Here’s how you can market your product properly if you are planning to go on a roadshow

David Banks
Authored by David Banks
Posted: Thursday, November 14, 2019 - 17:44

As a brand owner, running a business and simultaneously marketing, promoting or introducing a new product can prove difficult. A poorly promoted product or service has the risk of bringing in no profit, a rather daunting idea considering the effort spent in creating a new product. If a product is not promoted properly, it will, without a doubt, fail in the market regardless of its quality.

Introduction and promotion of new products, amid the higher competition of today’s market, must be carried out in the correct way. An innovative strategy of promoting can be hosting an event, specifically organised to catch the attention of consumers. An event specifically targeted towards customers can portray how much a brand values the business they bring to that brand. Promotional events don’t need to be fancy or large affairs that cost a lot, simple events or small events can also work wonders.

A creative idea for promotional events for a new service or product is a Roadshow. A business roadshow is a unique and appealing experience for customers. Roadshows allow the business to choose their consumers and promote their products in the most effective way possible for them.

For a roadshow, you need to plan, organise, hire roadshow trailer, and you’re good to go. It is centred around engaging, connecting and promoting a brand. The best way to make a roadshow successful is to understand the target audience, which can, in return, help you specify how to carry out your promotional campaign.

Roadshows can be organised for different reasons, such as:

Extending the reach of your brand or a new product to different regions.To judge and connect with consumers of a certain place, that has been hard to penetrate through other means.

Re-inventing your promotion strategies and re-introducing your brand and products.

How to market a product properly during a roadshow?

a. Offer an exclusive preview of a product

Offering an exclusive preview of a product can be a great strategy for a roadshow. It allows customers to feel privileged, as the roadshow will become a sort of private pre-launch. It also allows customers to acquaint themselves the products and brand.

b. Interactive promotions

An increase in interactivity between the brand and the customer by setting up booths for free sample products etc. during a roadshow can be beneficial because it creates the advantage of personal interaction and focused promotion. It allows the brand to be more creative and collect customer data that will be helpful during the eventual launch of the product.

c. Exclusive offers

To take it a step further, offer exclusive offers to customers present at the roadshow, again increasing the idea of exclusivity and care towards customers. Allow feedback from customers, and any brand can determine an accurate response form a larger public.

Roadshows are a good way to plan and achieve your goals, in the manner you want. A roadshow means everything is tailored to your desire. It may not be the best way to promote for all businesses, but it is successful in the case of most.