How do you choose the right channels to activate the audience when you're launching a brand new product?

Great question. I believe in data-driven market insights as a foundation for your channel strategy. I always start the assumption that the market is heterogeneous, and therefore, requires a personalized communication strategy. For example, a recent marketing research project I was able to lead here at Uber, helped us understand the different business travel personas, their demographic information, their individual needs, pain points, wants and values and the channels they use to communicate and receive information. 

Armed with this information, we put a plan together with targeted keywords and value propositions tailored to each persona group and used their preferred communication channels. For group A, we relied heavily on CRM, for group B we focused on Events and Tradeshows and for group C we mostly used performance marketing channels such as online Ads, Social Media and Web.

Use surveys, focus groups or marketing research to help drive your channel strategy and activation. While at my previous company, in the field of healthcare, because of marketing research and focus groups, I was able to learn about a new channel that doctors were using to communicate with each other and learn about new products or clinical solutions. This new channel is called Doximity, you can think of it as the LinkedIn for Doctors, they have over 1M physicians registered in this platform, and you need to be a physician to sign-up. This completely changed our channel strategy. Initiatially we our assumption was that Doctors were actively looking for product information on Facebook or Twitter so instead we were planning a LinkedIn campaign which we ended-up changing after we learned about Doximity. 

The only way to figure out what channels reach and influence your audience is to ask and observe them. You have to do both - ask and observe. Asking is helpful. Most people can tell you where they hang out online, or how they heard about recent product purchases in their lives. But they often won't tell you the full story. People may say that they decided to sign up for a product because their friend tweeted about it. But really, they made the decision because they also saw your product remarketed on Facebook, or they read a post on your blog a month ago, etc. So you want to also just watch how your users find out about you and decide to convert to get all that detail. 

I think there's often temptation or pressure to fire on all cylinders. Have a plan for many channels and be as ubiquitous as possible. But if you're really honest with yourself, a smaller subset of channels would probably reach the bulk of your audience. And when you give yourself the benefit of focus, you can do a lot more to make the channels you do use successful. I think it can be helpful to give yourself some artificial constraints. Look at your launch plan and then force yourself to eliminate several channels. Go through that thought exercise of interrogating their value. Give yourself the benefit of doubling down where you know your audience lives and is likely to be transformed.

The channels you use depend upon the audience you're reaching. Where does your audience spend time? What channels have historically worked best for your organization or similar products? 

You can usually get a good sense of channels to activate based on persona research. Even if you're launching a first-of-its-kind product, your audience has preferred publications, sites, and places where they spend time. Prioritize those channels based on budget and funnel stage (and work with your demand gen team to hone in on the plan!)

Choosing the right channels to activate your audience when launching a new product depends on 1) your target audience 2) your budget 3) your goals. If you are launching a new product that you want to drive awareness on with new business, advertising is often used because it has broader reach. With Demandbase we use our own advertising because our B2B bidder can optimize for accounts. If you want to also market to your existing base, email is a great way to reach your target especially if they are opted in to your marketing emails. A product webinar is also a great tool because it allows your audience to see a demo of your product and ask questions.

To make the biggest splash with your new product, you should also consider a fully integrated campaign that might involve multiple channels like ads, email, direct mail, webinars and chat, to surround your audience with the key messages. It goes without saying but working closely with your demand gen counterpart will ensure your are aligned on the key messages and channels to drive the most impact.

The one thing that the great answers above misses is content <> channel match. It's critical that you know where your target audience consumes information but you should also consider what types of content you're building.

For example, on Reddit/Hackernews/forums, a link from a neutral third-party publication performs better than vendor-published blogs, video content doesn't work well on text-first platforms, technical content does well obviously on channels aimed at technical audiences.

The best channel will depend on:

· What channels your customers use, rely on for gathering information. Customer research will help you find that information.

· Your team's skills and the amount of money you want to invest.

· Most importantly, what is their stage of awareness related to the problem area you address. (Brand Aware, Solution aware, Problem Aware/Unaware)

Brand Aware:

These customers might have bought products from you in the past. You can take a direct, sales-based approach with your most aware audience.

Channel/medium: Email Funnel, PPC Retargeting, Event/Tradeshow Launches, PR, Organic Social Media marketing

Solution Aware:

Customers are aware of their pain. And they likely know of your competitors and the solution for them. You need to show why you are differentiated and the right one.

Channel/medium: Comparative Advertising, Comparison Pages, Educational Content, Keyword PPC targeting, brand campaigns

Problem Aware/Unaware:

These people experience pain. But they do not know the actual problem and its intensity if not solved. They don’t even know if a solution exist.

Channel/medium: Create a Narrative around the issue, Webinar marketing, Content Marketing, SEO, Low-Cost strategy: providing answers to questions raised in communities like Quora, Reddit, etc.

Launching a new product is thrilling, but reaching the right audience and sparking interest can be tricky. That's where strategic channel selection comes in. It's not one-size-fits-all; it's a multi-layered approach that considers your launch goals at every stage of the customer journey (awareness, consideration, adoption, etc.), your target audience's online habits, and meticulous budget allocation. Think of it as building a bridge to your ideal customers, using the right channels as sturdy planks to reach them at each stage of their journey. Let’s break this down into 4 steps:

Step 1: Define your launch goals and KPIs

 Set clear goals for your launch campaign. Are you aiming to raise awareness, drive early adopters, or something else?

Step 2: Know your buyer personas inside out

Not all channels are created equal. Some, like social media, are great for generating buzz, while others, like webinars, are better for educating potential customers. Research various platforms and align them with your target audience's media consumption habits.

Step 3: Allocate your budget for maximum reach

Manage your marketing budget wisely. Strategically allocate resources across different channels and closely monitor results to ensure efficient use of resources. For instance, while YouTube video ads can significantly maximize reach and boost awareness, they might prove too costly for your budget constraints. In such cases, considering Google Display as an alternative platform becomes prudent, offering the potential to achieve broad reach with more cost-effective expenses. 

Step 4: Continuously analyze and optimize campaigns

Leverage data analytics to discern effective strategies from less successful ones. Make adjustments as needed, and consider allocating a small budget for testing new channels or targeting methods.

Actively choosing the right channels while continuously optimizing your activities enables you to hit the right target with the right message, at the right time!!