How will you find a Top Notch Product Manufacturing Company in the USA?

Product Manufacturing Company

Congratulations for having a million-dollar product idea. Your parents, friends, colleagues, neighbors and everyone else believe your product is going to change the world. However, you know the fact that just having a revolutionary product idea is not going to change the world unless it is transformed into a fully functional product. A real world question arises – How you will bring your idea to store shelves?

Many entrepreneurs and inventors lose hope and panic under these circumstances, and drop the plan of transforming their idea into a state-of-the-art product. However, all these heartbreaking problems can be solved with the help of an experienced product manufacturing company. Finding and hiring a custom product manufacturer is a challenging task, especially when dealing with companies overseas. Here are some tips to find the perfect product development company, and they are as follows:

Ask for recommendations – Ask your friends, colleagues, and everyone whom you know to refer a new product manufacturing company. Ensure your contacts have a fruitful relationship with the company to lend extra credibility to their recommendations.

What is the reputation of the company – Do not get enchanted immediately after seeing a company’s online profile and a huge warehouse, instead have a little patience. Visit the company and ask them to see a list of clients they have worked for in the past. If possible, contact the clients and ask about their experience. For in-depth understanding of a company’s manufacturing potential, you can also ask their clients to send you some samples of their work to see how it appears in person.

Make maximum use of the online platform – Use online platform to gain insight, compare price, and ask questions. Although, the internet is the best medium to collect useful information, there are chances of fraud and misinformation. So, prior to engaging with a company or hire their manufacturing services, it is recommended to double check the company’s existence and its reputation. Ask them a few questions related to your manufacturing requirements, and if they offer speedy responses, the company is good to hire.

Request a prototype – If you live in the United States, then it is recommended to prototype your concept in the U.S. before hiring any offshore product manufacturing company. Product prototype development may be a costlier affair in the USA, but it will help you save a lot of time and money in the end. At the completion of this step, you will have more control over your product. However, before prototyping, read these 5 important tips for successful product prototype development.

Manufacturing a fully functional product from scratch is a complicated task that requires a skilled workforce, latest manufacturing tools, and a zeal to overcome all the manufacturing challenges. It is a complicated task full of heartache, excitement, and headaches, but in the end, seeing your concept come to life is always going to be worth the effort.

The GID Development Corporation is a product design and development company based in America. If you require any sort of help, advice or prototyping assistance, then call GID at 714-323-1052 to talk to our prototyping experts. For a free analysis of your new product idea, contact us at https://www.gidcompany.com/contact-us.

Top Five Methods by Leading Product Manufacturing Company for Long Term Success

Leading Product Manufacturing Company

Entrepreneurship is not everyone’s cup of tea; it’s an art and also a science. In the stance of cutthroat competition, it takes a lot to be a successful entrepreneur because there is no single, definite factor for success — it takes a great idea, a lucrative network of resources, a ton of hard work, and time to create an enduring, profitable business.

To overcome the competition in the market, you need to frequently make or break the logical foundation of your company. Without wasting more time, you need to conclude who your customers are, what their requirements are, what they expect from you, and how you are going to satisfy their expectations. Here is a list of five structured methods by a leading Product Manufacturing Company, GID, to achieve success as an entrepreneur.

Question Yourself – Before you start searching for answers, pen down all your questions related to your project. Questioning yourself will help you in exploring the possibilities for product development and marketing. For instance, if you are planning to manufacture a new product for your targeted customers, then ask yourself what exactly your customers require. Even if you already have an idea, you must know exactly what problem you are solving. If you are promoting your product, then ask why your customers would be interested in purchasing your product.

  1. What ingredients are required for a successful product?
  2. How can I make my product cost effective?
  3. How to engage targeted customers?

Research your subject – Once you are ready with the list of important questions, you must start finding as much information as you can on the subject. There are two main sources of gathering relative information – competitors and potential customers. Be honest and serious with whatever you do, pick some people from your targeted audiences, and find out what makes them tick. Your competitors and their products are the pool of the more valuable information for you. Try hard to find out what they are doing, how they are doing it, and most importantly, how you can make it better. You need to adopt a unique approach that distinguishes you from the competitors in the market.

Summarize a calculated business plan – Once you are done with the research work, it’s time to prepare a business plan on a broad scale. A business plan is essential because it formalizes the assumptions you hold. A powerful business plan helps you stay focused and move smoothly towards your predefined business objectives.

Experimenting with your business plan – This is one of the most important steps. To become a successful entrepreneur, it’s not enough to merely summarize a business plan; you have to put that business plan to the test. After you have developed a business plan about your business, say for instance “Women ages 20 to 34 will buy your product to have Y feature,” you need to test the notion. To test the business plan, you can conduct a simple survey, or develop a prototype and present it to a group of beta testers. You can run multiple campaigns to experiment with your business plan.

Review your data and form a conclusion – Experimenting with your business plan won’t mean anything unless you have a way to concretely and objectively measure its results. Methodically analyze qualitative data to form a solid conclusion about your business plan. One most important point to conclude is how much money you are going to spend on a specific project and how much profit it is going to generate.

As an entrepreneur, to get started with enough momentum, you are going to need a great idea. To transform that idea into a money-making product, you are going to need an experienced and affordable product development company in the USA.

The business landscape is constantly changing and evolving, adding new information to existing models. To know more about new product development for your business or to discuss the feasibility of your concept, feel free to contact the GID Development Corporation at https://www.gidcompany.com/

6 Tips by Custom Product Manufacturer, USA, to Transform Your Idea into Money Making Products

Custom Product Manufacturer

Transformation of great product ideas into useful products has made our life more comfortable and luxurious. It not only fuels the economy, but also wins the heart of people wherever it goes. We come across thousands stories featuring successful new product development yet those who fail are left behind alone in the dark to themselves to wonder, “What went wrong?” So, is there any way to help businesses avoid common pitfalls and succeed smoothly? In the industry of custom product development, success is all about the mindset. Instead of concentrating solely on the manufacturing of the new product, an entrepreneur needs to focus as a businessperson from the start.

In the last ten years, being a custom product manufacturer, GID has seen thousands of businesses transforming their original concept into innovative, useful and most importantly, moneymaking new products. In addition, with the rise of the world economy and amazing new resources available for developing, manufacturing, financing, advertising, selling and distributing products, the prospect for innovative product entrepreneurs has never been better than today.

As the need of every new product development is different, the journey of every entrepreneur is also unique. However, just like any other serious endeavor, the decisive steps are the first ones. Here are six tips to get you started on the path of success, and they are as follows:

  1. Treat Your Product Concept as a Business from the Start – When it comes to success in business, there is nothing like a short cut. Before you plan to bring your product in the market, open your mind, analyze your market, understand the market needs, your overall product manufacturing costs, product’s retail price, your profit margin, and competition in the respective market.
  1. Validate Your Market – It is one of the most significant steps in the process of custom product development; however, this factor is frequently overlooked. As inventive people, we are so enchanted and mesmerized by our concepts that we tend to put earmuffs and blinders on. For example, consider that you work for a huge firm like Kimberly Clark, and your task is to advise your boss as to which potential products will fetch the maximum ROI. The simplest, tested, and the most reliable way to learn what your targeted customers require, is to “ASK THEM (customers)”by conducting surveys and by organizing informal focus groups.
  1. Make it Simple – Most times, new product ideas include showy features from electronics to unnecessary whistles that drive up the overall manufacturing cost and the retail price. Manufacturing high-quality custom products with only required features with an appropriate price tag can generate more sales and more profit.
  1. Raise Smart Money – Use microloans, credit lines, crowd funding, and other online funding alternatives that suit your business. For your assistance, here are some names and they are, SoMoLend, Opportunity Fund, Accion USA, Kiva Step Ahead Loan Program, and Kabbage to get going. With little or more efforts, you will easily find a financier for your project.
  1. Develop a prototype of your Concept – Once you are ready with product design, don’t initiate the bulk manufacturing process. Instead, start with something basic like rapid prototyping of the concept that can be refined repeatedly. It does not need to be fancy or costly. The sole purpose of product prototype development is to test the functionalities and to conclude whether your idea is feasible or not.
  1. Business Planning will improve your chances of success – Most entrepreneurs overlook the importance of business planning; however, a strategically designed business plan can help you get to market faster. A business plan will help your products / services gain instant clarity, focus, and market trust. A single business plan can answer many questions at a time such as:
  • What am I manufacturing?
  • Who are my targeted end-users?
  • What is my commitment to my customers and to myself?
  • What are my goals, strategies, and action steps to accomplish these business goals?

In the journey of custom product manufacturing, there are many steps, but with the availability of new resources for product development, as an entrepreneur, you can transform your idea into something really big and conquer the market. You can contact GID, a product design and development company in California, USA, for more tips and for manufacturing new products.

GID, a custom product manufacturer, offers custom plastic and metal product manufacturing services that cover the end-to-end spectrum of the product and service life cycle, including product design to product prototyping to bulk manufacturing. We have different teams ranging from concept improvement to R&D and from product designers to engineers with an unparalleled ability to identify key levers for growth and productivity.

For more tips, you can read our informative blogs on new product development: https://www.gidcompany.com. To explore our potential as a custom product manufacturer, you can browse our portfolio at https://www.gidcompany.com/our-portfolio/.

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Need of New Product Development Explained by Product Manufacturing Company, California

New Product Development

Not only yours, but the fierce competition is around every business across the globe, and new product development is the only key to making your business stand strong and firm. It is almost impossible for any business to flourish if it continues to offer the same services or products for years when its competitors are frequently launching something better and more useful. In the age of clever customers, using smart devices (smartphones or tablets), your product has to be smart enough to gain the upper hand in the competition and to attract more customers.

To spread awareness among entrepreneurs across the United States of America and other continents around the world, GID, a product manufacturing company, explains the importance of new product development, and they are as follows:

  1. To meet your customers’ requirements – With time, the needs of your customers change; hence, you need to take adequate steps to fulfill their requirements without hurting their budget. You should immediately respond to this shifting market ecosystem through your products and services, or else your customers will switch to competitors’ product that satisfies their requirements. For instance, big brand like Coca Cola launched the Coca Cola Zero and Diet Coke having low sugar, salt, and fat to attract health-conscious individuals across the globe.
  1. To beat your competitors – As stated above, new product development is the only key to have the upper hand in the competition. With the advancements in the technology, new products are frequently launched, incorporating new features, to generate revenue and to increase brand awareness. Tech-friendly customers also prefer to buy the latest products to illustrate their status and style. If you desire to beat all your competitors at once, figure out what your potential customers are looking for, hire a professional product manufacturing company, and ask them to design and develop something like never before.
  1. Life cycle of your existing product – Every product comes with an end date. The product launched by you today, maybe on the final stage of its life cycle by tomorrow. Hence, considering this fact, you should frequently launch new products that include latest features, stylish looks, and most importantly fit in your end-users budget. Accepting the fact, for instance, Microsoft replaced the Xbox by the Xbox 360, and then replaced Xbox 360 by Xbox One. You should continuously refresh your product offering to meet the expectations of your end-users.
  1. Maturity stage of your product – Surprising, but product maturation is yet another powerful reason that breeds the need of a new product development. Apart from the end date, as the time passes, there are chances that your product may require the touch of technology to compete withother similar products in its segment. For instance, Nintendo has replaced its DSI console with the 3DS console that includes additional features such as an extra camera so that you can film in 3D, a 3D screen that does not require glasses, motion sensors, and a joystick.

According to GID, new product development is must for every business as it helps them to dodge fierce competition and stay ahead of competitors. If you don’t invest your time and money in manufacturing new products for your customers, then someone else will grab the opportunity and your market share too. In case, if you have any questions / queries, or if you need any help or advice in regard to new product development then, please contact GID at 714-323-1052.

To browse their product design and development portfolio, please click here https://www.gidcompany.com/our-portfolio/

7 Tips for Overnight Success in New Product Development by a Product Manufacturing Company

7 Tips for Overnight Success in New Product Development

Curiosity, creativity, and the zeal to bring those impossible ideas to life are the reasons behind the comfortable and relaxed life that we are enjoying today. All the tech-gadgets, household amenities, high-speed transportation means, etc. that have made our life simply simple were just concepts and somebody’s hard work or greed to earn name and fame brought them to life. Anyway, whatever would be the reasons, but we citizens are obliged to all those inventors and Product Manufacturing companies who offered us something beyond our imagination.

New / Custom Product Development is beneficial for both, the manufacturers and end users. However, looking at the fierce business scenario, it is more beneficial for the entrepreneurs because manufacturing a new product offers them a chance to stay ahead of the competition and competitors. No business can continue to offer the same unchanged product for a longer period of time; or else their customers will move to something else with more features at a reasonable price. Here, solely for entrepreneurs, we will discuss some points about how to develop an out-of-the-box product with the help of product manufacturing company to gain and maintain that sustainable cutting edge.

Here are points an entrepreneur need to consider:

1.    Identify new opportunities for your product

Open up your mind, explore your surrounding market, and find out, what’s there for your upcoming product. Think creatively, as it will open new grounds and ideas for your business and, combined with the correct manufacturing processes and equipment will let you calculate how your business can best approach innovation, including when to hire external expertise.

2.    Analyze potential in your new product idea

Access to a high-quality market intelligence, a thorough understanding of the prospective market and evidence, professional knowledge and capability, may all be required to offer proof of the market or the technical potential out there before you move ahead with a major commitment.

3.    Search Tax and Finance Efficient Ways to Support Innovation

Money is the most influential element in the new product development. Factors such as inadequate investment, the potentially lengthy development period before new concepts yield a profit, and insecurity about whether a project will be a success, can be huge hurdles towards securing investment. These factors should always be taken into consideration, along with tax incentives and access to local or national funding, which may be offered to help.

4.    Manage the innovation process

Handling new opportunities and their challenges requires systematic planning and controls. There may arise a situation where you need to develop your processes further or embrace the best practice to enhance your chance of success and strive to harness the potential of clever design.

5.    Protect Your Concept from Competitors

While developing a new product, an entrepreneur needs to consider the importance of Intellectual Property (IP). Entrepreneurs can protect their concept by many ways ranging from patent to trademarks including Non-Disclosure Agreements during early stages of development. This move will safeguard their idea from being copied.

6.    Commercialize Your Ideas and Get into New Markets

If your desire is to extract maximum profit out of your investment in innovation then the only way to do it is by protecting your idea, identifying the targeted market, locating the correct doors to enter the market, and finally, understanding the prevailing market trends.

7.    Over Come Common Problems

Once you initiate the product manufacturing process, commercial or technical problems can often delay or disturb business innovation, and this can be a serious frustration for an entrepreneur. If you face any of these problems, then it is suggested to explore and adopt new solutions or approaches for product development.

New or Custom Product Development is an important business activity for all entrepreneurs, as it keeps a brand alive and active in the market. Moreover, it also helps an entrepreneur to stay ahead of the competition. If you don’t sweat on your idea, then someone else will steal it and enjoy your share of the cake.

If you are an entrepreneur, who is looking for free tips for new product development, product design, product prototype development and product marketing, then call GID, a product manufacturing company based in California, at 714-323-1052 or visit: www.gidcompany.com

8 Steps to Take You From Product Design to Manufacturing

8 Steps to Take You From Product Design to Manufacturing

Every business around the globe operates to earn the profit by selling their products or services. The quality of product or service offered by them is directly proportional to their success. Thus, companies undertake extensive research and development work when they introduce any new offering in the market. Most entrepreneurs engage in research and development for a new product that they want to introduce to the market. However, product idea and product design are the most important aspects of new product development.

Product ideas can be worth their weight in gold, but unless you have the potential to transform that idea into a fully functional product, it is nothing more than just an idea. Being a product design and manufacturing company, we understand that not every business owner is technically sound and possess the ability to create a functional product on their own. Therefore, instead of getting stuck somewhere in the middle of the manufacturing process, it is advisable to hire a product design company to do the job professionally.

Hiring an external product design company is extremely beneficial, but if you still want to do the job by your own, then follow these steps to bring a product idea to life.

Step 1 – Product Idea

This step comprises of basic drawing revolving your product idea. Therefore, always ask yourself – what would be your product, for whom you are developing a product, what would be the features of your product, and how to make it user-friendly?

Step 2 – In-depth Research

Even though you might have a unique product idea, but make a research about whether your targeted market is ready for it or not. It is necessary to study the existing market trends and requirements. Therefore, you need to conclude what is currently ruling in the market and is there anything identical to your product concept. If you find something identical, then how is your product going to be better?

Step 3 – Product Design and Development

Make the use of information that you have collected from your survey/study. Based on the collected information, start creating product designs. But wait, when you are outlining the design of your product, you need to ask yourself the following questions:

  1. What is the job of my product?
  2. Will the product be reliable?
  3. Will my product be able to survive the rough use?
  4. Can the product be manufactured at a cost effective price?
  5. What will be the quality of my product?
  6. What raw material is best for development?

Step 4 – Research and Development of the Final Design

This is the final step to your product designing with dimensions and raw-material selection; therefore, before you move on to prototyping stage or manufacturing phase, make sure you have a complete sketch to work from.

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Step 5 – CAD

With the help of 3D modelling software (CAD – Computer Aided Design), you will develop a computerized 3D model of your absolute product design. These 3D models will often show up problematic areas where the theoretical stresses and strains on the product to be developed will be exposed. If any problem persists, it is a best phase of product development to handle the design errors and go back to step 4.

Step 6 – Prototype Development

Once you get the green signal from the previous step, it is the time to create a fully functional prototype of your product design using computer aided engineering systems. A physical model of your design is the best option for testing product features.

Step 7 – Prototype Testing and Feedback

Test your product prototype with family, friends, and potential financiers. You must be fair with your decisions while testing the prototype and listen to the feedback you get back from other people. Check, whether every part is functioning properly or not. If your prototype is not perfect, then move back to 3rd step and start on your product designs.

Step 8 – Product Manufacturing

Once you are satisfied with the performance of your product prototype, you can proceed to the manufacturing stage. Product manufacturing expenses entirely depend on the density of your product, especially, if there are numerous parts, material selection, high batch product or low batch numbers. Being a smart business owner, you need to consider these factors to make sure you manufacture a healthy product for handsome profit.

Follow these steps to take your product idea to manufacturing. Engineering plays a crucial role in custom product development, but marketing, sales, and manufacturing are crucial, too. A successful new product comes from the harmonic combination of insights from all areas.

To know more about product design and development service in California, please visit: www.gidcompany.com