Marketing a new product


Small businesses have to be creative when it comes to spreading the word about a new product or service.

It can be frustrating launching a new product because it often feels like no-one is listening. You may genuinely believe that you have created something that there is a market for, but simply cannot reach the people who would be interested in it.

First make sure your new product is completely ready before you start marketing it. Don’t promise things that you are unable to provide. If you still have glitches to work out, ensure they are sorted before you go to market.

It is worthwhile to pay for professional photos to use in your promotional material. You could probably take decent pictures by yourself, but an expert could make your product look spectacular. Print high quality business cards and brochures and remember to hand them out at every opportunity.

Pricing is an extremely important aspect of your promotion. You need to consult with distributors and manufacturers to get a completely accurate set of costs. Knowing costs will allow you to determine how much profit you will make. The sale price of your product will also be affected by what market you are targeting and whether or not it is a luxury item.

Finally, your website is of course vital to the success of your product. It serves as both a promotional tool and point of sale for your business.

For a hosted website that will make you stand out from the crowd try WinWeb’s Business Website or speak to one of our Specialists today.

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