• Subscribe
    1. Discussions
    2. What are the key factors when launching a new product?

    What are the key factors when launching a new product?

    Ghulam Abbas
    9 replies
    When launching a new product, you should consider the following key factors: Market fit Whether the product meets the needs and wants of your target market Product quality The quality of your product Launch strategy Your strategy for launching the product Customer service The quality of your customer service Feedback and iteration How you will incorporate feedback into your product Risk management How you will manage risk Product demand How much demand there is for your product Promotion How you will promote your product Positioning and messaging How you will position and message your product Channels Which channels you will use to advertise your product Customer experience The quality of the customer experience you offer Loyal customers How you will engage with your loyal customers

    Replies

    VIVA
    VIVA
    One of the key factors when launching a new product is understanding your target audience's needs and how your product uniquely meets those needs. Additionally, a well-planned marketing strategy that leverages both digital and traditional channels can significantly amplify your product's reach and impact.
    Share
    Tolulade Ademisoye
    Build your audience before you launch.
    Share
    Amedeo Tronconi
    Great list! Launch strategy and customer service often get overlooked but are so important for success.
    Share
    Cole Adam
    Interesting. Thanks for sharing
    Share
    Yuki
    DISTRIBUTION!!! Haha, in all seriousness love the quote "first time founders worry about product second time founders worry about distribution"
    Share
    Yuki
    Ghulam if you had to pick your top 3 out of this list that you had to prioritize what would they be?
    Share