Subscribe
Sign in
  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
6 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