How to successfully market a new product

Alexandoy

VIP Contributor
For a personal and household product I would go for giving away samples. But there is a proper way of giving samples. You have to identify the prospects. For example a lip gloss will have no value to the male because it is a product for a female. Take note that samples have a cost so you have to be selective with the recipients of the sample.
 

uforwealth

Verified member
Having a new product to sell is one of the hardest things to do, but if you know the right tips to you, you can be successful with it. It isn’t to easy to convince to buy a new product especially if there are other strong brands of the product. But you can still win. You need to consider using the following success tips

  • Find the right target audience: to succeed target the audience meant for your product
  • Teach them how your product works
  • Have a free sample even if it in smaller package let them have a firsthand feel of your product
  • Go on persuasive advertizing: persuade people to buy in a more subtle way
  • Start with a low pricing
What’s your thought?
I think all the above mentioned tips are facilitators of the sale of new products especially targeted audience. Targeted audience are potential buyers of your new products. Trust is what you need to make them want to purchase your newly manufactured products and it can be achieved by giving them samples of the product.
 

btaliat

VIP Contributor
While embarking in new products the very first thing to do is to make sure that the things we deal in is very scarce in that area. We can now use oral advertisement to create awareness on what we sell before we can now start making use of some social media.
 

Setho

VIP Contributor
One very important thing about marketing a new product is that you should always send out sample products first to know how a small minority are going to react to it. Then you should look for a penetrative strategy like lowering the price or starting your sales with a massive free gift or first bonus.
 
D

Deleted member 28127

Guest
Most of products have a sponsor like a football player or a singer or a politician or a tennis player or something like this so many are benefiting from it to create advertisements spots and additionnally people will like product because for example their favorite tennis player is using this product and this is good for promotion. So your investment will be winner means money paid to him or her for sponsoration.
 

linneasandel

Active member
Hello,
If you really wants to promote your new products in an effective way then customize them with your brand logo & name and distribute among the target audience. People would know more about your business and products which helps you to increase your branding.
 

Mataracy

VIP Contributor
Having a new product to sell is one of the hardest things to do, but if you know the right tips to you, you can be successful with it. It isn’t to easy to convince to buy a new product especially if there are other strong brands of the product. But you can still win. You need to consider using the following success tips

  • Find the right target audience: to succeed target the audience meant for your product
  • Teach them how your product works
  • Have a free sample even if it in smaller package let them have a firsthand feel of your product
  • Go on persuasive advertizing: persuade people to buy in a more subtle way
  • Start with a low pricing
What’s your thought?
To be able to succeed in doing businesses one need to strategize very well so that one will not fail. Because without good management the business will not be able to compete with its counterpart ( competitors) and there will be reductions in the gain to be made.
 

Augusta

VIP Contributor
For me, the most useful factor for a product to be sold is to upload them on the social media and pay for some ads to test the market. If it goes well, scale it bigger.
Well, this is a good online strategy that will still be helpful if done properly like being able to target the right audience and covering a wider audience too. Since it isn’t going to be only on free ad but paid you would be able to quickly find out how acceptable your product is.
 

Augusta

VIP Contributor
In as much as I will agree that starting with a low price is a good strategy , it also have it's disadvantage. There is this believe by most people that anything with low price is inferior. This is a challenge for new business especially when there is existing competitors.
Secondly , the low price can make it difficult for the business to make huge profit from the business.
Everything or action comes with good and downsides so you need to weigh which options will profit you the most. The low pricing is just a market strategy to lure people first to your product, as the realize the value you can intermittently increase your price. Don’t just start a business and want a 100% profit at the beginning
 

Josemendez

Verified member
Start with a low pricing
In as much as I will agree that starting with a low price is a good strategy , it also have it's disadvantage. There is this believe by most people that anything with low price is inferior. This is a challenge for new business especially when there is existing competitors.
Secondly , the low price can make it difficult for the business to make huge profit from the business.
 

Jecsad2

New member
Having a new product to sell is one of the hardest things to do, but if you know the right tips to you, you can be successful with it. It isn’t to easy to convince to buy a new product especially if there are other strong brands of the product. But you can still win. You need to consider using the following success tips

  • Find the right target audience: to succeed target the audience meant for your product
  • Teach them how your product works
  • Have a free sample even if it in smaller package let them have a firsthand feel of your product
  • Go on persuasive advertizing: persuade people to buy in a more subtle way
  • Start with a low pricing
What’s your thought?
For me, the most useful factor for a product to be sold is to upload them on the social media and pay for some ads to test the market. If it goes well, scale it bigger.
 

Mika

VIP Contributor
Giving free samples is one of the best ways to market a new product. When you give free samples, people will try it and if they like it they will buy the products. However, in order to generate sale sthrough this method, you need to make you product useful as well as low price. People do not try expensive products that has been recently introduced.
 

Augusta

VIP Contributor
Having a new product to sell is one of the hardest things to do, but if you know the right tips to you, you can be successful with it. It isn’t to easy to convince to buy a new product especially if there are other strong brands of the product. But you can still win. You need to consider using the following success tips

  • Find the right target audience: to succeed target the audience meant for your product
  • Teach them how your product works
  • Have a free sample even if it in smaller package let them have a firsthand feel of your product
  • Go on persuasive advertizing: persuade people to buy in a more subtle way
  • Start with a low pricing
What’s your thought?
 

sincerem

VIP Contributor
You are right it not only all about advertising but how it is done. One thing is getting your products before people anothing is how appealing are there to the public. So the description and the packaging of your product must be in syn to be able to gain that attraction you deserved.

Yes, what a business owner outlined about his products that's where the selling point starts. Customers always love appealing products, quality and affordable with better description what it can offer. When the description isn't well stated it won't entice the targeted customers, that's why adding a well written description is worthwhile.
 

Augusta

VIP Contributor
Social media site have seen lots of users in this modern day world, which has made it easier for entrepreneurs to advertise their products and get noticed by target audience. If we promote those products there, we need to write appealing description what the products is all about, which will entice the potential customers to have no option but to buy.
You are right it not only all about advertising but how it is done. One thing is getting your products before people anothing is how appealing are there to the public. So the description and the packaging of your product must be in syn to be able to gain that attraction you deserved
 

sincerem

VIP Contributor
Social media site have seen lots of users in this modern day world, which has made it easier for entrepreneurs to advertise their products and get noticed by target audience. If we promote those products there, we need to write appealing description what the products is all about, which will entice the potential customers to have no option but to buy.
 

Luc

New member
Having a new product to sell is one of the hardest things to do, but if you know the right tips to you, you can be successful with it. It isn’t to easy to convince to buy a new product especially if there are other strong brands of the product. But you can still win. You need to consider using the following success tips

  • Find the right target audience: to succeed target the audience meant for your product
  • Teach them how your product works
  • Have a free sample even if it in smaller package let them have a firsthand feel of your product
  • Go on persuasive advertizing: persuade people to buy in a more subtle way
  • Start with a low pricing
What’s your thought?
It’s a good idea to paid beatcoin
 

Sherman198

VIP Contributor
Marketing new products may be difficult but at the same time very easy of there was planning prior the setting of the business. A business owner must have done his survey to know that he needs to situate the business where it is mostly needed and among the right audience. If this has been done in the first instance, it will be easier marketing new products.
Seriously, some people make blatant mistake opening a business without having due knowledge of the business. And they forget that analysis and market surveys should be carried out before jumping into any business enterprise. And market survey has the most viable means to teleport any business to a great height. So sad people don't know much!
 

Chibson

VIP Contributor
Without marketing I don't think there is any way a business can succeed especially the new businesses. There are several ways in which new businesses can venture into marketing and start getting a lot of customers. One of the ways is to create a social media presence in the sense that you'll be telling people what your business has in store for them and how they can benefit by using such a product or hiring your services.
 
Top