Hochschule Darmstadt: A member of the euT+ network.
Programs Offered:
Animation and Game Direction
Creative Entrepreneurship
Key Faculty: Prof. Boris Kunkel
Sales Pitches: Present your sales pitches.
Product Launch: Company’s coordinated efforts to introduce a new product to the market.
Growth Strategy: Planned efforts to increase a product's market share.
Assess Team Readiness: Evaluate the team’s capacity for product publicity.
Implement Processes: Prepare systems to enhance customer engagement.
Plan Resources: Ensure adequate staffing and resources to meet demand.
Objective: Generate momentum while introducing a product to the market.
Identify Demographics: Discover the target audience for similar products.
Highlight Uniqueness: Position product features to meet target audience needs.
Plan Distribution: Select effective launch and promotion channels.
Key Point: Implement effective techniques to overcome typical product launch challenges.
Align Your Team: Engage key team members early to ensure clarity.
Simplify the Message: Focus on a clear message for stronger audience engagement.
Follow a Roadmap: Use structured steps to cover essential elements of the launch.
Definition: A written summary of ideas, activities, and processes for market release of a product.
Think Long-Term: Prepare for growth beyond the initial launch.
Adopt a Holistic Approach: Align strategies across all business areas.
Learn from Leaders: Use methods from successful companies.
Goal: Achieve a higher market share through strategic planning.
Definition: A sequence of events/actions for preparation, execution, and follow-up in launching and growing a product.
Stages: Discover, Consideration, Evaluation, Conversion, Experience, Loyalty.
Customer Journey: Tracks their progress from awareness to purchasing and referral.
Roles:
New Customers
Existing Customers
Stages: Awareness, Acquisition, Activation, Retention, Revenue, Referral.
Focus: Overall alignment of product offering to each stage.
Goals:
Expand visibility through marketing.
Capture attention with engaging messages.
Build memorable market presence.
Tactics:
PR Campaigns
Social Media Ads
Influencer Marketing
Goals:
Drive traffic to your website/app.
Engage leads for sign-ups/inquiries.
Optimize channels to fit the target audience.
Tactics:
Online sign-up forms
Free trial offers
Targeted landing pages
Goals:
Deliver immediate value to new users.
Simplify onboarding process for ease of use.
Encourage users to explore product features.
Tactics:
Onboarding tutorials
Welcome emails
Product demos
Goals:
Maintain communication through updates.
Add ongoing value to encourage product usage.
Foster relationships with users to build trust.
Tactics:
Loyalty Programs
Regular product updates
Personalized email campaigns
Goals:
Introduce fitting pricing models.
Encourage upgrades/premium purchases.
Ensure customer satisfaction to drive revenue.
Tactics:
Subscription plans
In-app purchases
One-time sales
Goals:
Encourage users to share products.
Utilize word-of-mouth marketing for trust-building.
Expand audience through referrals.
Tactics:
Referral discounts
Social sharing incentives
Customer testimonials
Action Steps:
Outline the six stages of the customer journey (awareness to referral) for the product.
Describe the strategy for each stage and suggest one creative activity or feature.
Utilize Miro board for collaborative notes.
Team Presentation:
Each team presents their product journey as a roleplay.
Roles include:
Company team (marketers, developers, customer support).
Customers interacting with the product.
Example scenario of customer journey available in the roleplay.
Entrepreneurship Course Evaluation: Overview of course feedback and assessment.
Design for Producers 2 Course Evaluation: Overview of feedback and course assessment.