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Planning to Prototype a Tech Product? Here are 5 Most Important Questions to Ask Yourself

Product Prototype Development in USA
Planning to Prototype a Tech Product? Here are 5 Most Important Questions to Ask Yourself 5.00/5 (100.00%) 2 votes

In the fast-moving world, no one wants to stay behind the curve, especially in terms of technology. Even, big brands, including Apple, Samsung, Google, and Microsoft to name a few jump on a tech trend just to do it. In the last few years, we have seen it with smartphones, augmented reality, and now wearables.

Normally, in a hassle to be first, businesses jump right into creating a product without spending enough time to research and understand their audience or skip a thought-process on key details that will make or break a product launch for a customer. However, a contradictory fact is businesses have to maintain their pace in order to keep their brand alive in the senses of their customers as well as to stay competitive in their respective industry. Fortunately, there is a proven way to get a great product to market correctly and quickly and it is by understanding your users as thoroughly, as you know your brand.

When it comes to prototype development for a tech product, GID has framed a list of five most important questions to ask your audience to ensure that the product is useful, usable, and desired.

What are their needs? People buy a product to meet / satisfy one or several needs in their lives. Wearable technology products are no exception. While prototyping, make sure your insight on your audience’s requirements line-up with their real life needs. Build a product prototype in time to conduct user research, and involve your audience while testing the same. Skipping or overlooking this step will result in manufacturing a product with no customers to use it.

Why previous solutions failed? The market for tech product is flourishing, as never before; hence, it becomes easy for an entrepreneur to yield insights for new product opportunities. Use negative and positive reviews and rating of products on the market today to ignite exclusive ideas for future products. Think beyond usual analyst reports, and comb through the ratings and reviews of products on ecommerce websites to explore flaws in the product’s software.

What are your customers’ likes and dislikes? Before prototyping and manufacturing a tech product, do not forget to clarify what category of audience you are going to target. As soon as you have clarified the category of audience you are going to target, spare adequate time to analyze and understand their technology requirements, likes and dislikes. Try to conclude, how many end users have aversions to technology, how many are ravenous for technology, and how many are early adopters. Is your product going to conjure up feeling of “Obtrusive Big Brother” or “Useful Quantified Self?”

How will your customers leverage the product? Knowing how your customers will use your product will help you develop a more durable and tough product. For example, the latest wearable tech products such as Jawbone Up and the Fitbit Flex are great examples of this. Manufacturers knew that some end-users would wear these devices simply to track their daily activity levels, whereas a majority would use them as a comprehensive fitness guide; hence, the product was designed and developed accordingly. Understanding end users’ expectations from your product and their plans to do with your product are the key to successful product development. Another important point to remember is to avoid all sorts of unnecessary features into your product.

What would keep your customers buying your products? Find out, what is more important to your targeted end-users – Are they looking for an affordable product? Are they searching for an aesthetically beautiful product? Is a clunky or outdated product design a definite deal-breaker? Does the functionality trump all? By concluding what is more important to your targeted end-users and creating a product accordingly, you will save your team from hassle and frustration.

Remember, once you have answers to all these questions, you are still at the starting line of a process. A repeated cycle of development and improvement will gradually guide you to a better, more useful and much-awaited solution.

Product prototype development is a complicated process and may take a bit longer time, but, in the end, it will ensure you are satisfying the needs of your audience, which will eventually reward more success in the end.

Top Five Methods by Leading Product Manufacturing Company for Long Term Success

Method of Product Manufacturing Company
Top Five Methods by Leading Product Manufacturing Company for Long Term Success 5.00/5 (100.00%) 4 votes

Entrepreneurship is not everyone’s cup of tea; it’s an art and also a science. In the stance of cutthroat competition, it takes a lot to be a successful entrepreneur because there is no single, definite factor for success — it takes a great idea, a lucrative network of resources, a ton of hard work, and time to create an enduring, profitable business.

To overcome the competition in the market, you need to frequently make or break the logical foundation of your company. Without wasting more time, you need to conclude who your customers are, what their requirements are, what they expect from you, and how you are going to satisfy their expectations. Here is a list of five structured methods by a leading Product Manufacturing Company, GID, to achieve success as an entrepreneur.

Question Yourself – Before you start searching for answers, pen down all your questions related to your project. Questioning yourself will help you in exploring the possibilities for product development and marketing. For instance, if you are planning to manufacture a new product for your targeted customers, then ask yourself what exactly your customers require. Even if you already have an idea, you must know exactly what problem you are solving. If you are promoting your product, then ask why your customers would be interested in purchasing your product.

  1. What ingredients are required for a successful product?
  2. How can I make my product cost effective?
  3. How to engage targeted customers?

Research your subject – Once you are ready with the list of important questions, you must start finding as much information as you can on the subject. There are two main sources of gathering relative information – competitors and potential customers. Be honest and serious with whatever you do, pick some people from your targeted audiences, and find out what makes them tick. Your competitors and their products are the pool of the more valuable information for you. Try hard to find out what they are doing, how they are doing it, and most importantly, how you can make it better. You need to adopt a unique approach that distinguishes you from the competitors in the market.

Summarize a calculated business plan – Once you are done with the research work, it’s time to prepare a business plan on a broad scale. A business plan is essential because it formalizes the assumptions you hold. A powerful business plan helps you stay focused and move smoothly towards your predefined business objectives.

Experimenting with your business plan – This is one of the most important steps. To become a successful entrepreneur, it’s not enough to merely summarize a business plan; you have to put that business plan to the test. After you have developed a business plan about your business, say for instance “Women ages 20 to 34 will buy your product to have Y feature,” you need to test the notion. To test the business plan, you can conduct a simple survey, or develop a prototype and present it to a group of beta testers. You can run multiple campaigns to experiment with your business plan.

Review your data and form a conclusion – Experimenting with your business plan won’t mean anything unless you have a way to concretely and objectively measure its results. Methodically analyze qualitative data to form a solid conclusion about your business plan. One most important point to conclude is how much money you are going to spend on a specific project and how much profit it is going to generate.

As an entrepreneur, to get started with enough momentum, you are going to need a great idea. To transform that idea into a money-making product, you are going to need an experienced and affordable product development company in the USA. The business landscape is constantly changing and evolving, adding new information to existing models. To know more about new product development for your business or to discuss the feasibility of your concept, feel free to contact the GID Development Corporation at http://www.gidcompany.com

5 tips for a Successful Product Prototype Development

5 tips for a Successful Product Prototype Development 5.00/5 (100.00%) 3 votes

Are you ready to test your new product concept’s real-world functionality and appeal? With hundreds of advantages, product prototype development is necessary for every business, either small or large. GID, a new product design and development company offers some tips on product prototyping and on how to get your concept ready to launch.

1.   Are you a newbie? Then, start from here:

If you are a newbie or are developing a new product for the very first time, then make sure you know and can explain exactly what you want from your product development company in detail. You have to educate and prepare yourself on the process so that you understand what the company, you hired for product development, is talking about. A virtual prototype is not the same as a prototype; however, some product development companies try to sell them as such. Therefore, it is necessary that you understand the vocabulary to ensure you are getting what you exactly want.

2.   What will you ask your product manufacturing company?

You can investigate a company’s reputation over the internet; therefore, ask for their portfolio to find out what sort of projects they have done and who are their clients. Most importantly, opt for a product manufacturing company that has the experience and skilled workforce to develop and deliver everything you need. For example, the smoke alarm is not an excessively challenging product to develop; however, there are some complicated issues that need to be addressed professionally.

You may find an affordable product development company that can easily address the outer case; but they might probably know nothing about electronics or may be inexperienced in handling electronic issues. For the sake of successful prototype development and bulk manufacturing, you need to find a company that excels in every aspect of product development. Also, keep the design of your product to be developed in mind because, you won’t be happy with a retro designer if you are looking to design something trendy and stylish for today’s generation.

3.   How to vet references for the product development company you hire.

You can cross-examine the references your product development company offers; however, don’t forget to call or visit the Better Business Bureau, before making any decision. You can call the references in the portfolio to find out whether their experience with the company was pleasant or not. Do some online search to see how long they have been in the industry, whether they have been in the news for any of their projects and what customers have to say?

4.   What about the time and cost for product prototype development?

It is always difficult to nail down a new product development project as it depends on many factors, especially manufacturing charges. A product prototype development company may charge you on an hourly basis or on a project basis. A complex project idea will require more time and people; hence, the overall manufacturing cost may go beyond your estimation. As a solution to this problem, communicate as much as you can with your company as it might save time and money. As you offer them all the details, they require to design, your flow and preparedness will eventually propel the pace of the project.

5.   What, if my invention just doesn’t fly?

Thousands of inventors have gone down this tactical path of product prototyping only to finish up with an interesting bookshelf piece. At some point, every one of us has to walk to the end of the board, jump off and pray there’s water in the pool. If not, there are many resources that can help you revisit or decide if it’s time to move on, including the United Inventors Association of America (UIA) and the U.S. Patent and Trademark Office. Whether you choose to move on or carry on, inventor education is the key to making sure you are guided in the correct direction.

The process of product prototype development not only offers life to your concept, but also allows you to test your concept before you begin the bulk manufacturing process. GID offers best-in-the-class product prototyping services to entrepreneurs and inventors who wish to develop and launch new products in a limited time frame. To explore our expertise in prototype development, please visit our portfolio @ www.gidcompany.com/portfolio, or to share your concept, feel free to contact us @ www.gidcompany.com/contactus