Nowadays, consumers are able to get information for the products which they are interested in from a variety of sources and platforms, so it is necessary for companies to use integrated approaches to launch new products, which may include traditional, social and on-line marketing tools.
Even though it is seemed that new media has getting all over, traditional media such as television, print media (newspaper, magazine) and radio media remains an effective way to expose a never-before-seen product to the masses. Traditional media is still the most familiar tool to people in different age groups to reach a new product. Be sure to clearly spell out the elements of the product that make it newsworthy. How is it different from your existing products? How is it different from other similar products? What benefits does it provide to the consumer?
Moreover, before putting efforts to market a new product, a company must have a home plate which ideally is a search-friendly website. Web developers of the company need to make this page appropriately coded for search, complete with keyword, title tags, header text, a unique URL and information that succinctly describes your new product. And this page should also be visible and easily accessible from the home page. 
Also, collective buying sites such as Groupon and Living social continue to grow in popularity and offer the opportunity to introduce and incentivize the purchase of the product to an opt-in audience. These sites give the ability to customize the product offer by market and expand the product’s reach beyond those who are already familiar with your company.
When the product is ready to go, inform your current customers and brand enthusiasts by updating your existing social networks. These networks are filled with potential for people to share your information. Try different mediums such as videos, podcasts, photos and live chats for discussing the new product. Many people are now getting their topics of interest from social networks, so this is a place to get the product information in front of an audience that has already been sold on your business.
