Answer to Question #268347 in Marketing for Naman Jain

Question

Tesla model 3 is planning to launch in December 2021 in india . As a marketing consultant explain the steps that you will suggest for the new product launch?

Answer 1

The new product launch requires one to understand their target audience and how to access them. Secondly, understanding the problem the product is solving is vital. It will help convince the target audience to go for the product. Another step will be understanding the business competitors and show how different your product is from others.

Finally, one should understand the product's story so that they are ready to explain to anyone anytime, be it media or co-marketers.