Launching a New Product for Small Businesses

What You Need to Know

Exposure Group, Benjamin Feltham

There are few things in business more exciting than coming up with an amazing idea for a new product. If you believe your idea is not only doable but something that customers will truly love, it’s hard not to get carried away with thoughts of massive sales and business success. However, there's much more to successfully launching a product than having that initial idea.

Real success comes from preparation, strategy, and creative marketing.

Once that first idea pops into your head, you have to nurture it and give it the support it needs to thrive. This takes preparation, hard work, and creative branding strategies. And while the product itself is the focus, the behind-the-scenes planning is equally important. In this process, your team will include product engineers, marketers, salespeople, and graphic designers. Having strong marketing materials plays a key role in your product’s success, and good design is often the first impression your customers will have.

Developing Your Product the Right Way

It’s easy to get excited about a new idea, but an idea is just the beginning. Before you consider your product a success, there’s plenty of work to do in terms of research, planning, and development.

According to the Department of Industry, Innovation and Science, here are a few steps to take:

  • Research and Plan: Thoroughly research your market, product features, and target audience. Having a clear plan in place helps ensure you're building a product that fits market needs and can be successfully marketed and sold.

  • Prototype: Building your first product prototype is a crucial step. It's important not to rush through it. Be ready to test, iterate, and improve. This is a part of the creative process that requires patience and effort.

  • Testing & Refining: Once the prototype is built, run tests, gather feedback, and refine the product. Ensuring that your product works perfectly before the big reveal is key.

  • Marketing: After perfecting your product, start marketing it to your audience. Craft clear, targeted messages that highlight why your new product is exactly what they need.

Unveiling Your Product to the World

Launching a new product can be a bit trickier for smaller businesses. Unlike Apple with its iconic iPhone launch, smaller businesses don’t often have customers lining up months in advance. That means you’ll have to put in more effort to build momentum and generate excitement.

Small businesses need to work harder to generate buzz.

Fast Company suggests that smaller businesses should take a gradual approach to the launch. Rather than focusing on a single “big bang” release date, build anticipation over time. This could mean sharing teasers on social media, releasing sneak peeks, and providing updates in customer communications. Think of it as a rolling launch where the excitement builds continuously.

What you need to create anticipation is a solid marketing strategy that gradually raises awareness.

Support from Exposure Group’s Design Team

In order to keep the buzz alive, a critical element of any product launch is great design. Without compelling visuals, your product might not get the attention it deserves. Your marketing materials need to align with your brand and effectively convey your product's value. Everything from colors, fonts, and images to the overall tone of your marketing will have an impact on your product’s success.

At Exposure Group, we have extensive experience designing everything from trade show displays to simple marketing collateral such as brochures, pamphlets, and posters. Our team of in-house designers can help ensure that your brand message is visually appealing and resonates with your audience.

Whether it's promotional materials, product packaging, or a trade show booth, we’re here to help you make a lasting impression.

Contact us today to discuss how we can assist in launching your new product with a professional marketing approach that will make all the difference.