How to Create a Successful Digital Product Launch

Sep 8, 2022

 The last update was September 1st 2022

An event like a launch of a product can be described as an event ... like an art show or a huge "open home" that speaks to the world: "Hello world, here I am. Stop by and discover the things I'm about." Launches are an chance to "wow" your audience.

Your audience will be an exploration. Does this product do something which pleases me? Does it solve some issue, work better than something similar to one I have already? Your product's introduction into the market is when you can open your doors and see how well you meet the needs of your clients and requirements.

Because a digital product isn't an actual product, it isn't a part of the physical world, at least How should the launch of your new product be like? How do you plan one, how can you get people to notice it, and how do you make the hard work you've put in be worth it?

Set the Goals for Launch

A product launch is an opportunity to evaluate the goals you have set and evaluate the success you have in reaching the goals. Do you have a target number that you're thinking of for the revenue that you would like to achieve within a specific period of time? Are you more concerned with knowing the people who are your customers and their habits of buying? What sort of habits are your customers following? Which part of the world do they reside in? What is their relationship to your products?

Make sure you have the tools and procedures set up to record all the data that you choose to quantify. If the goal is to achieve 10,000 downloads within the initial 30 days after the event's launch, do you have the mechanisms put in place to track the count of downloads? Do you have the ability to pull information on where they come from in terms of geography? Are you prepared to capture their comments?

Utilize Timing strategically

The timing of a product's launch into the market is an important marketing strategy. Determine the best times of the year as well as those locations where it is likely increase exposure and influence:

  • Beware of dates that worldwide where people typically go on vacation. They are typically the months between July and August. They also include other public holidays, such as New Year's Day, Christmas New Years, Good Friday Thanksgiving, Easter, Labour Day, Bastille Day, Yom Kipper, Boxing Day and many more.
  • Follow the coattails of a major trade show within your field or other major event such as a conference or the announcement of a new product release or a new technology that integrates with yours. An example is a huge event or conference that teaches people to use technology who would likely be users of your product , or the launch of a new app or operating system that supports the product you sell or increases some aspects of its use.
  • Do not miss launches that you might have heard of, which take place after your competitors' launches. You want to be ahead of your competition, not behind them or you may find potential clients have fallen off the radar. Be first out of the starting line, in the event that you are able to.
  • Do not delay your launch. Competitors could take advantage of that opportunity to jump in early or even start a firestorm of negativity. You want to be ready, have buyers looking forward to the release of your product, and the media ready to read the response and write about it.

Make a checklist for launching

Launching a product involves many planning tasks, pre-announcements, post-announcements as well as follow-ups. Be sure that your clients can get the product on their computer, are aware of how they can use it and are happy with their purchase. There's not always an arrangement to this, however you do want to be sure to perform these tasks when they seem logically appropriate. It is important to stay in the know about those which are sensitive to time and also make the most of ones that can be adapted. Don't ignore the most important ones. Use a checklist.

Create the big announcement

Define and execute the most activities you can to build excitement and create the demand for your product prior to it is made available to consumers. It can be accomplished with large or small budgets and any company size. The first step is to select and inform your partners. Be sure to include them in the beginning so that they are able to educate about their clients. Sales managers can be the most effective evangelists for your company. Use LinkedIn connections, as well as other networking and contacts to connect with them.

Create a press release for bloggers and journalists ahead of the time, to provide them with a sneak peek (like a pre-screening of an upcoming film for a select audience). Make sure they know they've been invited for the exclusive view. It goes beyond mere courtesy. This has the potential to bring customers to your sites for selling like a cowboy driving cattle out to pasture.

Industry analysts also create excitement. You can reach them on business networks like LinkedIn and your professional network, as well as in social media forums on Facebook, Twitter and Google+. Inform them of your plans, ask for their feedback and inform them of developments.

Sometimes teasing or creating an atmosphere of secrecy ahead of a big event may create excitement and curiosity. Give a select few the lowdown. This can feed an exuberance, encourage buyers to get excited, and build excitement and anticipation in potential buyers. Publish the launch date prior to the event and inform your audience something big will be happening.

Be aware of for the Press En Masse

Expose your product to appropriate media outlets that might be curious and excited enough to write about the product. Invest into a subscription to an online news release platform. Some of the best created for small companies are: E-Releases, PRWeb and PR Newswire are a few top-rated services. Mid-tier pricing for these three is between $150 and $200. PRWeb For instance, PRWeb can assist you in creating your announcement, then distribute it to all major newspaper and search engine (30,000 journalists and bloggers and more than 250,000 PRWeb news members) and monitor it (detailed statistics will tell how many people have read the release, where it was picked up and the number of times it was shared).

Does a press release help build website traffic and SEO? Yes, it will however, a press release's capacity to boost SEO has changed over the past several years due changes to Google's algorithm. Press releases are likely to be more prominent in search results if the users were to type in certain words in your press release. However, it's unknown how much more likely.

Develop and Make Use of Your Emails

Mailing lists are like gold. It's not just about communicating your new product, these are your potential customers and where your dollars are getting their money from. The goal is to treat them like precious gems to yield sales on into the in the future. Those emails will grow when customers spread your messages. You're establishing a relationship with your customers. Make sure they are happy, and they will be your supporters. You want them to become regular visitors to your website as well as buyers of your product, fans who will transport your message to make it grow exponentially via social media.

Are you starting your brand new product completely from the ground up? Chances are you do not have a mailing list. Or, you may have one from a previous product you've marketed. If so it is important to get people to visit your website to sign up for emails from you. The sooner you begin the procedure, the more extensive your email list. Establish rewards and incentives. Your customers will probably need an incentive to test your product.

If you are starting out with a few email addresses Utilize social media in building them up. Boost your posts on Facebook. Join friends. Follow businesses and individuals on Twitter. Tweet and retweet items that are of interest. Build followers on Instagram and Pinterest using your brand's pictures blog posts, photos, pitch decks and how-tos. Invite people to complete short surveys. This is one of the surveys that has been appearing in email messages:

Use your website as well as sales platforms and social media to attract people to your site and invite them to sign-up for your email list. It gives you the chance to communicate with your potential customers at any point later on, using whatever type of message you want; and there is no need to worry about ranking on search engines or social media algorithmic rules.

When you can, begin making names to be included in a mailing list using your site. Request that visitors leave their email so they can receive updates first. Offer a complimentary sample download of the first Chapter (like Amazon's "Look inside" feature), or the PDF that contains helpful tips or information. Create and communicate incentives like incentives, giveaways, or discount offers for those who purchase early.

Join one of the companies that provide email services (ESP), especially when you're beginning from with nothing. There are several services that are highly-rated that range between free and $15 per month: Campaign Monitor, iContact, MailChimp, and Constant Contact. An ESP provides you with all the tools, templates and services needed to build a list of customers, evaluate your campaigns, handle the day-to-day needs of your email and create analytics.

Be Ready to Provide Help

Make sure you are able to offer quick and professional support, especially when launching a new feature. User manuals and troubleshooting guides can help when you or your support personnel aren't in the position to guide customers through glitches or answer questions about the use of your product.

Provide online chat, telephone assistance, and/or email assistance if you are able to. Sometimes phone support works better for technical issues related to software. If the issue is related to a lost password, credit card problems or non-receipt of the product the online chat option or email could be sufficient.

Make sure you have the Customer Relations Management (CRM) in place. Do not attempt to manage the customer support by yourself. It can consume many hours of your time, and keep you away from the job that an entrepreneur does - creating production and sales and new and improved products. CRM software can be used CRM software to keep track of all your client relations from one place.

Search online for virtual assistants, or other people who are looking for work that they can do remotely at their homes. Or go the digital route by using a service which acts as an online help desk or chat online service.

Missteps Breed Success

Following the launch, you should learn as your product reaches out to the world. You can continue testing, tweaking and making changes, if needed. If you're not satisfied with your response or sales weren't up to your initial goals Remember, this is only chapter one of the story. Be prepared for errors or failures. Learn more from your mistakes than you will from the successes. Doing so lets you to turn a good product into a highly successful one.