Posts Tagged ‘internet marketing strategy’

So what’s it all about?

Posted in PLM Files on December 14th, 2009 by Yvonne_PLM – 8 Comments

Rory RamsdenWe have a guest post today from Rory Ramsden, one of my fellow product launch managers.  Rory answers…

Who or what is a product launch manager?

You may never even heard of such a specialist job description. And if you have, do you know what a product launch manager really does?

Let me explain.

You know how every time Apple launch a new mobile or laptop or some such there’s a queue of raving fans on launch day that seems to go round the block all wanting to buy it and buy it now?

Well, that’s no accident. It all came about because a product launch manager executed a well thought out product launch plan.

Grab a coffee and I’ll tell you the story…

It all started some months ago with a few hints made by un-attributable sources. These hints were dropped in places where people talk. The rumour mill began to work leading to company denials. The rumors persisted.

Finally someone inside Apple came right out and said that they were working on this new game-changing product but he was not at liberty to say any more.

The market pressed for answers to their questions. The rumours became more detailed. Just detailed enough to whet the appetite. And tease even more speculation from Apple’s super well-defined market.

The clamour for more information grew to a crescendo. What will it do? How will it do it? When will it be available? How much will it cost? The community of now raving fans twittered, blogged and updated their Facebook pages.

Apple leaked more details. Steve Jobs spoke to a few key people. The anticipation ramped up even more. Apple’s competitors got frightened. Apple was dominating the agenda. No-one who was anyone talked about anything else. The buzz built and built.

The new product launch was being expertly managed.

At the 11th hour, a video went viral. It revealed just about all you wanted to know.  This was a sneak preview of this never-before-seen sexy looking new object of desire. There was still no mention of the actual price. Apple reassured everyone that they could afford it.

Now all your friends were talking about it. They seemed to talk about nothing else. You didn’t want to be left out. You did some research for yourself. Got yourself onto a ‘jump to the front of the queue’ list. Now you would get one hours advance notice of the doors opening. Now, you were a raving fan.

After all, you could not be seen NOT to be. All your friends were.

Then came the launch day announcement. Everyone was super excited. The bad news was that not everyone could buy one. The factory was on overtime but there was no way they could fill the demand.

Et Voila… raving fans sleeping on the street all night. They just had to. There was no other way of being sure of buying one. They had to be one of the first through the doors

What do you think? Are they simply buying a new mobile phone or laptop?

Or

Are they buying an icon? …a status symbol? …a physical affirmation to their friends that they are just the coolest thing on two legs?

Well, of course they are buying a well designed product packed full of remarkable features and incredible benefits. A game-changing device. You have never seen such a smooth, clean design before. You have never seen such a wafer thin laptop before.

It stands out from all those other perfectly serviceable products in the market place. It is not bland.  It is remarkable.

No-one can accuse Apple of me too marketing

That is because Apple use the same product launch techniques that we could put into action for you. They built a conversation with their prospects. They created buzz and anticipation. Everyone was caught up in the excitement of the launch. The market was engaged and wanted the launch to be big.

Then came the ‘scarcity’ trigger. This amped up demand. When the product finally went on sale, there were so many buyers that the idea of actually have to ‘sell’ the product was redundant.

The Product launch plan is packed with psychological triggers, a sequence of actions using different modalities and different tools. It has a well-crafted story. It identifies and answers objections early.  It responds to frequently asked questions.  There is a conversation with the community.

A product launch manager develops and executes a disciplined well worked out sequence that turns a product launch into an event with a capital E.

If Apple can do this then you can too … with our help. We are specialists. We can help you transform your business with your next product launch. We can help you take your business to the next level… in more ways than one.

Straight out of the gate, you have to decide what you want to achieve with your launch… Do you want to grow your list of paying customers?  Do you want to become the go-to guy in your market?  Or do you just want to make oodles of moolah, money or indeed cash?

These are some of the questions only you can answer. 

You know the old adage that goes something like this [I’m paraphrasing here] …

If you set out without a route map and without a destination, you will arrive somewhere but it certainly won’t be where you expected.

So start now. Decide what your one launch goal will be. Then take the first step to achieving that goal.  Fill out this quick questionnaire and tell us something about your business…

We’ll get back to you real soon.

Is Your USP worth Reconsidering?

Posted in PLM Files on December 10th, 2009 by Yvonne_PLM – Be the first to comment

Recently I saw a question posted on a networking site about a new business start-up.  This person had created a B2B membership site but it was very unclear to me what the site was actually offering.  This probably occurred because the site was built out of demand from another product he was selling to the same clients.  The new membership site was meeting a very real demand but because it was closely linked with the other product, it was seen by existing clients as a bundle rather than solely as a membership site.  When demand started to dry up from his existing client base, he started to look at ways to build the membership site as a stand-alone business.

I started off the discussion by asking what was his USP – Unique Service (or Sales) Proposition.  This is what distinguishes your product or service from your competitors.  It has to be very clear WHAT you are selling and HOW you are different from other similar businesses. The USP is at the very core of your business offering. This is pretty standard marketing analysis that needs to be done for every new business.  It also needs to be re-visited regularly as it will evolve as the business grows. 

The USP of the membership site as a standalone business had not been considered and going through this exercise can help to identify the main focus of this new business and to target new customers.

What Exactly Does a Product Launch Manager Do?

Posted in PLM Files on November 28th, 2009 by Yvonne_PLM – 1 Comment

A product launch manager aims to significantly increase your online sales using an array of tools and events to reach your customers.  A product launch can be used not only for new products but also for services and existing products.

Your organisation can also benefit from other short and long term effects of the product launch such as building your customer base, getting feedback from your customers, increasing brand awareness or obtaining input into new product development.