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Clearing the marketing
fog on product launches
24 July 2013
www.billycina.com
Product launches,
Some numbers
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
This means,
(If) 1% relevant
2500 = product launches
66% = 1650 fail
96% = 2400 fail to make ROI
~100 succeed
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
For
start-ups
this also
means
Marketing,
Some ground rules
Provide a cure for a real pain point
1
Agree on concise and realistic
objectives2
Prepare for a marathon
3
Do yourself a favour and
Forget about
Do yourself another favour and
Accept
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
SaaS
Product &
Marketing
Together forever
Case Study
October 2012
New product launch
Cloudyn’s first ‘real’ campaign
Mission
Pain-point: Waste / over-spending
1
Objectives: Launch new tool, reach
100+ registrations2
Marathon: 3 month staged campaign
3
How
Focus on one tool only
1
Registrations are the goal
2
Targeted campaign, modest budget
3
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
Website
takeover
Online
adverts
~30 x PR
briefings, 10+
Infographics
4 Industry events
2nd stage
What else….
3 x Webinars
1 x Prompted online assistant
Social media – weekly blogs, Twitter, Linked-in
2nd phase, partner release
Product &
Marketing
Together forever
Results
175 new registrations
+60% visitors
+92% unique
15 articles
………….Next phase underway………
Budget
$20,000
60%:40%
advertising : creative
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
Thank you
www.billycina.com
054-6515565 |billy@billycina.com

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Microsoft clearing the marketing fog

Notes de l'éditeur

  1. About me
  2. About CloudynEstablishedProductTeamMarketing activities to date – web, PR, speaking opps,some blogsSuccess – good coverage initially, not enough visitors consistently, not enough sign ups