2016-12-11 00:00:00 Growing a Business English Learn the steps to launching a product quickly. Lock down your business name and set up your social media profiles to begin marketing your... https://d1bkf7psx818ah.cloudfront.net/wp-content/uploads/2017/03/08214629/botique-retailers-prepare-for-new-product-launch.jpg How to Jumpstart Your New Product Launch

How to Jumpstart Your New Product Launch

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Sometimes you need to launch a product quickly to capitalize on a trend. Follow these steps to launch your new product quickly and effectively.1. Give your product a catchy name.2. Buy a website domain name for the product and set up social media profiles on your platforms of choice.3. Find a manufacturer who can deliver a quality product quickly. You may need to set up interviews with at least three manufacturers to get the best quality, price, and payment terms.4. Hire a freelance graphic designer or use a logo design tool to create a simple logo design. Put a rush on your packaging and label orders.5. Launch your website, and start marketing your product through social media. You don’t need to have the product in stock to create buzz.6. Set a reasonable advertising budget. Avoid overspending on advertising so you can make a profit.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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