Setting Sales Strategies for a New Product Launch
Setting Sales Strategies For a New Product Launch TABLE OF CONTENT Introduction Survey Sales Strategies for New Product Launch To Conclude Introduction Survey Sales Strategies for New Product Launch To Conclude Ensure your new product launch reaches the right audience Get the right database Introduction According to a study released by the Marketing Research Association, only 40% of newly developed products/services make it to the market. Out of that 40%, only 24% of them will generate any revenue. Furthermore, 95% of all new products/services launched in the market each year fail. Let those facts sink in for a minute! Companies, both big and small-scale, launch new products frequently. They invest a great deal of time and money to introduce their product to the market. Very few can say that their product became a success. The reason? Turns out, the sales strategies by which they went about launching their product was…