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New Product Idea

New Product Ideas – A Complete Guide To Get The Best Ideas For Product Development

New product ideas are indeed helpful to stay in the world of entrepreneurship which is indeed a competitive one. There are so many new products that are being created every single day and it can be hard for entrepreneurs and enthusiasts to know where to start. There are so many product development companies that you will find in the current competitive market. But it will be beneficial for the growth of your business if you get the innovative and unique product ideas from a highly experienced and expert product development company such as GID Company.

Our professionals will help you take your idea from the drawing board and bring it to life in the marketplace. We can build market-ready products for you based on your innovative and amazing product ideas. But our experts will also assist you in advising or suggesting the best product ideas that will excel in the market. In this article, we will help you go through the process of generating new product ideas and assist you in turning your product idea into a reality.

How Can I Find Inspiration For A New Product Idea?

One of the most important aspects of product development is coming up with a new idea. This is often difficult and time-consuming as there are many aspects to consider. Many doors can open up with new product ideas if you are actually looking in the right place. Some of the most common ways to get a new product idea include:

  • Brainstorming
  • Researching market trends
  • Observing your surroundings
  • Customer Feedback or Suggestions From Other Stakeholders

Brainstorming is when people create a list of all possible ideas for a product. They will then follow the process of ranking the best ideas based on how much they believe the idea will succeed. Some companies like Apple have developed their products by brainstorming new products continuously.

Researching trends is another common way to come up with new product ideas. If you pay attention to what your audience wants, you’ll be able to see what they’re interested in and possibly get a bucket of new and unique product ideas that would actually help your consumers or end-users.

Watching the trends of your industry can help you discern whether your idea is competitive. While observing your surroundings is a good way to come up with new ideas for products related to your industry. If a lot of people are wearing sunglasses, for example, it could indicate that there’s a trend coming up that’s worth looking into.

Additionally, gathering information and details about your business competitors will help you stay ahead of the curve and it is the key factor a business follows in any industry. To figure out the competition, try visiting the websites, social media pages, and the online reputation of your competitors. Make sure to keep up with your followers to stay in the competition and do not wait to try out something new with your unique and astonishing product ideas.

Sources Of Good New Product Ideas Include:

The sources of good new-product ideas are like a vast ocean waiting for enthusiasts and individuals to explore. Most people find the sources of new product ideas by looking at the world around them. While others look at what other companies are doing. Some people think that they should be looking for new product ideas in their own company, but sometimes, this kind of approach can be a mistake because it is difficult to see what is happening in your own backyard.

People who have an idea for a new product often think that they should not tell anyone about it because they want to keep it a secret or patent it before telling anyone else about it. This can be a mistake as well. Because other people might have the same idea as you and if you don’t tell anyone about your idea then you will never know if someone else had the same one as you did first. Therefore, keeping your idea in your mind will not bring an opportunity to improvise the product ideas that people already have. At GID Company, we have brilliant minds who can act as your source of new product ideas. Feel free to contact them at +1714-323-1052.

Most New Product Ideas Come From Innovative Environment

The environment of innovation is what sparks new product ideas. It can be in the form of a new idea or an old idea that was never executed. But most new product ideas come from your surrounding environment. It is a proven fact that if you will look around yourself, there will be a hundred things that go unnoticeable. Changing your point of view to look at things can help you find new product ideas easily. 

A lot of companies have an innovation department. These departments are responsible for generating and executing new ideas that come from the company’s employees. Innovation departments are often found in startups and tech companies because they need to be agile and innovative to keep up with the rapid pace of technology advancements.

Innovation is not only limited to a company’s employees, but it also includes its partners, customers, and suppliers. Companies will often go out into their community to find a diverse group of people who can help them generate innovative and new product development for the company’s next big project or product launch.

Which Of The Following Represents An Internal Source Of New-Product Ideas?

Product managers are responsible for generating new product ideas and bringing them to market. Most of them spend their time researching the needs of customers, analyzing data, and collaborating with other departments to develop products that will meet those needs and requirements of end-users. Internal sources that can provide new-product ideas are as follows:

Sales team:

Salespeople have a good idea of what customers want because they talk to them every day.

Customers:

If you ask your customers what they want, they might not know how to articulate it, but they’ll know when they see it.

Marketing Team:

Marketing teams can observe trends in the market and identify the best opportunities for new products.

New product ideas 2022

Engineers:

Engineers often have a good sense of what is technically possible so their input is invaluable when brainstorming new products.

External Source Of New Product Ideas For A Company

Many companies in the market are struggling to come up with new ideas for their products. However, they often run out of product ideas, and they also don’t have the time or resources to invest in research and development. To solve such a problem, some companies have started using crowdsourcing platforms like Quirky or Crowdspring. These platforms allow companies to post a request for a product idea, and then they give access to a wide range of people who can pitch their idea. The company or business then reviews and analyses the product idea pitches and selects an idea that suits best for their industry, knowledge, and expertise.

Crowdsourcing has the potential to be a good solution for new product ideas, but it does come with some risks. Since these platforms are open to anyone, there is no guarantee that the suggestions will be flawless. Additionally, it won’t be possible for companies to verify whether the person submitting an idea has any skill in developing products or is a newbie pitching random ideas. We recommend getting assistance from product development experts to obtain reliable and new product ideas.

What Are The Best Resources To Find Inspiration For A New Product Idea?

Well, every business owners, as well as entrepreneurs, have their own unique and different personality and opinion which will lead them to find inspiration for a new product idea in their own distinctive manner. Some people believe that the best way to find inspiration for a new product idea is to take an existing product that you are interested in and then use it as a basis for your own unique product idea.

However, some people also consider that a great way of finding inspiration is by looking at the competition. You can do this by using tools like Google Alerts or BuzzSumo to monitor what others are doing in your industry and see if there are any ideas you can get inspired from.

Another way of finding inspiration for a new product idea is to look at the market and see what people want actually. This could be done through surveys or focus groups or by simply asking people on social media what they want or expect from your kind of business.

Although there are so many ways and approaches to help you get a new product idea for your business, it depends on your expertise, experience, and preference for which ideas to choose and implement.

Companies Looking For New Product Ideas Should Contact GID Company

GID Company is a leading product development company in California, USA providing product a wide range of services including product ideation, designing, prototyping, testing, development, and market-launch. Having more than 20 years of experience in the industry, GID Company helps other companies improvise old product ideas or generate new product ideas that can succeed in the current market. Our highly experienced and well-versed professional product experts and engineers provide companies with excellent ideas to develop helpful and market-ready products. Companies that are seeking assistance to develop or generate new product ideas should contact GID Company to get impeccable product ideas along with a marketing strategy advice on how to develop a product efficiently. If you have a great product idea and want to turn that product idea into a market-ready product, feel free to Contact Us or call us at +1714-323-1052. You can also follow our official social media handles – Facebook, LinkedIn, Twitter, and YouTube

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Product Development

Hire The Best Product Development Specialist in California, USA

Are you looking for the best product development specialist in California, USA? Do you need quality guidance from an experienced product design and development engineer? If yes, then there are no better product development specialists to hire than the professionals working at GID Company. As you know, product development experts are professionals who are in charge of the design, development, and production of a product. Not only do the product specialists will have to coordinate with the marketing team to come up with new ideas for products but also they will have to collaborate with the engineering team to make them a reality for you.

With our well-versed and highly skilled product development specialists, it will be possible for your business to reach new heights. Whether you need to hire our product development experts to develop a whole or a part of the project, you can discuss your product requirements with our professionals at GID Company. Understanding the precise instructions and needs of our valuable clients, we will make powerful, agile, and market-ready products for you. Our exceptional product development services that our specialists offer will include product design, product development, product prototype development, and launching a new product in the market. 

Being an experienced product development company, GID Company has a team of expert product development specialists who have various skills. Our product development specialist in California can assist you in product design and development implementing and utilizing their numerous skills such as creative thinking, problem-solving, and communication skills. A product development specialist should be able to understand what customers want and need. Also, there are a lot of important factors that a product specialist should focus on to develop a successful and innovative product.

Choose the best product development specialist who has the required experience, expertise, knowledge, skills, and potential, not to mention, that all of these qualities are present in our product development professionals. To get more information about our professionals, feel free to give us a call at (714) 323-1052.

How Much Product Development Specialist Salary To Expect?

Product Development Specialist is a job that falls under the category of “Technical Specialist” which is a broad term. However, there are several subcategories under the term and so, the earnings may vary based on the different departments and job categories. But when we are talking about product development specialist salary in California, USA, it depends on numerous factors. They are:

  • Company Size
  • Location
  • Experience
  • Skills
  • Job Position

Well, a product Development Specialist is responsible for overseeing the product development process from start to finish. Not only they will inspect everything during the product building process but also they will make sure that the product is developed according to the instructions provided by the client. They work with all aspects of production from conceptualization to design and development. Our product development specialist will also be involved in marketing and sales as well as customer service in order to ensure a successful and defined market launch.

The product development specialist’s salary can range anywhere from $50,000 to over $400,000 depending on the company’s size, location, and of course, your skills and experience. Considering this position is typically paid highly, as well as being in a high-demand field, the average earnings of a product development specialist in California are around $65,000. To know how our product development specialists can help you, Contact Us.

Product Development Specialists Job Description and Responsibilities

The product Development Specialist job description involves everything while developing and designing new products from scratch to meet the needs of customers. Developing a new product from nothing is not a piece of cake as it includes a lot of thought process, planning, and efforts, let aside skilled and dedicated product experts. Generally, a product development specialist has to manage and maintain a consistent product development process that involves product ideation, product designing, prototype model, prototype testing, execution, and launching of the product in the market. 

Most product development companies in California expect a product development specialist to be creative, innovative, and analytical to develop new products from scratch as per the client’s requirements. They should be comfortable while working solo or with different teams and should have time management skills to complete the project on the defined deadline. Good project management skills are a must as a product development specialist is responsible for developing a product from beginning to end.

Hire Experienced and Best Product Design and Development Specialist in California

At GID Company, we have a team of highly experienced product development specialists in the USA. Having more than 20 years of experience in the product design and development industry, GID Company has made a remarkable reputation of being a top product development company. Our product development specialists can properly understand the product scope and define a timeline to deliver a market-ready product with the specific features.

We know that you will still have so many doubts/questions regarding product development. That’s why our product development specialists and professionals are always happy to resolve all your queries before starting a product development from scratch. Feel free to book a friendly appointment and discuss your product development requirements at (714) 323-1052.

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Product Development

New Product Introduction and Process Every Entrepreneur Should Know

New product introduction is quintessential for every entrepreneur along with its process of introducing a new product in the market. There are several steps that need to be taken before a new product is introduced to the public. However, it is not mandatory for the entrepreneur or business owners to know all the steps or processes if they are tied up with an experienced product development company.

Although there are several steps that are included while developing a new product, each and every step has its importance. The first step is to come up with an idea for a new product, but it is not as simple as it sounds, as this step can take months or even years before it’s ready to be put into production. Once an idea has been finalized, the next step would be to develop a prototype of the product and try it out with consumers to see if they like it or not. You may need to approach a few customers and organizations to use the prototype model and share their feedback about the product.

The third step would be to figure out how much money will be needed for the production of the new product to start. This includes researching suppliers and factories that can build your product at a reasonable price. It also involves developing an understanding of how much inventory will you need for new product development. The new product introduction process will help you to evolve your product and develop it even further. The entire process will involve many things, from product ideation to bringing a new product to the market for the first time. It includes four steps:

  • Developing an innovative product idea
  • Finding out if there is market demand for it
  • Creating and testing prototypes
  • Introducing the product to the public

New Product Introduction Process

A new product introduction process is a strategically planned process of introducing a new product to the market. The new product development process starts with identifying needs, followed by developing and designing a product, and finally marketing and distributing the product. The purpose of this process is to ensure that you have identified all possible needs for your product and are able to meet those needs before you introduce it to the market. Hence, you will have a better brief and understanding of the product you need to develop.

From developing to launching the new product, an expert product development company will assist you or handle everything. The development process varies from one company to another, but it usually includes,

  • Defining the new product requirements and planning
  • Researching potential customers and competitors
  • Designing prototypes
  • Testing prototypes with potential customers
  • Finalizing the design

The launch process usually starts with marketing research to develop a marketing strategy which may include advertising campaigns or public relations efforts. However, the main challenges in developing new products are time constraints and competition. But many organizations address time constraints by using project management tools such as Gantt charts and PERT diagrams which help keep all team members on track with their tasks. Similarly, competition can be addressed by surveying competitors’ products and determining how they differ from your own product in terms of quality, performance, and expenses.

New product introduction is the process of getting a new product to market. The process can be divided into four stages:

1) Idea generation

2) Concept development

3) Product development

4) Introduction

Get Help From GID Company For New Product Launch

For new product introduction, an experienced and expert product development company in California such as GID Company can help by implementing an efficient and effective product design and development process. The first stage in the process involves generating ideas for new products and services. While the second stage involves developing these ideas into concepts. The third stage is about developing prototypes and testing them. And, the fourth stage is about introducing these products or services to customers.

A perfectly planned new product introduction process will not only help in the development cycle of the product but also the product launch in the market. If you have any doubts or questions regarding how to introduce a new product to the market, please feel free to reach out to our professionals at +1714-323-1052 or schedule a free consultation.

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Product Development

Why New Product Development Is Important?

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 leads 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

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Product Manufacturing

How to Approach a Product Manufacturing Company with Your Product Idea

Approaching a product manufacturing company with a unique, exclusive, and concept development can be sometimes challenging and irritating.

This is because some product development firms intend to gamble with profits by developing custom, unproven, commercial products, and on the other hand, no business owner would love to see the rejection of his/her product idea.

But, if you are planning to develop your product natively or offshore, there are some important points to consider making sure that you endorse your concept commendably and those producers take your product idea seriously.

How to Approach a Product Manufacturing Company in 2022?


1.  
Make Sure Your Product Idea is Original

Always arise with an exceptional product idea. It is recommended to do some investigation / survey to make sure that the product identical to your concept does not exist in the market, and no one owns the copyrights or the pattern rights to it. As a help, you can visit the U.S. Patent and Trademark Office’s (USPTO) patent database at http://patft.uspto.gov/

2.   Consult a Qualified Engineer

Once you are sure that your product idea is original, consult a skilled product engineer who is proficient in new product design and development. As per the news published on businessweek.com, an experienced product engineer can give you valuable suggestions on manufacturing materials and design possibility. Additionally, he or she can also aid you calculate production costs.

3.   Protect Your Original Product Idea

Never share your product ideas openly with others. First step is to execute a Non-Disclosure Agreement (NDA) with engineer/firm which will protect both your Intellectual Property your Proprietary Rights to your new product idea. As the engineer has aided you to solidify and strengthen your product idea, you should consider application for a Provisional U.S. Patent. For detailed information, and to have the appropriate forms and guidelines, please visit the USPTO website.

4.   Create a Computer-Aided Design

After establishing NDA protection and considerations for registering your concept / idea to the USPTO, create a computer-aided design (CAD) model of your product. This 3-D model of the concept will demonstrate all of your product’s dimensions, and will let you share your concept / idea to determine its manufacturability. For this step, you may require the assistance of a qualified graphic designer.

5.   Create a Prototype of Your Design

As you are ready with the 3-D model of your concept, build a prototype under the guidance of a professional prototyping company. While a 3D computer model can provide product development companies an primary impression of what they are dealing with, a well-made, physical prototype of your idea that functions well power a manufacture’s decision in going with your idea / concept.

6.   Develop a Business Plan

After an initial discussion, a product manufacturing company that you hire will ask you about the quantities you want to produce, its distribution channel, and the associated costs. As per BusinessWeek.com, having as a minimum a one page summary that includes all of this related details will thump a serious impression on manufacturer’s mind.

Tips and Warning

Follow this tips for finding a manufacturer for your product. Be professional with your new product idea. Always remember, when you are going to meet a product manufacturing company that is attracted in your product concept/idea, move ahead as politely and skillfully as possible. Hiring an established product manufacturing company will benefit you in getting your idea professionally produced. Be conscious of suspicious patent companies that request large sums of money with no results.

New or custom product design and development are a complicated process. An idea is just an idea until you take the essential steps to make it a reality. Before approaching a product development company with your product ideas, don’t forget to do your study. It has been observed that potential products and merchandise fall flat due to the lack of knowledge, limited resources, and limited budget.

How to approach a manufacturer with your product idea?

For more information on new product development, you can contact GID (a product manufacturing company located in California) at +1714-323-1052 or click on Let’s Chat.

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Product Prototype Development

How Much Does Product Prototype Development Cost? 💸

If you are planning to develop a new product but are worried about the product prototype development cost, then you are in the right place. We are GID, a product development company in California, and we are here to discuss how much a new product development will cost you. You can also read this blog where we have already discussed Costs Involved in Taking a New Product to the Market.

However, before going for a full-fledged development, you should prototype your idea as it will help you improvise your product (both technically and aesthetically) and make your product more value for money. Thus, let’s first try to find out how much does product prototype development will cost you.

To calculate the cost of prototype development, you need to figure out where do you stand on your product development journey. You can identify this with the help of the product development process stages mentioned on our website. At different stages, you will need different types of prototypes to test the design and functionalities of your developed product.

Product Prototype Development

Phase 1: Concept Design Prototyping:

This stage of prototyping is all about testing the user experience and preference with the design of the product and wining their faith and loyalty. Third-party comments will help you add value to your product. Below are the types of a prototype that are usually developed at this stage:

  • User Interface Mock-ups
  • Foam models
  • Wireframes, virtual 3D Renderings
  • Wizard of Oz functionality (beauty models)

Prototype development cost at this stage is comparatively low, as most of the materials required for the prototyping are off the shelf, including 3D custom prototype parts, tape, glue, cardboard paper, canned software, and module electronics. The prototype cost at the product design stage can cost you from something around $1000, including preliminary sketching and mock-ups. However, if you are still interested in learning more about the cost and time, then GID is open for a free discussion. Call product development expert – Jim Grimes at +1714-323-1052.

Stage 2: Design Engineering Prototyping:

This stage of new product development is all about building a model engineering prototype that quantifies possibilities to make design decisions. A prototype developed at this stage allows you to test the stress, structural, and thermal risk associated with the new product development. You can also test specific components and mechanism functionality. Below are the types of a prototype that are usually developed at this stage:

  • Scale models of product
  • Proof-of-concept: hand-built models

The cost of prototype development at this stage may start from $5000, but it may vary based on the complexity of the product to be developed. Get in touch with product prototype development experts to learn more about why you need a prototype at this stage – email us at info@gidcompany.com or call Jim at +1714-323-1052.

Stage 3: Final Prototype Development and Testing:

This stage outputs a production alpha prototype that is fully functioning with all the features and functionalities. Below are the types of a prototype that are usually developed at this stage:

  • Fully functional alpha prototype to thorough testing

As stated earlier, the cost of product development and product prototype development totally depends on the type of product, volume output, and features within. Being an alpha prototype, the cost of prototype development may depend on custom parts, electronics, and fidelity required. You can watch our YouTube channel for more informative videos on product prototype development https://www.youtube.com/c/Gidcompany.

Want to prototype your idea? Call Jim at +1714-323-1052

If you have an innovative product idea that can simplify the life of the masses and earn you a good fortune but don’t know from where to take a start, then “Jim Can Help”. Jim is a product development expert in California and can help you bring your ideas to life. Whether you want to discuss the scope of your idea or want to prototype it, Jim can answer all your questions and solve all your doubts at once. For a free consultation with Jim Grimes, please call +1714-323-1052.

James Grimes is definitely the person you need to meet at GID Development Corporation. Whether you want to develop healthcare devices, consumer goods, military components, or anything else, Jim can meet your expectations. To have a better insight on the skills and capabilities, please have a look at our portfolio https://www.gidcompany.com/our-portfolio/.

Also, you can get connected with us on social platform:

We are active on social networks, so if you have any questions, feel free to call us or drop us a message, and we will get back to you within the next 24 hours.