Which of the following best describes the role of a 'Soft Launch'?

A 'Soft Launch' refers to the practice of releasing a product to a limited audience before making it widely available. This approach allows companies to gauge how the product is received by real users and collect feedback on functionality, design, and overall user experience. The insights gained during a soft launch can guide further refinements, adjustments, and strategies for a successful full launch.

This method is particularly important in minimizing risks and ensuring that the product aligns with market needs, which helps to establish better chances of success when the product is fully launched. The other options focus on distinct objectives that do not encapsulate the primary purpose of a soft launch, such as finalizing designs, determining pricing, or training sales teams, which are all integral to the product development and marketing process but serve different functions.