Tag Archives: product prototype development

The Costs Involved in Taking a New Product to the Market

New Product Development Cost
The Costs Involved in Taking a New Product to the Market 5.00/5 (100.00%) 1 vote

When it comes to realizing a new product idea into the physical form, many entrepreneur inventors underestimate various costs that are involved. These inventors underrate not only the product development costs but most of the other vital costs as well.

Underestimating the costs is especially true for medical device products. Inventors should never make the mistake of misjudging various costs, as it can hinder their success. Rather, they should learn and know all the different types of costs involved in bringing a new medical device product into the market.

Remember, the total cost to take a new product from just a mere concept to a mass-manufactured product widely varies. If it is a complex product, the total costs may reach to a hefty figure. Anyway, let us look at some of the most common costs that are involved when it comes to realizing a new medical device product into a physical form and taking it to the market.

Product Design Costs

The conceived product idea needs to be elaborated, and product design helps in this regard. Rough, hand-drawn sketches are carefully drawn into proper drawings by the professionals. These drawings are then elucidated even more using computer applications, like CATIA, SOLIDWORKS, etc.

While creating the drawings or 3D models using a computer application, many changes are also made and tested in order to achieve a definitive and feasible product design. Making professional drawings and computer-generated 3D models requires experience and skills, and it costs a reasonable amount of money. The computer application itself, by the way, will cost a substantial amount of money.

Product Prototyping Costs

Every new product idea needs a prototype. Based on the definitive product design, a product prototype can be made. A product prototype gives the clear understanding of how the conceived product will physically look, feel and function. At the same time, a product prototype helps test the conceived product, eliminate any defects, and enhance certain functions.

Product prototype development is a complex task as it involves creating near perfect examples of the final product. It is arduous and intellectually challenging job. It will cost a substantial amount to develop definitive product prototypes.

Product Development Costs

Based on the product prototype, the final product is developed. Since it is a medical device product, the product development costs can be broken down into (normally) three groups: the mechanical, the electronic, and the plastic.

While the mechanical and electronic do all the magic, the plastic is responsible for holding the product together. Sometimes, instead of plastic, other materials may be used, but plastic is the most common, versatile, and economical material of choice.

Normally, the mechanical and electronic will be the most difficult and expensive to develop, and they will share a big proportion of the product development costs. The plastic parts or components will, comparatively, cost less to develop.

Copyright, Licensing & Certification Costs

While the normal copyright and licensing costs may not be exorbitant, the fees that inventors have to pay, if they hire professionals, are something worth considering.

For novice inventors, the process of acquiring the copyright and other licenses may seem overwhelming. At the same time, in order to protect the invention, acquiring the copyright and licenses is essential. For that reason, inventors may need to hire professionals who would help obtain the necessary copyright and licenses. These professionals will charge fees that are worth considering.

For medical device products, inventors need to obtain certain certifications from the US Food and Drug Administration (FDA). Acquiring these certifications will also cost some money.

Production Setup Costs

Inventors need to set up production facilities in order to mass manufacture the conceived product. Establishing a production facility is no easy feat, and it requires a considerable amount of capital.

Since it is a medical device product, hybrid production facility, which can mass manufacture and assemble mechanical, electronic, and plastic components, needs to be set up. Further, because it is a medical device product, the facility also needs to have a sterile environment. Forming such a facility will cost a massive amount of money.

The inventors, of course, have the option to partner with existing manufacturers, but that will also cost – not as much as establishing own facility, but a significant, nevertheless.

Well, these are just some of the common costs involved in materializing a new medical device product into a physical form and taking it to the market. Other costs such as branding, packaging, logistics, marketing, and so on are also involved.

If you are an inventor and need help in realizing a new medical device product and taking it to the market, then GID Development Corporation can help. A product development company in California, GID Development Corporation specializes in new product design, product prototyping, product development, plastic product manufacturing, and other product fulfillment services.

Whether it is medical device product development, electromechanical product development, sports product development, generic or special-purpose product development, GID Development Corporation will surely “GET IT DONE!”

Want to learn more about the professional product development company in California, GID Development Company? Just visit http://www.gidcompany.com/.

A FREE 15-minute telephonic consultation is available! Just call Patrick at 714.528.2482 between 8:00 AM to 5:00 PM PST.

How to Take Your New Product with Electronics to the Market?

Product with Electronics
How to Take Your New Product with Electronics to the Market? 5.00/5 (100.00%) 1 vote

So you have a novel idea for a new product with electronics? How would you realize your product idea and take it to the market? Well, develop a product prototype, get it bulk-manufactured, and start selling! It sounds very simple, isn’t it?

The reality: nothing is simple or easy about introducing a new product into the market. And, it is even more challenging and arduous when it comes to introducing a complex product, like a new product with electronics, to the market.

Most budding innovators have the false impression that they can take a new product from concept to consumers in a short time, like within a year. That is not true for most products – even untrue for simple products.

Taking a new product with electronics to the market is expensive. Most innovators and startups do not have enough money or risk tolerance to create a definitive product in one step. If they, however, take several small steps, they can get success with their new product. Here is what an innovator or startup should do in order to realize their product and take it to the market.

Validate the Product Concept

In order to prove your product concept, the best thing you can do is create a product prototype. You will need to have a functional prototype of your conceived product. While developing a prototype, ensure to keep the cost of development as low as possible. Since your conceived idea is for a product with electronics, you will need to use breadboards as well as certain electronic modules.

A breadboard helps create an electronic prototype without the need of a specific or definitive PCB (printed circuit board). A breadboard is generic and reusable, so you can create any circuit on it again and again. It is an excellent board for creating and experimenting electronic prototypes.

To create a prototype for a product with electronics, you can also use Arduino. Arduino is a popular electronic development kit, which helps create advanced prototypes for products with electronics. Arduino is a microcontroller-based kit, and the best thing about it is, it is very inexpensive.

Electronic modules are those components that are designed to perform specific functions. For instance, electronic modules may be used to execute functions like video capture, GPS, Bluetooth, and Wi-Fi among many others.

While a product prototype is not something that you can sell into the market, it is certainly the “Thing” that helps you prove, your conceived product idea actually works.

Validate that the Product Will Sell

In order to prove that your conceived product can actually be sold in the market, you will need to create a definitive prototype – a close substitute for the final product. This close substitute or definitive prototype needs to be produced in a small quantity so that they can be sent to the market for testing and getting valuable feedback.

Innovators will never know what the customers precisely want. They can assume, but will not know what the potential users actually want. The best way to know what the customers want, however, is with their feedback!

So to create a close substitute or definitive prototype for your product with electronics, you will need to look farther than electronic development kits (breadboards and Arduino). What you will need is actual printed circuit boards, specifically designed for your conceived product. On this PCB, you will need to integrate actual electronic components. This prototype should perform all the functions that are expected in the final product.

Unlike initial prototypes, creating definitive prototypes is challenging. Therefore, partnering with a product prototype development company that has experience with the development of products with electronics is a good idea. Such a product prototype development company has the knowledge in the field of electronics, and will help create definitive product prototypes that can be put on the market for testing and getting feedback.

Now the Profit

In order to make the profit, you need to create a perfect final product or an archetype, bulk manufacture it, and send the bulk-manufactured product to the market to the actual customers. An archetype of a conceived product is created after eliminating defects and improving certain functions based on feedback received on the definitive prototype.

Once the archetype is ready, the next step is to partner with a manufacturer. Since it is a product with electronics, it will need a plastic casing. Therefore, you need to partner with a unique plastic product manufacturer who not only specializes in plastic product manufacturing but also in handling electronics. If the unique plastic product manufacturer has the experience in helping take the bulk-manufactured products with electronics to the market, then it is an added advantage. Else, you will need to find professionals who can help bring your new product to the market.

If you have a unique idea for a new product with electronics and want to realize the product and bring it to the market, then professional help is available! GID Development Corporation, an eminent product design company in California, helps innovators in designing, prototyping, and developing a wide range of products, including products with electronics, electromechanical products, products with imbedded software, sports products, medical device products, and more. Aside from product design, product prototype development, and new product development, GID Development Corporation also specializes in plastic product manufacturing. With its plastic product manufacturing specialization, GID Development Corporation can help bulk manufacture a wide range of products. The professionals at GID Development Corporation also assist innovators to take their new products to the market.

To learn more about GID Development Corporation, a leading product design company in California, visit http://www.gidcompany.com/.

You can now have a free 15-minute telephonic conference with one of the professionals at GID Development Corporation. Just call Patrick at 714.528.2482 between 8:00 AM to 5:00 PM PST.

Getting a Product Prototype Developed

Getting a Product Prototype Developed
Getting a Product Prototype Developed 5.00/5 (100.00%) 1 vote

Product prototype development is one very important step. No entrepreneur inventors can successfully bring a new product to the market without having a prototype developed for it first. A product prototype is the first physical form of a conceived product idea. It gives a better perception, whether the product would work or not. A product prototype also helps identify any problems that the product may have; knowing what the potential problems are beforehand will help eliminate those problems and make the final product better.

For entrepreneur inventors, product prototype development can be radically tough. Fortunately for them, they do not have to make prototypes themselves, as there are many product prototype development companies, engineering firms, machine shops, and other specialized places that can create product prototypes swiftly. Here are some steps that entrepreneur inventors should consider when it comes to product prototype development:

Step 1. Create conceptual sketches of the imagined product, and then create exhaustive drawings for the same. To create conceptual sketches, inventors can try the traditional approach – use a pencil / pen and papers. They can also hire someone to draw the sketches. Rough sketches of the conceived product are necessary. Based on these rough sketches, inventors should get the detailed drawings of the product drawn on the computer. CAD (computer-aided design) applications can help in this regard. These detailed drawings are what inventors need in order to explain their product concept to the prototype development company.

Step 2. Search and team up with a good product prototype development company that can help create reliable prototypes based on the requirements and detailed drawings. If the conceived product is to be made from plastic, partner with a product prototype company that specializes in plastic product manufacturing. If it is to be made from metal, seek a company that specializes in creating metal prototypes. If the conceived product is to be made from thermoplastic, rubber, ceramic or other such malleable materials, then approach a prototype development company that specializes in rapid prototyping or 3D printing (additive manufacturing). Rapid prototyping and 3D printing, by the way, are modern processes that facilitate swift product prototype development.

Note: Get the prototype developed of the same material you intend the final product to be made of; that way, you can get the proper understanding and feel of the conceived product.

Step 3. Redevelop the prototype, until it becomes the archetype of the conceived product. No one can have the perfect prototype on the first try. Several prototypes need to be developed in order to get the archetype, based on which mass production can be initiated. There are certain technologies available, like DS 3DEXPERIENCE Platform, which includes SOLIDWORKS, SIMULIA, GEOVIA, CATIA V6, etc., that help create swift and accurate prototypes; yet, at least, few prototypes need to be made. Often, the redevelopment of prototypes arises due to functional or structural changes; however, other factors may also incite the redevelopment of the prototype.

Step 4. Initiate the mass manufacturing based on the archetype or final product prototype. Now that the archetype or the final product prototype is ready, which is perfect in every sense, entrepreneur inventors should proceed with mass production of the conceived product. Partner with a reliable product manufacturer or, if the budget is not the constraint, set up your own manufacturing facility. Once the product starts rolling out in bulk quantity, take it to the market and start selling to the potential customers.

If you need help with product prototype development, then get in touch with GID Development Corporation. A leading product prototype development company in California, GID Development Corporation not only provides prototype development service, but product design, product development, and other product fulfillment services as well. Just head over to http://www.gidcompany.com/ to learn more.

GID Development Corporation always believes in assisting their customers in any way they can; hence, they are currently offering a 15-minute free telephonic conference to answer various product design, product prototyping and product development-related questions that the entrepreneur inventors may have. All the entrepreneur inventor needs to do is call Patrick at 714.528.2482 between 8:00 AM to 5:00 PM PST.

Prototype Development of Products with Electronics

Electronics Products Prototype Development
Prototype Development of Products with Electronics 3.00/5 (60.00%) 2 votes

Do you have a great idea for a new product with electronics? Want to materialize your idea into a real product and take it to the market? Well, the first thing to do is to develop a working prototype. Prototype development of products with electronics is essential in order to test and try the products before introducing them to the actual consumers. So, where should you begin when it comes to prototype development of products with electronics?

Prototype development of products with electronics is, no doubt, challenging and expensive. You also would not get the desired results immediately without a prototype. If you, however, break down the product prototype development process into manageable steps, it is possible to succeed with the working prototype.

Prototype development of most products with electronics can be divided into two segments – the electronics segment and the plastic case segment. Let us have a look at each of these segments.

The Electronics Segment

Developing a prototype of the electronics segment of your conceived product can be divided into four steps.

If you are well-versed with electronics or if you are a do-it-yourselfer, you can skip the first two steps. Else, you will need to team up with a product prototype development company that is experienced in the development of prototypes for products with electronics.

Step 1. Create the Schematic

The first step in the development of the electronics segment is the creation of the electronics blueprint or schematic for your product. This blueprint states all the important details to build the electronics segment, including how the necessary components and modules are connected together.

Which components are needed will also be specified in the schematic. A bill of materials (BOM) or associated list will be prepared, itemizing every electronic item.

Step 2. Develop a Basic Prototype

Depending on your project and your budget, you may or may not want to develop a basic prototype of the electronics segment.

In order to create basic prototypes for the electronics segment, you can use breadboards. Utilizing breadboards, you can somewhat crudely, but fairly quickly connect various electronic components. If your project requires advanced electronics, you may also use ready-to-use modules like the Raspberry Pi and Arduino.

Step 3. Design a PCB Layout

You will, at some point, require a production-quality prototype of your conceived product. And in order to create a production-quality prototype, you will require the design and creation of a PCB (printed circuit board).

A printed circuit board is a custom-designed board that holds and connects all the necessary electronic components. Utilizing a special computer application, electronic engineers can turn the schematic of the electronics segment of the conceived product into a virtual layout. Designing a PCB layout is challenging because anything out-of-place can have a big impact on the performance of the final product.

Step 4. Fabrication of the PCBs & Assembly of the Electronic Components

After having a definitive PCB layout, you will need to send the layout to an electronics prototype development company for construction. Such a prototype development company will first fabricate empty PCBs.

After the fabrication of the PCBs, the next step is to assemble the various components on the PCBs through soldering. Most of the modern electronic components are minute and compact, making it very difficult to solder them manually. Therefore, a product prototype development company might employ automated machines to solder the compact and minute electronic components.

The Plastic Case Segment

Most products with electronics need some enclosure, and plastic cases are often the best choice. In order to create a custom-shaped plastic case for your prototype, you will need to utilize 3D printing or CNC machining.

Step 1. Create a 3D Model

You need to first design a 3D computer model of the required plastic parts. Unless you are proficient at creating 3D computer models, you will need someone expert for this step.

Even if you are capable of creating 3D computer models yourself, the computer software required to create definitive 3D models is very expensive; hence, it may be in your best interest to hire a 3D modeling expert.

Step 2. 3D Printing

Once you have the 3D model of the plastic case or other plastic parts, you can send the design files to a 3D printer for effortless and rapid prototyping. If you do not have a 3D printer, you can approach a prototype shop that offers a 3D printing service.

On the other hand, you can also procure your own 3D printer. In the past several years, 3D printers have become cheap enough for personal use.

For the large-scale production of certain plastic cases and parts, however, a completely different technology is utilized. It is called high-pressure injection molding. Shifting a plastic design from a mere prototype to full-scale production is a complex as well as an expensive process. Therefore, teaming up with a plastic product manufacturer, that specializes in plastic product manufacturing with different techniques, will be a wise move on your part.

Product prototype development is vital. Once you have a working prototype of your electronic product, you can proceed to get potential stakeholders, customer feedback, and a mass manufacturing partner. The path to success of a product with electronics is long, but it all begins with a product prototype.

If you need help with prototype development for products with electronics, then get in touch with GID Development Corporation. A new product prototype development company in California, USA, GID Development Corporation utilizes state-of-the-art technologies in order to develop precise product prototypes quickly and economically.

Aside from product prototype development, GID Development Corporation also provides product design, product development, and other product fulfillment services. GID also possesses the skills and knowledge of a plastic product manufacturer that help them develop various plastic parts, components, and cases using different injection molding techniques.

Whether it is design, development or prototyping of products with electronics, products with imbedded software, mechanical products, electromechanical products, medical device products, or any generic or special-purpose products, GID Development Corporation will certainly “GET IT DONE!”

To learn more about GID Development Corporation, visit http://www.gidcompany.com/.

If you have any question regarding product design, product development or product prototype development, simply give GID a call. Currently, GID is offering a free 15-minute telephonic conference. So, just call Patrick McCarville at 714.528.2482 between 8:00 AM to 5:00 PM PST.

Product Prototype Development – Why Its Necessary?

Product Prototype Development
Product Prototype Development – Why Its Necessary? 5.00/5 (100.00%) 2 votes

Undoubtedly, product prototype development is one of the most necessary steps when manufacturing a new product from scratch. But what is a product prototype? In simple terms, a product prototype can be defined as a tangible version or a ready to test version of a product to be developed – which you can touch, feel, and see. A prototype lets you test your concept in the primary stages before you move on to the bulk manufacturing phase and offers you an opportunity to make your final product more successful and customer-centric.

Its 2016, and the importance of product prototype development has increased with every passing day. It is necessary because, it allows you to feel your concept, it lends you an opportunity to attract potential investors and customers, and most importantly, it allows you to test your concept before you proceed towards to final manufacturing phase. Whether you are planning to develop an electromechanical product, a product with imbedded software, a plastic, metallic, or fabric product, or a medical device, there are tons of advantages of getting a product prototype made.

Here are some of the most common reasons that justifies, “Why Product Prototype Development is Necessary Before New Product Development”, and they are as follows;

Product Prototype Saves Precious Time:

When you consider launching a new product into the market, time is a most important factor. You need to manufacture and launch your product in the market before anyone else does it. Product prototype development eliminates much of the time that is required or unnecessarily wasted to create patterns, custom tools, and multiple molds for conventional molding. It lends you an opportunity to save time that might be wasted between the initial designing and the analysis, eventually reducing your product’s time to market. A product prototype can be developed easily to test features, performance and usability that would have consumed more time by using the traditional method. Rapid prototyping saves your time; hence, you can get your product in the market fast before your competitors.

Product Prototype Opens Up Innovation Opportunities:

Another crucial benefit of prototype development is that you or the product development company you hire have the freedom to create mockups that are complex in surfaces and shaped without worrying about precision. As you get multiple opportunities to modify (both functionally and aesthetically) your concept before final manufacturing process, rapid prototyping takes the creativity to the next level.

Product Prototype Saves Your Money:

In terms of time and money, manufacturing a new product from scratch is always a matter of risk. Real innovation always comes with a risk of failure. Thomas Edison once said, “We now know a thousand ways not to build a light bulb.” Rapid prototype development saves your hard earned money, because it helps you identify and weed out the approaches that don’t work.

Product Prototype Reduces the Risks of Errors:

Simple looking product errors can lead to complex problems in a long run. Rapid prototyping eradicates the probabilities of such tiny errors that can lead to product failure. A product development company can recognize errors and faults, and make fast modifications before bulk manufacturing takes place. Prototyping ensures that the final product is designed and developed as per our expectation. The success of the envisioned product predominantly relies on the prototypes.

If you have a product idea and are looking for a product prototype development company that can help you create a final prototype, then GID Development Corporation can certainly help.

Based in California, USA, GID Company is a product design, product development, and product prototype development company. Whether you are planning to develop products with electronics, products with imbedded software, electromechanical products, medical device products, any other types of products, GID Development Corporation has the skills and vehemence to bring your concept to life. Along with over-the-top designing and manufacturing services, GID also offers promising prototyping services that help take a product concept to reality and into the hands of prospective customers.

To learn more about GID Development Corporation, visit http://www.gidcompany.com/ or call Patrick for a free consultation at 714.528.2482 from 8 AM to 5 PM PST Monday through Friday.