The buzz and excitement surrounding a new product, or range of products, is the most important thing to learn to translate to your new and regular customers alike, in order to have the most successful product launch in your company’s history. So, with this in mind, here is the ultimate guide to a successful new product launch.
Be Clear on the Necessities
Understandably, when tasked with advertising and promoting a new product, many employees get caught up in the pomp and flair associated with aesthetics, so it would be prudent to remind yourself of the essential components which undeniably come together for a successful launch.
The necessities are as follows:
- Define the exact timeline and ensure realistic targets are set
- Contact Soyang Europe for quality and eye-catching printed promotional materials
- Identify the USP and make this the forefront of the campaign
- Keep every member of the team engaged and informed every step of the way
- Organize a marketing plan which takes you from start to finish
An Introductory Offer
Whether you’re only launching your product online, or are organizing a huge launch party at your physical store, either way, the aim of the game is to make it worth your potential customers’ while to attend and register their interest.
An introductory offer, whether this is a deal on another product or service you offer, or a reduction in cost when clients order in bulk, for example, just for the first fortnight after the launch will make people feel as if they’re getting an exclusive deal and will add a sense of urgency to their purchase.
Ensure You have a Great Social Media Campaign
Undeniably, social media is by the far the most effective and indeed, the most affordable, way of creating a huge buzz around your new product and as such, if you have one or more employees who are highly adept at social media management, then they need to take control.
Alternatively, you could choose to outsource your social media marketing campaign to a renowned and well-established professional third-party company. There are numerous benefits to outsourcing social media management, including a quicker response time to customers, access to premium technology and equipment, an increased level of brand awareness and reputation, and heightened targeting tools.
Understand What this New Product Means
Finally, but perhaps most significant of all, is that you and your colleagues need to establish exactly what this new range of products, or individual product, will mean for the overall impression of your brand moving forward.
Think about it; how can you possibly get strangers excited about the product you’re selling if you’re not fully behind it, both in terms of how to use it and how it can help, but also how it fits into the ethos of your business on the whole. Moreover, start to consider the bigger picture and how your brand is going to adapt and improve with this new product as part of your best-selling range.