28
10 Tactics for Launching a Product Using Social Media As seen on the Harvard Business Review blog

10 tactics for launching a product using social media

Embed Size (px)

Citation preview

Page 1: 10 tactics for launching a product using social media

10 Tactics for Launching a Product Using Social Media As  seen  on  the  Harvard  Business  Review  blog  

Page 2: 10 tactics for launching a product using social media

So you’re launching a new product, and you think it’s a really good idea.

Page 3: 10 tactics for launching a product using social media

But how will you tell people about it?

Page 4: 10 tactics for launching a product using social media

OVER.

The days of an

embargoed launch date

& exclusive media story

are pretty much

Page 5: 10 tactics for launching a product using social media

Why?

Page 6: 10 tactics for launching a product using social media

The Internet has changed the launch process.

Now companies seed products with influencers,

leak information to reporters, bloggers, and

consumers, live-stream launch events globally, and

reward brand advocates with exclusives.

Page 7: 10 tactics for launching a product using social media

Social media levels

the playing field

for brands and

lets consumers

share their opinions

freely.

Page 8: 10 tactics for launching a product using social media

According to Schneider Associates’ 2014 Most Memorable New Product Launch survey,

is now the second-most used source for new product launch information

behind TV commercials.

Page 9: 10 tactics for launching a product using social media

How do brands use social media to their advantage when launching a new product?

?

Page 10: 10 tactics for launching a product using social media

10 Tips Here are

Page 11: 10 tactics for launching a product using social media

1. Use social media as a supporting character, not the star performer.

Page 12: 10 tactics for launching a product using social media

Meaning…

Use social media to support your

other integrated launch tactics.

Page 13: 10 tactics for launching a product using social media

Remember when Taco Bell sent Twitter followers on a chase to find the Blue Bouquet for the Cool Ranch Doritos Locos Taco launch?

They still supported the launch with a press release, national media relations and a TV spot.

Page 14: 10 tactics for launching a product using social media

2. Use social media to leverage and support an in-person launch event.

Page 15: 10 tactics for launching a product using social media

Like Amazon did for the launch of the Fire phone. Although the phone was somewhat of a flop for technical reasons, Amazon took a page out of Apple’s playbook with a launch event backed by social.

Page 16: 10 tactics for launching a product using social media

three. Use social media to build or

capitalize on a consumer’s

emotional connection to a brand.

Page 17: 10 tactics for launching a product using social media

You could say the social media world was pretty happy when Twinkies had “The Sweetest Comeback in the history of ever.”

The relaunch generated more than 350 million Twitter impressions and 500,000 new Facebook fans…

Page 18: 10 tactics for launching a product using social media

4.) Know your target

demo & their social media preferences. 

Like when Madonna launched

her new pop song on

Snapchat.

Page 19: 10 tactics for launching a product using social media

5 Use social media to host contests that foster loyalty and reward brand advocates. Rewarding brand advocates and fans with the chance to win products through social media drives engagement and repeat fans.

Page 20: 10 tactics for launching a product using social media

6. Use blogger outreach to help launch your product.

Page 21: 10 tactics for launching a product using social media

For the Swiffer Sweep & Trap launch…  

P&G invited mommy bloggers to bring their children to an

event and make messy crafts, then use the Swiffer Sweep &

Trap to clean up.

The bloggers took photos of the event and documented

their experience with the product on their blogs.

Page 22: 10 tactics for launching a product using social media

#7 Use a hashtag to

create, ignite, and track

the conversation on

social media.

Page 23: 10 tactics for launching a product using social media

Wendy’s used #PretzelLoveSongs to launch its Pretzel Bacon Burger, asking

fans to share their thoughts about the

new product.

The brand chose the best ones and

activated singers like Nick Lachey to

sing the tweets on video.

Page 24: 10 tactics for launching a product using social media

8.) Use visual social media to give people an inside look at a B2B company. 

Like Instagram and Pinterest.

Page 25: 10 tactics for launching a product using social media

Use social media to let consumers create the new product.

9

Page 26: 10 tactics for launching a product using social media

Brands want to create products consumers will buy. Consumers want control. Social media allows for both.

Lay’s did this with its “Do Us a Flavor” campaign, asking consumers to suggest their own new chip flavors. The brand chose a winner (Kettle Cooked Wasabi Ginger chips) and made it available in stores.

Page 27: 10 tactics for launching a product using social media

NUMBER TEN To maximize

effectiveness of a

social media

campaign, always

stay ahead of

“the next big

thing.”

Page 28: 10 tactics for launching a product using social media

Do you want to learn how to incorporate social media into your next product launch?

Contact us! [email protected] Read the Harvard Business Review article: http://bit.ly/1b7odyF