Bringing your product to market can be intimidating and tricky.
There are so many moving parts in the process—which is why you need to prepare well before the launch date.
A product manager survey from Gartner found that only 55% of product launches happen on schedule. This includes nailing down your messaging and positioning, sharing them with your team, listing out your launch activities, creating content and assets, and so on.
Knowing how to create a successful product launch strategy is half the battle. The other half is implementing it. With the rise of text messaging and mobile payments, you can reach a segment of people you might have left out with previous launches.
Text messaging your audience is a cost-efficient and ROI-rich tactic for your product launch for a couple of reasons. Users read text messages within seconds (text messages have 98% open rates), and people click through more than other marketing channels like email.
Here’s a quick guide on how to use texting for your next product launch.
A comprehensive strategy that uses several marketing channels is good, but texting your audience elicits the greatest return on investment (ROI) by far.
There are several tactics to get people to buy your product. Before you start texting, here are some things to do first:
It’s essential to time the release of your product because it can make or break the overall success of the launch.
For instance, timing the product launch around an event like a TV premiere or movie can help generate buzz and jump-start your campaign.
Several factors come into play when deciding on a launch date. For instance, you need to consider your customers’ behavior and when they’re most likely to purchase your product. Avoid days when people start their workweeks, like Mondays.
You’ll also need to consider whether to launch your product on special days of the year, such as Black Friday, Thanksgiving, or Cyber Monday, among others.
Plan as far in advance as possible, so you can decide if you will tease your product via text or socials ahead of the actual launch. During your launch, if you have a team, be sure to involve key team members to troubleshoot unexpected hiccups.
There are several types of messages you can send out to your audience. Here are just a few of the ideas that can maximize your product launch:
Important to note, you won’t want to do all of these. Pick a few and don’t overdo it.
Campaigns must be on brand and valuable to customers—not annoying or intrusive.
Keep texts short, simple, and to the point. Sending lengthy messages bores and annoys people, and they won’t bother reading them. They may also opt-out of receiving your texts in the future.
Grab their attention and communicate your message with a call to action. But avoid bombarding users with every piece of company news or promotion. They’ll simply ignore texts as they do with social media ads or billboards.
A campaign should follow the same theme and be about the same product. If you’re running a product launch campaign, don’t send texts about other things during your campaign. That will confuse people. Don’t send more than one message in a day.
Schedule campaign texts when you think they will be the most impactful and limit the number of texts you send to a specific number of customers. A campaign is a good time to do an A/B test to see when people respond to your texts and buy your product. Note when you schedule your messages.
Remember to provide an unsubscribe option, so customers know they can opt-out of your program if they so choose.
Tracking your text campaign’s success lets you learn about your audience, know and improve on what works, and see more impressive ROI.
Some of the most valuable metrics to measure include:
Product launches can be one of the most stressful times, but also one of the most exciting times for brands and indie creators. After everything that goes into creating something great, you deserve to see success when you’re ready to sell it. By making a thorough launch plan and using texting as part of it, you can increase your chances of reaching new audiences and ultimately reaching your sales goals.
Get Parrot and see how you can get the most out of your next product launch.