Product Launches section:
Product launch management
Product launch management
is the art of taking the initial ideas about a new product or new service and taking them directly to market in the form of a new product or service. Marketing
agencies use the term product launch
interchangeably when discussing NPD
(New Product Development
), pre-marketing planning
, the launch event
itself, creation of product literature
, development of a press pack
or, any number of similar initiatives taking place before, at, or immediately after product launch. Each of these areas are very different in nature and this section aims to detail the management of the product launch
process itself - from initial conceptualisation about a product or service through to its launch in the market.
Ask any marketing
undergraduate about launching a new product
or service
and they'll probably chirp up with the name Ansoff, which basically means looking at a new product launch
or new service launch
into a new or existing marketplace. Also Ansoff details the ability to launch
an existing product into a new market and demonstrates the possibility of launching a new product
or new service
into a completely new market (diversification). Theory aside, it is more likely than not that you will be launching a new product
or new service into an existing market that you know about. This isn't a hard and fast rule however the majority of calls to marketing agencies
in the UK (when enquiring about product launches
) are in relation to developing a new product for existing markets.
thinktank is one of the few marketing companies
which provides a complete service for product launch management
. Assistance with naming your brand (brand name nomenclature) is provided together with a full creative service
to develop a brand identity
for your new product or service. A full range of strategic marketing services
provided for NPD
(New Product Development
) sits within the same framework as design
and advertising support
. This means that marketing planning
and creative services
can coexist seamlessly during the product launch management
stage, keeping your new product launch
plans under wraps, reducing costs through improving efficiencies within the development process and speeding up the time to market.
Elsewhere on this site various aspects of product launch management
are touched upon lightly. For a more comprehensive look at your product launch management strategy
or to speak to a marketing consultant
from a reputable marketing agency
based in Manchester, speak to the product launch management specialists
now. Call the best marketing agency
in Manchester +44 (0)161 234 0093.
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