If you’re thinking of launching a new product, service or business, here are 5 tips to help you get it right.

  1. Great ideas are not anointed. They fly or die based on merit and hard work. If you believe in what you’re doing, if the research and numbers stack up, go for it. This will help you.
  2. Pick your clients or customers deliberately. Then, focus your marketing message so that it’s 100% relevant to this group. If you don’t know who your ideal clients or customers are, you’re not ready to launch. This will help you.
  3. Don’t sell something, if people can buy it from Amazon for less.
  4. If you sell a commodity product or service, customise it. If you’re 1 of 30 accountants in your area, give people a valid reason why they should hire you, rather than an equally qualified competitor. Tell people why they should eat at your restaurant and not a similarly priced competitor’s place. This will help you.
  5. Embrace blogging or newsletters. Give the marketplace an insight into you and your business. Tell them your story. When they feel like they know you, you’re far less of a gamble to them, than hiring or buying from a stranger. I focus on blogging. Here are 25 reasons to write a business blog.

I hope you found those tips useful. More importantly, I hope you find something there, which you can put into action.

Marketing