to cover the details of the pre-launch first. Once the plan is laid out, put it all in place and then you are ready to proceed. Do NOT plan a launch without considering and completing the key elements of pre-launch. Choose the best strategies for pre-launch to match your product, your situation and your goals. What is the aim of the launch? Are you building on an existing product line or is this an initial offering of a new product? What are your objectives? To establish and break into a new market, or to expand your reach in a market in which you already have customers? By leveraging these ideas you can create customers where you had none and expand an existing customer base… Whether you are still planning your product or already have a product created, learning to think in terms of these objectives and strategies can increase short term cash flow, improve market position and develop into long term success. • Get input from existing customers on what they most want or need from you: A. Hold a contest for the best idea/request/problem/need (i.e. “what do you most want to know about X?” B. Solicit requests from current customers via email or on your blog C. Choose a specific area of your business and ask customers what their biggest challenge in that area is. • Review products in the market that are similar to what you are considering and find the holes or gaps A. Is there a written manual that covers information better taught by audio or video? Software applications – are you introducing a new software application that solve a problem you encountered yourself? If so, videos make software
  • 2. demonstrations and tutorials MUCH easier to learn. Consider not only using videos as your product but how to use them to demonstrate your product in your pre launch and later. Create mini versions of the tutorials to allow customers to test drive your system. Note: this is not the same as a free trial; instead you can use a portion of your introductory video for the product and simply allow access to a small section of it. In this way you are able to introduce the solution and the ease of delivery of your specific application all at the same time. • Prepare your market/customers for your new product A. As you develop the product, talk about it in your emails and on your blog… build anticipation. Do this by addressing the problem that your product will solve without revealing the specifics of the “how” while telling all about the “what” (benefits) B. Talk about what the perfect XYZ product might look like, ask what your customers think it would look like C. Have dialogues with others in your field/profession about the upcoming product, and share highlights of those dialogues with your readers and customers. • Get creative with your pre-launch activities A. Record an interview where you discuss the problems your product addresses, providing useful and relevant information for the listener as well as pointing out the benefits of your product (solution to the problem), solicit them with offers of a free copy of the product in return for their feedback, an interview, or a testimonial should they feel it is warranted. B, Develop potential joint venture partners by offering to send a free copy of your product to others in your market area in exchange for their feedback/review and/or potential joint promotion. C. Post a notice on your website inviting potential partners and associates to complete a form for consideration as a partner. (Here you can request info such as # of customers they currently have etc to “pre-qualify” them as partners). • Prepare a special contest for a free New Product Give Away and give away a select number of free copies to your customers A. Consider making it a contest where the contestants must describe their problem or situation telling you why they should be considered as the most worthy candidate for a free copy of the product. B. Give your customers the chance to “cash in” by becoming affiliates to this product with a special at launch only incentive where they can earn more than
  • 3. the usual amount of commission within the first X hours/days of the launch. • Set a Pre Determined Number of Copies to be sold at a Special Launch Price before the Price Goes Up. A. Set a limited number of sales for the new product before the launch and let people know that the product will be taken off the market when that many copies are sold. (Then follow up later with a “second chance” offer at a higher price for those who “missed out” the first time, but wait a period of time before the “second chance” offer is presented. (You can even preset this time period in the initial offer) • Offer a “beta test” for a small number of customers to try out and use the new product in exchange for their feedback within the pre-launch period. A. Convert their feedback to testimonials for your launch page (get permission first!) B. Strictly limit the number of beta testers you will accept and stick to it. C. Use a follow up mailing or announcement to your customers who missed the beta test for a special “existing customers only” 24 hour special deep discount on the launch price. D. If you don’t have existing customers, consider using this strategy with a potential JV partner who does have customers. This will build loyalty for him and exposure for you at the same time. Then revert to the regular launch price for everyone else after the pre-launch special. E. To leverage the special offer discount sales, set a fixed number of copies to be sold at the discount price and extend the time limit to a week or a few days longer than only 24 hours. • Create a media event, press release or other attention grabbing scenario to create attention and buzz around the new product launch. A. Think of creative ways to present the product concept – either in new and parallel markets or in markets which do not readily seem to fit but which create amusement, fun or entertainment. B. Be willing to think outside the box, but be careful not to cross the line into “offensive” or “off color” the idea here is to be fun and have fun while at the same time exposing what you have that solves a problem. C. Line up partners, business associates and others to join in the fun of your event while giving them exposure as well. • Consider how reframe your product for different specific targeted markets. How does your solution apply in other areas outside your current market focus? A. Research online to see who is discussing the problem you are solving. For
  • 4. example, is this a problem that affects businesses? What types of businesses are most likely to need your solution? Are there other types of businesses which could benefit from your solution if it were couched in the language of that business? To help get your mind thinking in this way, just consider the famous “chicken Soup for the Soul” book series… talk about drilling down into specific niches! If you are unfamiliar with this series, simple “google” the title and take a look at the multitudes of titles it has created. Using this strategy, you have the opportunity to continuously expand, refine and re-launch your product. 2. Putting the Pieces Together The Steps, The Tools Putting Together the Plan Now that you have considered some of the ideas that are possible, it’s time to pick your own map and lay it out. • Prepare a time line that allows you to complete the steps in the process as you have outlined them. • Put all the Pieces in Place (sites/pages/payment/ordering/tracking/autoresponders/emails/partner links/pages • Beta Test System • Improve where needed • Conduct Pre Launch Interviews/events etc. • Upload Interviews/Audio testimonials etc. to all promotion and Special Offer pages • Announce through lists, partners, forums, blogs, press releases etc. • LAUNCH! Give yourself some extra room in the schedule if this is your first launch process. Start with the end in mind, and work your way backwards through the steps it will take you to get there: Regardless of your target for each phase of your pre-;launch, be certain that your initial offer of engagement in the process provides added value and benefit; in other words, provide a compelling reason/benefit for their participation just as you would expect any good sales copy to do. This is no different, even if you are only asking for beta testers. An incentive beyond “this will make you money” is important when approaching potential partners. How will this partnering help the potential partners’ customers? How will it improve their business relationships? How will it provide them with a way to provide real value for their customers? Too often potential partners are approached purely from the point of view of what’s in it for the one approaching and a pipe dream of “we’ll make money together” as the offer. Don’t confuse the natural result of the partnering with the benefit that you specifically bring to the table. If you can’t find one to offer, then re think the proposal. If your
  • 5. product or service doesn’t make the lives of the potential partners and their customers better, then why would they be interested? Order your plan to continue to build momentum as you go. First you lay out your steps, and then you implement them. It’s fairly simple once you break it down. 3. Pre-Launch Steps Whether you are making your offer for beta testing to a list or to an online community of potential customers, move through whatever process you have chosen to expose your product and get feedback and testimonials. Complete all the steps within the process of the special pre-launch or at launch offer including sales pages, order links and processing and list capture as well as testing all the components several times to make certain all the links, confirmation emails and payment processes are functioning correctly. The fact is, without all of these parts working, you have no business and no sales and no product offer so do not overlook this step. Perhaps the “statistic” that so many people attempting to make money online fail can be chalked up to this one area more than any other. If your site and your sales path systems are not functional you CANNOT sell anything. Even large corporate sites have gotten this wrong on occasion, so don’t feel bad, but don’t let it happen to you. The best way to avoid any of these issues is to have people go through the system and tell you how it went for them and the beta tester or product feedback provider step in pre-launch is the best way to accomplish this. You want to hear from people who don’t know you or who don’t care if you succeed but who want that solution you are offering and are willing to tell you what they think of your solution in exchange for a chance to try it out. Note: If this is your first project, and even if it’s not, make sure you’ve’ dealt with the process of testing the system before you go to launch. You can use your beta test process to complete this process. You want at least several people using different computers, internet connection speeds and locations to test drive the system for you. Test the system in different browser platforms. If your sites and systems only work in one browser or work best in one browser, consider telling your visitors that. Many sites online today are only truly functional in IE however the segments of people browsing in Netscape, AOL, Firefox, Opera, and other browsing platforms continue expanding. Whether you decide to play to the one largest browser population or consider the others make a decision and let visitors know if it may exclude their browser, or if they’d be better off switching to a different browser when using your site. Here is a quote from the w3schools.com site regarding browser statistics at the present time (August 2006:
  • 6. “Web Statistics and Trends Statistics are important information. What you can read from the statistics below is that Internet Explorer 6 is the most common browser, XP is the most dominating operating system, and most users are using a display with 1024x768 pixels or more, with a color depth of at least 65K colors.” This gives you important and valuable information regarding the viewing public and your web sites. You can find more information at http://www.w3schools.com/browsers/browsers_stats.asp Use the information gathered in the feedback to make any needed improvements to the system. But be warned: you may get feedback that says “this information can be made better by…” In many cases the observations will be useful and will have the potential to improve your product but not in all cases. If one person says they think some aspect of your presentation or product was not “for them” but everyone else raves that it was just what they needed, don’t hold up the show to try to fix it for that one person. Don’t let the feedback process stop you from moving forward in your launch process. Once you are happy with the adjustments (if any) you’ve made after the feedback period is over, it’s time to move in to the “buzz building” portion of the process. Schedule the interviews, announcements and offers to build one on each other. Scheduling live teleseminars, podcasts, or radio interviews, which are then able to be rebroadcast for the visitors who come to your offer page, or uploaded to the sites and pages of your partners. Tie in email announcements from partners and to your own lists, as well as press releases, blog posts announcing the upcoming release will generate momentum in many areas at once. That is your goal. Make sure you have all the details of tracking and how the offer will be presented clearly worked out with your partners. Are they putting up your offer on their site under a “we recommend” link, or are they directing their existing list members to your site through a tracked link sent out in an email? Each approach can work and even a combination of these approaches through out the launch can be used. Additionally, you may attract customers who themselves have customer lists to whom they would like to present your offer. The affiliate promotion option is another version of this “creating new distribution channels out of customers” idea. If you don’t have an affiliate structure for your launch you may want to consider adding one. Some offers for affiliates are made based on an initial purchase of the product and some are made simply as a standard affiliate offer. It’s up to you to determine if you want to solicit affiliates only from your customer base or if you are looking for anyone who would like to promote your products without the requirement of them making a purchase first.
  • 7. 4. Ready, Aim, Launch! As you can see, there are a lot of considerations and steps in a well laid out and executed product launch. But the simple components that make a product launch successful are not difficult to achieve when you start with an understanding of the process, select the ideas and methods you like the best and lay out a time line and plan of execution. The critical element to a great launch is timing. Sometimes that means you need to slow down and readjust your plan to make certain you have everything where it needs to be. Sometimes that means you need to get control of the fundamentals like the tracking, ordering systems and actual components of the system in rapid succession. It is not uncommon for people to get into high gear and work quite a bit of overtime in those last moments as a launch takes off. Particularly for those who are just starting out. The best way to avoid this is to deal with all the working components of the process as early on as possible. Get the systems and implementation processes out of the way and then focus in and get the real work of developing relationships with the potential partners and customers you are seeking accomplished. Don’t’ get caught in the trap of trying to handle all the logistical details of the system at the last minute because you got out in front of yourself and made all the right connections before you had your own work done of preparing the offer, product and sales path sites etc.