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Powering Momentous Market Launches
Written by: Rebel BrownArticle Overview: Successful market launches are more than a single Lightning Bolt announcing availability. Great launches are all about building momentum, creating buzz and ultimately, announcing success. That's what Rolling Thunder is all about.
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Powering Momentous Market Launches
Launches are viewed as the Lighting Bolt of our corporate world, the big Ta Da! We get all our materials together in hush, hush secrecy. A week or two before the big date, we go share our news with the leading analysts in our community, the top customers and partners. Then, on the big day our Press Release hits the wire and we start selling our hearts out, having trained the sales force the day or week before.
The problem is that those approaches don't work anymore.The Lightning Bolt has given way to Rolling Thunder.
Rolling Thunder launches focus on announcing success - not availability.
I've been using Rolling Thunder launches for over a decade. We use a Rolling Thunder approach to build momentum, create buzz and excitement, leaving our audience wondering what's coming. We gather supporting evidence before we 'launch', strengthening our sales and marketing efforts. We also work the 'kinks' out before we step into the limelight. I wouldn't launch any other way.
Case in Point
A client had a game-changing innovation in the storage marketplace. They were ready to announce their new solution when I was brought in by the board of directors. Here are some of the issues I saw:
- They had three beta sites but the customers weren't ready to talk about anything yet.
- They had two partners but they weren't working with the product yet.
- Their sales force had only seen early demos of the product. Only the VP of sales had been involved in creating the go-to-market strategy.
- No analysts or experts had been briefed or questioned around the strategy.The Thinking was to keep it secret and not share with anyone who might tell the competition.
- There had been no 'softening' of the market, no momentum built.
We didn't follow that plan. Nope, not even. Here's what we DID do:
- Brief sales. The first thing we did was to get the top 5 reps in the top markets, focusing on the strongest current and future opportunities - not just the current few big customers. We showed them the product, asked what they wanted for demos. We got their feedback, their concerns -and over the next month, their buy in. Which, by the way, they shared with the rest of the field sales force.
- Target early customers. We ran like the wind with those reps to target the top ten customers who would get the most immediate results from this new solution. We briefed them, collected their feedback and got the storage system running in five sites within 60 days.
- Target top partners. We worked with one of the channel reps to target two partners as early channel players. We briefed them, took their feedback and let them have product - with our tech support guys standing by to answer any and all questions. The only agreement was that they would each deliver one beta site in the first 60 days with our help - and they did.
- We whispered. At a large industry event, we whispered our news to the most exclusive group you could imagine. We invited the top four analysts,two long lead press, five well known customers and a few other folks to a private Whisper Suite. We asked them to sign NDAs and begged them not to tell anyone they'd been to our suite, seen our product. They did exactly what we wanted. They went out and told the world they'd seen something cool that others hadn't. And the Buzz began.
- The secret lab. We set aside a 'private' space in the corporate office for the final testing. We brought in outside parties to 'test' the product in that lab, swearing them to secrecy until the day of the press release. The Buzz grew.
- We were the Expert. We put together a set of themes around the market and customer need for our solution - and began to talk about those needs publicly. Not our solution, not chest thumping. We educated the market as an expert - discussed the challenges AND the optimal ways to resolve them. At tradeshows and conferences and in a few contributed articles - we set the stage for our solution, without ever mentioning anything specific about it.
So what was different about Rolling Thunder than the traditional Thor's Lightning Bolt?
- We had customers using the product before we announced it. They gave us the evidence of the value that solution provided. That brought immediate credibility.
- We had partners selling the solution with hands-on experiences. They shared their stories - and yes, our credibility rose even higher.
- Thought leaders agreed with our approach. Why wouldn't they. We'd been sharing our expert ideas in the market, people had latched onto them as valuable, embraced them as their own. Add more credibility.
- We had revenues. Imagine that, revenues before you drop the PR. What a great idea. That's the ultimate proof that your offering has value - people have already paid money for it. Talk about credibility!
Most importantly, you get to announce success. Who can argue with that?
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Rebel's Note: My associates asked me to write a series of posts on Company and Product Market Launches - subjects that are near and dear to my heart. So, over the next few weeks, check back for posts related to Rolling Thunder Launch methodologies.
Next Week: Beyond the Lightning Strike, or Why the Press Release Isn't the End of the Launch.
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Article Tags: board of directors, buzz, excitement, kinks, launches, lighting bolt, lightning bolt press, limelight, market strategy, marketing efforts, momentum, new solution, press release, rolling thunder, sales and marketing, secrecy, supporting evidence, two partners, ul, vp
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About the Author: Rebel Brown RSS for Rebel's articles - Visit Rebel's website For over twenty years, Rebel Brown has positioned and repositioned technology companies for high-velocity growth. She’s recognized for her expertise in business and market strategy, corporate and product positioning and go-to-market launches. Rebel’s best selling market strategy book, Defy Gravity, is a guide to creating Powerful Market Positions in today’s new economy. Rebel has been featured in media including Forbes, Entrepreneur, Inc, Business Insider, Startup Nation, ChangeThis.com, First Business TV, Exceptional People and more. Visit www.RebelBrown.com for Rebel's thought-provoking and informative videos and articles. Click here to visit Rebel's website Its Not the Size that Counts Sensationalism is not Expertise Is Cant Limiting Your Growth Evolve and Thrive What If |
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