Abstract

Preannouncements of new product introductions is a prevalent practice in high-technology industries. The timing of preannouncements is a central construct and may vary from a few days to 2 years. An empirical analysis based on a telephone survey of 217 senior marketing managers in computer hardware and software manufacturing firms showed that the timing of preannouncements is contingent on factors that are product related (purchase cycle length, learning requirements, and switching costs), design related (forecast horizon), and industry related (perceived competitive elasticity). The length of preannouncement is important and can significantly influence the chances of a successful product launch.

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