| Feature
Article
Launching
Solutions with Impact - Part #2
Ready, Aim, Fire!
by Mary Sullivan
The
old joke, “Ready, fire, aim”, isn’t
really a joke when it happens. With sales lagging because
somebody blew the launch, nobody is laughing.
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Last
month’s KickStart
Accelerator discussed successfully launching
to the sales organization. This month’s
article discusses the outward-facing launch—to
customers, analysts and the market. |
Lack
of a launch strategy can result in delays in getting
your product to market, or worse yet, diluted impact
of your public launch, affecting sales. Without a strategy,
one or both of these will occur:
•
Different functional groups on the launch team
have different views of the goals and objectives
of the launch, and produce conflicting or inconsistent
messages and deliverables.
• Beginning to execute before a launch strategy
is agreed upon wastes everyone’s time and
kills momentum from starting, stopping and changing
directions.
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Certain
elements of the launch, the strategic part, can –
and should – be in progress long before the General
Availability date.
1)
Establish your launch strategy.
Is there advantage in preparing the market prior
to product availability (a “soft”
launch)? How much impact do you need to make,
and on whom? (Prospective customers, of course,
but who else?) Will it be a “stealth”
launch, purposely “leaked”, or “open”?
Launch strategy discussions must include VP
of Marketing and Director of Product Marketing.
2) Gain committed budget and
resources to fund all aspects of the plan.
You can’t count on funds or resources
that have not been approved by the Marketing
VP or Director. Ideally your plan would come
first and the budget would follow, but we all
know it doesn’t work that way. So develop
the plan and prioritize each item, allowing
for pruning of the plan to meet the available
funds and available time.
3) Finetune your positioning and messaging.
This is where you need to spend serious time
because a good positioning and messaging framework
will make development of all your launch deliverables
much faster and easier. It’s clear where
you’re going if you have a plan. If there’s
no plan you’ll likely end up going in
a wrong direction, or no direction at all! Besides
the Marketing executives, make sure Sales is
involved in the process. If you don’t
have buy-in on positioning and messaging, don’t
move forward!
4) Establish a date to begin launch
team meetings. The issue here is best
use of people’s time. Consider several
scenarios – best and worst case, and perhaps
something in between. Determine which deliverable
will take the most time and back up your launch
team kickoff to a date that comfortably accommodates
that item.
5) Identify launch team members and
request their commitment of time to the project.
If they can’t commit, ask for recommended
alternates. Be clear about which members’
presence will be critical to effective launch
meetings. Name a dedicated launch manager to
lead the cross-functional launch team.
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Don’t
call your launch strategy final until you have approval
from each function’s decision-maker.
Once you’ve completed these five steps, you’re
ready to develop your Launch Action Plan (see 10
Practical Launch Planning Tips on the sidebar) and
kick off your Launch Team. Your team should include
members from the following functional groups, or consultants
to fill the roles where you’re short-staffed.
The Launch Manager can either be from one of these groups,
an in-house Program Manager, or an external resource.
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Product Management
-
Product Marketing
-
Channel Marketing
-
Marketing Communications
-
PR
-
Sales Planning
-
Marketing Programs
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Not
everything will go according to plan, but if you have
a good strategy and the backing of all involved, you
can be confident of the impact of your launch.
For more information, please contact Mary
Sullivan, KickStart Co-Founder, at 510-482-0510
or marysullivan@kickstartall.com.
Read
Part 1 of
the series "Launching
Solutions with Impact -
KickStart Your Sales Momentum"
|
In
This Issue:
- Launching
Solutions with Impact - Part #2
Ready, Aim, Fire!
- 10
Practical Launch Planning Tips
|
10
Practical Launch Planning Tips:
by
Mary Sullivan
1. Launch Action Plan - Assign
a target date and priority level, identify a resource,
and estimate costs for each deliverable in your
plan.
2. Branding and Positioning –
Be consistent with your branding strategy and
complementary to the positioning of your other
products.
3. Sales Involvement –
Recruit an experienced sales rep for your launch
team. It’s hard to get sales reps’
time, but they know the market better than anyone.
The Sales organization will welcome the results
of the rep’s high quality market feedback.
4. Analyst Involvement –
For technical products, industry analysts are
key influencers, and early analyst involvement
can help validate your positioning.
5. Public Relations – Regardless
of the scale of your launch, engage PR at the
outset. You won’t want to miss key Editorial
Calendar dates that match with your introduction.
6. Launch Venue – Choose
it ASAP. Any venue – an event such as a
trade or private show, a Webinar, or a “Press”
launch – takes advance work.
7. Sales Launch – Choose
a Kickoff location, a Road Show, a Webinar, or
eLearning, and work with Sales to make arrangements.
See the March 2004 KickStart Accelerator article,
Launching
to Sales with Impact,for more tips on
sales launches.
8. Customer Sales Tools –
All customer deliverables should focus on benefits,
because they are at the root of customer decisions.
With good positioning, this will come naturally.
9. Channel Launch – The
channel launch is part of your sales launch, however
plan a Partner Launch for your Channel Partner
Product Managers so they can plan their own pricing
and product introduction.
10. Demand Creation – Make
sure you implement lead tracking to measure campaign
effectiveness. Testing with pilots of two different
campaigns may cost a bit more, but you can finish
off with the campaign that delivers the most bang
for your buck.
These are only a few of the many details that
all launch leaders and teams must consider. For
additional tips and tricks, please contact Mary
Sullivan, KickStart Co-Founder, at 510-482-0510
or marysullivan@kickstartall.com. |
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