Product Development Company in California, Why Develop New Products for Your Business?

Product Development Company in California

Amid the cutthroat competition, every business needs to innovate to stay ahead of competitors. No business can survive for a long time if it continues to offer the same old unchanged products. Innovation and the launch of a new product or service are necessary to gain the upper hand in competition and to increase profits. GID, an established new product development company in California, explains the importance of custom product development for every business.

Here are some reasons, why the lack of new product development can adversely affect the sales and profit margin of a business.

A Business has to Understand the “Needs and Wants” of the Customers

A consumer’s “Needs and Wants” varies continuously. Businesses should respond immediately to these changes through their services and products. Otherwise, consumers will switch to competitors’ products that fulfills their “Wants and Needs” in a better manner. For instance, consumers all around the world are becoming more health conscious, which is forcing companies to launch low sugar, salt and fat products. Coca Cola Zero and Diet Coke are the best examples of new product development, which contains no sugar.

Your Competitors in the Market

Having an upper hand on the competition is the main aim of a new product development. Due to the advancements in the technology, new products are constantly being introduced to a target market that welcomes change and innovation. Nowadays, customers are not scared of trying new products. In fact, they often want the latest product to exemplify their style and status. If your product is successful (hopefully), then competitors will introduce something similar to yours with the aim to share the cake.

According to the tech giant “Google”, they developed Android operating system in order to prevent the technology market, for products such as mobile phones and tablets, begin controlled by a single supplier.

Product Reaches the End of Its Life Cycle

Everything comes with an expiration date. The product launched by you today, maybe on the final stage of its life cycle by tomorrow. Therefore, as a smart entrepreneur, you should introduce new, improved, and updated version. For example, Microsoft has done this by shifting from the Xbox to the Xbox 360 and, now Xbox 360 to Xbox One, continuously refreshing the product to meet the market expectations.

Product is at The Maturity Stage of its Life Cycle

Apart from the expiration date, there are chances that your product may need modification at the maturity stage of its life cycle. After a certain period, it may need modifications and feature additions to stimulate an increase in sales. For example, Nintendo has replaced its DSi console with the 3DS console, which contains additional features, including an extra camera so that you can film in 3D, a 3D screen that does not require glasses, motion sensors and a joystick. The company also launched its Wii U that delivers HD graphics and a highly enhanced experience compared to the company’s previous console, the Wii.

Product May Require Environmental Changes

As a business, we need to capitalize on environmental changes to survive and to earn bread and butter. Here is the best example of environmental changes: Music firms are now selling more music through the internet downloads as compared to that of traditional retail shop. Record companies were pushed into selling through the internet following the success of the website “Napster”. Therefore, it is necessary to sync your business with the latest trends.

Every Product Experiences, Problems

Unfortunately, if your products in the market are facing poor sales, or suffering from a negative reputation then immediately change your product offering. For example, in 2001, the launch of the innovative iPod player reversed the fortune of Apple Computers. Since then, Apple Inc. has successfully introduced the iPhone and the iPad, and raised its share price from $9.07 per share to over $500 per share.

Conclusion

According to GID, a Product Manufacturing Company, new and innovative product development is essential for all businesses. It helps businesses to dodge fierce competition and stay ahead of competitors.

If you do not develop new products for your consumers, then someone else will, stealing all your customers. To survive and for long-term advantages, every business should understand the importance of custom product development.
For any query on product manufacturing, feel free to contact us at https://www.gidcompany.com/contact-us/

Checkout our product EPOCIT.

Tips to Get Started with Your New Product Prototype Development

New Product Prototype Development

Year 2014 is in full swing, and we are sure that most of you would have formally or informally made some resolutions on your to-do list of the year. At the end of the day, most business owners would have vowed to get their product idea off the ground. It is quite easy to fantasize about a new product development and see your product decorated on store shelves; however, there are hundreds of backend processes that need to take place first.

Being a California based product manufacturing company, GID would like to take a moment to discuss some of the necessary steps you can take to get your concept out of your head and get a great “Works-Like” new prototype that will propel you on your way to success. A brand new product prototype development is a key part of making your concept a profitable reality. This is the product that you will put forward to your future investors to convince them. Here are some of the key points you should consider when developing a prototype.

1.   Get Started

As a first step, for product prototype development, you will need someone proficient in drafting software, such as CAD and its variations. First of all, generate a digital mock-up of your product that can be viewed on a 3D plane. Check, whether the connections, balance and angles are mathematically sound.

2.   Try to Keep it Simple

When developing a product prototype, remember that the fewer parts it has, the better. For example, if you are manufacturing an electronic prototype, ensure you don’t have too many complicated connections. If you are offering a physical non-tech product, make is artistically pleasing and simple looking.

Follow the thumb-rule – use as few parts as possible to develop the most consistent-looking design. If it is feasible to combine multiple components into one, then just do it. Try to keep your product simple, as it will produce a unique impression.

3.   Transforming the Digital into the Physical

Now, as you have an optimized digital prototype of your concept, move on to the next step and make it real. Following the diagrams you created on your computer, use cardboard, wood or foam to make a non-functional replica of your product. The process of developing a replica can be time-consuming and frustrating, but it is an important step to get the physical feel of your product. Once it is ready, you need to analyze it to find out whether it is the design you were aiming for or not.

4.   Transforming the Physical into the Functional

It’s time to convert your physical into a real product because meeting your potential investors with a piece of foam can be worthless. List down all the components you need. If it is a tech product, then double check its wiring or hire someone skilled in electronics. Visit your local stores, to purchase all the required materials. Fortunately, if you have access to a workbench and proper tools, then you can create a decent working prototype by yourself.

5.   Refine Your Prototype

Don’t worry, if your newly developed product prototype appears like a high school metal shop project. It is your first time; therefore, chances are it won’t look professional at all. However, keep the physical appearance aside for a while and test the functionality, because if it functions well, then you just have to polish the aesthetics. Possibly, you may need to generate numerous prototypes before you finalize one that is more in line, with what you had wished for in the beginning. However, once you do, you have a presentable prototype for your investors and also for the next production phase.

6.   Include Instruction

Once you present your fully functional product prototype to your investors, you will want to add a printed guide on its assembly. Carry two prototypes with you – one assembled and another disassembled, so you can demonstrate the innards of the product. Make your investors conscious about the costs of all the components and your prospective retail price. This will give them a clear idea of all-important profit margin. However, be careful that companies and investors may steal your concept if you give them too many details. To avoid such circumstances, you can draft a non-disclosure agreement by a local lawyer.

Getting started with a new / custom product development is sometimes a frustrating job. You can use these tips to get your concept on the way to market. Sketch your concepts, do some market research, and start developing some prototypes for your product.

We can help, if you need more information on product prototype development or custom product manufacturing. You can see some of our developed products.

For any kind of assistance, call us at 714-323-1052 or fill this form.

Plastic Product Manufacturing: 5 Ways to Make Things from Plastic

Plastic Product Manufacturing: 5 Ways to Make Things from Plastic

Plastic has revolutionized the entire human dynasty, and as a result of which plastic products are all around us. Products, manufactured from plastic, are durable and lightweight. Further, they possess high resistance to wear, impact and corrosion. Almost every second product in our surroundings, including mobile phones, water bottle, laptops, keyboard, credit cards, etc. are made from plastic and honestly, it is frightening to imagine a day without them. However, the question arises, how are different products manufactured from plastic?

The process of plastic product manufacturing totally depends on the type of product one wants to develop. Here are the 5 most common manufacturing processes utilized to develop a custom product from plastic:

Rotational Molding

Rotational molding is a process normally used to create different types of hollow items. During the process, the finely ground plastic resin is heated in molds, which are whirled on two axis while being warmed in huge ovens. Centrifugal force, on the other hand, propels the melted plastic alongside the walls of the mold. During the entire heating phase, the mold rotates continuously, at all times, to maintain even thickness and to avoid deformation or sagging, during the cooling phase. Various products such as fuel tanks, children’s play balls and kayaks (boats) are developed using this process.

Rotational molding provides tool designers the freedom to produce molds that comprise curves, inserts, and contours, along with company logos and openings for plastic or metal supplements to be placed. Manufacturing costs with rotational molding are lower than injection molding and blow molding.

Injection Molding

If you are planning to develop products from thermoplastic or thermosetting plastic, then injection molding is the best process for you. Molten plastic is introduced at great pressure into a mold that is the opposite of the preferred shape. The mold is stored locked under extreme pressure and condensed so that the product hardens. Once the plastic solidifies, the mold is released, normally automatically, and the final product is achieved. The mold is prepared from metal (aluminum or steel) and accurately-machined to meet the characteristics of the desired part.

Injection molding is normally used to manufacture plastic products, including bottle caps, locomotive dashboards, wire spools, and many other plastic products offered in today’s market. It is the most common process for plastic product manufacturing. It is suitable for manufacturing high quantities of similar objects. There are many advantages of injection molding, including repeatable high tolerance, impressive production ratio, the potential to use different ranges of materials, and inexpensive labor cost.

Blow Molding

Blow molding is a new product developing process used to produce hollow plastic parts. Generally, blow molding is of three different types, stretch blow molding, extrusion blow molding, and injection blow molding.

During the blow molding process, plastic particles are introduced into a hopper and then warmed to form molten plastic. After proper heating, the material (molten plastic) is blown into the form of the mold. As soon as, the material (Plastic) is condensed and cemented the mold releases, and the part is driven out. The blow molding procedure is generally used to develop products such as plastic drums, bottles, fuel tanks, etc. This process is more affordable than injection molding but costlier than rotational molding. As a drawback, the manufacturing procedure is normally limited to hollow forms.

Extrusion Molding

In this process, melted plastic is extruded through a die that offers the correct profile shape. This process is employed to develop products with a steady cross-section. Normal plastic products in your surroundings are made from this process including rain gutters, PVC pipe, straws, etc. Compared to other manufacturing processes, it is relatively low-cost and affordable.

Thermoforming

Thermoforming is a New Product Manufacturing process typically used for warming and casting temperature-sensitive material. It makes use of a wide range of molds and procedures to reach the end product. A thin-gauge thermoforming is commonly used for manufacturing disposable cups, lids, blisters, trays, containers, and many other products for food and common retail businesses. On the other hand, thick-gauge thermoforming is used to develop parts such as refrigerator liners, vehicle doors, plastic pallets, vehicle dash panels, and utility vehicle beds.

How to Protect Your Product or Idea When Pitching It to a Product Manufacturing Company

How to Protect Your Product USA

Most of us have great ideas for new products or services that can boost our profit margin. Unfortunately, we do not have quality resources to get them to market. Instead of small companies, we often look for an established product manufacturing company to help us. If our idea is so unusual, that it is patentable, then before we show it off, we want to have that company sign a nondisclosure agreement promising it will not steal our idea. If you are going through the same kind of threat for your new product idea, then here are some tips to protect your ideas when pitching it to any product development company.

Tips to Protect Your Idea

Hire a local lawyer experienced in your specific industry to help write agreements. Some agreements spell out strict financial penalties, if the signer is found to have breached the agreement. You don’t want to have such harsh agreements that nobody would sign it; hence, hire an experienced lawyer to write it.

Without such protection, winning an infringement claim against your hired product development company may be difficult. If you do come upon a copycat, it may be worth contacting a lawyer to examine the merits of your case. If a product manufacturing company replicated your product and its packaging to the point of creating customer confusion or copied something that is protected under trademark or copyright law, you might have a solid legal case.

However, it is possible that a company would modify your product or design just enough to escape any legal charges. In addition, keeping in mind, applying those legal protections in court can be too expensive. In some cases, a lawyer will first send a cease-and-desist letter, telling the believed offenses and demanding the offender to stop manufacturing the product and possibly pay damages. If the offender ignores the letter, the next step is usually a lawsuit.

Always remember, a lawsuit can be expensive, costing thousands of dollars in legal fees and may take a lot of time from your business. Additionally, there is no guarantee you will win the lawsuit. To collect any money in court, you generally have to prove that you suffered financial damages from the alleged copycat’s action – a feat if your sales are rising.

At the end, the most effective method to protect your new product idea is by being extra cautious about whom you share with. It is worth talking extensively with others in your industry and getting referrals before disclosing your concept to anyone.

GID – A Product Manufacturing Company in California, USA

GID is a new product manufacturing / development company located in California. With years of experience, we love help our clients to design, prototype, test, and develop 100% originally developed products to meet their business needs. Being a reputed product development company, we love to preserve 100% client confidentiality – from concept to fully developed product. Our client confidentlaity is the only reason, why we have been in industry for more than 2 decades. We manufacture your concept only for you.

If you are planning to own a competitives edge over over your competitors by designing and manufacturing a profitable new product, then feel free to contact us at https://www.gidcompany.com/contactus