Why New Product Development Is Important?

New product development Importance

Well, new product development is what most entrepreneurs and business owners have been searching for. If you have a new, unique, and innovative idea about building a helpful and useful product then you need a professional product development company such as GID Company.

From product prototyping to launching a market-ready product in the market, our well-versed and skilled professionals can help your business grow rapidly.

There are hundreds of things one should consider when it comes to learning about the importance of new product development. But as a business owner or entrepreneur, one needs to think carefully about investing their time and fortune. That’s where our product development company steps into.

Turn your innovative and excellent ideas into reality with our product development company in California. Having more than 2 decades of experience and expertise in providing exceptional services related to new product development, GID Company has such a strong and powerful bond of trust among its clients and customers. If you want to grow your business and reach new heights of success, then knowing about the importance of new product development can open many new opportunities for you and your business. Not only does it help to create brand awareness among the market but also there will be a wide audience your business or product can reach over time. Want to learn more about how product development works? Click Here.

What is new product development?

Basically, new product development is the overall process with several important and essential designing and developing steps or phases to shape a unique, robust, and excellent product from scratch. Being a leading product development company in California, GID Company has a team of highly experienced and certified product engineers who can make your product concept work. Our product developers can guide you through the entire process of new product development after understanding your vision or product idea. It will be possible for you to develop a successful product with the help of our product development experts.

Our well-planned and goal-oriented approach to product development lead our product development firm and our clients to a better future. We offer premium quality services when it comes to new product development. Some of our product development services include,

  • Product Ideation
  • Concept Development
  • Product Design and Development
  • Product Prototype Development
  • Product Testing and Launching

Contact GID Company To Know The Importance of New Product Development

GID Company is one of the most trusted and renowned product development companies in the USA. If you have a brilliant product idea and if you want to turn that product idea into reality, then you should make sure to give us a call at +1714-323-1052. Our product development experts and professionals will be more than happy to answer all your queries and questions related to new product development. Contact Us to schedule a free consultation with us and clear all the doubts in your mind before moving forward to develop a successful product. For regular updates about product development, please follow our social media handles – Facebook, LinkedIn, Twitter, and YouTube

Product Development Cost Estimation – Things You Must Know

Cost Estimation For Product Development

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.

Get Exceptional Product Design and Development Services

Exceptional Product Design and Development Services

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.

Explore More About Product Development Process

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.

3D Printing & Injection Molding for New Product Development

3D Printing & Injection Molding for New Product Development

3D printing technology and injection molding technology, both compete with each other. When utilized in synergy, however, these technologies deliver exceptional results. 3D printing and injection molding both help in rapid prototyping as well as in new product development. Despite the trend for different kinds of 3D printing processes is rising, the actual product manufacturing is done with injection molding. On the other hand, 3D printing proves to be a more effective and popular approach for rapid prototyping.

If you want to learn specifically about 3D printing, read this blog. If you want to learn specifically about injection molding, read this blog. If you just want a quick comparison between 3D printing and injection molding, then continue reading.

3D Printing & Injection Molding

Well now, what is the difference between 3D printing and injection molding? 3D printing and injection molding are both completely different. There are different types of 3D printing techniques, but among them, the most prevalent one is Fused Deposition Modeling (FDM). The FDM 3D printing technique works by melting the material, commonly plastic, and shaping an object by ejecting the molten material, one drop at a time in succession. The FDM 3D printer follows inputs from a design file, created by the CAD software, and basically “prints” the object layer by layer.

Injection molding, on the other hand, works by melting the material and injecting it with pressure into a pre-designed metal mold. The mold, usually of steel or aluminum, has a cavity of a certain shape in which the molten material is forcefully filled. The molten material in the cavity of the mold stays for a while to cool and harden. Once the material is sufficiently cool, the mold opens, and the material is ejected, as a definite object.

What about the time? 3D printing a single object takes considerable time than a single injection mold cycle. In order to 3D print a complex object, it might take many hours. Whereas, injection molding can produce the same object in a matter of minutes, provided that there is a definite mold for the object, made and available beforehand.

What about the cost? Injection molding, especially for a basic object or part, is substantially more expensive than 3D printing. When it comes to new product development, you first need to design the prototype of your product. In the case of 3D printing, this prototype design will be the first and last step. Once you have the prototype design, all you need to do is upload it to the 3D printer and press “print.” In a matter of minutes or hours, depending on the complexity, you will have your part ready.

In the case of injection molding, prototype design is the first step. After prototype design, the next step is designing and creating a definitive steel or aluminum mold, which helps produce the part. Making this mold is actually very expensive. Nevertheless, with the mold ready, you will be able to create numerous identical parts, which may prove economical in the long run.

What is the future of product manufacturing? Now, one thing is certain, the 3D printing technology is advancing quickly. Currently in the market, there are different types of 3D printers available. Among those, the most common type is a Fused Deposition Modeling (FDM) 3D printer. FDM can efficiently 3D print plastic parts. It does prove to be ideal and economical for creating plastic parts for product prototypes.

When used in conjunction with injection molding, however, the overall product development or product manufacturing will prove to be efficient and cost-effective. For product prototype development, you should use 3D printing. After developing the prototype and enhancing it to make it free from any defect or error and ready for mass production, you should employ injection molding, through which you can manufacture parts in bulk quantity, swiftly and inexpensively.

New product development is never easy. It demands significant time, money, efforts, and resources. A coherent approach to new product development, however, can ease the heartache of manufacturing new products.

Need help with new product design and product development? Get in touch with GID Development Corporation today. GID Development Corporation is one of the leading product development companies in the US. Based in California, GID Development Corporation provides agile and economical product design, rapid prototyping, product development, product manufacturing, and other product fulfillment services.

No matter how complex the conceived gadget or product is, GID Development Corporation, an expert product development company in California, will help you realize it. To learn more about GID Development Corporation, visit https://www.gidcompany.com/.

Have any questions regarding 3D printing, injection molding, product design, or product development? GID Development Corporation is offering a 15-minute, FREE telephonic consultation. Just call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST.

The Costs Involved in Taking a New Product to the Market

Taking a New Product to the Market

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, or 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 https://www.gidcompany.com/.

A FREE 15-minute telephonic consultation is available! Just call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST.