The most important aspect of strategy in promoting the product is its launch. So many examples explain how a perfect product launch results to a product success in the market. Thus, how a product is launched plays an important role in the how much success a product is in the market.
Following are the ways by which you can earn more money by launching a product-
1. Right timing: One should always launch a product when the user is in desperate need of the product and is ready to shed any amount to use it. For this an advance planning has to be done and the launching decision should completely depend on economical, social and environmental conditions.
2. Attach credibility: To enhance credibility to your product always add good icons at the launch of your product. For example any product which BILL GATES launch is a huge success initially but it might fail later on its own basis.
3. Use internet: Use internet to promote your product by giving the products information on as many websites as possible. At the launch of the product also promote your products site and blogs so that the production information is available to the everyone.
4. Host a contest: At the launch of a product you can also attach a contest to promote and advertise your product. It will attract more and more people to your product and help you to make a brand.