How to Plan a Successful Digital Product Launch

Sep 8, 2022

 Last updated: September 1st 2022

A product launch is an event ... as an art exhibit or big "open house" that speaks to the world: "Hello world, here I am. Come visit and learn what I'm all about." The launch provides an chance to "wow" your customers.

To your customers, it's a process of discovery. Can this product perform a function that pleases me, solve some issue, work better than something similar to one I already have? Your product's introduction to the marketplace is the time at which you are able to test the extent to which you can meet the customers' needs and needs.

Because a digital product isn't physically tangible - and doesn't take up space in the physical world. What should the launch of your item look as, how can you design one? How can you get people to notice it, and how do you make the effort you put into it be worth it?

Make the Goals for Launch

An event like a launch can be an opportunity to evaluate the goals you have set and evaluate your success at achieving these goals. Do you have a target number you have in mind for the number of sales you want to generate within a specific amount of time? Do you have a greater interest in discovering the people who are your customers and their purchasing habits? What kind of buying habits do they have? Which part of the world do they reside in? How will they relate to your products?

Be sure to have the tools and procedures that will record everything you chose to measure. If the goal is to achieve 10,000 downloads within during the first thirty days following the launch event, will you have the right mechanisms that will allow you to record the number of downloads? Can you easily pull data about where the downloads originate geographically? Do you have the tools to collect their feedback?

Make use of timing strategically

The timing of a product's debut into the market is an important marketing strategy. Identify the times of the year, and also the places that will be able increase exposure and influence:

  • Avoid dates when individuals from all over the world generally take a vacation. These are usually the months between July and August. They also include public holidays such as New Year's Day, Christmas New Years, Good Friday, Easter, ThanksgivingDay, Labour Day, Bastille Day, Yom Kipper, Boxing Day etc.
  • Follow the coattails of a major trade show that is in your sector or similar event that is major, like an event or announcement of a product launch or new technology that dovetails with your product. An example is a huge seminar or workshop that trains people to use technology who would likely be users of your product , or the launch of an app or operating system that complements your product , or improves an aspects of its use.
  • Do not miss launches that you might be aware of that are held after your competition's launched. It is important to stay ahead of your competition, not behind them or perhaps you'll find that potential clients have fallen off the radar. Be first out of the starting line, in the event that you are able to.
  • Beware of delays when you announce your launch. Competitors could take advantage of that occasion to get in the game early or even start a firestorm of the negative press. You want to be ready and have customers looking forward to the release of your product, and media ready to look over the reaction and write about it.

Make a checklist for launching

The process of launching a new product requires lots of preparation, activities, announcements prior to the launch, post-announcements and following-ups. Be sure that your clients can use the product, know the best way to use it and are pleased about their purchase. There isn't always a strict procedure, but it is important to ensure that you do them when they seem logically appropriate. Be on top of the ones that are time sensitive and also make the most of ones that are flexible. And you don't want to ignore the most important ones. Use a checklist.

Make the big announcement

Develop and carry out the most activities you can to create excitement and interest in your product prior to when it is made available to consumers. It can be accomplished on a budget that is small or big as well as for companies of any size. The first step is to select and inform your partners. Be sure to include them in the beginning so that they will be able to inform the customers they serve. Sales managers can be your biggest evangelists. Use LinkedIn connections, as well as networks and other contacts to connect with them.

Send a press release to bloggers and journalists ahead of time so that they can get the chance to peek (like an early screening of the newest film to a select public). Be sure that they are aware that they have been invited for the exclusive view. This is more than just courtesy. The potential is for bringing visitors to your websites as a cowboy drives cattle out to pasture.

Industry analysts are also able to create buzz. Contact them via the business networking sites like LinkedIn and your professional network, as well as in social media groups on Facebook, Twitter and Google+. Inform them of your plans, ask for their opinions and stay up-to-date with developments.

Sometimes, easing into or creating an aura of secrecy prior to a launch could create curiosity and even excitement. A select group of people can be given the lowdown. This will help create an excitement, make buyers engaged, and increase the anticipation and urgency among prospective customers. Make sure to announce the date of launch prior to the event and inform the world that something important is on the way.

Be aware of for the Press En Masse

Make sure to expose your product's story to the right media outlets that might be curious, excited enough to want to share their thoughts on it. Invest into a subscription to the news release services. A few that are best designed for small businesses are: E-Releases, PRWeb and PR Newswire are a few most highly rated options. Mid-tier pricing for these three is between $150 and $200. PRWeb For instance, PRWeb can help you write the message you want to convey, and then send it to every major newspaper and search engine (30,000 journalists and bloggers , and more than 250,000 PRWeb news readers) and monitor it (detailed analysis will show the number of people who read the release, where it appeared and how many times it was shared).

Does a press release help build SEO and traffic to websites? It is certainly true that a press release can increase traffic to websites is a good thing, but the press release's capability to improve SEO has changed over the last few years due to the changes to Google's algorithms. The press release you send out is more likely to appear in results if users would type certain words in your press release. It's unknown how much more likely.

Build and Leverage Your Emails

Mailing lists are like gold. They are not just a way to promote your new product, these are potential buyers and where your dollars are coming from. You want to cultivate your emails as precious gemstones that yield sales on into the near future. The number of emails you send will increase as customers share your communications. It's a way to build relationships with the customers. Keep them happy and they will be your supporters. It is your goal to make them regular visitors to your website as well as buyers of your product as well as fans who can spread your message and make the message grow exponentially on social media.

Are you launching a new product launch completely from scratch? It's likely that you do not have a mailing list. Or, you may already have one from an earlier product that you've promoted. Whatever the case it is important to get users to sign up for emails from your. The earlier you start the process, the bigger the list of email subscribers. Create incentives and rewards. Your customers will probably need the motivation to purchase the product.

If you're just starting out only sending a handful of emails Utilize social media in building them up. Boost your posts via Facebook. Invite friends. Follow businesses and individuals on Twitter. Tweet and retweet items that are of interest. Create followers on Instagram and Pinterest with your product's images blog posts, photos pitches, how-tos, and pitch decks. Invite people to complete an easy survey. This is one of the surveys that has hit email inboxes:

Make use of your site as well as sales platforms and social media to attract customers and followers and invite them to sign-up to join your email lists. This allows you to contact your prospects anytime later on, using whatever type of message that you wish to send; it doesn't rely on ranking on search engines or algorithms for social media.

As early as possible start making names to be included in a mailing list using your site. Invite visitors to sign up with their email so they can be the first to receive notifications. Give them a free preview of the book's first chapter (like the Amazon "Look inside" feature) or even an e-book with useful advice or other information. Develop and promote incentives, such as giveaways, bonuses, and discount offers for those who purchase early.

Sign up with one of the companies that provide email services (ESP), especially when you're beginning from zero. Below are some companies that have been rated highly which range from no cost to $15 each month. Campaign Monitor, iContact, MailChimp, and Constant Contact. A good ESP can provide users with the tools, templates and services you need to get subscribers, test your campaigns, handle the day-to-day requirements of your emails, and generate analytics.

Always be ready to help

Make sure you are able to offer quick and competent support, particularly in the event of a brand new launch. User manuals and troubleshooting guides are helpful when the support team aren't in the position to guide customers through problems or to answer any questions related to the use of your product.

Offer online chat, phone assistance, and/or email assistance in the event that you're able to. Sometimes phone support works better for technical issues related to software. If you have a question about lost password, credit card problems or non-receipt of the product, online chat or an email may suffice.

You should have Customer Relations Management (CRM) implemented. Do not attempt to manage your support on your own. This will consume many hours of your time, and keep you away from doing the work that an entrepreneur does - creating selling, creating and producing sales and new and improved solutions. CRM software can be used CRM software to keep track of all your customer relations in all one location.

Look online for virtual assistants or others seeking part-time jobs you can work remotely at home. Or go the digital route by using a service which acts as an online help desk and/or chat online service.

Missteps Breed Success

Following the launch, you should learn how your products can be marketed to the world. You can continue testing, tweaking and making changes in the event of need. If your sales and responses weren't up to your initial goals Keep in mind that this is just the first chapter of the novel. Be prepared for the mistakes you make or your shortcomings. Learn more from your mistakes than from your victories. This will allow you to turn a good product into an extremely profitable one.