Wednesday, October 10, 2012

Steps Required For a New Product Launch

Digital products are an income stream for online businesses. Ebooks and how to reports help professional service entrepreneurs serve a larger audience. Helping individuals accomplish their goals with digital products increases brand awareness, expert status and income. Product launches have a specific process and this article explains why each step is important to complete.


Evaluation and testing is imperative for a product's success. Although a product in theory seems to serve a popular need, testing provides proof. Also, being clear on the target market the product serves will guide the marketing plan. Researching related products is valuable because it demonstrates how the new product is unique. Skipping these steps makes the launch vulnerable to failure and data is necessary to project a return on the investment.


The next step is to design the strategy. Mind mapping software helps develop a plan by categorizing each step. This provides a prompt visual of the work involved. Producing digital products generally calls for a website, graphics, formatting the product, optimized social media profiles and a copywriter. Categorizing each section helps you list the details. Two examples are website details and copywriter assignments. If you are creating a report that teaches graphic artists to use fireworks you can purchase a website domain such as fireworkstutorials.net. As these keywords are typed in the search engines, the website using those words will come up more often. Other website tasks include designing the site around the content. A copywriter is needed for sales page copy, blog posts and article marketing to build awareness about the upcoming product.


Hiring team members to perform the tasks follows designing the strategy. Listed tasks shows which team members are necessary for the launch. For example, it saves time hiring a graphic artist to create the graphics for the website, sales pages and affiliate program. It is better to hire a social media marketing specialist to optimize profiles, schedule social proof posts building awareness and interest for the product's release date. At this point, it is also important to select a project management tool to centrally manage all tasks and set completion due dates.


Completing the foundation is the first phase. When the above actions are finished, it's time to set due dates, set up the pre-launch campaign for list building and set the launch date. Each team member will complete tasks according to the due dates listed and then marketing can start. Make sure to test each part of the sign up, purchase and customer service process for purchasers to have a good experience. During the launch it is beneficial that a team member monitors and tracks the process for a post-launch review. Using the data collected, an informed decision can be made to re-launch the product.


When hiring a team, it is important to work with knowledgeable professionals to be advised properly and to support a successful launch.


To confirm your product will serve a need in your target market, test your product. Electra Ford,social media marketing virtual assistant certified in product launch marketing can help you with a viability assessment to support your product's success. Use the link to get started. http://goo.gl/MYDox


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