Product Development Company, Explains How 3D Printing is Reviving Retail Industry

3D Printing

Product Development Companies across the globe uses 3D printers in manufacturing new products having a unique set of features. Few years before, 3D printing was a unique category and posh technology with limited real-world application; hence, its use was limited and restricted to specific manufacturing processes. However, with the advancement in manufacturing technologies, 3D printing is widely used in manufacturing products for different industries, including healthcare, aerospace, automotive, musical instruments, and consumer durable products to name a few. As per a report from “ReportBuyers”, the demand for 3D printing across the globe is forecasted to grow at a CAGR of 45 percent over the period 2014-2019. – The Global 3-D Printing Market to be worth $21.5 Billion by 2025.

As 3D printing is likely to transform into one of the groundbreaking business technologies that every office will have by 2020, the retail industry is enjoying specific help from inventions developed with 3D printing.

Simplified Product Prototype Development Process

A product development company uses 3D printing as a common tool for product prototype development; however, it recently gained grip among retailers and investors. According to John Hauer, CEO and Co-Founder of 3DLT, the easy use of rapid prototyping a custom product with the help of 3D printers will guide to more localized product development, which will help decrease supply chain expenses and produce a superior product from the foundation. He also stated that due to revolutionary advancement in 3D printing technology, product’s time to market is reduced drastically, possibly as well-designed new products with useful customer reaction as they are able to test a fully functional prototype of the product.

John Hauer also said that retailers normally spend thousands of dollars – and sometimes millions and billions – trying to predict what varieties of products they should be purchasing. 3D printing allows product manufacturing companies to produce and supply custom products in limited quantities in real times, offering honest vision into which products will truly create demand. For instance, if a 3D prototype is acclaimed by end-users, it can then be bulk manufactured through traditional manufacturing processes to satisfy rising demand.

More Selection in the Cloud with Less Cost

Retailers like Staples are carrying 3D printing to their store locations to check the value of offering the service to their clients and simultaneously, making them aware about the technology.

Imagine 3D printing as a workshop in the cloud that facilitates a retailer to provide thousands of extra SKUs to its end-users without demanding more space for inventory. As a 3D-Printed product normally occur as a template saved to the cloud, the product is set to be developed in intended amounts once a purchaser is planning to buy or the request is there for a specific product line.

The retailer and consumer both gain from reduced supply chain expenses, along with the ease of using a product from a mutual network. John Hauer said, “The idea that you can have a product when you want and where you want—there’s some value to that. Maybe consumers will be willing to pay more for that.”

With every passing day, more and more businesses consider 3D printing along with other progressive technologies such as the Wearable Tech and Internet of Things, prospects for innovation. The future of 3D printing is very bright, and as an entrepreneur, if you don’t focus on advantages offered by these emerging business tools, then unfortunately, you are likely to be left behind.

To know more about how 3D printing and other relative technologies can help your business flourish, feel free to contact product development experts at 714-323-1052. GID is a product development company based in California, USA, having a strong portfolio of innovative product development. Professional services of qualified and experienced product designers and engineers at the GID Development Corporation guarantees long-term success. To discuss the feasibility of your concept, contact them at https://www.gidcompany.com/contact-us.

Hire the Services of a Leading Custom Product Manufacturer in the USA to Make a Big Difference

Custom Product Manufacturer in the USA

Inventors are actually innovative, aspiring people, who know Why a Company should Consider New Product Development in 2015. As soon as they see an ordinary problem, they immediately start visualizing a practical solution for that problem. Many times, unknowingly, these ingenious people adopt a complex path to bring their original innovation to the attention of prospective buyers and investors. Hiring the expertise of an experienced product manufacturing company can help them easily handle issues such as expenditure and prospective ROI, which have to be at least two folds the cost of product development.

The industry or field of product manufacturing is flourishing in all directions, serving different business entities, including medical, healthcare, aerospace, lifestyle, electronics, and automobile to name a few. Skilled professionals belonging to the custom product manufacturing industry are busy in transforming innovative product ideas into money-making products for their inventors and entrepreneurs. However, the question arises, does an inventor or an entrepreneur need the help of a custom product manufacturer to bring their ideas to life differently? And the answer to this question, up to some extent, is “Yes”. Hiring the services of a custom product manufacturer or new product manufacturing company from a developed nation such as the USA is advisable for countless favorable reasons. They are aware of all the patent laws and regulations as well as have a skilled workforce equipped with all the latest manufacturing tools to ensure flawless product development in any circumstances.

Without the help of an experienced product manufacturing company, entrepreneurs or inventors may have to spend a significant amount of time and effort determining the feasibility of an idea and concluding whether the product is too expensive for mass production. Hiring the services of an experienced product manufacturing company will allow you to take a completely new approach to your concept and help you create it into a tangible product with promising readiness for the marketplace.

When inventors or entrepreneurs hire a good custom product manufacturer, their contemporary product idea will be designed and developed by a team of skilled professionals using the latest designing software such as CATIA V6. Before initiating any manufacturing process, the company thoroughly investigates the feasibility of an idea from different perceptions. A product development company will assign a team of product developers with personnel from the research, engineering, manufacturing, QA, and testing departments to work with you on your idea. These teams can effectively overcome every challenge, including product design, product prototype development, prototype testing, and bulk manufacturing.

Consulting an established custom product manufacturer is judicious because it guarantees success and expected ROI. An experienced product development company will utilize qualitative and quantitative methods (market testing) to help improve your amazing product, distinguish it, and give it the boost it needs to reach potential customers. Working with a custom product manufacturer is the most economical way to develop and materialize the idea you once drew on paper into a tangible product with high value in the market.

How will you create a buzz about your new product in the market before its arrival?

GID Company - Create buzz product in the market

As a responsible and diligent entrepreneur, in the year 2015, it is necessary that you stay focused and prepared with unique business plans that can help your business dodge the dense competition prevailing in the market. There are plenty of aspects that you need to consider before summarizing a powerful business plan. However, in 2015, new product development should be at the top on the list.

New / Custom product development, under the supervision of an experienced product development company, can help you gain a competitive edge, dominate your industry, gain more customers, and eventually make more profit out of limited efforts. Their years of experience, skilled workforce, and technical proficiency can help you manufacture a series of successful products for your end-users. Hence, to ensure success, it is essential that you build a convincing platform and find an established product manufacturing company for the product or service upon which your business will be built.

Along with a product development strategy, you need to focus equally on the marketing plans. Nowadays, the trend of creating a prelaunch buzz about a product to be launched is in fashion. Companies are intentionally leaking specs and rumors in their respective markets to generate curiosity in the minds of the targeted end-users. This is an effective method to promote your product before its arrival and ensure its success. With the intention to help inventors and entrepreneurs to ensure success with their new product development, the GID Development Corporation offers tips about how to create a prelaunch buzz and ensure success of your to-be-launched product.

Tips to Create a Prelaunch Buzz in the Minds of End-users

Create a buzz about features – If you believe that your product is faster, superior, and smaller, or comes in different sizes, colors, and configurations than other competitors’ products available in the market, then you hold a powerful selling strength, and there’s nothing wrong in publicizing it. Release product specifications, contact retailers, and contact your targeted end-users via social networks to create curiosity in the respective market.

Create a buzz about its price – Nobody loves to pay more for any product. If, somehow, you can position yourself in the place of a low-cost provider (not letting go your profit margin), then you have another powerful selling advantage. Nowadays, choosy-generation demands high-quality products, that also is within their budget. However, when it comes to high-end products, saving money isn’t always the issue.

Create a buzz about its productivity – Is your product more productive than competitors’ products available in the market? Can your product save time and efforts? If yes, then revel its features and explain to your customers about its enhanced productivity. If your product is exceptional and can help your customers, they will want it. In the age, where time is money, your products and services should be more productive and valuable.

Create a buzz about its portability – The smartphone revolution has taken the world by storm. Instead of sitting in front of bulky desktops and laptops, people prefer using their smartphones to go online. So, an important question arises — how mobile is your product? Smartphone-addicted generation likes to carry things with them­ — they demand products that are portable.

Create a buzz about its availability – The easy availability of your product is extremely good for your business. Make your products and services easily accessible to your customers. Today, thanks to the internet, you don’t need to confine your products and services in a brick-and-mortar location.

Create a buzz about its innovative features – If your product, which is to be launched, is blessed with something that’s not on the market, then you have a major selling point or competitive edge. Introduce your product in style and sell it before your competitors come along and steal your concept.

Create a Buzz about customer service – Impeccable before- and after-sales service is the most significant thing you can add to any products or services. In the world, where everything travels fast, you should offer top-notch customer service to maintain your reputation in the market.

Do you need more pre-launch marketing tips? If yes, then contact the GID Development Corporation at https://www.gidcompany.com/contact-us. GID is a product design and manufacturing company based in California, USA.

Contact Product Development Company, to Realize Innovations for Your Business

Product Development Company - GID Company

GID product development company has assisted entrepreneurs create landmark and market–expanding new products for more than two decades. The heart-winning product development company’s synergetic approach combines industrial product design, mechanical engineering, and brand management into a modernized, comprehensive product manufacturing process. GID’s result-oriented design and manufacturing values consistently deliver products that not only exceed client anticipations but also flourish in the marketplace.

GID was established with the perception of unifying industrial design and mechanical engineering within a single product manufacturing company, offering clients with a complete product development solution. Since the very first day of its inception, GID never compromised with the quality of the product, neither it occupied itself in developing ordinary products that lacked the potential of making end-users’ life comfortable. Manufacturing innovative, lucrative, and dominating products for different business entities, including medical, automotive, aerospace, personal electronics, etc. was the main objective of the company.

The five factors that make us stand apart and over the ordinary development company are as follows:

We are hungry about innovation– Transforming a client’s concepts, requirements, and challenges into revolutionary, marketable products and successful brands satisfy our hunger for innovation. For over two decades, our hunger for innovation has resulted in the manufacturing of successful products, setting new benchmarks. We have developed heart-winning and innovative products for diverse industries such as electronics, medical, consumer products, industrial, and sustainable technologies.

We love to develop creative solutions bearing complex challenges– Extracting maximum out of the latest technologies to discover workable solutions is decisive in manufacturing feature-rich products that connect with discerning consumers, expand into fresh markets, and succeed through profitability. Our qualified, vibrant, and enthusiastic team of product designers and engineers puts design and product development to new heights of creativity, re-writing the definition of new product development.

We have in-depth, multi-disciplinary expertise– Offering the complete set of product manufacturing services – from conceptualization, product design, validation, prototyping, to manufacturing – is crucial to assisting our clients determine innovation. Creative teams at GID have adequate knowledge, experience, and technical expertise required to effectively handle industrial design, product manufacturing, electronics and software development, and production management services.

We are delivering consistent success– We have a habit of upholding consistency in the manufacturing of new / custom products that realize innovation demands commitment, expertise, and heart. We consider each project as if it is the first, engaging ourselves in every detail yet preserving an all-embracing innovative vision. We hold the track-record of manufacturing products that extracted consistent success for our clients. Completing a project in time and in the agreed budget is our specialty.

We are all on the same table– Maintaining collective, team-based relationship with clients is the key reason that we have produced so many creative products. We work closely with our customers in a friendly environment that unifies the visions, knowledge, and views of every team member to develop revamped, likeable product features and designs that stand above the ordinary and succeed in the marketplace.

Contact GID – A Product Development Company

Whether you are a prospective client or an existing one, we would love to hear from you about your concept. Based in California, GID loves working with clients ranging from startups to large companies. If you have a creative idea, a product design challenge, or a collective opportunity, then contact GID at https://www.gidcompany.com/.

Product Development Company – How to Bring Your New Product to Market In the Most Professional Manner to Ensure Success

New Product to Market - GID Company

We are creative people and innovative by nature, having dozens of new ideas spinning in our head. However, the bitter truth is that only small percentages of ideas ever get started, and make it to the daylight. This happens because most of us don’t initiate the belief that our ideas have the potential to shine in the market, whereas, some ideas fail due to the absence of appropriate tools, skilled workforce, and a flexible marketing strategy to endorse the product.

The task of introducing a new product to market seems overwhelming and far too expensive to most entrepreneurs, but it is one of the most essential elements of new product development. With an objective to help entrepreneurs launch their new product effectively in the market, and to encourage new product development, GID, a product development company in California, conveys some vital information that entrepreneurs should consider before introducing their product to the market. For more information, you contact GID at https://www.gidcompany.com

Know Your Market – When outlining your business plan for launching a new product, it’s critical to thoroughly understand your market and behavior of your targeted customers. Understanding your respective market and customer’s demographics will help you conclude exactly what kind of marketing tactics will work the best.

Points to Consider:

  1. What are your key markets?
  2. Size of your market?
  3. Major competitors and competing product in the market?
  4. Existing opportunities for your product?
  5. Rising trends in the market?
  6. Who are your potential customers?
  7. Requirements and behavior of your potential end-users?
  8. Their buying budget?

Make Proper Research – To research your market, start with the existing, published research information, as it will assist you understand numerous deciding factors such as, how big is your market, whether it is growing or not, what the trends are, and what competitive products are available.

Efforts required from entrepreneurs’ end:

  1. Market and consumer reports
  2. Product and trend analysis report
  3. Trade magazines and events
  4. Consumer media
  5. Statistics released by Government Agencies
  6. Trade press

Marketing Strategy – Powerful marketing begins with a considered, well-defined marketing strategy. A well-informed marketing strategy helps you define your vision, mission, business objectives, and summarizes the steps you should take to accomplish these business goals.

Important Points for Marketing Strategy:

  1. Product
  • – What is USP (Unique Selling Point) of your product?
  • – Competitive advantage?
  • – Why would customers buy your product?
  • – Product manufacturing opportunities?
  1. Price
  • – What price will market take?
  • – What is the supposed value of your product?
  • – Paid or free marketing
  • – Online presence, press releases, social media
  • – Consumer exhibitions, trade events, industry awards

Distribution Strategy – Distribution strategy is equally important when you plan to bring a new product to the market, and is one of the classic “4Ps” in marketing (product, promotion, price, and placement a.k.a. “Distribution”). Remember, when defining how to distribute your new product, use the traditional distribution model as an opening point. The conventional distribution model has three levels: the producer, the wholesalers, and the retailers.

  1. Distribution Options:
  • – Sell your product through wholesale distributor
  • – Sell your product through retailer
  • – Sell direct to end consumers
  1. Factors to be Considered:
  • – Nature of your product
  • – Size of market for your product
  • – Industry / Channel
  • – Key competitors in the industry
  • – Available resource

Above-mentioned tips will certainly help you bring your new product into the market in the most professional and profitable way. When you plan to launch a new product, don’t forget to consider important factors such as your competitors, customers, geographical boundaries, latest demographic data, and trends in your markets.

Contact GID – A Product Development Company, California

For a detailed look at how to manufacture a new product and how to bring it to the market in the most professional manner, contact GID, a product design and development company in California: https://www.gidcompany.com/contact-us

6 Tips by Custom Product Manufacturer, USA, to Transform Your Idea into Money Making Products

Custom Product Manufacturer

Transformation of great product ideas into useful products has made our life more comfortable and luxurious. It not only fuels the economy, but also wins the heart of people wherever it goes. We come across thousands stories featuring successful new product development yet those who fail are left behind alone in the dark to themselves to wonder, “What went wrong?” So, is there any way to help businesses avoid common pitfalls and succeed smoothly? In the industry of custom product development, success is all about the mindset. Instead of concentrating solely on the manufacturing of the new product, an entrepreneur needs to focus as a businessperson from the start.

In the last ten years, being a custom product manufacturer, GID has seen thousands of businesses transforming their original concept into innovative, useful and most importantly, moneymaking new products. In addition, with the rise of the world economy and amazing new resources available for developing, manufacturing, financing, advertising, selling and distributing products, the prospect for innovative product entrepreneurs has never been better than today.

As the need of every new product development is different, the journey of every entrepreneur is also unique. However, just like any other serious endeavor, the decisive steps are the first ones. Here are six tips to get you started on the path of success, and they are as follows:

  1. Treat Your Product Concept as a Business from the Start – When it comes to success in business, there is nothing like a short cut. Before you plan to bring your product in the market, open your mind, analyze your market, understand the market needs, your overall product manufacturing costs, product’s retail price, your profit margin, and competition in the respective market.
  1. Validate Your Market – It is one of the most significant steps in the process of custom product development; however, this factor is frequently overlooked. As inventive people, we are so enchanted and mesmerized by our concepts that we tend to put earmuffs and blinders on. For example, consider that you work for a huge firm like Kimberly Clark, and your task is to advise your boss as to which potential products will fetch the maximum ROI. The simplest, tested, and the most reliable way to learn what your targeted customers require, is to “ASK THEM (customers)”by conducting surveys and by organizing informal focus groups.
  1. Make it Simple – Most times, new product ideas include showy features from electronics to unnecessary whistles that drive up the overall manufacturing cost and the retail price. Manufacturing high-quality custom products with only required features with an appropriate price tag can generate more sales and more profit.
  1. Raise Smart Money – Use microloans, credit lines, crowd funding, and other online funding alternatives that suit your business. For your assistance, here are some names and they are, SoMoLend, Opportunity Fund, Accion USA, Kiva Step Ahead Loan Program, and Kabbage to get going. With little or more efforts, you will easily find a financier for your project.
  1. Develop a prototype of your Concept – Once you are ready with product design, don’t initiate the bulk manufacturing process. Instead, start with something basic like rapid prototyping of the concept that can be refined repeatedly. It does not need to be fancy or costly. The sole purpose of product prototype development is to test the functionalities and to conclude whether your idea is feasible or not.
  1. Business Planning will improve your chances of success – Most entrepreneurs overlook the importance of business planning; however, a strategically designed business plan can help you get to market faster. A business plan will help your products / services gain instant clarity, focus, and market trust. A single business plan can answer many questions at a time such as:
  • What am I manufacturing?
  • Who are my targeted end-users?
  • What is my commitment to my customers and to myself?
  • What are my goals, strategies, and action steps to accomplish these business goals?

In the journey of custom product manufacturing, there are many steps, but with the availability of new resources for product development, as an entrepreneur, you can transform your idea into something really big and conquer the market. You can contact GID, a product design and development company in California, USA, for more tips and for manufacturing new products.

GID, a custom product manufacturer, offers custom plastic and metal product manufacturing services that cover the end-to-end spectrum of the product and service life cycle, including product design to product prototyping to bulk manufacturing. We have different teams ranging from concept improvement to R&D and from product designers to engineers with an unparalleled ability to identify key levers for growth and productivity.

For more tips, you can read our informative blogs on new product development: https://www.gidcompany.com. To explore our potential as a custom product manufacturer, you can browse our portfolio at https://www.gidcompany.com/our-portfolio/.

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