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Boost Your Product Launch
                  With Influence Marketing




Copyright © 2013 Appinions. All rights reserved.   1
The problem with product launches is…



                                                   =

          Merely 2 out of 10 products
          launched in the U.S. succeed.
                                                   – Douglas Van Praet, Fast Company


Copyright © 2013 Appinions. All rights reserved.                                       2
The typical solution to product launches
is Mass Advertising




    However, only 18% of consumers believe ads -
      ads are better for awareness than credibility
Copyright © 2013 Appinions. All rights reserved.      3
Typical product launch marketing process


                  Pre-launch                               Launch               Post-launch

  •  Traditional media plan                        •  Traditional media   •  Measure impact
  •  Social media plan                             •  Social media        •  Sustain buzz and
  •  Outreach plan for                             •  PR and blogger         conversation
     press/bloggers                                   outreach            •  Testimonials & reviews
  •  Advance outreach                              •  Launch event        •  Case studies or
  •  Create brand assets                           •  In-store displays      success stories
     for launch (video,
     images, written
     content)
  •  Sales/partner training


Copyright © 2013 Appinions. All rights reserved.                                                      4
Product launches the old way aren’t working

•  The consumer marketplace is extremely           Purchase Decision
   crowded and noisy                               Sources

•  Consumers repeatedly buy the same               12
                                                               10.4
   items, and getting a foothold for a             10

   new item can be difficult
                                                   8                     Up from
•  Consumers rely on new media for new                                 5.3 sources
   product information far more than they          6     5.3             in 2010

   do on traditional media, which brands
                                                   4
   have less control over
•  Consumers need a greater number                 2

   of purchase decision sources now
                                                   0
   than ever before
                                                        2010   2011

Source: http://www.zeromomentoftruth.com/


Copyright © 2013 Appinions. All rights reserved.                                5
Influencers play a critical role in developing trust
in a brand…which can impact product launches




                     78% of people trust other people -
An even higher percentage trust credible influencers
         Our Trust eBook goes into great detail on how to capture consumer trust
                         via influencer marketing – check it out!

Copyright © 2013 Appinions. All rights reserved.                                   6
Influence marketing leverages relationships
to reach your target audience
           Traditional Marketing                                     Influence Marketing
         One-to-Many Marketing                                 vs.   3 rd Party Endorsement




            Product             Influencers         Customers



Copyright © 2013 Appinions. All rights reserved.                                              7
INFLUENCE MARKETING
      PROCESS FOR PRODUCT
      LAUNCH




Copyright © 2013 Appinions. All rights reserved.   8
Influence marketing is a new way to
launch products
                                                                  Focus              Exclusive
                                                                  groups             previews



                                                                             Pre-
                                                                            Launch
                                                                    R&D              Build pre-
                                                                   input/            buzz with
                                                                  testing            influencer
                                                                                        drip




                                                                         Continual                              Exclusive
                                                                                                               influencer
                         Expand
                        influencer                   Evaluate
                                                    reviews
                                                                         process of                            announce-
                          circles                                                                                ments
                                                                      identifying and
                                                                                                                               Influencers
                                                                       engaging with             Influencer-
                                                                                                    only
                                                                                                                                    tell
                                     Post-                              influencers               promotions
                                                                                                                                 product/
                                                                                                                                R&D story
                                    Launch                                                                     Launch
                          Measure
                         influencer                 Solicit case                                                              Executive
                          & overall                                                                   Launch                influencers
                                                     studies                                          events
                        reach/buzz                                                                                            in press




Copyright © 2013 Appinions. All rights reserved.                                                                                            9
Use these tips to develop effective influencer-
driven launch programs


1             Start early
              Brand opinion forms equity. Reach out to influencers before their
              opinions harden.




2             New products are influencer candy
              Feed them a lot of information. Use them as a research tool if
              possible to shape your marketing.




3             Surround the target
              With influencers from multiple topics. An electric car would have
              influencers on the electric car topic, but also sustainability,
              technology, global warming, Prius and other competitors, possibly
              Lexus and others. Don’t be one-dimensional.

Copyright © 2013 Appinions. All rights reserved.                                  10
There are a number of different types of
influencers you can engage with for your
product launch



                         Traditional & digital media                 Consumer influencers & tastemakers
                            (journalists, bloggers)                      (bloggers, top customers)




  Employees & executives                               Analysts & academics                     Politicians & government
                                                                                                    agency personnel


           You may need to engage with only some, or all, influencer types for your
             product launch, depending on the product type and launch phase

Copyright © 2013 Appinions. All rights reserved.                                                                       11
Every product launch is different

•  You must match product type and launch phase to
   influencer type
•  Following is a non-exhaustive selection of potential launch
   types, with sample influencer types and desired outcomes
   for each launch phase




Copyright © 2013 Appinions. All rights reserved.                 12
Launch Example: Tablet
•  Launch Type: Launching a new product for a brand (in
   same industry sector)
•  Product Examples: Tablet (for computer manufacturer)


 Launch Phase           Influencer Type(s)                    Desired Outcomes

 Pre-launch             •  Consumer influencers               •  Provide endorsement which lessens risk to other
                           & tastemakers                        consumers

 Launch                 •  Traditional & digital media       •  Spread launch information rapidly


 Post-launch            •  Consumer influencers               •  Product feedback to inform customer service, support,
                           & tastemakers                        ongoing marketing, and future versions of the product

•  Potential influencer activations:
        –  Build dream focus group composed of influential amplifiers to test product proposition and early designs
        –  Solicit pre-launch press coverage from the most influential sources
        –  Optimize traditional media plan with focus on most influential outlets
        –  Activate influencers in primary launch markets to support local events
        –  Solicit product reviews on most influential review sites from influence clusters
        –  Engage digital influencers to create lifestyle content around the product and brand (blogs, video, images)

Copyright © 2013 Appinions. All rights reserved.                                                                        13
Launch Example: Movie Sequel
•  Launch Type: Launching a line extension, or second
   generation of a product
•  Product Examples: Movie sequel


 Launch Phase           Influencer Type(s)                    Desired Outcomes

 Pre-launch             •  Key consumer influencers           •  Key consumer influencers from initial launch
                           from initial launch               •  Buzz building amongst target audience

 Launch                 •  Traditional & digital media       •  Validation of the extension or new version
                        •  Consumer influencers &             •  Value/use cases for extension or new version
                           tastemakers



•  Potential influencer activations:
        –  Screen rough cut with focus group of influencers for expert feedback
           to inform marketing efforts
        –  Determine online media spend reflecting influential online outlets in topic areas
        –  Invite influencers to local screenings for amplification of launch weekend
        –  Provide social engagement opportunities, including hashtag and sharable content



Copyright © 2013 Appinions. All rights reserved.                                                               14
Launch Example: Social Network
•  Launch Type: Launching into a new marketplace                                                                     NEW
•  Product Examples: New social network
                                                                                                                     APP
     Launch Phase       Influencer Type(s)                         Desired Outcomes

     Pre-launch         •  Consumer influencers & tastemakers      •  Viral pass-along amongst desired target market
                        •  Employees & executives                 •  Validate rationale for market entry and provide
                                                                     differentiation points to consumers and media
                        •  Traditional & digital media
                                                                  •  Validate product with trusted authority story(ies)

     Launch             •  Consumer influencers & tastemakers      •  Amplify launch amongst desired target market
                        •  Traditional & digital media            •  Spread news of launch as broadly as possible

     Post-launch        •  Employees & executives                 •  Validate launch with growth and engagement information
                        •  Traditional & digital media            •  Continue news of product momentum


•      Potential influencer activations:
          –  Exclusive story to traditional or digital media influencer
          –  Pre-launch benefits for influencers: invitations, early access, launch events
          –  Provide social engagement and viral pass-along opportunities


Copyright © 2013 Appinions. All rights reserved.                                                                              15
Launch Example: Consumer Pharmaceuticals
•  Launch Type: Launching within a government-regulated
   product category
•  Product Examples: New drug


 Launch Phase           Influencer Type(s)                   Desired Outcomes

 Pre-launch             •  Analysts & academics             •  Statements on product validity or effectiveness
                        •  Government agency personnel

 Launch                 •  Employees & executives           •  Statements for media
                        •  Traditional & digital media      •  Coverage of product launch



•  Potential influencer activations:
        –  Engage academics or industry analysts as spokespeople
        –  Provide executives for media coverage




Copyright © 2013 Appinions. All rights reserved.                                                                 16
Other types of product launches
•  Launch Type: Launching highly complex products for
   general consumers

 Launch Phase           Influencer Type(s)                Desired Outcomes

 Launch                 •  Traditional & digital media   •  Provide tutorials or ease-of-use statements
                        •  Consumer influencers &
                           tastemakers


•  Launch Type: Highly competitive, closely-watched product
   categories (electronics, digital products, entertainment)

  Launch Phase          Influencer Type(s)                Desired Outcomes

  Pre-launch            •  Employees/executives          •  Provide guidance on product strategy, rollout plans;
                                                            validating new marketplace


  Launch                •  Traditional & digital media   •  Validate product features & functionality and lessen risk to
                        •  Consumer influencers &            consumers
                           tastemakers

  Post-launch           •  Employees/executives          •  Provide product launch results and future plans




Copyright © 2013 Appinions. All rights reserved.                                                                           17
Enjoyed this eBook? Spread the word!


                                                   Share this ebook




Copyright © 2013 Appinions. All rights reserved.                      18

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Boost Your Product Launch With Influence Marketing {eBook}

  • 1. Boost Your Product Launch With Influence Marketing Copyright © 2013 Appinions. All rights reserved. 1
  • 2. The problem with product launches is… = Merely 2 out of 10 products launched in the U.S. succeed. – Douglas Van Praet, Fast Company Copyright © 2013 Appinions. All rights reserved. 2
  • 3. The typical solution to product launches is Mass Advertising However, only 18% of consumers believe ads - ads are better for awareness than credibility Copyright © 2013 Appinions. All rights reserved. 3
  • 4. Typical product launch marketing process Pre-launch Launch Post-launch •  Traditional media plan •  Traditional media •  Measure impact •  Social media plan •  Social media •  Sustain buzz and •  Outreach plan for •  PR and blogger conversation press/bloggers outreach •  Testimonials & reviews •  Advance outreach •  Launch event •  Case studies or •  Create brand assets •  In-store displays success stories for launch (video, images, written content) •  Sales/partner training Copyright © 2013 Appinions. All rights reserved. 4
  • 5. Product launches the old way aren’t working •  The consumer marketplace is extremely Purchase Decision crowded and noisy Sources •  Consumers repeatedly buy the same 12 10.4 items, and getting a foothold for a 10 new item can be difficult 8 Up from •  Consumers rely on new media for new 5.3 sources product information far more than they 6 5.3 in 2010 do on traditional media, which brands 4 have less control over •  Consumers need a greater number 2 of purchase decision sources now 0 than ever before 2010 2011 Source: http://www.zeromomentoftruth.com/ Copyright © 2013 Appinions. All rights reserved. 5
  • 6. Influencers play a critical role in developing trust in a brand…which can impact product launches 78% of people trust other people - An even higher percentage trust credible influencers Our Trust eBook goes into great detail on how to capture consumer trust via influencer marketing – check it out! Copyright © 2013 Appinions. All rights reserved. 6
  • 7. Influence marketing leverages relationships to reach your target audience Traditional Marketing Influence Marketing One-to-Many Marketing vs. 3 rd Party Endorsement Product Influencers Customers Copyright © 2013 Appinions. All rights reserved. 7
  • 8. INFLUENCE MARKETING PROCESS FOR PRODUCT LAUNCH Copyright © 2013 Appinions. All rights reserved. 8
  • 9. Influence marketing is a new way to launch products Focus Exclusive groups previews Pre- Launch R&D Build pre- input/ buzz with testing influencer drip Continual Exclusive influencer Expand influencer Evaluate reviews process of announce- circles ments identifying and Influencers engaging with Influencer- only tell Post- influencers promotions product/ R&D story Launch Launch Measure influencer Solicit case Executive & overall Launch influencers studies events reach/buzz in press Copyright © 2013 Appinions. All rights reserved. 9
  • 10. Use these tips to develop effective influencer- driven launch programs 1 Start early Brand opinion forms equity. Reach out to influencers before their opinions harden. 2 New products are influencer candy Feed them a lot of information. Use them as a research tool if possible to shape your marketing. 3 Surround the target With influencers from multiple topics. An electric car would have influencers on the electric car topic, but also sustainability, technology, global warming, Prius and other competitors, possibly Lexus and others. Don’t be one-dimensional. Copyright © 2013 Appinions. All rights reserved. 10
  • 11. There are a number of different types of influencers you can engage with for your product launch Traditional & digital media Consumer influencers & tastemakers (journalists, bloggers) (bloggers, top customers) Employees & executives Analysts & academics Politicians & government agency personnel You may need to engage with only some, or all, influencer types for your product launch, depending on the product type and launch phase Copyright © 2013 Appinions. All rights reserved. 11
  • 12. Every product launch is different •  You must match product type and launch phase to influencer type •  Following is a non-exhaustive selection of potential launch types, with sample influencer types and desired outcomes for each launch phase Copyright © 2013 Appinions. All rights reserved. 12
  • 13. Launch Example: Tablet •  Launch Type: Launching a new product for a brand (in same industry sector) •  Product Examples: Tablet (for computer manufacturer) Launch Phase Influencer Type(s) Desired Outcomes Pre-launch •  Consumer influencers •  Provide endorsement which lessens risk to other & tastemakers consumers Launch •  Traditional & digital media •  Spread launch information rapidly Post-launch •  Consumer influencers •  Product feedback to inform customer service, support, & tastemakers ongoing marketing, and future versions of the product •  Potential influencer activations: –  Build dream focus group composed of influential amplifiers to test product proposition and early designs –  Solicit pre-launch press coverage from the most influential sources –  Optimize traditional media plan with focus on most influential outlets –  Activate influencers in primary launch markets to support local events –  Solicit product reviews on most influential review sites from influence clusters –  Engage digital influencers to create lifestyle content around the product and brand (blogs, video, images) Copyright © 2013 Appinions. All rights reserved. 13
  • 14. Launch Example: Movie Sequel •  Launch Type: Launching a line extension, or second generation of a product •  Product Examples: Movie sequel Launch Phase Influencer Type(s) Desired Outcomes Pre-launch •  Key consumer influencers •  Key consumer influencers from initial launch from initial launch •  Buzz building amongst target audience Launch •  Traditional & digital media •  Validation of the extension or new version •  Consumer influencers & •  Value/use cases for extension or new version tastemakers •  Potential influencer activations: –  Screen rough cut with focus group of influencers for expert feedback to inform marketing efforts –  Determine online media spend reflecting influential online outlets in topic areas –  Invite influencers to local screenings for amplification of launch weekend –  Provide social engagement opportunities, including hashtag and sharable content Copyright © 2013 Appinions. All rights reserved. 14
  • 15. Launch Example: Social Network •  Launch Type: Launching into a new marketplace NEW •  Product Examples: New social network APP Launch Phase Influencer Type(s) Desired Outcomes Pre-launch •  Consumer influencers & tastemakers •  Viral pass-along amongst desired target market •  Employees & executives •  Validate rationale for market entry and provide differentiation points to consumers and media •  Traditional & digital media •  Validate product with trusted authority story(ies) Launch •  Consumer influencers & tastemakers •  Amplify launch amongst desired target market •  Traditional & digital media •  Spread news of launch as broadly as possible Post-launch •  Employees & executives •  Validate launch with growth and engagement information •  Traditional & digital media •  Continue news of product momentum •  Potential influencer activations: –  Exclusive story to traditional or digital media influencer –  Pre-launch benefits for influencers: invitations, early access, launch events –  Provide social engagement and viral pass-along opportunities Copyright © 2013 Appinions. All rights reserved. 15
  • 16. Launch Example: Consumer Pharmaceuticals •  Launch Type: Launching within a government-regulated product category •  Product Examples: New drug Launch Phase Influencer Type(s) Desired Outcomes Pre-launch •  Analysts & academics •  Statements on product validity or effectiveness •  Government agency personnel Launch •  Employees & executives •  Statements for media •  Traditional & digital media •  Coverage of product launch •  Potential influencer activations: –  Engage academics or industry analysts as spokespeople –  Provide executives for media coverage Copyright © 2013 Appinions. All rights reserved. 16
  • 17. Other types of product launches •  Launch Type: Launching highly complex products for general consumers Launch Phase Influencer Type(s) Desired Outcomes Launch •  Traditional & digital media •  Provide tutorials or ease-of-use statements •  Consumer influencers & tastemakers •  Launch Type: Highly competitive, closely-watched product categories (electronics, digital products, entertainment) Launch Phase Influencer Type(s) Desired Outcomes Pre-launch •  Employees/executives •  Provide guidance on product strategy, rollout plans; validating new marketplace Launch •  Traditional & digital media •  Validate product features & functionality and lessen risk to •  Consumer influencers & consumers tastemakers Post-launch •  Employees/executives •  Provide product launch results and future plans Copyright © 2013 Appinions. All rights reserved. 17
  • 18. Enjoyed this eBook? Spread the word! Share this ebook Copyright © 2013 Appinions. All rights reserved. 18