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New Product Development USA New Product Idea

Here Are A Few Important Points To Consider For New Product Development in California!

New Product Development Company in California - GID Company

Whenever we are talking about new product development in California it is sure that there are so many people out there who have no idea where to begin and what should they prepare for. Once you have an amazing and creative idea to develop a unique and amazing product from scratch, it is sure that you will not want to waste your time researching and thinking. That’s why it will be beneficial to have an experienced and skilled product development company like GID Company as a product development partner for your organization or business. For more information please click here.

One should not worry even though you don’t have any idea about the important aspects of product development. Here, we have enlisted a few important points that you should consider before consulting for new product development.

Understanding The Product Development

The first thing anyone should understand is what product development is and its entire process. Product development is an essential process for any business when it comes to developing a unique product from nothing. A well-defined and strategized product development process helps to create a successful product that meets the demands of the market. In the process, gathering data, identifying problems, and coming up with solutions are included. It is vital for any company to have a well-developed process for product development. If you want your product to be successful, you must know about all the aspects of a solid product development process.

Market Research and Analysis

When starting product development, it is important to have a clear idea of what you want to create. This can only be done through market research, user feedback, and various other means. However, if you are looking to create something new, you may want to start by outlining a technology roadmap. One should plan out an effective and efficient product development process and determine what your next steps should be based on the current market trends and competition.

It can be tempting to jump straight into development and see what happens, but this may not be the best way to do things. Planning out your product development process will allow you to take steps that are logical and fit within the context of your product. Doing proper market research and analysis can indeed save you precious time and resources as well as not invest in something that’s not worthy. Accurate market research is the key to crafting a successful product and planning for future marketing and distribution.

Product Development Process

Along with understanding the product development process, it is also important for you to have a clear idea of all the aspects of the process. Following a well-planned strategy will help ensure that your product meets your specifications and features after the development is completed. It is sure that you will not have to worry about anything if you are hiring a product development specialist or expert. But it will be better for any entrepreneur to know everything that’s going to happen while developing a unique product from scratch. 

Marketing and Distribution

Finally, it is important to have a clear plan for marketing and distribution. To ensure your product reaches the market and meets customer expectations, it is crucial for any business to have strong marketing and distribution. By conducting market research, you can identify the specific requirements of your target audience. You can then create a product that meets their needs, reducing friction, and increasing conversion rates. However, one needs to work with suppliers and distributors to ensure that your product is distributed properly and to potential customers. As with any business, you can’t just rely on one person to help you get sales. It will be an advantage to have a professional marketing team to increase sales.

Hiring A Professional Company

To accomplish all your goals and launch a successful product in the market, it is important to consult with a professional and highly experienced product development company to help guide you through the process. They will be able to provide you with tips and advice to develop a desired feature-rich product. Working with a professional will make the process much easier and ensure that you end up with a product that does what you want it to and excels in the market. With the right guidance and planning, the creation of a new product or redesigning of an existing one can be successful.

Schedule A Friendly Consultation With Our Product Development Expert At GID Company!

GID Company is one of the most trusted and leading product development companies based in California, USA. If you want to develop a unique, creative, and market-ready product from scratch then you should discuss your product requirements with our experts. No matter if you are an experienced entrepreneur or a newbie in product development, our highly experienced and expert professionals will provide you with the most logical and genuine recommendations. Keeping all the above points in consideration for new product development in California, it will be easy for your organization to launch a successful product in the market. To schedule a friendly appointment with our experts, Contact Jim Grimes at +1714-323-1052 or Click Here. Get more updates and information by following us on social media – Facebook, Twitter, Instagram, LinkedIn, and YouTube.

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Outsourced Product Development Product Development

Outsourcing: The Best Approach to Introduce a New Product in the Market

Introduce a New Product

A couple of decades ago, entrepreneurs and small companies had to do everything themselves when they wanted to introduce a new product in the market. These days, as the technology advances and people demanding more and more revolutionary products, doing everything in-house may not prove to be possible, at least, economically.

Hiring the right resources, that is, product design experts, product development engineers, prototyping geniuses, marketing gurus, sales whizzes, etc., on a full-time basis, is incredibly expensive, especially for entrepreneurs and small companies. Fortunately, these days, there are several good American product design and product development companies established to whom these small companies and entrepreneurs can turn to when it comes to introducing new products in the market. Outsourcing most of the requirements is a prudent solution, allowing entrepreneurs to get the very best, and only pay the outsource partner when they need its assistance. Here are some of the functions that an entrepreneur can outsource:

Product Design & Product Development

Unless you are a skilled engineer, experienced with creating new products, you will certainly want to outsource the processes of product design and development of your potential product. Even if you are a good engineer, many projects need multiple engineers with multiple skill sets. For instance, any electromechanical product typically needs, at least, a mechanical engineer, electrical engineer, and an industrial designer who can create a suitable casing or enclosure for the potential product. If your concept is for a product with imbedded software, you will definitely need a software engineer.

Further, if a certain portion of an electrical product, mechanical product, electromechanical product, medical device product, or any other product, is complex, you may need multiple engineers with different skill sets. Having such engineers on a permanent basis is expensive and not to forget impractical, as you will not need them on a frequent basis. For that reason, outsourcing product design and product development is the best approach.

Product Prototype Development

Product prototype development is another important function that you may definitely want to outsource. Similar to product design and product development, product prototype development is a difficult process, which requires experience, multiple skill sets, and adequate product prototyping software and equipment. Having full-time product prototyping experts with vast experience and multiple skill sets is again very expensive. Further, acquiring product prototyping software and equipment is also costly. For that reason, outsourcing product prototype development makes sense.

Bulk Manufacturing

Bulk manufacturing is one of those important functions that you should certainly consider outsourcing. Bulk manufacturing a new product means establishing a suitable-size facility, procuring expensive manufacturing equipment, setting up an assembly line, hiring different personnel, and so on. This involves a colossal investment, which may simply prove impractical or impossible for small companies and entrepreneurs. Outsourcing bulk manufacturing drastically reduces expenses as well as risks.

It will be in the best interest to outsource bulk manufacturing to a USA-based company that is capable of small production runs. Once things start to flow smoothly, you can turn to an Asian manufacturer in order to raise your profit margins.

Marketing

Marketing should be the least likely function to be outsourced. No one can do better marketing of your product than yourself. This function should be performed in-house. You can hire several marketing consultants who may perform some research and offer good marketing guidance. Having an in-house marketing team will also provide you a good control over your marketing efforts. Still, if you are a startup with limited capital, you can consider outsourcing the marketing to a specialized agency.

Sales

Similar to bulk manufacturing, this is another crucial function that you should definitely consider outsourcing. Sales representatives or manufacturers’ representatives are an important component in just about every industry. They typically work on a commission, so you do not have to pay them anything until they truly generate sales. It is really a prudent decision to outsource sales.

Outsourcing sales function not only saves money, but it also helps you establish and connect to the wide sales network channels. Selling a new product to distributors and wholesalers usually requires a strong connection, which you will certainly gain by outsourcing to sales representatives.

Well, these are certain functions that are worth outsourcing. There are some product design and product development companies in the USA that can carry out all the functions on your behalf. For instance, check out GID Development Corporation. A vastly experienced product design and product development company in California, USA, GID Development Corporation provides the complete A – Z services, from new product design to product fulfillment and everything in between. Whether you want to take a new medical device product, new electromechanical product or any other type of product to the market, GID Development Corporation will assist in every phase.

Learn more about GID Development Corporation by visiting https://www.gidcompany.com/.

Currently, the leading product design and development company in the US, GID Development Corporation is offering a free 15-minute telephonic consultation with one of the veterans, Jim Grimes. You can call Jim at 714-323-1052 between 8:00 AM to 5:00 PM PST.

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Product Development

Common Mistakes During New Product Development

Common Mistakes During New Product Development

The success of a business enterprise entirely depends upon its products and innovations. Good products and innovations arise from efficient product development strategies. Numerous new products hit the market every week, but not many actually yield the kind of return that the enterprises had expected. So what seems to be the problem?

Most businesses often miss out on several important aspects of the product development process, which ultimately factors to the failure of the entire project. Consequently, they end up overspending and missing the predetermined launch date only to introduce a new product that isn’t precisely the best. In order to avoid this pitfall, what can businesses do? Well, they should avoid the following common mistakes:

Not Performing the Market Research

Prior to the new product development, failing to carry out thorough market analysis and research is one of the biggest mistakes that businesses make.

Not performing the research leads to the failure of the entire project, as businesses have no vital information about what the consumers actually want, how they can meet their demands, and how they can address the prevailing problems.

While every business has deadlines to meet, it is essential to make a habit of performing extensive market research before moving on with the new product development process. This way, businesses can escape any likely mistakes and create a decisive plan that will lead the way for better future product developments.

Not Planning for the Future

A new product development is all about bringing new innovations for the future. Product designers and product developers spend a considerable amount of time in creating solutions that will not only give a respectable return in the present, but also in the future. Not planning for the future factors directly toward bad product development. It will also affect future product development endeavors.

In order to avoid this, ensure to design your new product for the present as well as for the future. This way, you will be able to devise simple, yet useful products with superior features that can also address the future needs. Therefore, when you have a solid idea, ensure to analyze and visualize how it will function and perform in the future with the advent of new technological advancements.

Not Focusing on Product, But on its Benefits

Most businesses believe that a successful new product should offer a number of benefits to its potential consumers. While it is an excellent approach to product development, it may raise several issues and problems in situations where the new product actually cannot provide what was suggested or quoted. Remember, the focus of the product development team has to be on the development of the product itself instead of the benefits offered. Eventually, the consumers will purchase the product for its benefits, but if you do not focus on the limitations of the product, the final result would be an exceptional new product that maybe no one would want to buy.

Pricing it Too Low or High

One of the main objectives of every business is to gain maximum return on the new product they bring in the market. Nevertheless, if the price of the new product is too high, the consumers will not buy it and if the price is too low, the business will fail to make the profit. Therefore, the price of the new product has to be on par with the advantages or benefits it offers. The business also needs to consider the purchasing power of the target market while setting the price for its new product.

Remember, if the price is high, the consumers will probably ignore the new product, and the product will remain on the shelves, leading to a big loss. Therefore, a business needs to ensure to price its new product based on the price its competitors charge.

If you want to learn more about new product development or if you want to create a successful new product, GID Company can help. GID Company, a new product design and product development company in California, USA, has vast experience in designing and developing successful new products for its clients. Utilizing the latest technologies, like Dassault Systèmes’ 3DEXPERIENCE platform, the professionals at GID Company even help develop new product prototypes at reduced costs. Aside from new product design, product development, and product prototype development, GID Company also helps with product branding, product packaging, manufacturing, inventory management, and more. To learn more about GID Company, just visit https://www.gidcompany.com/.

Currently, the new product development expert in the US, GID Company is also offering a free 15-minute telephonic consultation with one of the veterans, Jim Grimes. You can call Jim at 714-323-1052 between 8:00 AM to 5:00 PM PST.

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Product Prototype Development

How to Get a Product Prototype Developed?

How to Get a Product Prototype Developed

One of the most vital steps in a new product development is product prototype development. In very simple terms, a product prototype is a tangible version – which you can see, touch and feel – of your concept. There are many advantages of getting a product prototype made. First, you will be able to view, and even feel, how your final product will be. Second, you will be able to attract some stakeholders who can finance your new product for mass manufacturing. Third, you will be able to actually test and refine your new product idea before mass manufacturing.

When it comes to new product development, many complications can arise. And you will not know all these problems until you first have a product prototype. Therefore, product prototype development is crucial. Fortunately, when it comes to product prototype development, you do not have to make a product prototype on your own; there are many product prototype development companies that can help develop an accurate prototype in a short frame of time and in an inexpensive way. Here are a few steps that you can learn in order to get a product prototype made quickly.

Create a rough sketch of your innovation, and then create a more detailed drawing. In order to draw these drawings, you can do it on your own with a pencil or paper, or you can take help of someone to sketch your innovation based on your description. Once you have the rough sketches ready, you need to have more detailed drawings made. You need to have computer-aided design (CAD) drawings of your concept. If you know CAD application, then you can do this on your own. If not, you will need to hire someone. These CAD drawings will help you explain your concept to the product prototype development company.

Find a product prototype development company that can develop a good prototype based on your requirements and CAD drawings. If your innovation is supposed to be made from metal, then find a prototype development company that specializes in making metal prototypes. If your innovation is supposed to be made from plastic, approach a company that specializes in plastic product manufacturing or rapid prototyping. Revolutionary rapid prototyping is capable of getting your product prototype ready fairly swiftly.

Get the product prototype redeveloped, until it is perfect with construction and function. No one can get the product prototype perfect on the first try! Several product prototypes need to be made in order to get the right prototype. Of course, there are latest technologies available, for instance, Dassault Systèmes’ 3DEXPERIENCE platform, which includes CATIA V6, SOLIDWORKS, 3DVIA, 3DEXCITE, etc., that can help create an accurate product prototype, but then also, at least few prototypes need to be remade. If not due to functional or structural requirements, the need to redevelop prototype may arise because of valuable feedback from potential customers.

Get the final product prototype mass-produced, and launch your idea to potential customers. A product prototype helps you eliminate all the flaws that your product may have. Once you have the final product prototype, which is impeccable in construction and function, you will come to know that your final product will be free from any problems. Now, since you know that your final product will be free from any problems, you can easily go for mass production and sell your product to the potential consumers.

Need help with product prototype development? Get in touch with GID Company. A leading product design and product development company in California, USA, GID Company provides A to Z product fulfillment services, including new product prototype development and mass manufacturing. To learn more about GID Company, visit https://www.gidcompany.com/.

Currently, GID Company is offering a free 15-minute telephone conference with one of the product design and product prototype development veterans, Jim Grimes. You can call Jim at 714-323-1052 between 8:00 AM to 5:00 PM PST.

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Product Prototype Development

How to Create your Product Prototype

How to Create your Product Prototype

If you have a concept of a new product in mind, the most important thing you can do to see whether it will work is to bring that product idea to life. In order to bring that product idea to life, the best and the safest approach is to create a prototype – a tangible representation of a concept or product.

Product prototype development may or may not be complicated, but it is certainly time-consuming. However, considering the end result, a physical realization of your product concept, it is certainly worth it to spend some time and efforts for product prototype development.

Here is a list of steps for how to create your product prototype:

Prepare a clear drawing of your innovation

It is all right to scribble your innovation on a tissue paper or a rough piece of paper – product ideas can strike at any time! However, make sure to keep that doodle safe until you make a clear drawing somewhere safe. From your rough sketch, draw it out clearly in a sketchbook. Include every detail, like how it will look, its dimensions, its surfaces, etc. Further, write down the list of features that your product will have.

If you know how to use CAD (computer-aided design) software, it will be very helpful to make a CAD sketch as well. It is obvious you will have plenty of drawings; hence, make sure to date them as it may assist you later on when it comes to patent ownership issues.

Build a non-working version

Using foam, plastic, wood, metal or any other materials you are comfortable with, create a non-working model of your innovation. A non-working model will let you gauge the size and form better than clear drawings that you drew in your sketchbook. A non-working model does not have to be perfect or pretty-looking, but it should resemble like your product as much as possible.

Create a plan for how to develop a working model

Once you got the non-working model, it is time to start thinking about how to create a working model. Consider the size, function and usefulness of your product. Think whether it will be of plastic, rubber, metal or some other material. Take into account the product’s important physical qualities. Think about its strength, flexibility and tactile aspects, for instance, its surface’s smoothness.

Make an exhaustive list of all the things you will need. Refer it as many times as possible to ensure you have not left out anything. This list will be very helpful when you decide to go to a product prototype development company; they will use this list as a guide for determining the cost of new prototype development.

Getting your working product prototype manufactured

Creating a non-working model of your innovation can be easy, but developing a fully functional prototype can be challenging. For that reason, you will need to reach out to a reputable product prototype development company. While working with a product prototype development company certainly is an excellent and sensible idea, there are a couple of things to keep in mind when partnering with them.

Sign a non-disclosure agreement (NDA)

Before sharing your drawings, it will be in your best interest to get the NDA signed by your new product prototype development company. As the term suggests, it will prevent the company from sharing your concept with third-party or someone else.

Describe your concept thoroughly

Prototype development companies are experts; however, it is essential to describe your idea as clearly and thoroughly as possible to them. Tell them what you think, explain them about how your product should look like, how it should work, who can use it and so on. This will not only help them provide you an accurate quote, but it will also help them understand what you actually want and what you actually expect from them.

If you are looking for an experienced product prototype development company in California, the GID Company is worth giving a shot. With decades of rich experience in new product design and product development, the professionals at GID Company can help develop exceptional prototypes and test them. They can even help with the enhancement of the prototype and bulk manufacturing of the final product. Jim Grimes at 714-323-1052 8am to 5pm PST for a free consultation.

Learn more about GID Company by visiting https://www.gidcompany.com/

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Product Development

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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