Product Launch Solutions for Large Companies

This section presents scenarios that include typical challenges faced by large companies during product development and launch.

Scenario 5: A Transition Version of an Existing Product

Product line summary: Sales of version 1 of a particular product have been declining because it is too expensive and perceived as "old." Because of resource constraints, the future version, one that could be a contender for a "best-in-class" product, will not be available for at least two years. The product manager convinces the executive team that a transition product could satisfy the market the market for the next two years. The plan for the transition product only specifies a part time commitment from two engineers to supervise a co-developed product that uses parts from the version 1 product and some new components from several specialty vendors. The product manager promises to supply the required marketing deliverables in his "spare" time. The transition product is not popular in R&D and marketing because these resources are already over committed. The sales staff welcomes the news of the transition product because it does fill a gap in the current product line.

Company profile: The company has a reputation for very good products and has made a slight profit for most of the last twenty years and has 5000 employees. There are at least ten other competitors that are expected to offer a similar product in this market. There are other successful, new products from this company that have captured most of the attention of the marketing and sales representatives.

How can this company ensure that the transition is a moderate success? How does the development team keep the future version of the product on schedule when the transition product group is a frequent source of interruptions?

To complement the talent and experience of the original team, a product launch solution developed and delivered for the transition product by OpLaunch might include the following tasks:

 

Scenario 6: Improving New Product Development and Launch

Company profile: The company has earned a reputation for very good products and has made a modest profit for most of the last twenty years and has 5000 employees. Several products from this company have attained more than a 50 percent market share in their category. To many outsiders, the company has become less innovative and overly bureaucratic in the last two years. Loyal customers and competitors have noticed the effects of recent cost reductions. The number of new product announcements has declined in the last two years. The quality of customer support has degraded and loyal customers are considering purchasing from other vendors. Frequent internal re-structuring has not produced the desired new product development results.

What should the company do in response to the perception that innovation and new product development has suffered along with customer support? What milestones can be completed within 6-8 months?

To complement the existing infrastructure, a product launch solution developed and delivered for the transition product by OpLaunch might include the following tasks:

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