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New Product Development USA Product Development

Here Are 3 Common Mistakes People Make During New Product Development

We are sure that you will be curious to know the 3 most common mistakes people make during new product development. Well, whether your new product or prototype model will be a success or not depends on the quality, features, functions, innovations, and the product itself. However, you should also take the time and resources needed to develop such an innovative product with the help of an efficient product development strategy. There are so many business owners and entrepreneurs out there who are launching new products every week in these competitive markets. Hence, the less time needed to develop a market-ready product, the more chances you will have to excel in the market.

While developing a product from scratch, there are several aspects that most businesses either avoid, miss out, or unknowingly skip to take into consideration and thereby, commit mistakes that they shouldn’t. Making mistakes is indeed normal when developing a product from nothing, but one should not make the same mistakes that others have already made. So, to avoid the pitfall and turn your entire product development project into a failure, you should read the below-given most common mistakes during new product development. The 3 common mistakes that one should keep in mind are:

The first and most important part when developing a new product is performing a proper market analysis and research based on the current market trends and competition. It will be beneficial to learn who your competitors are and what they are doing to attract potential customers. Avoiding market research and analysis is indeed the biggest and most common mistake entrepreneurs do when they need to build up a market-ready product from scratch.

Performing market research and analysis for the particular product will provide you with information on what your customers actually need. Hence, you can define a product with relevant and required features as well as functions that can help your customers or ease up their work.

Concentrating On Rewards and Not Product Quality

There are so many product owners and entrepreneurs who believe that a product should provide a number of benefits to its end user. However, with this kind of approach and end goal in mind, developing the final product will surely be a challenge as there are limitations to the product you have in mind. During the product development process or after the product is developed, you will regret focusing on the benefits your product can offer instead of developing the product itself.

Concentrating on your product development team to develop the product of the best quality can yield unimaginable results. Even with the limited benefits, many customers will happily purchase the product and get satisfied with its quality, durability, and functionality. So, it will be better to focus on the product entirely rather than only aiming at the benefits.

Set The Product Cost Wisely During New Product Development

Analyzing many small as well as large businesses, our observation says most people have a goal to obtain maximum return on the product they launched in the market. Keeping more profits in mind, people often make the mistake of setting high margins on the new product. But the reality strikes differently than what they desired. Most of your potential customers will think that the price of your product is too high and would look at other alternate options no matter the quality and number of features your product offers.

As the cost of the product plays an important role in sales and business growth, one needs to choose it wisely. One should make sure to choose a cost price of the product that is neither too high nor too low. With a price range just right for your customers to digest, your product can beat the top competitors in the market. 

Want To Get Quality Assistance For New Product Development? Contact Us Today!

When it is about developing a new product from scratch, making mistakes that lead to product failures is the last thing anyone would want. If you are choosing GID Company to partner with for new product development then you would not have to worry about anything. We have a team of professionals with an experience of more than 15 years in the product design and development industry. Our professionals will be more than happy to provide you with quality assistance and guidance by not letting you make the common mistakes people make during new product development.

From product design to product development, GID Company can help you with almost everything related to new product development. To get more information on product development services we offer or get a quote on building a new product, kindly give us a call at +1714-323-1052 or contact us. Also, you can connect with GID Company on social media platforms – Facebook, Twitter, Instagram, LinkedIn, and YouTube.

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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!

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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Product Development Product Development Process

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

The Importance of New Product Design – Manufacturing Cost Perspective

Introducing a new product into the market is a dream come true for every inventor. Introducing a new product, however, is not easy. While conceiving an idea and outlining it on a piece of paper might be simple, creating a new product from that idea is certainly a challenging task. New product development involves the creation of a constructive new product design, development of alpha and beta prototypes, testing of the prototypes, development of production tooling, mass-manufacturing of the new product, distribution of the new product, and many other crucial processes in between. Each new product development stage is vital, but in this blog, we will shed some light on new product design.

Like every other stage involved in new product development, the stage of new product design is very important. Because it comes in the early stages of new product development, understanding the product design stage demands a bit more attention. Besides, since it is one of the primary stages of new product development, the entire outcome depends on it; hence, more care is needed during this stage – the product design stage.

The success of any product heavily relies on its product design. Product design by definition can be said as, “a process of defining and creating constructive designs for a product, so as to ensure that the new product becomes successful in the market.” New product design addresses numerous things, however. For one, during the product design stage itself, the inventor can get a clear idea whether or not it is possible or feasible to create the new product. Another crucial thing the product design addresses to is the cost of manufacturing the conceived product. Most inventors, often overlook this “new product design and cost of manufacturing” aspect. In fact, some inventors do not even know what the effects of new product design are on the cost of manufacturing the final product.

Product design is not only defining and creating alluring designs for the new product, but it is also about crafting practical, functional, and cost-effective designs for the new product. Aspects such as, how many parts the new product will have, how compact or large the parts will be, what material(s) the parts will be made of, what process will be used in the production of those parts, and many others are also included in product design. After numerous brainstorming sessions, computer analysis results and mock-ups, a perfect new product design, or at least, a near-perfect new product design for a product is realized, which is beautiful, practical, functional, and most importantly, the one that facilitates economical mass-manufacturing.

Developing an efficient new product design is indeed an overwhelming task, and it might be impossible for inventors to develop such efficient designs on their own. Fortunately, there are professional product design companies, like the GID Development Corporation, that specifically deal with creating sensible new product designs and helping inventors develop successful new products at economical costs.

GID Development Corporation, an eminent new product design company in California, USA, has the experience, knowledge, tools and a team that help inventors with constructive product designs for their new product ideas. Utilizing cutting-edge technologies, like 3D EXPERIENCE Platform from Dassault Systèmes, which includes SOLIDWORKS, CATIA V6, and other apps, and their decades of experience, the veterans at GID Development Corporation create definitive product designs that are neat and functional as well as feasible and economical to mass-manufacture. Whether it is creating an efficient product design for electromechanical products, medical device products, products with imbedded software, products with electronics, or any other generic or special-purpose products, GID Development Corporation will “Get It Done!”

Some of the product design principles that GID Development Corporation follows include:

  1. Derive visually-appealing product design that is error-proof to assemble and easy to mass-manufacture with shortened product development cycle time
    • Determine and select cost-effective material(s) and production process
    • Attain a knowledge base of tooling requirements
    • Develop efficient production tooling
  2. Create a modular product design with minimized parts count
  3. Design parts with self-locating features
  4. Design parts with self-fastening features
  5. Emphasize “Top-Down” assemblies
  6. Design for a base part to locate other components
  7. Design for component symmetry for insertion

Adhering to all the above product design principles, and other ubiquitous as well as unique design principles, GID Development Corporation creates exceptional new product designs, which facilitate economical mass-manufacturing.

Along with new product design, GID Development Corporation also helps inventors with new product development, product prototype development, product prototype testing, product pre-tooling development, product mass-manufacturing, product branding, product distribution and many other product fulfillment services.

Learn more about new product design company in California, GID Development Corporation, by visiting https://www.gidcompany.com/.

Currently, GID Development Corporation is offering a free telephonic conference to help answer various product design and development-related questions that inventors may have. Anyone 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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Concept Development Product Development

Steps in the New Product Development

New product development may seem as simple as forming an idea for a revolutionary product, manufacturing it, and putting it on the market, bringing it to the customers. Well, the reality is that new product development is a complex process, which involves contributions from many skilled individuals. New products should not only be useful inventions that can be mass manufactured and sold for profit, but they should also be safe to use, protected by intellectual property rights, and more importantly, be easily marketable.

Here are some steps, explained by GID Development Corporation, a product development company in California, USA, which are involved in new product development.

Germinating Ideas

The primary stage of a product development is coming up with a fantastic idea for a new groundbreaking product. Oftentimes, new products are introduced in the market by first recognizing a specific need in the market and then developing a product to satisfy that need. Sometimes, revolutionary product ideas also occur just by chance or an unusual incidence that triggers the concept in the mind of the innovator.

Researching Plausibility of the Idea

The next stage of the product development is finding out the plausibility of the idea. In other words, the innovator needs to find out the degree of acceptability, usability and the value of the conceived new product. Knowing how well the potential customers will receive the new product is vital. It prevents a lot of time, money, resources and efforts on the development of products that are worthless to the potential customers.

Concept Development

Development, or rather, enhancement of a concept is the essence of new product development. It includes, but not limited to getting a grip on the basics, such as market research, material selection, material costs, product design costs, prototype development cost, overall manufacturing costs, potential profit, target regions, target customers, and so on.

Actual New Product Development

Actual new product development is the stage where the conceived idea and all the researched and concept development data are amalgamated and put into action. A product development company starts with the creation of new product design, using researched data. After the creation of a definitive product design, the company moves on to the development of prototypes. Then, the prototypes are tested, and changes are made until an idealized new product is realized.

Bulk Manufacturing

After realizing an ideal new product from the conceived idea, the product is bulk manufactured. Usually, it is affordable to outsource bulk manufacturing. If the budget is not the constraint, your own production facility can also be set up to bulk manufacture the new product.

Commercialization

The commercialization stage of new product development involves packaging, branding, logistics, warehousing, as well as rolling out the advertising and marketing campaigns. In short, commercialization is a stage of bringing new products to the market and to the potential customers.

New product development is a complex, time-consuming, and arduous process. An innovator cannot tackle the new product development process on their own. Luckily, product development companies, like GID Development Corporation, are established that can help innovators with the entire product development process.

GID Development Corporation is an American product development company based in California. Utilizing their vast experience and the most advanced technologies, like Dassault Systèmes’ 3DEXPERIENCE platform, which includes product design and product development apps, such as CATIA V6, ENOVIA, 3DVIA, SOLIDWORKS, and more, the veterans at GID Development Corporation assist innovators in every stage of new product development. Whether it is the development of medical device products, mechanical products, electrical products, electromechanical products, products with imbedded software, or any other types of products, GID Development Corporation will always thrive.

To learn more about GID Development Corporation, visit https://www.gidcompany.com/.

GID Development Corporation is currently offering a free 15-minute telephonic consultation. Anyone who is interested should just call Mr. Jim Grimes, one of the pros at GID, at 714-323-1052 between 8:00 AM to 5:00 PM PST.

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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. Checkout our product Willis Auxiliary Power Systems.