Presented at Microsoft Academy 24th July 2013
Your product is almost ready and you need to spread the word to kick start the sales cycle, but how, what, when, where... and at what cost?
Presentation covers the marketing essentials for any product launch and marketing campaign.
4. Forbes*
250,000 product launches annually
66% fail within 2 years
96% fail to make ROI
*Source: http://www.fastcompany.com/1829483/8-ways-ensure-your-new-product-launch-succeeds
5. This means,
(If) 1% relevant
2500 = product launches
66% = 1650 fail
96% = 2400 fail to make ROI
~100 succeed
6. Why*
1. Company readiness for growth
2. Product falling short on expectations
3. Too niche
4. Consumer education required
5. No market for revolutionary product
Source: http://hbr.org/2011/04/why-most-product-launches-fail/ar/3
11. Price tag: How much
will I pay
Successful launch
Process: How do I
get it
Backing: Who am I
buying from
Attention: Where did I see
that; great offer?
Reassurance: Who else is using it
& what for
Answer,
Target audience questions
Purchase: Where can I
get it
Value: What is it & why do I need it
16. How
Focus on one tool only
1
Registrations are the goal
2
Targeted campaign, modest budget
3
17. Target audience
Extensive work on messaging,
definition and creative for:
The Reserved Instance Calculator
Target audience
AWS customers
Annual spend >$50,000
North America
IT Managers, CTOs
26. To conclude
Time, resources, planning, largest investment
Soft launch first, always recommended
Know your industry and leverage off events
Good marketing always requires a cocktail
Go small and focus, regional and/or vertical
About CloudynEstablishedProductTeamMarketing activities to date – web, PR, speaking opps,some blogsSuccess – good coverage initially, not enough visitors consistently, not enough sign ups