How to Develop a New Product

How to Develop a New Product

Follow these simple steps to develop a new product or to modify the existing product.

  1. Create an idea for a new product or to modify the existing one.
  2. Analyze how this idea will fit your strategy, market position, and manufacturing skills.
  3. Conclude whether your customers are looking for such products or not. What are the unique sales points of your product? Figure out key risks and summarize a marketing strategy accordingly.
  4. Research the level of competition for your product in the market. Learn from your competitors’ successes and failures.
  5. Build a project team responsible for undertaking and monitoring all necessary manufacturing phrases, including conceptualization, designing, prototyping, manufacturing, and marketing.
  6. Plan everything – conclude which activities must be executed first and which can be carried out later or in parallel.
  7. Plan your budget, goals, and timescales – during product development, frequently analyze your goal at a regular interval of time, and if required, modify the strategy.
  8. Analyze possible risk factors associated with the project such as technical errors, patent licensing, etc.
  9. Pen down product specification and convert special features into product requirements. Focus on key selling points.
  10. Ascertain what price your new product will have.
  11. Design the product based on decisive aspects such as marketing, manufacturing and purchasing requirements.
  12. Create a product prototype. This will help you eliminate all the technical and product issues prior to the time of bulk manufacturing.
  13. Get ready for bulk manufacturing and launch the product at the price ascertained earlier.
  14. Keep on monitoring the product success and explore opportunities for more success.

New Product Development

New / Custom Product Development is a process of designing, prototyping, manufacturing and commercializing new products to benefit targeted end-users. It can also involve enhancing an existing product line (both functionally and esthetically) for a particular market segment. This discipline is concentrated on organized methods for guiding all the processes involved in getting a new product to market.

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5 Reasons Why 3D Printing is Used in New Product Development

5 Reasons Why 3D Printing is Used in New Product Development

Whether we are manufacturing a spaceship, a paper clip or anything related to the automobile industry, we are all searching to make something efficient, i.e. faster, better and cheaper. Any innovator or entrepreneur who has tried to accomplish these traits in a single project has realized the challenges of meeting these criteria. Fortunately, due to a remarkable growth in the 3D printing technology over the past decade, triumphing these goals is now a very real possibility.

We are the GID Development Corporation – an American product development company with more than four decades of experience. Here, we explain the top five reasons why 3D printing is widely used in new product development.

  1. Product Designers can Easily Prototype More Iterations Without Exceeding the Timeline or Budget

CAD (Computer Aided Design) software ascended as a useful tool for transforming a concept into a product. This CAD software made it easy for product designers to test their design to a certain extent. However, as tried and tested as the product design software may be, there comes a stage when it’s just easier and quicker to examine the design in real life conditions to receive the useful feedbacks.

3D printing is one of the best solutions, but on the condition that a product designer is not controlled by order approvals and lengthy lead times for product prototypes. Waiting for a product prototype to arrive chokes the creativity of a product designer before moving ahead with the product design. Well, in such a critical scenario, having an in-house access to a 3D printing keeps the product designers’ creativity rolling by offering them more iterations to test in a lesser time frame. With the use of 3D printing, instead of waiting for a design to finish for prototype, product designers can prototype earlier in the design cycle and pinpoint necessary modifications that are needed to be made.

Furthermore, 3D printing also facilitates product designers to split the model into a certain section and just print that portion to prototype and test. Use of 3D printing reduces the print time, decreases the time it requires to get reviews and reduces the overall cost of product prototype development.

  1. Better Collaboration Resulting in Improved Design and Manufacturability

3D printed parts can be used to test and validate a product design, and they can also be used to communicate the design intent to the marketing department, manufacturers and suppliers. As the sales and marketing team can physically see the design ahead of time, they get sufficient time to summarize a potent marketing plan to support the product and to overcome the prevailing competition. Moreover, by sharing a model with your product development company and suppliers will help them determine whether the product can be manufactured within the fixed budget or not. 3D printing helps you identify issues that could hinder the manufacturing process.

You can offer your manufacturers and suppliers an accurate representation of the end product that could help them avert any miscommunication when interpreting the CAD models.

  1. Field Testing Prototypes That Resemble The Final Product Provide Insight Into Potential Design Flaws

With the advancement in the 3D printing technology, the availability of the material choices for 3D printing has come a long way, including a wide variety of material such as, urethane rubbers, water-clear acrylics and full color palettes. In some cases, the actual raw material such as polycarbonate, ABS, and nylon to name a few are used to 3D print. Whereas, in other cases, it can be employed to produce blow molds, injection molds, and patterns for silicone molding.

This allows the development of a product prototype in a material that is actually not available for 3D printing. Field testing a product prototype similar to a manufactured part will generate useful data and could help duck expensive mistakes and modifications later in the product development lifecycle.

  1. Seeing Is Believing

As 3D printing allows the development of product prototype using the actual raw material, targeted customers could test the product without knowing they are holding a prototype. Something that looks and feels like a finished product helps confirm the goals set for the product have been reached. It is advantageous in both the ways; first, it helps you build faith in the product within your organization; and second, it helps you find stakeholders for your project.

  1. Improved Customer Satisfaction

Plenty of design iterations and the succeeding testing of a new product help to make sure you are offering the end-users the best product against their investment. 3D printed product prototypes lead to a successful finished product because vital decisions about the function and feel of the product were made early on in the design process.

About The GID Development Corporation

The GID Development Corporation is a custom product design and manufacturing company based in California. With more than four decades of industry experience, GID specializes in manufacturing new / custom products for different industries, including aerospace, automotive, healthcare, and lifestyle to name a few.

If you have a revolutionary, million-dollar idea that can steer the market in your favor, then come to us. We can help you bring your idea to life in the most lucrative manner.

Find the Best Product Designers and Engineers for Your Product Development

Find the Best Product Designers and Engineers for Your Product Development in California, USA

A successful product design and development absolutely relies on the initial designing and engineering efforts. A team of great product designers and engineers follow an industry certified and suggested product development strategy to help reduce the chances of failure of both short-term and long-term. Well, as an entrepreneur, if you are seeking to hire the best product designers and engineers in the USA, it is requested to think about the below-mentioned tips.

Finding and hiring the product manufacturing services can be a daunting task for a beginner. Collaborating with an inexperienced product development partner can lead to loss of time, money, efforts, and eventually a project failure. When you hire a product designer or engineer for custom product development, it is essential that you ask the right questions and search for the right qualities.

What type of product designer and engineer would be the fit to design and develop your new product?

Experience

Experience is perhaps the most important point to consider. Furthermore, the situation becomes even more favorable if the company is having experience of manufacturing similar products. Ask the right questions to get a clear picture regarding what designers and engineers started and completed on any examples mentioned in their portfolio.

Clear & Concise Communication

Clear and concise communication is one of the pillars of new product development, as it ensures the manufacturing of new product having exact precision. Despite the size of your company or project, always prefer a product designer and engineer who guarantee flawless communication without any middle management. A product designer or an engineer who can translate complex engineering terms in laymen’s languages will reduce customer anxiety and build a business relationship.

Qualifying

Notable engineering efforts comprise qualifying a product and its components so that possible product quality concerns can be recognized prior to bulk manufacturing.

Knowledge of Materials

The experience of working with a wide variety of raw materials can certainly help in eradicating issues that can arise due to the selection of wrong materials. For example, a custom bird banquet designed and developed at GID can be made from many different raw materials – some raw materials are cheaper such as ABS or PVC plastics, and some are costly like stainless steel. A bird banquet made from stainless steel may require increased raw materials and assembly costs, whereas a bird banquet manufactured from PVC or ABS may have longevity issues.

If you need help with your industrial product design and manufacturing efforts, then contact us today at 714-323-1052. We are a custom product development company in California. Moreover, to assist our clients at any point of time, we also offer a free 15-minute consultation. Checkout our product Advanced Tree stand.

Driving Custom Product Manufacturing at an Experienced Product Development Company

Custom Product Manufacturing

If you are an entrepreneur, worried about the fierce competition around your business, then here is a tip to survive. Continuously evolve your product offering, so that your brand stays alive in the market as well as in the senses of your customers and competitors. Custom Product Manufacturing under the guidance and expertise of an experienced product company can help your business to dodge the fierce competition. Companies believing that a new product development on a regular basis is a waste of time and money, and decided to continue with the same old age products, soon found themselves on a slow death march to oblivion.

The current success stories about companies that frequently update their product line and that everyone loves to talk about are Google and Apple. Tech giants like Apple and Google have been successful in evolving their product offering by investing in opportunities that have been tangential to their main business. At the GID Development Corporation, our product designers and engineers are constantly trying to come up with something new for our valued clients by staying on the top of new technologies and design practices. We know that this vigorous approach towards new product development will help us in effectively handling our client’s business requirements. We constantly strive to bolster our product design and development services.

As a leading product design and development company, we have the honor of serving many established brands to help them exploit new business opportunities via technology applications. We have worked with different business entities, including aerospace, automobile, medical and healthcare, lifestyle, and many others. When it comes to tools and technologies, we prefer to stay upgraded as this helps us in finding the most suitable and economic solutions for our clients in the real time. Our four decades of industry and skilled workforce allow us to identify and pursue various market opportunities for our clients.

After bundling up a long list of various opportunities, our team occupies itself in concluding the best opportunity. While everything is certainly a team effort at the GID Development Corporation, we ensure that we are moving in the correct direction, gathering client’s requirements, ideas, and concerns for your custom product manufacturing needs.

Once a right direction has been established, the team of product designers and engineers at GID starts to test the feasibility of the product concept through industrial design. We develop a low fidelity product prototype to validate initial product concepts. This is really a whole team effort, and during the process of product prototype development, every team member is present to pitch their views and comments. During the testing phase, if everything seems perfect and as per expectations, the team will begin the process of bulk manufacturing and eventually, get it to market.

For their clients, the GID Development Corporation has built a valuable business by innovatively applying our industry experience to explore new market opportunities. Since inception, we have built many useful products for our clients having out-of-the-box features. If you are planning to develop custom products to escalate your profit margin, get to know the GID Development Company. We are always interested in hearing new product ideas from our clients. Checkout our product VSK8.

Why a Company should Consider New Product Development in 2021

Why a Company should Consider New Product Development

The year 2014 was quite competitive for businesses, and the competition is expected to reach new heights in the year 2015. Therefore, every business needs to innovate in order to survive and to stay ahead of the competition. Offering the same unchanged products to your customers will decrease your profit margin as well as the reputation of your brand in the respective market. Here, we will summarize some facts about why a company should consider new product development after a periodic interval of time.

Customers “Needs and Wants” Change– Customers’ requirements and necessities continuously change with the time. Therefore, to survive, a company should answer these changes through their services and innovative products. If they fail to cope up with the “Needs and Wants” of their customers, the customers will instantly switch to competitors’ products that meet their requirements and necessities. The tech-giants Google and Apple are the best example. Both of them frequently update their product offerings to satisfy end users’ requirements.

Life Cycle of a Product– Every product comes with an expiration date. The product that you introduced a ways back may be at the end of its life cycle; therefore, as a smart entrepreneur, you should launch new and improved to please and attract your customers. For example, Apple Inc. recently introduced iPhone 6 and iPhone 6 plus as iPhone 5 and 5s were outdated, and end-users were waiting for something amazing and incredible.

Product Reaches its Maturity Stage– Technology has penetrated in every industry, helping them create innovative and more functional products in less time. Because of this penetration, products very soon reach their maturity stage. End-users also constantly search for innovative products with version updates and new features. Introducing new or updated products can stimulate sales.

Level of Competition in the Respective Market– Either small, medium or large, the level of competition around every business is constantly intensifying. A healthy competition inspires a company to come up with new products regularly. This is very common in the technology market, where new products with advanced features are constantly being launched to a target market that welcomes innovation and change. If a product successful, then competitors will try to create a similar product with better features.

Unsuccessful Products– Unfortunately, if your products are facing poor sales or experiencing negative reviews, then it is time to upgrade your product offering.

Despite the size of your business, new product development is a significant activity for every business. There are many over the top advantages of product development, but the most important ones are it allows you to stay ahead of the competition. To know more about why a company should consider new product development in 2015, contact the GID Development Corporation at www.gidcompany.com/contact-us

While considering these facts, businesses should also look into Product Development and Factors to Consider Before New Product Development, which will help them create a new product to survive and to stay ahead of the competition.

Your Own Experienced, Reliable & Affordable Product Development Company in California

GID Company - Product Development Company USA

In today’s world economy, gaining a competitive edge is extremely important. Modernization of the society and advancement in the technology has opened global borders, offering new business opportunities. However, new business opportunities by a broader marketplace bring fierce competition with it. Therefore, to ensure your company receives the best possible price for inventory, high quality products, and on-time delivery of manufactured goods; GID is here with the set of professional product design and manufacturing services in California.

Going strong since its inception, we are GID and are proud to be a reputed manufacturing company in the USA. We work with our customers to create the finest products, strictly obeying the industry standards. We have separate teams of product designers and engineers to offer comprehensive product manufacturing services, ranging from conceptualization to product design and from manufacturing to delivery. Our proven expertise, relationship, and manufacturing processes assist our clients bring innovative, cost-effective, and durable products to market in no time while maintaining profitability throughout their life cycles.

Product Design Service at GID, California – The product should be designed keeping certain points in mind such as end-users’ requirements, their desires and lifestyles. As a part of our product design service, GID carries out design audits of prevailing products, competitor analysis, and frequent communication with user groups and stakeholders. During the early phase of product design, we closely work with our clients to understand their business objectives and to make sure that the new product design satisfies the brand expectations.

New Product Innovation at GID, California – New product innovation is a key to business success and can take many forms – a new feature that beats the competition, a new aesthetic that is more tempting, the integration of new technologies in smart ways, or the usage of new material and manufacturing methods that can save time, money, and enhance performance. Owing to the fact that no two businesses are the same, at GID, we personalize our product development approach as per the needs of the project. We employ an open-minded attitude to all possibilities during the initial phase to ensure that the ideas we generate can provide the best tangible benefits.

Product Prototype Development at GID, California – The product prototype development allows us to test and verify design solutions before committing to bulk manufacturing. At GID, we are equipped with all the latest tools and experienced workforce to facilitate professional prototyping services. Each product prototype is created using the most suitable techniques to test the features required at that particular point in the manufacturing process. A prototype is developed keeping important aspects in the mind such as the look and feel of the product and performance of the product.

New / Custom Product Manufacturing at GID, California – At GID, while manufacturing new products, we focus on different aspects such as end-users’ benefit, user friendliness, cost effectiveness, and other common aspects like product should be easy to assemble, install and maintain. We have the most experienced team of product designers, engineers, and project managers having years of experience in manufacturing products with precise technical specifications, obeying the industry standards. At every stage of product development, we closely work with our clients to ensure that their business objectives are met efficiently.

With more than two decades of industry experience, GID has offered a complete product design and development services to our clients from different geographical locations. With an ideal unification of creative fineness, thorough technical knowledge, skilled professionals, and the latest tools, we have developed revolutionary products of quality and value for many well-known brands. To know more about our product design and development services in the United States of America (USA), feel free to contact us at https://www.gidcompany.com/contact-us