2016-06-14

On February 23, Foundr announced that we were launching the latest version of our Instagram online course. This was, and still is, a huge deal for us, because it was the first time we had ever attempted to do such a large-scale product launch.

By large scale, I mean our goals were to reach $1 million in sales, gain more than 1,000 new students, and dramatically raise awareness of our brand. We’d had steady success and growth with the company and our product offerings, but these were some huge goals for us.

From the months of hard work preparing, up to now, we’ve learned dozens of invaluable lessons on how to launch a product. And since our mission is to offer the best information on entrepreneurship to our audience, we decided to go ahead and document them all here for the Foundr community.

Because here’s the thing about doing a successful product launch, regardless of whether you’re launching a startup, a physical item, or a SaaS: It needs to be a well-oiled machine. There are dozens of moving cogs that all need to work together in harmony if you want to hit the goals you’ve set for yourself.

So we figured the best way to help our community learn from our own process is to just lay it all out there for you—the tools, the tech, the timing, the publicity—all the parts that make up the whole package.

This is a truckload of information, but we think it provides everything you need to determine if you have a well-oiled machine on your hands, or if you need to take it back to the shop. Feel free to scan the contents for whatever piece you need, or heck, use our whole approach from start-to-finish.

Either way, we hope you’ll buckle in and enjoy Foundr’s complete breakdown on how to do a successful product launch.

Table of Contents

Getting help with our product launch

Anatomy of a launch

Are you ready for a product launch?

Scrum

The Story

The Launch Sequence

Generating Hype

Emails

Sideways Sales Letter

Bonus: Our Sideways Sales Letter

Affiliates

Facebook Advertising

Onboarding

Tech and Tools

Conclusion

Getting help with our own product launch

One thing that became very apparent to us when we began our product launch was that it was going to take a lot of work. Firing off a couple of emails, opening the cart and then playing the waiting game just wasn’t going to cut it.



Now, we play the waiting game. Ahh, the waiting game sucks. Let’s play Hungry Hungry Hippos! – Homer Simpson

Before our launch of Instagram Domination 2.0, Foundr had done a couple of smaller scale launches, but nothing as ambitious as this.

We needed to start somewhere, and that somewhere began with Jeff Walker’s Product Launch Formula. We also brought internet marketing legend Ed Dale and his team on as consultants to help guide us through the whole launch process.

Using the Jeff Walker formula as a template, we got to work putting together all the pieces. From figuring out the right videos to use to the best way to use our email list, it soon became apparent that it was going to take months of preparation.

A key feature of the Jeff Walker approach is the concept of constantly providing valuable information and content to your audience at all times, something that matches very well with Foundr’s own ethos. The goal of the product launch isn’t necessarily to make sales, but to develop a long-lasting relationship with the customer.

By continuously providing that valuable information to your audience, you’re building a level of trust and loyalty that can’t possibly be gained by just throwing promotion after promotion at your audience.

Another big thing we learned early on is that a product launch should never be treated as a singular event. If anything, it’s the starting point for a whole new journey your business could be taking, depending on how it goes.



A product launch is much more than just announcing to the world that you’re selling something new. In fact, a well-executed product launch could drastically increase the exposure and awareness of your brand. It can lead to more sales, more customers, and a much stronger bottom line for your business in the long run.

The launch itself wasn’t going to be the endpoint of months of hard work. In actuality, all the months of hard work were to prepare us to start the next chapter of Foundr’s story.

Anatomy of a launch

By definition a product launch is when a company launches, or in our case re-launches, a product into the market. It sounds fairly simple right?



This was basically my face throughout the entire launch

Done right, however, there are many steps that go into creating a successful product launch. In our experience, there are five distinct phases:

1. Product development: This is when you make sure that you have a great product in the first place. For all I can write on how to do a product launch, which is quite a bit, it won’t matter unless you have something worth launching.

2. Planning: When you put together your product launch team and figure out the essentials and how it is you’re going to move forward. This includes working out details like what your story is going to look like and what the launch sequence is going to be.

This can take months before everyone fully agrees on what the right steps are and how to proceed. We saved ourselves a lot of time in the planning process by using the Jeff Walker approach. This is possibly the most important phase of any product launch, since how well you prepare and plan greatly determines how your launch is going to go.

3. Pre-Launch: The third phase of a launch is when you begin putting all your planning into action. This is when you need to start thinking about generating hype and as many warm leads as possible. That means everything from bolstering your email list and creating launch-related content to reaching out to influencers to work with. Your pre-launch period starts from when you first start putting it all together to your actual launch date, meaning that this phase can take anywhere from a month to well over a year depending on how big you want your launch to be.

4. Launch: Crunch time. When everything finally comes together and all your months of planning and preparation finally come together. This is usually a period that doesn’t go on any longer than a week or so where you really push your live product as much as possible.

This phase includes activities like Facebook campaigns and making sure that you have proper onboarding practices. Some startups skip straight to this phase when they do their first product launch, only to realize that there is a lot of work they should have done ahead of time. Don’t make that mistake.

5. Review: The final phase is sometimes known as the post-mortem, depending on how morbid you’re feeling. When the dust has settled and everything is done, take stock of what went great and what could have gone better, so next time you can do an even more epic product launch!

Are you ready for a product launch?

First of all, thanks in advance for taking the time to read this section.

I know that a lot of entrepreneurs will tend to skip the introduction and earlier sections like this to “get to the good stuff.” But this first step is important. There are so many reasons why product launches fail, in fact it’s been reported that some 70% fail within the first year.

Sure there are many advantages to doing a launch, but many entrepreneurs overlook the huge investment needed to pull it off.

Startups will pour huge amounts of time, energy, and resources into a product launch that was doomed to fail from the start, for reasons ranging from lacking a defined market, to the company being unable to handle the sudden rapid growth.

The majority of these problems could be avoided before you even begin preparing for the launch, all by simply asking yourself, “Is this even worth it?”

Even Jeff Walker, the man behind the product launch formula, advises startups to be patient and cautious.

“I think a big part of it is the ability to delay gratification—being willing to put in the work now, knowing it’s not going to pay off for three months or six months or two years,” he says.

So instead of running in half-cocked, here are three very simple questions you should ask yourself before you start attempting to launch a product.

Do I have a validated product?

One of the most common pitfalls of a product launch is releasing a product that nobody actually wanted in the first place.

Do you remember the Segway? Otherwise known as one of, if not the, greatest product launch failure of the 2000s? You probably don’t see them much outside of sightseeing groups and cameos in fantastic movies like Paul Blart: Mall Cop and its sequel Paul Blart: Mall Cop 2.

Truly achieving heights no other startup or entrepreneur ever dreamed of

But if you were around 15 years ago, you’d remember the hype. Influencers like Steve Jobs and Jeff Bezos couldn’t stop talking about it, and the secrecy around what it was fueled bold and outrageous claims in the media. No one knew what it was, but we were assured it would change the way we lived.

Then it was unveiled to the world.

After a moment of flabbergasted silence, the whole world simultaneously shrugged, and then awkwardly avoided the gaze of everyone else as they shuffled on back home.

A victim of it’s own hype, the Segway could not live up to the massive expectation it has placed upon itself. It marketed itself as a general all-purpose product despite the fact that, outside of a few very niche areas, no one actually wanted it.

The product wasn’t validated, at least not by the audience they were after. Sure Jobs and Bezos loved it, but if they’re not your target customer, their approval doesn’t actually count for all that much.

Before you launch any product, make sure that you have a good product, with a market that actually wants it, first and foremost.

Can my business support the sudden growth?

Another big pitfall is failing to prepare for the sudden surge in growth you’ll face if things go well. I know what you’re thinking, “How can growth be a bad thing?”

You’re right, suddenly finding yourself at the start of hockey stick growth is usually a good thing. But only if you’re prepared for it.

Think of it like this. Could you run a full marathon right now without any training? With all due respect to the fitness of our readers, I’m going to assume that most of you said “no.”

A startup’s growth is the same thing. When your business grows, you will encounter problems that you may never have thought about before adding this whole new layer of stress onto yourself and your company.

Too many businesses make the mistake of thinking that everything will stay the same after a product launch. That they’ll be able to reap all the benefits and rewards without having to change how their business functions.

Mo’ money mo’ problems

You must take the time to do some strategic planning about your future. Think of it like this:

“If my business gets to X, what will I have to change to accommodate it?”

For example:

“If my business gets 500 new orders per day, what will I have to change to accommodate it?”

You’ll actually force yourself to think about the problems your sudden growth will bring and the changes you’ll need to make to prepare for it. Don’t get stuck playing catch-up.

Is my marketing up to scratch?

One of the worst things that can happen to a product launch is getting everything right, only to stumble at the finish line. It doesn’t matter how fantastic your product may be, if no one even knows it exists you’re not going to be selling anything.

We call that a “build it and they will come” mindset, and it is bad news.

When I talk about marketing what I’m talking about is how well you’re able to generate interest and hype into your product before it even launches. Where product launches often stumble is the fact that they haven’t bothered to set up the proper channels to get their message out there. Or they simply rush through the planning phase fail to come up with the right story or marketing message.

A great example of this would be the Google Glass. A truly revolutionary device with loads of applications and features but, in the end, their launch flopped hard. When you take a look at it Google Glass did pretty much did everything right, they got their product into the hands of the right influencers and they treated their launch like an event.

But where they stumbled was that, while it was the device that sci-fi lovers had dreamed about for years, the general consumer had no idea what to do with it.

Sure there were loads of ads and tech reviews explaining the features and how revolutionary it was. But what they failed to do was to hone in on was one of the most basic lessons in marketing: solve a customer’s problem.

People just didn’t know what to do with the Google Glass even if they had it, for all of its features no one knew why they would need it in the first place. It didn’t solve any problems or issues that anyone had at the time so in the end it was quietly shelved until relaunch.

When you’re developing a product it’s easy can get caught up in how amazing or innovative it is, and it very well could be. After all you’re the developer, you know exactly what it’s all about. But unless you can articulate that to your audience, they’re not going understand what you think is inherently obvious.

So take a step back and look at your product with fresh eyes. Now take a look at your marketing and ask yourself who you’re selling to.

Are you selling to you? Or are you selling to your customer?

Scrum

You might be surprised to learn this but the Foundr team actually isn’t that big. In fact, not including the affiliates and contractors we worked with, there were only four people in the product launch core team when we first began preparing for the launch. There was our growth manager Dave, Nathan, Ed Dale, and myself.

Look at us…all full of hope in the beginning…

During a product launch, there are so many steps that need to happen efficiently, in the right order, and with precision. Especially when you’re working with limited resources, it’s crucial to make sure all of those steps are happening, and that you aren’t duplicating any efforts.

To keep everything in order, we adopted the Scrum approach to project management. It’s a system that we’re pretty familiar with; in fact, we use a Scrum-Kanban hybrid everyday for our blog’s editorial process.

Although for the product launch, we leaned more toward Scrum than Kanban, because we were looking to complete a single project with a definite start and finish, as opposed to having an ongoing process.

As you can see, we used the standard three columns of backlog, in progress, and done instead of having over 10 columns like in our editorial calendar! With Scrum as our backbone, we could create a card for each specific task that needed to be completed and then assign them to the appropriate people.

The important part was that the cards had to be as specific as possible. Even something as simple as “provide montage videos to JC” or “Upload Module 7 Training Videos to Platform” had to have their own cards. This ensured that no step was skipped and we could effectively track each task in case something went wrong.

We could even hold discussions on the Trello card itself and tag the necessary people if something needed to be clarified or additional information was needed. This meant that we never needed to assign more than two people on a single task at any given time. We could all move independently of one another while still monitoring each other’s progress.

Another important part of the Scrum process is the meetings. As essential feature of Scrum is that you hold an in-depth meeting at the beginning of each sprint, as well as a shorter daily meeting.

For us, that meant we would have an in-depth meeting at the beginning of every week where we’d discuss what cards we’d be moving that week from the “backlog” to the “in progress” column. We’d assign the appropriate person to each task we needed to get done that week and generally set the gameplan for the rest of the week.

It also meant that no matter what, rain, hail, or shine, we would hold a daily meeting at noon with every core member of the launch. It was mandatory that everyone attended these launches, no matter what.

Foundr is an international team so we would often hold these meetings over Skype.

These daily meetings were often quick, lasting no more than 15 minutes. Each team member would be given a couple minutes to run through these three questions:

What did you do yesterday?

What are you working on today?

Is anything holding you back?

By answering this simple set of questions, everyone knew what was going on. It served the dual purposes of keeping each person accountable for their own tasks at all times and keeping everyone as focused as possible on delivering results.

Scrum was a big factor in pulling off our product launch problem-free and as efficiently as possible.

The Story

You don’t have to be Seth Godin to know how important storytelling is to marketing.

No matter how logical we are, humans are ultimately emotional creatures. While you can do a product launch that does nothing but tell the facts and why this particular product is so good, you’ll find that it’s not that engaging to your audience. It might even be boring.

“Great stories make a promise. They promise fun, safety, or a shortcut. The promise needs to be bold and audacious. It’s either exceptional or it’s not worth listening to.” – Seth Godin.

Using the power of narrative makes your marketing message more appealing to your audience. We are all natural storytellers with preset narratives running in our heads all the time—it’s just how we organize and process information. By presenting a story, you’re making your message more digestible, engaging, and memorable.

In order to craft a great story for your product launch, I highly suggest you take the time to check out the three-act structure in screenwriting. It’s something that I always refer back to whenever I need to create a marketing story. It’s also something I use to help me with my blog-writing process.

The three-act structure is basically a model that divides a story into distinct parts: the Setup, the Confrontation, and the Solution. It is a very basic template that many professional writers turn to.

It tells the journey of the protagonist who encounters a problem, experiences conflict because of the problem, and then resolves that conflict at the end.

As a marketer, the one thing you need to remember when you’re crafting a story is that you’re not the hero of the story. Nope, the protagonist is your audience. Rather than telling them a story, you’re positioning it so that they are part of your story.

Your job is to guide them through your three-act structure, especially through the Confrontation. The best way to do that is to position yourself as the mentor. Think of yourself as Obi-Wan Kenobi, or Mr. Miyagi. Someone who, with their wealth of experience and knowledge, will guide the protagonist through the conflicts they’ll inevitably encounter and help take them to the promised land.

In the case of Obi-Wan, your job is to attempt to kill the protagonist’s father, be killed in revenge later, then reveal to the protagonist that the girl they made out with is in fact their long-lost twin sister.

With Instagram Domination, with help from Ed Dale & co., we knew what narrative we wanted to tell, and it was the one of our founder and CEO Nathan Chan.

Storytelling is very powerful, but if you do it wrong, it comes off as inauthentic and pushes the audience away. So using Nathan’s own actual story about Instagram was about as personal and as authentic as we could get.

Our story went like this, and you’ll be able to pick out each of the three acts fairly easily:

Instagram was an incredibly popular platform and it was definitely the place to be.

However, learning how to master Instagram was a time-consuming and confusing process.

But once we learned how to use the platform, we were able to take our business to the next level.

We then highlighted how Nathan himself went through that journey and what he learned from it, all culminating in an epic online course on the best way to use Instagram.

Not only did using Nathan’s journey help hammer home all the points we were trying to make, but it also positioned Nathan as the experienced mentor who could guide you through each stage of the journey.

The goal was to take our potential customer through this narrative using the content we were releasing prior and during our launch.

The Launch Sequence

Now that you’ve figured out what kind of story it is you want to tell, here comes to the nitty gritty part: putting together your launch sequence.

If your story is the heart of your launch then the launch sequence would be the skeleton. Everything you do from this point out will be building off the launch sequence that you create.

For NASA, the launch sequence maps out all that needs to happen in order to successfully put a satellite or shuttle into orbit, planned sequentially down to the second. In the case of a product launch, you’re mapping out your customer’s journey.

Just like in a regular launch sequence, you’re looking to map out the key events that’ll take someone from potential customer to actual sale. Your launch sequence is essentially your story being given tangible shape. How you guide people through this sequence is up to you.

The best way to create your launch sequence is to just start off with simple timelines and build on it from there.

First you need to figure out the key dates within your sequence, like when you’re opening the cart and when you’re closing it. While some product launch teams give themselves flexibility in terms of their key dates, we made the active choice to stick to our chosen dates as firmly as possible, to stay focused and motivated, knowing that the finish line was getting closer and closer.

I should also mention that we were very realistic about the dates we chose. Putting unnecessary pressure on yourself makes you sloppy and more likely to cut corners, something you definitely don’t want to happen during a product launch.

Next step is to extend that timeline so it covers pre-launch as well. After all, you can’t just throw the doors open. A great launch builds the right amount of excitement, so when you do open up it’s like Black Friday.

The best metric for any launch is the number of MUCAS (Mothers Using Children As Shields) you generate.

Now start filling it out with the content you’re going to send out before and during your launch. Key pieces of content like the videos in your sideways sales letter, the emails you’ll send out, lead magnets you’ll be using and other marketing content like blog articles and Facebook ads. Once again, be as specific as possible and set hard times and dates that you’ll stick to.

Once that’s done, congratulations! Now you have a visual timeline you can always refer back to when it comes to your product launch.

Finally, using your timeline as a guide, you need to map out your customer’s journey. By this I mean taking a look at your timeline and the pieces of content you’re sending out, and figuring out what landing page each one will lead to.

Don’t just assume that people will jump right on board from the start. There will be people who will jump in halfway, or only be aware of your launch when it’s about to wrap up.

That means each piece of content, whether it’s an email or lead magnet, needs to be able to lead your audience member to the relevant landing page, regardless of where they jump in. Otherwise, they’ll have to go all the way back to the start of your sequence and suffer through volumes of content to get up to speed.

All that’s left to do now is combine it with your timeline and you’ve created a guide for you and your team to refer to at anytime.

Generating Hype

For most people, this is the trickiest part of a product launch. You can spend months developing a fantastic product and planning an amazing launch, but it won’t matter much if no one hears about it.

On one hand, if you don’t put enough effort into marketing then all your hard work gets swept under the rug and forgotten about. On the other hand, if you hype it up too much then all you’re doing is setting yourself up for failure when your product doesn’t meet expectations (see Segway above).

What you want is to generate just enough hype to get people to start paying attention, and get them to believe in your product so they’ll buy it almost immediately.

When it comes to generating hype for a product launch, I always turn to Apple for inspiration.

Apple is king of hype  as far as I’m concerned. They’re kind of like the Lil’ Jon of the tech world.

Give Jobs some grillz, and replace that iPhone with a pimp chalice and the resemblance is uncanny.

What Apple does very well is turn their product launch into a full-fledged event. Launch day turns into a spectacle and everyone pays attention. What you’ll notice in the lead up of any Apple product launch is that they’ll always drill down on the human problems.

Apple doesn’t waste time telling people about the technical specs of their latest product, instead they showcase all the limitations their product can solve. Just take a look at their “Parenthood” advertisement they released months before the launch of the iPhone 5s.

They followed this approach even with the very first iPhone launch. Using only one word they’re able to communicate the idea of progress, digital evolution, and the future of technology.

For the launch of Instagram Domination, we incorporated a number of these ideas from Apple and reworked them to fit our brand.

First thing we had to do was figure out the pain points our target customers were experiencing with Instagram and the biggest benefits our course offered.

We didn’t want to craft a marketing message around every single pain point that people were experiencing, otherwise the message would come off as cluttered. The key was to take those handful of pain points and benefits and keep referencing back to them as much as possible.

After an intense brainstorming session filled with Post-It notes and the Brownlow point scoring system, we ended up with our target list.

For example, we wanted to hammer home the idea of how difficult it was to generate new leads for a business, and how most entrepreneurs don’t have time to devote to social media marketing. We weaved that into a part of our story and highlighted how easy it was to learn how to use Instagram and how our course would teach you everything you’d need to know.

To further drive home the idea of how beneficial Instagram could be to anyone’s business, we significantly ramped up the level of content we produced that was centered around Instagram. We used every media channel we had to drive up interest about Instagram as much as we could among our audience, essentially making the case for buying the course before the launch.

We published content about Instagram on our own blog and guests posts, everything from a piece about how we generated half a million real Instagram followers in one year, to submitting articles to Huffington Post about how to create killer Instagram posts. We even published an article featuring the winners of an Instagram challenge we ran among our students to coincide with the launch date.

Meanwhile, on our podcast we featured three Instagram-focused episodes, including interviews with two of our most prominent Instagram Domination students—Deonna Monique, who went on to make a million dollars in sales selling beauty products, and Ramy Georgy, a local dentist who turned his business into a household name.

Not only were they great interviews filled with tons of actionable advice, but they also served as amazing pieces of social proof that could back up the effectiveness of our course.

We also released a free guidebook on Instagram through the Foundr app and placed full-page ads in our own magazine.

It’s important to note that all of the content we released was never purely promotional. We always created content that was educational and could empower our audience, whether they ended up purchasing our course or not.

We were determined to continuously create content that, while focused on a singular topic, would still be valuable enough that our audience just couldn’t wait to see what we had to offer next.

Emails

If I’ve said it once, I’ve said it a dozen times, your email list is one of your most important resources as a business, especially if you’re about to do a product launch.

It’s your way to directly communicate with your audience. While it’s great to use other channels like Instagram, Facebook, or even just doing traditional advertising, nothing beats the return on investment that emails can generate.

When you’re doing a product launch, you need to lean heavily on your email list. Not only is it a great way to connect one-on-one, but people on your list are generally not cold leads. You don’t have to worry as much about burning a potential customer because you’re not pitching to them out of nowhere.

When you’re guiding people people through your story, the people you want to be selling to the most are those on your email list. They’re the ones who already know your brand, have proven to be receptive to your message, and will be far more interested in buying what you’re selling.</

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