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Product Development

Product Development Cost Estimation – Things You Must Know

One of the most important things that may not cross your mind when you are thinking about a new product idea is the cost estimation for product development. It is possible that you are thinking about dozens of things and problems your unique and amazing product may solve. But at the same time, it will be beneficial for any individual to realize figure out how deep the pockets are. Knowing your budget will help you focus on why and how you should estimate the cost of the product development process.

Whether you have been in the product development industry for many years or if you are a newcomer thinking of covering the entire market, product design and development cost are the key factors to concentrate your thoughts on. Not only the cost of the product development can seriously affect your business but also it may have a great impact on budget planning. If you are investing your fortune in getting prototype development services, then you will have to face some difficulty if the cost estimation of the overall product development is not appropriately calculated.

Factors To Consider Product Development Cost Estimation

In order to calculate an overall product development cost estimation when we are talking about product development, there are basically some important factors. We can consider the production stages of a new product as different stages or phases of the product development process. Getting a clear idea of all the product development phases will be helpful in guessing the budget required for the product development. Our product development company will make sure to guide you through the entire process. The stages of the product development will involve the following phases:

Design Phase:

In this phase, you will not have a product to showcase but you will have a half-baked idea of how your product should look and function. The choice of material, planning, and designing the product will be the key factors to prioritize in this phase of product designing.

Prototype Phase:

Once the design of the product is finalized, your product moves to the prototyping phase in which a prototype model is developed. The prototyping phase is now a lot easier than before due to the prototyping companies offering new and advanced platforms.

Production Phase:

The production stage comes after the product prototype model is successfully developed and ready. Of course, you can make some minor changes that will help fulfill the needs and requirements of the customers. In this stage, the product is developed finally and you will know the exact cost of the product development.

Distribution Phase:

In this phase, you may have to work with third-party companies to distribute the product. Once you will reach the product distribution phase, you will have a clear vision and goal of the product along with the production and distribution cost estimation.

Hire GID Company – A Leading Product Development Company in California To Develop A New Product

If you are looking for a top-notch product development company in California, USA, then there is no better product design and development company than GID Company. Our expert product developers, engineers, and designers are committed to providing our valued clients exceptional product development services. Want to schedule a free consultation with our highly experienced GID Company professionals? Feel free to give our professional designers and experts a call at +1714-323-1052. Get the latest updates on trending topics and subjects related to product design and development by following us on Facebook, LinkedIn, Twitter, and YouTube. Explore our profile on Clutch , GoodFirms and DesignRush.

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Product Design Product Development

Get Exceptional Product Design and Development Services At GID Company

Are you in search of getting top-notch product design and development services in California, USA? Do you want one of the finest product development companies such as GID Company to develop a rewarding product? If yes, then there is no other product development company better than GID Company.

With having years of experience and expertise in the product development industry, GID Company happens to be the best product development firm in California. By implementing an efficient strategy and following the effective product development process, our well-versed professionals will make sure to develop a market-ready product for various small as well as large businesses.

Most of our clients consider GID Company as one of the top reputed and popular product development companies that offer exceptional product design and development services. As we have been providing consistent and convenient product development services, we share a strong bond of trust and faith with our valued customers.

Not only does our experienced professionals will share each and every detail about the product development process but also our product designers and engineers will ensure cost-effective, agile, and rapid solutions. To get more information or idea about our concept development corporation, feel free to scroll through our official website at https://www.gidcompany.com/.

After understanding your vision and thoughts about the product, our expert professionals will craft out the exact market-ready product that according to your demand.

Once you have hired our well-versed and skilled product designers, they will fulfill all the product requirements and needs. The most important thing that you need to know about our product design and development firm is that we believe in offering unmatchable product quality.

Our clients will never have to compromise with the quality, functionality, and compatibility of the product. Also, you will not have any kind of problem with our charges as we offer cost-efficient solutions. Scroll through our portfolio to learn about the products we recently developed. 

Discuss The Product Development Process With Our Expert Professionals

Choosing GID Company to get exceptional product design and development services will definitely be proven beneficial for your business or firm.

If you have a brilliant and unique idea escalating through your mind about the product you want to launch in the market and boost your business. Then you need to schedule a friendly consultation with our courteous and helpful professionals to discuss your product ideas and requirements as well.

Do not hesitate to give us a call at +1714-323-1052. Make sure to Contact Our Experts and let them handle all your queries or doubts about our product development process. Want to connect with us on social media? Check out our Facebook, LinkedIn, Twitter, and YouTube profiles.

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Product Development

Explore More About GID’s Product Development Process

Whenever we are talking about new product development, the most important part to focus on is how effective and efficient the product development process is. If you are one of those individuals who have been searching for the best product development company in California, USA. Then your search ends here as GID Company is one of the most popular and trusted product development companies that offer exceptional product design in California, USA. It is sure that almost all the steps involved in product development are important but product design happens to be the game-changer. Go through our official website at https://www.gidcompany.com/ and learn some more about how efficient product design and development services we offer.  

Not only our concept development corporation will offer top-notch product design in California but also a powerful strategy to craft out a successful product. As of now, GID Company has been providing product development services to small as well as large businesses for several years. Hence, the product development company shares a strong bond of trust and faith with its wide number of valued clients. For the fact, product designing is not a thing to be taken lightly as it does have a huge impact on the cost, manufacturing, size, and compatibility of the product. To get more information about our impeccable product development process, scroll through Our Process.

There are so many things to consider when you are beginning your venture into the new product development. But among those, the main important things to aim for are having a simple and attractive product design and the product development process. The sales and marketing investment will not have much effect if the product is not designed properly. That’s why it is mandatory for product designers and engineers to do enough research and implement creativity when offering product design in California. Let’s have a friendly conversation to discuss the product development process and its scope. Call us now at +1714-323-1052.

Get In Touch With Us To Get Product Design In California

Offering high-quality product development and product design in California, GID Company believes to prioritize clients’ requirements and needs. Product development, designing, prototyping, manufacturing, and many other product-related services are what we can provide to our clients. Our valued clients will never have to compromise with the product quality as our well-versed expert professionals take care of the quality. Have any doubts or questions regarding our product development process? Feel free to give us a call at +1714-323-1052. You can also contact our helpful staff to get more information about our product development company in California.

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Product Development Product Development Company

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

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 https://www.gidcompany.com/.

You can now have a free 15-minute telephonic conference with one of the professionals at GID Development Corporation. Just call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST.

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Product Design Product Development

Product Design – The Design-To-Cost Aspect

When it comes to product development, most inventors fail to recognize or overlook the importance of the product design. While every phase of the new product development is important, product design phase is something that requires a little bit more consideration. After all, the outcome of the conceived product predominantly depends upon its product design. Product design also affects the manufacturing costs, and eventually the final price, of the product. For that reason, new product design is one very important stage that every inventor should heed to without fail.

New product design has many aspects, but in this blog, we will shed some light on Design-To-Cost aspect. Design-to-cost or DTC is a methodical approach to designing a product in such a way that the cost of product development and manufacturing is minimum. DTC has many components, but we will list only the main ones and explain how to deal with them during the new product design phase.

Materials

Overuse of material has three severe penalties – increase in material cost, increase in production cost, and increase in ecological footprint. Using the wrong type of material also has the same penalties. For that reason, one has to be very cautious with choosing and using the material. One also needs to be cautious with over-engineering – designing a product to be more complicated than necessary. Over-engineering leads to overuse of material. Smart product design, computer analysis, and performance tests help choose the right type of material and eliminate the overuse of material, minimizing the overall cost of manufacturing.

Manufacturability

Designing a product by adhering to the principle of “Design for Manufacturability” can drastically reduce the cost of the final product. Design for Manufacturability or DFM in simple terms is designing a product in such a way that it is easy to mass-manufacture. In order to design a product that is easy to manufacture, inventors should involve the manufacturer in the product design phase itself. A product manufacturer’s advice during the product design stage can save drastic design changes as well as money later on.

Labor

For certain products, usually the ones requiring manual assembly, testing, packaging, etc., the cost of labor can be a major overhead. Inventors should not overlook this labor cost. The number of laborers, as well as the labor-time, should be clearly defined and calculated during the product design phase, and the product design should focus to minimize both the number of laborers and labor time required.

Maintenance

Certain products demand regular maintenance, and it costs a lot. A product design company can reduce such a maintenance cost in two ways:

  1. Create a robust product design – the one that demands less maintenance.
  2. Create a maintenance-friendly product design – the one that is easier and faster to maintain.

Quantities

Production quantities have a drastic impact on both the production efficiency and cost. Designing a new product without considering the required quantities might adversely affect the production efficiency, and it also increases the costs. Estimating the product quantities beforehand during the initial research and product design stages can factor towards the reduced final cost of the new product.

Accessories

Most new products have some accessories, like packaging, components, spare parts, user manuals, and so on. All these accessories add costs to the final product’s cost. Inventors should not overlook these accessories and their costs. Some of these accessories directly complement the final product; hence, accessories should be the part of the main product design.

Logistics

If the new product is targeted for the global market, the product’s logistics costs can be significant. The new product’s size, dimension, weight, fragility, storage, and so on could increase the logistics costs. This logistics aspect needs to be considered during the product design phase so that a definitive design and the proper arrangements can be made beforehand.

New product development is challenging, and one of its stages, the new product design, requires considerable consideration. Numerous aspects are involved in new product design, and it is radically tough for inventors to tackle them all on their own. Fortunately for inventors, there are some new product design companies, like GID Development Corporation, that can help address all the product design challenges and assist in launching a new product into the market.

GID Development Corporation is one of the experienced and leading product design companies in California, USA. Utilizing advanced technologies, like Dassault Systèmes’ 3D EXPERIENCE Platform, which includes SIMULIA, SOLIDWORKS, CATIA V6, and other product design and engineering apps, and their in-depth knowledge accumulated over the years, the veterans at GID Development Corporation help inventors with definitive product designs for their conceived products.

Along with new product design, GID Development Corporation also provides a complete product development service, which includes product prototype development, product prototype testing, production tooling development, production setup, manufacturing setup, and everything in between and beyond. Whether it is product design and development of products with imbedded software, products with electronics, medical device products, electromechanical products, generic products, or special-purpose products, GID Development Corporation will definitely “GET IT DONE!”

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

GID Development Corporation is currently also offering a free telephonic conference to help answer various product design and development-related questions. Any inventor who is interested can just call Jim Grimes, one of the veterans at GID, at 714-323-1052 between 8:00 AM to 5:00 PM PST.

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Product Development Product Development Company

ElectroMechanical Products – Get It Done at The GID Development Corporation, USA

Electromechanical product development is not a difficult process but, yes, a bit more complex than ordinary product development processes. It includes the same of sets of manufacturing stages including, conceptualization, designing, prototyping and bulk manufacturing. But, what are exactly electromechanical products?

Electromechanical products can be defined as products with both electrical and mechanical parts. The whole process of electromechanical product development remains the same as the routine product development, the only difference is, realizing and manufacturing of these products necessitates supplementary mechanical and electrical engineering. The process of integrating electrical engineering and mechanical engineering in a product may sound simple, but in fact, it’s a complicated process demanding 100% precision.

The branch of electrical engineering is widespread with in-depth presence in almost every genre of product. It deals with the study and application of not only the electronics and electricity but electromagnetism, as well. While these are some misunderstood topics for a common inventor or a business person, the final products of electrical engineering are all the things that operate on some form of electricity, which we usually see in our surrounding daily activities. This may include products such as power grids to computers to light bulbs to smartphones to spacecraft to automobiles, everything that requires some sort of electricity to operate is a result of electrical engineering.

On the other hand, mechanical engineering is a branch of engineering that is multiple times broader than electrical engineering. This genre of engineering comprises the study and application of thermodynamics, electricity, mechanics, kinematics, material science and structural analysis to name a few. Unlike other branches of engineering, mechanical engineering is also quite difficult for a normal person to understand; however, the final products of mechanical engineering are machines and devices that we find in our surroundings. Most common products in our surroundings that utilizes one or other principles of mechanical engineering are toasters, door locks, automobiles wristwatches, elevators, aircrafts, etc.

In the 21st century, the demand of multipurpose and revolutionary electromechanical products is surpassing every expectation. These list of electro mechanical products involves every product that could make people’s life more comfortable and convenient. Innovators / entrepreneurs have the ideas for awe-inspiring electro mechanical products that could change the way we live and perform our day to day tasks, but conceptualizing and bring those ideas to life is bit complicated or impossible for most of them. Opportunely, there are product design and development companies that help these innovators / entrepreneurs live their dreams.

If you are an entrepreneur or innovator with an idea for electromechanical products, products with imbedded software, medical device products, products with electronics or something similar that can create a buzz in the market, the GID Development Corporation can help.

With more than four decades of industry experience and a significant track record of customer satisfaction, the GID Development Corporation is an American product design and manufacturing company led by industry veterans. Based in California, GID has the in-house teams of product designers, engineers, prototyping experts and project managers to bring ideas to life in the most lucrative manner. For the development of 100% precise product development at reduced cost and time, they utilize the latest technologies, like Dassault Systèmes’ 3DEXPERIENCE platform that includes CATIA V6, ENOVIA, 3DVIA, SOLIDWORKS, 3DEXCITE, and more.

They have the team, technology and vehemence required to the development of revolutionary electromechanical products, products with electronics, medical device products, products with imbedded software, or anything else, GID Development Corporation will “Get It Done.”

Learn more about GID Development Corporation and how they can help you bring your ideas to life Call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST for a free consultation.