But it also has the potential to be a huge disappointment! There are few things more disturbing than launching a product and discovering that no one is interested in it. So how do you ensure that it will be the success it deserves?
Ask the audience!
If you already have a successful mailing list or social media channel, why not ask your audience what they would like to see? This can make a big difference to your ultimate success because you can ensure that you are making a product that is in demand!
Run a beta test
Letting a few people participate in the production phase of your product is a great way to ensure you get feedback on the product. In addition, it generates a lot of excitement and enthusiasm and will make people debate about the product, which is precisely its goal.
Post a press release
A press release is an excellent tool you can use to get media coverage for your launch. A launch is inherently more interesting than a regular product, so you have a good chance of getting a story, especially if you can find an interesting narrative about the creation of your product or its content.
Add lots of additional materials
The more additional materials you can include as gifts, the more attractive your product will be. That should include videos, reports, mind maps – anything you can think of!
Make your product different
If you want your product to stand out, then you can’t cover the same ground as all the other products in your niche. Cover something different and make sure you have something to say!
Involve affiliates
One of the best things you can do for any product launch is to get an army of affiliates to help you promote it. To make sure they want to sign up, cheer them on with a large amount of commission, free marketing materials they can use, and prize money contests for the best promoters.
Use a countdown timer
Making sure people can actually see their clock ticking is a great way to make the excitement even more palpable!
Mailing lists are perfect for a product launch
Launching a product is an amazing way to build buzz and excitement for whatever you intend to sell, before going live. This can cause a massive influx of sales and essentially help you significantly increase your momentum that will continue throughout the sales process going forward.
So how do you make sure people are excited about your launch? What is the best way to generate publicity? Where should you promote your next release?
One of the best options is to create a mailing list and use it to promote your product. Read on to see why this is a great option …
Your squeeze page
To create your mailing list, you will create a compression page. A compression page is simply a page on your website where you convince people to sign up to receive your future emails. That is the sole purpose of this page and therefore it will do its best to convince people that it is a good idea to subscribe.
And often this means using an “incentive”.
That incentive will usually be a free ebook or maybe money on future products. Either way, it is something you are providing for free in exchange for the contact details of the people who sign up.
This can be very effective in getting more people to join, but the risk of a squeeze page is that it can end up meaning people signing up for the free product only and not really interested in your subsequent emails. You will know this has happened if you run into terribly low open rates.
How a Product Launch Changes Everything
But what if you didn’t offer a free product as an incentive? What if the emails themselves were the incentive?
Imagine a scenario where you can make your product sound interesting and unique, but you are somewhat vague about the details. Your audience knows that the product can help them, but they are not really sure what exactly it is or what is good about it. Therefore, they want to learn more.
They will then sign up for your mailing list to be the first to receive more information about the product. And this only works with a product launch because no one would sign up to receive information about a product that is already on sale!