Everything You Need to Know to Make Your Idea a Reality and Bring a Product to Market

Are you like me? I have so many ideas (including a product or two) swirling around in my head that sometimes I even overwhelm myself. Nicole DeLarzac has twenty plus years of marketing experience, primarily in the product industry. Today she works with entrepreneurs to help them bring their ideas to reality and create a strategic plan for bringing their product to market. About Nicole Nicole graduated from business school and started consulting.  She quickly realized that she wanted something more creative and less analytical. She left consulting and joined Kraft foods.  Coke-a-Cola took her away from Kraft.  She and her husband moved to Australia and while pregnant with her first child she started her own business to have flexibility with being a mom. Her business was importing foods from South America and selling to wholesalers and brands like Kohls and Woolworths. Upon moving back to Canada, she left her business and decided that she wanted to help other female entrepreneurs who needed help creating a business and being a mom. What are the steps to bringing an idea to fruition? Ideation Iterations of the product and what problem can it solve and what makes your product different Come up with ideas and narrow it down based on competitive marketplace – 5 Top Ideas Concepts  Written and visual expressions of the product so that people will understand exactly what the product is and the problem it solves Testing Surveys Appeal - what appeals to your audience What are they likely to buy Could the product be improved Feedback What they like, what they don’t like. Feedback is important because you want to understand what the consumer wants and likes. Refine the Top Concept Results in final idea Development 1st prototype Consumer market feedback from a target audience Does it meet their expectation Business Plan Road map with goals – how are you going to achieve the goals and market the Be rooted in strategy so that you know what that business will produce revenue. Finished Product Presale Before production Create a waitlist Know you can sell before producing large volume Production Marketing Your Product Website Tease out product Think of where the target audience shops Amazon Etsy Wholesalers Large Market Places – i.e. Wayfair Multichannel approach Retail location Driving Traffic Multi-channel approach SEO Keywords and key phrases What are people searching for Be strategic Blog posts Social channels Engagement Paid Google Ads, Facebook Ads, Display Ads Earned Earn the right for people to see your product PR Influencers Big Influencers Build relationships with them Send product and include the media kit Micro influencers A great place to start Smaller number of followers but more likely to work with you and promote your product. More trustworthy. People are skeptical of big influencers because they know they are getting paid for promoting. Personal Branding How important is it to have a personal brand when you are a product entrepreneur? Very important. People want to get to know you and your process.  Show up for your audience and get them involved with your process and product. Develop a community around what you are doing. Be the face of your brand. Lifestyle and Product Photography Show people using your product so that people want to use it too. Have great photography because people can‘t touch your product, so you want to show as much detail as possible through great images. Look professional. Bonus Tips Be persistent Know your why Imagine yourself where you want to be – know your 5-year vision and plan Learn more about Nicole and connect with her: Website: https://nicoledlarzac.com/ Facebook: https://www.facebook.com/nicoledelarzac Instagram: https://instagram.com/nicoledelarzac LinkedIn: https://www.linkedin.com/in/nicolemarketer/ Podcast: https://nicoledelarzac.com/podcast/ Learn more about your host, Robyn Graham, click HERE. To learn about The Brand Marketing Insider by Robyn Graham, click HERE. Join the Brand Marketing Insider Facebook Group HERE. Book a Brand Marketing Strategy Session HERE. Ask Me Anything HERE. Connect with me, Robyn Graham: Website | Instagram | LinkedIN | Facebook | Twitter | YouTube | Pinterest