An rocket blasting off during a product launch.

3 Tips for a Successful Online Product Launch

Posted by Rudy Labordus in Lead Generation, Marketing Strategies 2 Comments

3 Tricks for a prosperous Online Product Launch

While the often touted 80 percent failure rate for new products is an overstatement, studies do show that 30-49 percent of product launches fail. There are definitely an abundance of reasons behind this rate, but one of the largest causes of failure is botched product launches. First impressions are everything, so if you have a new product to release upon the modern world, consider utilizing these suggestions.

Start with the Press Release

The press release, if a corporation even bothers with one, comes after the product launch. While putting out a press release ahead of the launch might be unusual, writing the release long before the launch can be helpful. This will give you an opportunity to read over the copy and have others give their opinions. If the press release does not jump off the page, it is probably time to get back to the drawing board.

Let Customers to Pre-order

Many businesses begin taking orders the day their new product rolls out, but why wait for this moment? While your clients won't be able to get their product until its official release, there is no reason they cannot go ahead and make an order.

The the fact is that most businesses have clients who are almost guaranteed to purchase a new product from the business. Pre-orders allow local business owners to take advantage of this. Even better is the fact that doing this will drum up anticipation, and clients may very well share that excitement for the upcoming product on social media.

Never Be Afraid of Change

A productive product launch isn't just about what happens the day of the launch. You must remain attentive for as long as possible. This means you shouldn't be afraid to change your messaging. After a week or so, you will see how people are reacting to your product and its marketing. If you see places that could use a bit of tweaking, do not be reluctant to do so.

A small business that markets their company effectively is not always successful, especially if they do not handle product rollouts effectively. When your product launch is on its way, take the time to make it perfect.


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Comments

  1. Raima Chowdhury

    Hi Rudy Labordus !
    Great advice !

    These 3 steps are very helpful to launch a product online. To be successful seller, every online entrepreneur should follow these steps. Appreciate ! Thanks

  2. Damon Burton

    Doing an online business is not that easy. Following these steps is really important in order to be successful in online business. Glad to read this article.

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