The product launch timeline is an extremely important element of your overall product launch plan, as this makes good progress and concrete results in a tangible aspect of your product launch.
Product launch timelines can also be easily monitored, documented, and shared among other groups working on the project so that investors who anticipate a fair forward progress of events toward your ultimate goal can be confident that the organization is on track. Unfortunately, however, there are instances where the product launch timeline may become stretched beyond the planned or suggested time period, causing delays and added costs. Thus, it is vital for you to keep these three things in mind when making your product launch timeline.
In order to ensure that your product launch timeline doesn’t get too far out of hand, you need to sit down with your product launch planner or team of product developers and discuss what their preferred timeline would look like.
You will want to include some flexibility within that timeline, allowing your team to meet some of the timeline’s deadlines while also incorporating some spontaneous breaks into the launch campaign. It is always best to provide a product launch planner with some time to review and re-evaluate your preferred timeline, and the desired course of action for the rest of your team. By doing this, you will be able to make sure that everything is going according to plan and that there are no unexpected delays in the process.
One of the major causes of overly-stressed product launch timeline schedules is a lack of communication between the organization and its external partners.
Communication lines between you and the people who have a stake in your launches should always be open and flowing at all times, so that the entire launch process runs smoothly. This will cut down on the time it takes for the launches to get underway, saving you precious time that can be used on other projects, revisions, or focus areas of your business. A lack of communication between your organization and your outside partners can also lead to delays, which may result in lost revenue and publicity, amongst many other things. With this in mind, it is very important that you ensure that you and your partners are always communicating with each other, in order to keep on track and avoid delays in the launches.
Product launch managers must also take the time to ensure that all of their team members are involved in the process.
If your product launch timeline calls for frequent updates and information sharing from various teams, it is essential that you allow your team members the freedom to contribute to the process in any way they feel comfortable. This doesn’t mean that every meeting and discussion are a productive one, however. As long as you are providing feedback and receiving appropriate feedback from your outside partners and clients, everyone should be content with the way things are progressing.
The real key is making sure that all of your team members have a sense of involvement in the launch’s success and by being sure that everyone’s needs and desires are being met during the launch process. You may also want to assign individuals to specific teams in order to help them learn more about what is required from them, as well as gain more insight into how your organization works.
One of the most important elements to your product launch timeline is setting realistic goals.
Although there will probably be milestones throughout the launch, it is vital that you set reasonable goals that can be met. In addition to this, you should also try to set goals that do not require you to spend too much money, so that your organization does not put itself in a financial bind once the product has been released. After all, if you reach your set goals, you will feel more satisfied, which will generally lead to increased productivity, more satisfied team members, and a better-performed launch overall.
Of course, if you want to ensure that everyone involved has a sense of ownership for their part in the project, you may want to assign each team member a stake in the product launch timeline, which will allow them to feel a sense of ownership for their actions. If everyone knows what their role is, they will be more motivated to meet their deadlines, and it will generally encourage them to try harder. If everyone is working towards a common goal, the overall product delivery process will run smoothly, which means that you will have fewer things to worry about along the way.
Another important factor in any product launch timeline is sending out press releases and announcing important pre-launch events prior to the actual launch date.
This can help boost product awareness and get the information in front of the right media, which can ultimately lead to a successful launch. You may also want to send out post-launch announcements, either through a blog press release, or newsletter. These are all wonderful ways to further promote your product launches, since you are also able to provide valuable information to your team members about what to expect from the launch, as well as answer any questions they may have.
A product launch timeline can also include a good marketing plan.
Many times, depending on the nature of your product, you may not have the time or resources to create your own advertising campaign. In this case, you will want to consider partnering with a social media agency or two to help guide you in this direction. With the right company, you can gain access to the best in social media advertising, along with a professional team who can understand your goals and provide you with the key phrases you need to succeed.
You may also want to consider a combination of different solutions, such as creating an email list for your potential customers and then promoting those same customers on your product launch timeline via social media. The key is to create a comprehensive strategy that takes into consideration everything from email lists to social media to SEO to press releases.