Are you running a startup or getting ready for a new product launch and feeling afraid to fail? You have good reason to be concerned. According to Harvard Business Review, 75% of product launches fail to entice consumers.

Visibility into potential profits and revenues and the ability to evaluate your business plan with data analysis can be crucial for securing additional funding or scaling your business. To help, we've come up with eight tips for you to maximize your odds of successfully launching a new product in a new market. These same tips can be used when launching a new service or brand.