Marketing simulation of a prototype without having an actual prototype? Go or No Go?

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Hi Guys,

I am currently launching a B2C dog food subscriptions company with a digital sales channel only. Our investors wanted us to check for any market traction pre-launch to give some premature proof of concept. We thought of doing a marketing simulation on a local scope to see how people would react to our add's, their interaction with our landing pages and wether our most wanted action would create enough leads (visitors would give up their email to get acces to our "soon te be launched prototype" at a discount rate). However, our prototype is not ready yet. Our dogfood formula is ready and can be produced in 2 weeks time, but of course the MOQ is too big compared to the small amount of initial volume we aim to sell. Since our goal is to generate 200 leads in 2 months time. we want to propose a prototype waiting list so customers will be notified when we are ready to soft launch.

This got me questioning the following aspects of this strategy:

1) What is the period in which we have to commit to deliver a tangible prototype to the customer without creating any damage or bad repute to the brand? Should we communicate an estimated timeline?

2) Isn't offering a 50% discount, or any discount for that matter, going to bias the motivation for the customer to subscribe? Hence, delivering us a data pool of biased customer's behavior?

3) Should we use to time, after the customer signed-up and before the actual launch of the prototype, keep up communication with the customers by means of a newsletter, and/or customer surveys. I honestly am prepared to lose these 200 leads, as long as I get any relevant data out of them which can help me develop the prototype and customer service.

I would really like to hear your opinion on the matter! thanks in advance guys!

Cheers,

Victor-Henry
#actual #marketing #prototype #simulation
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  • Profile picture of the author Frank Donovan
    Your investors want proof of concept that pet food can be sold online? There's a ton of research material about the pet food industry, consumer preferences, and surveys on current and intended purchasing methods. I'd start with that and then research some of your existing competitors.

    Put all this together with your proposed marketing campaigns, real-life feedback about the quality of the product (if you have any), and why you and your team are best positioned to succeed with this project (previous success etc.).

    That should be plenty for any potential investor to er, chew on.

    Trying to create a scenario in which you market the product without actually supplying it is a non starter, IMO, for the reasons you've already stated. Of course, that doesn't mean you can't get on with your pre-launch plans. The sooner you begin building a subscriber list, the better.

    Good luck!
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    • Profile picture of the author victor henry
      Hi Frank,

      thanks for your response!

      Well it's more than just validation that dog food will sell online. we already made the compset analysis and our investors know that online subscriptions of dog food has a big potential. They want to be sure that our value proposition is going to appeal to the client, you see. Especially since we are dealing with a niche here. Our kibble is going to contain insect proteins, rather than conventional animal proteins.
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      • Profile picture of the author Frank Donovan
        Originally Posted by victor henry View Post

        Well it's more than just validation that dog food will sell online. we already made the compset analysis and our investors know that online subscriptions of dog food has a big potential. They want to be sure that our value proposition is going to appeal to the client, you see. Especially since we are dealing with a niche here. Our kibble is going to contain insect proteins, rather than conventional animal proteins.
        Then it's not the online subscription model you need to be concerned with. The challenge will be overcoming the reservations of dog-owners.

        You'll need to get positive feedback from pre-launch trials. And you'll also want some favorable advance publicity from media outlets and vets.

        I take it you have some compelling canine health reasons in favor of your formula - I'm not sure that cost or environmental benefits are going to cut it, unless your marketing approach includes some kind of snob appeal to owners.
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        • Profile picture of the author victor henry
          yes indeed, the need to convince a customer will be foremost a hurdle to overcome. Canine health linked with the environmental benefits of the involved ingredients and the services regarding the delivery is what we want to transfer as a message to the client. Of course, we're going to sauce this with nice visuals to be more appealing to the client, but we want to aim at exclusive content once we got the budget to do so.
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