productcamp rtp 2010 - anatomy of a product launch - doug johnson

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Share In The Conversation October 30, 2010 Anatomy of a Product Launch What we can learn from Rocket Science Douglas Johnson

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Page 1: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Share In The Conversation

October 30, 2010

Anatomy of a Product LaunchWhat we can learn from Rocket Science

Douglas Johnson

Page 2: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Thank you to our sponsors:

2 Anatomy of a Launch – Douglas Johnson

Page 4: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Launch - Tubeless Toilet Paper

• biggest change in 100 years

• test launch at Walmart in Northeast

• $9 billion market

• 17 B tubes annually in US = 160 MM lbs of trash

• special winding process

• potential for paper towels

4 Anatomy of a Launch – Douglas Johnson

Page 5: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Launch Profile Drivers

Launches vary widely by industry

• Innovation frequency

• Asset vs. technology driven industry

• Product liability (e.g. software vs. drug)

• Life cycle for products (consumed vs. durable)

• Installed base adoption rate

• Switching costs

• Market size 5 Anatomy of a Launch – Douglas Johnson

Page 6: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Launch Phases

• Prelaunch

• Lift Off

• Early Ascent

• Throttled Ascent

• Full Throttle Ascent

• Orbital Insertion

• Sustainable Orbit

6 Anatomy of a Launch – Douglas Johnson

Page 7: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Where do Launches fit in?

Corporate Business Plan

Integrated Marketing Plan

Product Marketing Plan

Product Launch Plan

7 Anatomy of a Launch – Douglas Johnson

Page 8: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Prelaunch

• Product ready – 4P’s

• Launch objective

• Strategy and type

• Launch team assembly

• Schedule & milestones

• Metrics & tools

• Securing resources

• Problem resolution

8 Anatomy of a Launch – Douglas Johnson

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Plan for Contingencies

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Lift Off

• Prelaunch complete

• Day One availability

• Full commitment

• Team fully engaged

• Resources engaged

• Metrics start

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Page 11: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Early Ascent

• Beyond the launch customer(s)

• First snapshot of health of launch

• Attention turns to longer term process of ascent

• Challenge: stay focused

• Watch for anomalies

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Page 12: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Throttled Ascent

• Assessing launch progress

• Validating a priori assumptions

• Potential corrections

• Power down vs. Power up

12 Anatomy of a Launch – Douglas Johnson

Page 13: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Full Throttle Ascent

• Monitoring of progress

• Validation of corrections - metrics

• Continued team commitment

13 Anatomy of a Launch – Douglas Johnson

Page 14: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Orbital Insertion

• End of launch phase in sight

• Progress in adoption and market share

• Larger adjustments now possible

• Follow on possibilities

• Increasing market feedback

14 Anatomy of a Launch – Douglas Johnson

Page 15: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Sustainable Orbit

• Launch completed

• Marketing and Sales now in total control

• Life cycle orientation

• Sustainable pipeline

• Launch post mortem

• Launch team prepares for next launch

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Page 16: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

About the Author

Douglas Johnson

Doug is a business builder, leveraging his marketing and

business development expertise to drive organization-

wide strategic initiatives that deliver on corporate

growth and profitability -- bringing innovative

technologies to market and establishing new lines of

business through cross-functional teams. He has held a

variety of key positions with a number of Fortune 500

companies.

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Page 17: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Contact Info

• Douglas Johnson

[email protected]

• 919.308.5288

• www.linkedin.com/in/douglasjjohnson

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Page 18: ProductCamp RTP 2010 - Anatomy of a Product Launch - Doug Johnson

Thank you to our sponsors:

18 Anatomy of a Launch – Douglas Johnson