MBA859 How to Re-Launch a Product P1
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 23 January 2017
⏱️ 26 minutes
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| 0:00.0 | Heyo! Welcome to the $100 MBA Show, the business podcast that helps you build the business you've always wanted. |
| 0:16.5 | With our deep dive lessons every week, real lessons from the real world. |
| 0:20.9 | I'm your host, your coach, |
| 0:23.0 | your teacher Omar Zenholm. I'm also the co-founder of the $100 MBA and Webinar Ninja. |
| 0:28.0 | At some point in your business, you will relaunch a product or service. |
| 0:33.0 | Yes, relaunch. |
| 0:34.8 | A lot of people talk about launching a product, |
| 0:36.3 | but not a lot of people talk about relaunching it, |
| 0:38.2 | which is more common than launching. |
| 0:40.4 | When we first create our offering, |
| 0:41.9 | we try to see if we have an actual proof of concept. |
| 0:44.6 | We actually see that people want our product or service. |
| 0:47.0 | Are people actually willing to spend their hard-earned money to buy your product? |
| 0:50.6 | Once that is established and you have sales under your belt, that proves you should keep moving forward. |
| 0:56.0 | So your next step is to improve upon the product, right? |
| 0:58.5 | Now that you've got all this great feedback you've gotten from your first group of customers, it's time to relaunch. |
| 1:05.3 | So the first launch, the launch, is when people actually had the chance to buy your product. |
| 1:09.3 | But the relaunch is actually a little bit more important now that you refined it and you're going to relaunch |
| 1:13.6 | it over and over again. But how? That's what this two-part deep dive lessons all about. |
| 1:19.2 | Today's episode is part one and Part 2 will air next week. |
| 1:23.6 | We're going to cover everything. |
| 1:25.1 | What to consider, how to build buzz, excitement, and anticipation. |
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