Empirical findings on marketing new product pdfs
Here are some empirical findings on marketing new products, along with some relevant PDFs:
- The Importance of Social Media in New Product Launches: A study by McKinsey found that social media plays a crucial role in new product launches, with 71% of consumers saying they are more likely to try a new product if they see it advertised on social media. PDF: "The Importance of Social Media in New Product Launches" by McKinsey
- The Role of Influencers in New Product Marketing: Research by Tomoson found that influencer marketing can generate up to $6.50 in earnings per dollar spent, making it a highly effective way to market new products. PDF: "The Ultimate Guide to Influencer Marketing" by Tomoson
- The Impact of User-Generated Content on New Product Adoption: A study by Nielsen found that 92% of consumers trust recommendations from friends and family, and 70% trust online reviews. This highlights the importance of encouraging user-generated content (UGC) in new product marketing. PDF: "The Nielsen Global Trust in Advertising Report" by Nielsen
- The Effectiveness of Email Marketing in New Product Launches: Research by Campaign Monitor found that email marketing can drive up to 20% of sales for new products, making it a crucial channel for marketers. PDF: "The Ultimate Guide to Email Marketing" by Campaign Monitor
- The Role of Content Marketing in New Product Launches: A study by Content Marketing Institute found that 70% of B2B marketers use content marketing to support new product launches, and 62% say it is effective in generating leads. PDF: "The B2B Content Marketing Benchmarks, Budgets, and Trends" by Content Marketing Institute
- The Impact of Referral Marketing on New Product Adoption: Research by Wharton found that referral marketing can increase new product adoption by up to 50%, making it a highly effective way to market new products. PDF: "The Power of Referral Marketing" by Wharton
- The Effectiveness of Paid Advertising in New Product Launches: A study by AdWeek found that paid advertising can drive up to 25% of sales for new products, making it a crucial channel for marketers. PDF: "The AdWeek Report: The State of Paid Advertising" by AdWeek
- The Role of Customer Reviews in New Product Marketing: Research by BrightLocal found that 85% of consumers trust online reviews as much as personal recommendations, making customer reviews a crucial part of new product marketing. PDF: "The Local Consumer Review Survey" by BrightLocal
- The Impact of Gamification on New Product Adoption: A study by Gartner found that gamification can increase new product adoption by up to 20%, making it a highly effective way to market new products. PDF: "The Gartner Gamification Report" by Gartner
- The Effectiveness of Account-Based Marketing in New Product Launches: Research by SiriusDecisions found that account-based marketing can drive up to 20% of sales for new products, making it a crucial channel for marketers. PDF: "The SiriusDecisions Account-Based Marketing Guide" by SiriusDecisions
These empirical findings highlight the importance of various marketing channels and strategies in new product launches. By understanding what works and what doesn't, marketers can develop effective marketing plans that drive adoption and revenue.