Some products and services don’t have a pre-launch phase. For companies where building a minimum viable product isn’t a months-long effort, it makes sense to just launch a beta and then start talking about it. For other companies however, the product might take a bit longer to develop and talking about it before it’s been released in some form could be pointless (because you don’t have a call to action yet), risky (competitors position against you or customers get confused because there aren’t enough details) or both.
One of the techniques that I’ve used in the past is to engage with the market by talking about the business problem that your product or service is going to solve, without getting into exactly how you plan on solving it. At IBM we sometimes referred to this as “market preparation”.
For larger companies this often entails spending a lot of time (and money) with industry analysts and industry leaders sharing your company’s unique point of view on the market and why it is currently being under-served. If you do this properly you’ll come to a point where your point of view starts to align well with that of the influential folks you’ve been working with. By the time you launch, these folks will be standing behind you saying that your view of the market is one customers should consider.
Pre-launch startups generally don’t have the time, clout or cash to change the way Gartner Group thinks about a market but that shouldn’t stop you from taking your message out directly to the market you care about. There’s never been a better time for startups to get the message out. Here are some considerations:
- Create a clear message about your market point of view – you will need to create a set of messages that clearly illustrate what the unmet need is the in market and why that need has not been met by existing players. You can go so far as to talk about the characteristics of the needed solution (without getting into the gorey details of exactly how you plan to solve it).
- Develop case studies that illustrate the pain you will be solving – Gather a set of real examples of customers you have worked with that have the problem and clearly illustrate the need for a new type of solution on the market.
- Spread the word – Launch a blog, write guest posts for other blogs, comment on relevant blog posts, write articles, write an e-book, speak at conferences and events, open a Twitter account and start sharing information that illustrates your point of view. There’s no end of ways to get your message out there. Do your homework and find out where your market hangs out. What forums do they participate in? What blogs and newsletters do they read? Get your message in front of them in the places where they already are.
- Engage and gather feedback – Starting a dialog with your potential customers about how you see the market gives you a chance to test your messages and see what resonates and what doesn’t. You’ve made a set of assumptions (backed up by customer research hopefully), the more folks in the market you can talk to the more you can fine-tune your market story.
- Capture where you can – If it makes sense you can start capturing a list of potential beta customers or a mailing list that you can use when you launch.
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RT @brainmates: [PG] Prelaunch #marketing tactics focus on how your new product solves customer problems http://bit.ly/7xb8VW from @apri …
Thanks! @StephanieTilton @tonypeterson @cindyalvarez @AJDonovan @brainmates @jyamasaki for RT on Pre-Launch mktg post http://bit.ly/4WeCY2
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If you made a comment on this and are now wondering where it went, I’m sorry to say, it’s gone for good. When I moved this blog from TypePad to WordPress I lost all of the comments on this post (which is a bummer because there were some great ones). It was, strangely, the only thing that didn’t make it across.
Sorry,
April
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Wow, I love this post – thanks for sharing!
Joe
Hey, Thanks!
April
Great post! The question I have is how far in advance should you start talking about a problem? Do you think that you can keep the dialogue going for months before you launch your product?
DS
Thanks for the comment. It probably depends on the problem you are talking about and how much conversation there is out there already but in general, I don’t think there’s a time limit. Again, the goal is to start and develop a smart discussion around the business problem (rather than talk about your solution). As long as the problem remains and remains relatively unsolved, there’s still something to talk about. Does that make sense?
April
Great post and I love your blog. So happy to have found it. Remember me from IBM? Hope you are well.
Don
Hey Don – thanks and of course I do! Are you still doing the drive to Somers? email me at aprildunford at gmail.com
April
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