Announcement Position (Or Content): - PowerPoint PPT Presentation

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Announcement Position (Or Content):

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... (e.g. the launch of a product family). ... based on number of ocurrences in 201 new-product ... easy to understand * Check fit * Believable * Sustainable ... – PowerPoint PPT presentation

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Title: Announcement Position (Or Content):


1
Announcement Position (Or Content)
  • Some Guidelines
  • Worded in terms of customer benefits
  • Defines value(s)
  • Simple, easy to understand
  • Check fit
  • Supports others products
  • Coexist with other products
  • Conflicts with other products
  • Supports corporate position/direction

2
Some observations
  • New product announcement is a process where
    management of expectations is an important
    component.
  • An appropriate process might reduce buyers risk
    perceptions (e.g. the launch of a product
    family).
  • The announcement should address issues important
    to the customer with the respect to product
    advantages, benefits, edge and intangibles as
    related to attributes such as price, quality,
    service, technology, and corporate image.
  • In general, the announcement process is both a
    communication and a marketing intelligence tool.

3
The Hype Hit Parade
High-tech PRs most overused words, based on
number of ocurrences in 201 new-product press
releases
1 Leading 88
2 Enhanced 47
3 Unique 35
4 Significant 30
5 Solution 23
6 Integrated 23
7 Powerful 20
8 Innovated 18
9 Advanced 17
10 High-Performance 17
11 Sophisticated 17
4
ANNOUNCEMENT POSITION(OR CONTENT)
  • Some Guidelines
  • Worded in terms of customer benefits
  • Define values (s)
  • Simple, easy to understand
  • Check fit
  • Believable
  • Sustainable
  • - Supports other products
  • - Coexist with other products
  • - Conflicts with other products
  • - Supports corporate position/direction

5
Informal
Strategic Planning
Routine
With Hype
PRODUCT UNVEILING
Formal Announcement
Tactical Addition to Portfolio/Line Extension
6
THE HYPE HIT PARADE
  • High-tech PRs most overused words, based on
    number of occurrences in 201 new-product press
    releases
  • 1 Leading 88
  • 2 Enhanced 47
  • 3 Unique 35
  • 4 Significant 30
  • 5 Solution 23

7
  • 6 Integrated 23
  • 7 Powerful 20
  • 8 Innovated 18
  • 9 Advanced 17
  • 10 High-Performance 17
  • 11 Sophisticated 17

8
PRODUCT LAUNCH MANAGEMENT
  • A well-ordered way to manage the product
    introduction phase
  • Marketing-driven discipline focused on meeting
    business objectives
  • More than event and collaterals management
  • Team effort inter organizational consensus is
    key
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