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What are the most common mistakes to avoid when launching a new product?
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Hello Hussam! I think these common mistakes must be avoided while launching a product:
1. Lack of Market Research: Understand your target market and competitors thoroughly.
2. Ignoring Customer Feedback: Actively gather and implement customer insights.
3. Poor Timing: Ensure you launch when the market is ready and your product is fully prepared.
4. Inadequate Marketing: Develop a robust marketing strategy to create awareness.
5. Weak Value Proposition: Clearly articulate the unique benefits of your product.
If you don’t already have a community before launching, it’s going to be incredibly hard. So don't launch until you have a small following.
We've compiled more tips here: https://learningloop.notion.site...
@sahilypatel You are right. It is very importnat.
Have you gathered any useful tips on how to build a good community? I would love to know
One common mistake to avoid when launching a new product is not understanding your target audience. Make sure you know who you're creating for and what they really need.
Underestimating marketing impact and misevaluate what are your best actions (but using mayze.io can solve this)
Dont focus on votes only. Always look for the feedback so you can improve your product.
Singing songs about the product and its features.
It's like saying Netflix allows you to watch movies you love rather than saying Netflix brings 'movies' to you.
No prep.
Marketing is equally important as building product. Easy to forget when you are early.
Not testing the product thoroughly before launch can lead to issues. You don’t want to release something that’s buggy
Launching without a pre-launch strategy executed well.
I think that is one of the major reasons why most products fail to grab the interest of the right audience.
Jupitrr