Launching a new offer can transform your small business and propel it to new heights, but many new product launches fail within the first year.
In today’s episode Adam `discusses the crucial steps to ensure the success of a new product launch in five simple steps
Takeaways
Research is essential to understand the needs and frustrations of potential customers.
Develop a unique value proposition that sets your offer apart from competitors.
Test the demand for your offer through beta testing or free trials.
Consider cost price, value-based pricing, competitive pricing, and psychological pricing when determining the right price for your offer.
Enhance the customer experience through collaborations and partnerships.
Sign up to our next cohort for the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info
Chapters
00:00 Introduction
01:36 Step 1 and 2: Research and UVP
07:14 Step 3: Testing the Waters
09:00 Step 4: Pricing Strategies
11:56 Step 5: Enhancing the Client Experience
15:49 Outro business strategist.mp3
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ABOUT THE HOST
LinkedIn: https://www.linkedin.com/in/adamistrong
Have you got a plan for scale in 2024? If not, take the business growth quiz here: https://howtogrowabusiness.scoreapp.com
Get early access to the game changers inner circle business mastermind go to https://bit.ly/business-mastermind-waitlist for more info
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