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  • How to Run VIP-Only Product Launches to Drive Loyalty Revenue

How to Run VIP-Only Product Launches to Drive Loyalty Revenue

Patrice Shankman 7 min read
278

Imagine giving your most loyal clients a surprise. The new product will be available however, regular customers won’t be able to see it until next month. Only VIP customers get first access. They feel privileged, excited and appreciated. They also feel a sense of pride when they purchase. They make buzz, which creates excitement among the other shoppers to see the release.

This is what makes VIP-only product launches. This is a straightforward idea which yields big benefits: Create a sense of loyalty among your customers who feel as if they are insiders and they’ll be rewarded with the first sales they make, genuine buzz as well as long-term loyalty. 

This article explains how you can successfully launch VIP events employing a smart VIP early access marketing strategy which anyone can apply, with no complicated equipment or a huge budget.

Table of Contents

Toggle
  • Build Hype, Not Hope: A 6 Steps Guide to Launching with VIP Exclusivity
    • Who Are Your VIPs?
    • Step 1: Build Anticipation Before the Launch
    • Step 2: Create a Special VIP Experience
    • Step 3: Time Your Launch Carefully
    • Step 4: Make It Easy to Buy
    • Step 5: Encourage Sharing and Buzz
    • Step 6: Gather feedback from Buyers who purchased early
    • Common Mistakes to Avoid
  • Conclusion
    • About Author
      • Patrice Shankman

Build Hype, Not Hope: A 6 Steps Guide to Launching with VIP Exclusivity

The VIP early access launch strategy taps fundamental human nature. People love feeling special. They enjoy being part of a special group. When you grant your top clients early access to brand new items, you’re saying to your customers “You matter to us. You’re not just another transaction.”

The feeling of this creates powerful outcomes:

  • Early Revenues: VIPs purchase ahead of the general population and can generate sales even before you’ve put money into the marketing for your launch
  • The Social Proof of VIPs: They are known to share their purchases with social networks, generating a free publicity
  • Reviews: Buyers who are early write reviews to help them convert into regular buyers later on.
  • Rewarding loyalty: VIPs are rewarded and feel valued. They become much more loyal
  • The data insights of early sales show which items are going to be the most popular

Based on research, 80% of the company’s revenue comes from only 20% of its existing customers . VIP launches concentrate your attention at that 20 20%.

Who Are Your VIPs?

Before you plan your launch, determine who is a “VIP”. Different businesses define VIPs differently:

  • Most Expensive Customers: Customers who’ve had the highest spending over the last year
  • Customers who have been loyal to you for a long time.
  • Top-tier loyalty program members who have reached your most advanced degree.
  • Reviewers who are frequent, regularly sharing comments regularly.
  • Social Media Enthusiasts: People who regularly engage and share

It’s not necessary to involve everybody. The true VIP event is one that feels special. If you have more than you can handle, the experience ceases to be unique. Start by inviting your most popular 5-10% of your customers and then expand your list as you gain experience.

An apparel company could invite patrons who’ve spent at least $500 within the last year. Coffee shops could host those who have visited at least 20 times. Pick a wording which is appropriate for your organization.

Step 1: Build Anticipation Before the Launch

The excitement begins prior to VIPs even seeing the product. Make them feel awed by playing a game of the mystery.

  • Send out a teaser mail one week prior to the launch of your VIP program and send an unsettling message. “Something special is coming for our best customers. Check your email on Tuesday for an exclusive opportunity.”
  • Make a landing page. Make a webpage that reads “VIP Area–Coming Soon” with the timer for a countdown. Send VIPs the link for them to return.
  • Utilize social media to share tips without divulging excessively. “Our VIPs are about to see something no one else has seen yet.” It also draws non-VIPs in and is keen to be eligible for the next launches.

The secret is in the mystery. Do not reveal everything in one go. The VIPs will be wondering what’s in store. Expectations make the final announcement more thrilling.

Step 2: Create a Special VIP Experience

The day you launch your event, make it seem like an actual event and not just an email.

Make a Unique Invitation: Make sure your email is distinct from the regular email you send to your customers. Include words such as “You’re Invited,” “Exclusive Access,” or “For Our Best Customers Only.” Incorporate the name of the VIP and maybe a brief description of the relationship they have in your.

Examples of subject lines:

  • “Sarah, you’re invited to our secret launch”
  • “VIP Early Access: Be the first to see [Product Name]”
  • “Only for our best customers–something special inside”
  • Make a landing page for VIPs: Do not just direct VIP customers to your standard website. Make a separate page with the words “VIP Early Access” at the top. Include a private note from the founder or the team. Create a feeling of exclusivity on the page.
  • Include Something Additional: Consider offering VIPs more than early access. They might get a price, free shipping or perhaps a free gift with purchase. The extra benefit will make them feel more important.

A brand that sells skincare products could give customers with VIP early access launch strategy and the chance to try a sample for free of its product. The bookstore could include the personalized bookmarks with every purchase.

Step 3: Time Your Launch Carefully

The timing is crucial for the VIP early access marketing. The VIPs you want to make feel special but it is also important to create momentum to launch the program for everyone else.

A typical timeline:

  • 1 week before anticipation.
  • The VIP day of Launch: Access to exclusive access starts.
  • Period of VIP Access: 3-7 days of exclusive access for VIPs.
  • The product’s public launch is open to all.

The VIP timeframe must be extended enough to let VIPs be able to shop, yet short enough to create anticipation in anticipation of the public launch. A period of three to five days typically can be a great choice.

Take into consideration time zones when you serve customers from all over the globe. It could be possible to open the site for each time zone at midnight you serve, or select a specific time, and clearly communicate that.

Step 4: Make It Easy to Buy

Friction kills excitement. If the VIPs must jump through hoops to purchase something, they’ll be bored.

Simpler the procedure:

  • Include links to direct access to the VIP website within your email.
  • Make sure the site loads fast when using a mobile device.
  • It should be as simple to complete as you can.
  • Provide multiple payment options.
  • You might want to consider a single-click checkout for repeat customers.

Make sure you test everything prior to launch. Make yourself test email addresses. You must click on each hyperlink. Try a trial purchase. It should feel easy.

Step 5: Encourage Sharing and Buzz

VIPs are the most effective marketers. When they talk about their purchases and experiences, they generate genuine buzz which money cannot buy.

Sharing is easy:

  • Add social sharing buttons to the VIP page.
  • Make a hashtag that is unique to announce the event.
  • Make sure VIPs post pictures as soon as their orders arrive
  • You could consider a small incentive in exchange for sharing (extra loyalty points or a discount)
  • Show appreciation publicly: If permitted, include exclusive posts on your social media. You can thank them in their name. It makes them feel appreciated and inspires others to do the same.

One brand created a “VIP Wall” on their site, which showcases photos of customers from the day of launch. All new customers could view their image appear on the wall, a strong incentive.

Step 6: Gather feedback from Buyers who purchased early

The VIPs you have are usually the most loyal clients. They value your brand and will help to improve your business. Make use of their initial purchases to get useful feedback.

  • Request Reviews: send an email in the following days asking VIPs to look over their purchases. Provide loyalty points for bonus as a token of appreciation. Early reviews can help to convert customers into regular ones later on.
  • You can Ask Specific Questions like: “What do you love about the product? What could be better?” VIPs usually provide honest, precise feedback that can help you to make improvements.
  • Be Attentive: If several VIPs have mentioned the same thing–sizing is tiny, but packaging might be improved. Consider making the necessary adjustments prior to the launch to the general public.

Common Mistakes to Avoid

  • Invite Too Many Guests: one of the VIP early access marketing strategies is that if everyone’s the VIP in your group, everyone will feel unique. Keep your VIP group exclusive.
  • Incorrect Timing: Too close to major holidays or events could squelch interest. Choose a quiet period.
  • Tech Issues: Issues with broken hyperlinks, slow loading pages or problems with checkouts ruin the user experience. Check all of your options.
  • Inadvertently Forgetting Follow-up: Your relationship should not end once you purchase. Reward VIPs, solicit reviews and begin building anticipation for the upcoming launch.

Conclusion

VIP early access launch strategy is among the easiest and effective methods of driving loyalty revenue. These launches cost almost nothing to execute and yet, they result in early sales, genuine buzz as well as stronger customer relationships.

Begin small. Select your top 50 to 100 customers to be your first product launch. Offer them an experience they will remember.

About Author

Patrice Shankman

See author's posts

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