Know if you'll hit your targets before pulling the trigger on
any marketing plan
More than sixty five percent of new products are commercial
failures, and if you compound this with a recession, now more than
ever you can't afford to be wrong. In "If You Build It Will They
Come, "business professor and strategy consultant Rob Adams shows
you how to make sure you hit your target market "before "you spend
a lot of money. He shows you the fast, systematic and proven
approach of performing Market Validation in advance of making a
large product investment.
Adams outlines a simple and effective market validation and
testing strategy that is proven, giving entrepreneurs and managers
the ability to dramatically improve the prospect of product
success. He explains how to quickly gather information on
competitors, directly interview members of your target market, and
figure out what the market really wants to buy, versus what
customers say they want. The steps to quickly understanding the
viability of your marketWhere to go to gather the information
needed to hit the market requirementsHow to follow through with the
right product launched in the right wayAdams cuts through the fancy
terms and expensive market research that gives lots of data but no
real product oriented information about usage, pricing, features
and competitive forces. In the end you'll produce results on your
first release of a far more mature product, shipped in a faster
timeframe with features customers will actually use. This book is
for anyone involved with designing, developing and launching new
products. Its examples and advice cover everything from the
fledgling start-up that needs their first product to work just to
survive to the successful Fortune Class company establishing new
worldwide markets. Examples cut across all major industrial sectors
including consumer, retail, manufacturing, technology, life
sciences and services. This book offers the step-based guidance you
need to make sure failure is not an option.
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