As an entrepreneur, company leader, or brand manager, one of the most mission-critical responsibilities you have is launching new products or services. Getting new products into the hands of your ideal customers involves a strategic method of introduction, sometimes calling for an official event. And if you’re planning a product launch event in 2023, keep reading. This is the ultimate guide you need to plan and host a successful launch event in New York City. These are the details that make the difference between a mediocre event and a downright spectacular product launch with overwhelming support and sales.
Invigorate Your Teams
Your enthusiasm alone can’t carry the product launch. Start early and invigorate your teams and loyal supporters. Get as many people on board with your plans for a product or service launch event, helping to plan, spread the word, and brainstorm for event ideas. The more people you have contributing to the enthusiasm for the launch, the easier it will be for you to spread that enthusiasm to others. Excitement is contagious. Use it to your advantage and get everyone within your organization and network thrilled about sharing and promoting your upcoming event.
Create Thoughtful Invite Lists
Yes, you’ll want to invite those who represent your target audience and buyer communities. But think beyond the sale, too. Create thoughtful invite lists for your product launch that include more than just immediate buyers or contracts. Invite community influencers who can help bring publicity. Invite industry experts who can endorse your initiatives. Invite colleagues and partners within your networks. And to really make a splash, consider celebrity guest speakers or guest appearances.
Gain Support and Sponsorships
Look to your partners and create a product launch party strategy for securing support and sponsorships. Brands and other companies within your industry will be willing to support your efforts monetarily, especially if you’re able to offer VIP experiences in return. Those sponsorships can help offset the event planning costs and allow you to gain even greater exposure with broadened audiences. Start early in securing these, though, and make sure you’re offering tiered sponsorships packages, each with unique value propositions and price points.
Prioritize Your New York Venue Selection
Of all the vendors you’ll need to coordinate, your New York City venue may be the most important. You’ll need to select the venue that matches your vision. Of course, you’ll need enough room for your guests. But also think about parking, ease of accessibility to the venue, catering, and meal-prep, and aesthetics. Think layout, too, including any stages, runways, or red carpet entrances to accommodate your launch party.
Make It Entertaining
Your company’s new product may be exciting for you and your teams, but you’ll need to make it extra exciting for new customers, event guests, and supporters, too. Make a splash with creative product launch event themes. Bring in the impressive entertainment intended to keep your attendees interested and engaged throughout the entirety of the event. Consider live bands, professional DJs, brilliant performers, and customized interactive elements.
Allow for Socializing & Networking
As you plan the agenda for your product launch event, make sure you allocate enough “downtime” for entertainment and networking. You’ll want your guests to take advantage of intimate lounge settings and quieter corners for meeting and mingling. Don’t make it all about your product all night long. Instead, allow breakout sessions and moments of socializing to ensure everyone has a good time, however they choose to do so. Besides, the more that people have a chance to network, the more opportunities that will come from your event for them overall, making it successful for both them and you.
Spare No Expense on Stage Presence
Another key element of any successful product launch event involves your launch itself. Whatever stage presence you require, including audiovisual equipment, professional emcee, music, and product demonstrations, spare NO EXPENSE. This is the moment all your guests have been preparing for all night. This is your time to shine and wow your audience with your new line, whatever it may be. Make it the pivotal moment of your event overall. And be sure you conduct practice runs with all the key elements included, so you can gauge the experience before the big event day.
Prepare for Metrics, Results & Questions
Be prepared for questions and open up your presentation to include Q&A sessions. It’s also imperative that you ready your teams for analytics, including data gathering and event metrics. You’ll need to prepare for immediate sales, mass opt-in, and product challenges, too. Once you let the new product out of hiding, make sure you have all the teams, processes, and plans in place, so you’re ready to meet the surging demand and new interest.
Guarantee Success with EMRG Media
Don’t take this product launch event lightly. How well you plan and execute every detail will impact the success and trajectory of your new line or service. Make sure it’s a spectacular success by bringing in the pros at EMRG Media! With decades of NYC event planning experience, our teams can bring all the best elements to your product launch. Let us handle all the details, from the venue and swag to stage presentation designs and post-event surveys. It’s the surefire way to know nothing gets overlooked and every engagement opportunity is leveraged!
Contact EMRG Media to learn more about how we can make your product launch event a bottom-line boosting and dazzling experience!