Have you sinned? No, we don’t mean to probe into your personal life, but rather your professional life. Have you recently launched a product or solution and committed the sins that a majority of businesses do?
So, you launched your awesome product. 🎉 Champagne popped, confetti rained down, and maybe even a small victory dance occurred. Now what?
Many startups, especially those with limited budgets, stumble after the initial launch euphoria.
So how to avoid neglecting marketing after product launch? Fear not, fellow entrepreneurs! You don’t need a massive marketing team to succeed. But you do need to avoid these 7 deadly sins that can derail your post-launch momentum:
1. The Sin of Neglect
- The Issue: You launched, declared victory, and promptly forgot about marketing.
- The Impact: Your amazing product withers on the vine, forgotten by the world.
- Avoidance: Schedule regular marketing activities, even if they’re small. Think weekly social media posts, email newsletters, or even a simple blog post.
2. The Sin of Vanity Metrics
- The Issue: You obsess over likes, followers, and website traffic, but ignore actual sales.
- The Impact: You waste time chasing vanity metrics instead of focusing on what truly matters: customer acquisition.
- Avoidance: Track key performance indicators (KPIs) like customer acquisition cost (CAC), customer lifetime value (CLTV), and conversion rates. Tools like Google Analytics can be your best friend.
3. The Sin of Monotony
- The Issue: You keep repeating the same marketing messages.
- The Impact: Your audience gets bored, and your message loses its impact.
- Avoidance: Experiment with different marketing channels and messaging. Try running targeted ads, creating engaging video content, or partnering with influencers.
4. The Sin of Impatience
- The Issue: You expect overnight success.
- The Impact: You get discouraged and give up too easily.
- Avoidance: Rome wasn’t built in a day! Marketing takes time. Set realistic goals and track your progress over time. Celebrate small wins along the way.
5. The Sin of Ignoring Customer Feedback
- The Issue: You’re too busy patting yourself on the back to listen to what your customers are saying.
- The Impact: You miss opportunities to improve your product and address customer pain points.
- Avoidance: Actively seek customer feedback through surveys, reviews, and social media monitoring.
6. The Sin of Underestimating Competition
- The Issue: You focus solely on your product and ignore what your competitors are doing.
- The Impact: You get blindsided by competitor moves and lose market share.
- Avoidance: Keep an eye on your competitors’ activities. What are they doing well? What are their weaknesses?
7. The Sin of Overspending (or Underfunding)
- The Issue: You either waste money on ineffective marketing tactics or don’t invest enough to make a real impact.
- The Impact: You either lose money or fail to reach your target audience.
- Avoidance: Create a realistic marketing budget and prioritize the most effective channels. Consider cost-effective options like content marketing, social media marketing, and email marketing.
Need Help Avoiding These Sins?
Our service “Plug” can help you navigate the post-launch landscape with confidence. We offer tailored marketing plans that are both effective and affordable, helping you achieve your marketing goals in the immediate post-launch period, without breaking the bank.
Let’s ditch the deadly sins and build a thriving business together!
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