B2B: The secret to a successful product launch
Anyone who fails to capture customers’ interest when launching a new product is squandering enormous sales potential—and there’s no second chance. A study by InRiver shows that shortcomings in product information are one of the biggest challenges in global product launches.

As part of the study, business decision-makers from the B2B sector worldwide were asked what is important when launching a product and what difficulties are particularly common. The goal is of course always to increase sales, but the measures required to achieve this are often misjudged.
Efficient product information management has a decisive influence on factors such as sales potential and customer loyalty as well as on the relationship with sales partners. It also helps to stay one step ahead of the competition in terms of speed when it comes to product launches.
In many cases, respondents underestimate these correlations. Just like the topic of adaptive merchandising. The aim here is to understand how customers arrive at their purchasing decisions and to respond to their requirements accordingly by providing suitable product content at any time and on any sales channel.
Automation is essential in large companies
A quarter of those surveyed in Germany stated that product launches fail due to inadequate product information or are less successful than hoped. Against this backdrop, 55% of those surveyed also reported an increase in returns, which in turn has a negative impact on customer satisfaction. Almost all global companies are confronted with tough competition, which has increased massively in recent years and will continue to increase in the future.
On average, a company has around five competitors, while in some cases there are more than 15. The construction and industrial manufacturing sectors are particularly affected. Here, it proves to be a particularly great challenge to underpin the countless SKUs and products with convincing content. This is because once a company reaches a certain size and the associated extensive product range, it is no longer feasible to maintain product information manually.
It is therefore important that the companies concerned address the issue of automation in this respect. From the perspective of German corporate decision-makers, one particular difficulty is ensuring that product information meets all formats and compliance standards of a market or channel (55%). This also clearly shows the need for reliable automation measures.
The devil is in the detail
Although companies realize that product launches are a critical process for business success and invest a lot of effort accordingly, they struggle to make the process fast, scalable and smooth. When it comes to an effective and profitable product launch or building a new channel, the devil is often in the detail, as B2B customers today are accustomed to a buying process that is as smooth as the consumer one.
For the study "How B2B Companies Solve the Challenges of Revenue and Scale with Better Product Information" business decision-makers from the B2B sector worldwide were asked what is important when launching a product and what difficulties are particularly common. The study was conducted by InRiver, a SaaS company specializing in Product Information Management (PIM). The company helps to create, update, maintain and distribute product content.

















