Question Page

When re-launching a product in the market through a different lens of value, how would you create the demand for it, and what campaigns would you run?

We're about a launch a new product that's creating a new category, but is largely solving some of the core issues with the "old way". Since it's potentially a "new way vs old way" narrative, how should I design marketing and sales to create demand and education for this product?
Austin Carroll
Austin Carroll
Brex Sr. Product Marketing Manager, Financial Product | Formerly Mercury, Capital One, Disney, TechstarsJanuary 25

We did something similar at Brex with the launch of Brex Bill pay last summer. We had a simple Bill Pay product on our original platform, but were bringing it upmarket on 'Empower' - our more advanced spend management platform.

Existing Customers: As with any re-launch, it can create customer confusion so I always recommend starting from your existing customers. How can you ensure your new messaging and positioning appeals to them? We conducted customer interviews and even validated the new messaging with a quick survey prior to launch.

Campaigns: When re-launching a product, I have found that competitive campaigns can be the easiest to quickly change perception of where your product is in the marketplace. For instance, you may have seen Brex's "Concughhhh" campaigns (OOH, SEM, Social ads). This allowed us to quickly position ourselves in the T&E space against Concur, without necessarily addressing that we are primarily known as a "corporate card for startups."

Partnerships: I also think intentionally creating new partnerships (either through referrals partners, co-branded events, affiliates, etc.) can also add a lot of validity to your re-launch here.

Hope this helped!

673 Views
Sharebird PMM Exec Event - KPI's
Wednesday, November 20 • 12PM PT
Sharebird PMM Exec Event - KPI's
Virtual Event
Sharon Markowitz
Nate Franklin
Surabhi Jayal
+48
attendees
Top Product Marketing Mentors
Mary Sheehan
Mary Sheehan
Adobe Head of Lightroom Product Marketing
Jeffrey Vocell
Jeffrey Vocell
Panorama Education Head of Product Marketing
Kevin Garcia
Kevin Garcia
Anthropic Product Marketing Leader
April Rassa
April Rassa
Clari VP, Solutions Marketing
Susan "Spark" Park
Susan "Spark" Park
Monzo Director of Product Marketing
Marcus Andrews
Marcus Andrews
Pendo Sr. Director of Product Marketing
Leah Brite
Leah Brite
Gusto Head of Product Marketing, Employers
JD Prater
JD Prater
AssemblyAI Head Of Product Marketing
Jeff Hardison
Jeff Hardison
Calendly VP of Product Marketing
Julien Sauvage
Julien Sauvage
Clari VP, Brand, Content and Product Marketing