The Best Product Launch Formula
Companies, both large and small, spend huge amounts of money and time on developing new products. They focus on its benefits and features, its
usability, price point, packaging, its advertising spend and sales targets.
Many however fail to appreciate the importance of a good product launch program. They believe that the launch beings on the day the product
goes on sale - perhaps holding an 'event' and inviting media to attend. This is the way its been done for decades - but in a growing internet
marketing environment, is a total rethink required?
There are some very specific techniques that are being employed by savvy internet marketers, and they are yielding amazing results. All
agree that orchestrating a well-planned pre-launch program is imperative. It creates interest in the product even before it is on the market.
Such a program has potential customers waiting with anticipation for launch day so they can hit that "Buy" button without waiting any longer.
Effectively, the product was launched before it even existed! Knowing your niche, the wants and needs of its members, will help you decide on
the communication techniques that you will use in your launch material. Are they "get rich quick", "learning a new skill", or "looking for a life
change" people? Do as much research as you can prior to launch to answer these questions.
Spend some time in forums that relate to them, and monitor their blogs. Use these places also to create interest in your product launch. In
his Product Launch Formula program, Jeff Walker discusses the pre-launch sequence in great detail, explaining the motivation and reasoning behind
each step. He outlines the primary steps to achieving a great launch, and backs them up with examples, case studies, interviews, and
resources.
The steps are:
1. the pre-launch sequence
2. creating and building anticipation
3. objections, and how to address them
4. setting up the launch
5. the launch sequence
The interviews with people who have successfully followed the program show ordinary people who have created nicely profitable businesses from
their (sometimes) simple ideas. Having the advice of a master of product launches, like
Jeff, and audio interviews with other experts who share their techniques, must make a huge difference to the success or otherwise of a product
launch.
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