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A Product Go-to-Market (GTM) Launch Strategy is a plan for introducing a new product to the market and making it available for purchase by customers. The Product GTM Strategy outlines the steps that need to be taken to successfully bring the product to market, including market research, product development, pricing, distribution, marketing & promotion, and sales.
The GTM Launch Strategy should be tailored to the specific product and target market—and should take into account the competitive landscape and the overall business goals. The goal of the GTM Product Launch Strategy is to effectively introduce the product to the market and drive demand for it, leading to increased sales and revenue.
In formulating a Product Launch Strategy, there are numerous important strategic analyses and considerations, including:
For more information, have a look at these management topics:
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