What Is The Cost Of Product Prototype Development?

Product Prototype Development - GID Company

Have you ever come across PCE, which stands for Price Cost Estimation? It’s a term used in project management to refer to the process of predicting the cost and resources required to complete a project within a defined scope. Typically, this involves considering direct costs, indirect costs, and various other factors to calculate a budget that fulfills the financial obligations necessary for a successful project. GID Company leads the way in prototyping a product, bringing your ideas to life with precision, creativity, and cutting-edge technology.

When embarking on a new product development endeavor, it is crucial to incorporate PCE, particularly during the prototyping and design stages. This allows you to adequately prepare by ensuring you have the necessary capital available for these phases.

So, how should you approach cost estimation when creating prototypes? We have compiled a few key points to consider during this stage of your product development. Therefore, make sure you read until the end.

How to calculate the cost of prototype development?

When you engage our professional services to estimate the cost of your prototypes, we follow several stages to thoroughly assess your product. This approach enables us to provide you with an accurate and well-informed estimation for your business before proceeding with the creation of the model for your invention.

Below are some of the stages, that will help you understand and estimate the cost of prototype development:

The Get-Together Stage for Initial Discussion:

This is the stage of Prototype development when our team of product developers, product designers, and prototyping experts will have a sit together to discuss how the prototype is going to be built. The initial stage plays a crucial role as it establishes the foundation for the subsequent steps in this process. It serves as a blueprint, outlining a step-by-step guide on how to approach prototype creation. The decisions made during these brainstorming sessions have a significant impact on the cost of building the prototype. Why is that? Because they determine the timeframe, materials, and expertise required to successfully execute the prototyping phase.

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The price of the prototype building can vary depending on the complexity of the project and product at hand. These three aspects of prototyping, namely timeframe, materials, and expertise, may differ in cost based on the specific requirements of the project.

Evaluating the Cost of Raw for Prototyping

The second stage involves determining the cost of the materials required to create the prototype. In this stage, the bill of quantities, which includes all the necessary supplies, is utilized to calculate the cost of each raw material.

Engineers typically seek out cost-effective materials that still fulfill the functional requirements for the product prototype. However, the final material costs are subject to market forces, which can influence and fluctuate the overall expenses.

Evaluating the Cost of Labor Involved:

It’s important to recognize that different types of prototypes require distinct teams or labor. Each product has its unique characteristics, and as a result, we approach them with a specialized perspective that guides our actions for each project. An essential consideration for every product prototype is determining the necessary expertise required to carry out the prototype’s creation. Once this expertise is identified and confirmed, the cost associated with securing the required labor can be calculated.

The labor involved in this phase will be responsible for producing all the parts, assembling the prototype, and ensuring its functionality.

Get a Ballpark Cost of Product Prototype Development

To obtain an initial, free estimate of the cost involved in creating a prototype for your product idea, get in touch with Jim Grimes today. By providing answers to a few questions regarding your product, you will receive an approximate price range for developing a prototype of your envisioned product. You can share your product idea with us by filling out this contact us form or calling us at +1714-323-1052.

Frequently Asked Questions – FAQs

How much should a prototype cost?

On average, the cost of prototyping typically ranges between $3,000 and $10,000. The specific cost is influenced by the number of iterations required during the development of the product prototype. This iteration process is often influenced by the complexity of the product itself. Investing in prototyping is highly beneficial as it can potentially yield a return on investment many times over through funding for your invention. Investors are generally more convinced and inclined to provide financial support when presented with a proof-of-concept prototype. Having a tangible prototype significantly increases the likelihood of securing funding for your project.

Can GID Company help me with prototype development?

Yes, GID is a renowned product development company located in California. You can contact Jim for new product development, product design services, prototype development, and more. To learn more about the services offered, please call Jim at +1714-323-1052.

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How do you know your product idea stays confidential?

Being a reputed and leading product development company in California, GID Company offers guaranteed confidentiality to all our valued clients. With GID Company as your prototype development partner, your product concept and idea are safe with us. Additionally, you can sign a Non-Disclosure Agreement (NDA) with our prototyping development firm. You can like our Facebook page and follow us on Twitter as well.

Guidelines – For Developing Product Prototypes

Guidelines – For Developing Product Prototypes

Conceived a brilliant idea for a groundbreaking new product? That is great! So now what? Well, as a prudent inventor, what you first need to do is build a prototype of your conceived product. No matter how simple and obvious your product concept sounds, the hard fact is that, realizing a new product is a very complicated task. Developing prototypes for your concept, however, can ease a lot of pain.

Prototype development plays a vital role in the new product development. Not only do prototypes give you a clearer picture of how your conceived product will look, feel, and function like, but they also help you attract the stakeholders as well as better the final product. With our years of experience in the field product development, we advise every inventor not to overlook the importance of building product prototypes. Product prototypes are the foundations of a new product. Here are some important guidelines to follow when developing product prototypes.

  1. Scale: One of the cardinal drawbacks when designing your concept in a computer application, like CATIA or SOLIDWORKS, is the lack of scale. A small 1-inch component or part of the conceived product can look big on the computer screen, but in the real-world, it is just a 1-inch component or part. To overcome this issue, what you need to do is 3D print the components as often as you can, especially for the small parts. 3D printing is not too expensive these days; you can either buy your own 3D printer or outsource your requirements to someone specializing in 3D printing. By 3D printing small components to judge the scale, you can avoid a lot of complications later on.
  2. Make a lot of prototypes: Don’t just create a single prototype; develop five or ten or as many as you can afford. When your product design is near its perfection, it is best to build several product prototypes. When assembling prototypes, try to do so with your hands. When you build the prototypes with your hands, you will know how they come together. Take notes of how each part fits and how many times you need to make the adjustments. If you can videotape yourself assembling the prototype, then by all means, do so. You can later re-watch the videos and figure out what is going wrong.
  3. Let someone else assemble the prototype for you: Ask your friend, family member or someone you know to assemble your prototype. Watch them closely. See how they interact with your prototype, and ensure that you give minimum instruction to them. That way, you will be able to easily and quickly identify all the pain points regarding the assembly of your prototype. It will certainly be frustrating to watch someone assemble your prototype, but believe it, this is a great way to gather knowledge about your prototype.
  4. Team up with a product prototype development company: When building your product prototype, you will, at some point, wish that you had a professional helping hand. After all, product prototype development is not a piece of cake! This is where a professional product prototype development company comes into play. Such a product prototype development company has skilled mechanical, electrical and all sorts of engineers who have years of experience in product prototyping. Not to forget, a prototype development company also has all the necessary tools and resources that help in product prototyping. Partnering with a product prototype development company is definitely not a bad idea. The company can point out where you are going wrong with your prototype, assist you overcome various problems, and can even help you build product prototypes from scratch.

Developing product prototypes is never a waste of time, efforts or resources. Prototypes help further your conceived product idea to reality. As an inventor, never overlook the importance of product prototype development. Just remember, developing prototypes is one of those important keys that lead to a successful outcome of your conceived product.

If you need help with new product prototype development, then partner with GID Development Corporation today. A leading product prototype development company in California, USA, GID Development Corporation provides product design, rapid product prototyping, product development and other product fulfillment services. Utilizing contemporary technologies, like the 3DEXPERIENCE Platform from Dassault Systèmes, which includes 3DVIA, CATIA V6, SOLIDWORKS, BIOVIA, and other CAD / CAM / CAE computer applications, and 3D printing processes, experienced engineers at GID Development Corporation can create accurate product prototypes, swiftly and economically.

Whether it is creating prototypes for electromechanical products, sports products, medical device products, embedded software products, or any novel products, GID Development Corporation, an expert product prototyping company in California, will “GET IT DONE!” Learn more about GID Development Corporation.

Have any queries regarding product prototype development? Or perhaps 3D printing? Just call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST, for a FREE 15-minute telephonic conference.

Getting a Product Prototype Developed

Getting a Product Prototype Developed

Product prototype development is one very important step. No entrepreneur inventors can successfully bring a new product to the market without having a prototype developed for it first. A product prototype is the first physical form of a conceived product idea. It gives a better perception, whether the product would work or not. A product prototype also helps identify any problems that the product may have; knowing what the potential problems are beforehand will help eliminate those problems and make the final product better.

For entrepreneur inventors, product prototype development can be radically tough. Fortunately for them, they do not have to make prototypes themselves, as there are many product prototype development companies, engineering firms, machine shops, and other specialized places that can create product prototypes swiftly. Here are some steps that entrepreneur inventors should consider when it comes to product prototype development:

Step 1. Create conceptual sketches of the imagined product, and then create exhaustive drawings for the same. To create conceptual sketches, inventors can try the traditional approach – use a pencil/pen and paper. They can also hire someone to draw the sketches. Rough sketches of the conceived product are necessary. Based on these rough sketches, inventors should get detailed drawings of the product drawn on the computer. CAD (computer-aided design) applications can help in this regard. These detailed drawings are what inventors need in order to explain their product concept to the prototype development company.

Step 2. Search and team up with a good product prototype development company that can help create reliable prototypes based on the requirements and detailed drawings. If the conceived product is to be made from plastic, partner with a product prototype company that specializes in plastic product manufacturing. If it is to be made from metal, seek a company that specializes in creating metal prototypes. If the conceived product is to be made from thermoplastic, rubber, ceramic, or other such malleable materials, then approach a prototype development company that specializes in rapid prototyping or 3D printing (additive manufacturing). Rapid prototyping and 3D printing, by the way, are modern processes that facilitate swift product prototype development.

Note: Get the prototype developed of the same material you intend the final product to be made of; that way, you can get the proper understanding and feel of the conceived product.

Step 3. Redevelop the prototype, until it becomes the archetype of the conceived product. No one can have the perfect prototype on the first try. Several prototypes need to be developed in order to get the archetype, based on which mass production can be initiated. There are certain technologies available, like DS 3DEXPERIENCE Platform, which includes SOLIDWORKS, SIMULIA, GEOVIA, CATIA V6, etc., that help create swift and accurate prototypes; yet, at least, few prototypes need to be made. Often, the redevelopment of prototypes arises due to functional or structural changes; however, other factors may also incite the redevelopment of the prototype.

Step 4. Initiate the mass manufacturing based on the archetype or final product prototype. Now that the archetype or the final product prototype is ready, which is perfect in every sense, entrepreneur inventors should proceed with mass production of the conceived product. Partner with a reliable product manufacturer or, if the budget is not the constraint, set up your own manufacturing facility. Once the product starts rolling out in bulk quantity, take it to the market and start selling to the potential customers.

If you need help with product prototype development, then get in touch with GID Development Corporation. A leading product prototype development company in California, GID Development Corporation not only provides prototype development services, but product design, product development, and other product fulfillment services as well. Just head over to https://www.gidcompany.com/ to learn more.

GID Development Corporation always believes in assisting their customers in any way they can; hence, they are currently offering a 15-minute free telephonic conference to answer various product design, product prototyping, and product development-related questions that the entrepreneur inventors may have. All the entrepreneur inventor needs to do is call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST. Checkout our product Steri-Write.

Prototype Development of Products with Electronics

Prototype Development of Products with Electronics

Electromechanical Products: Do you have a great idea for a new product with electronics? Want to materialize your idea into a real product and take it to the market? Well, the first thing to do is to develop a working prototype. Prototype development of products with electronics is essential to test and try the products before introducing them to the actual consumers. So, where should you begin with the prototype development of products with electronics?

Prototype development of products with electronics is, no doubt, challenging and expensive. You also would not get the desired results immediately without a prototype. If you, however, break down the product prototype development process into manageable steps, it is possible to succeed with the working prototype.

Prototype development of most products with electronics can be divided into two segments – the electronics segment and the plastic case segment. Let us have a look at each of these segments.

The Electronics Segment

Developing a prototype of the electronics segment of your conceived product can be divided into four steps.

If you are well-versed with electronics or if you are a do-it-yourselfer, you can skip the first two steps. Otherwise, you will need to team up with a product prototype development company that is experienced in the development of prototypes for products with electronics.

Step 1. Create the Schematic

The first step in the development of the electronics segment is the creation of the electronics blueprint or schematic for your product. This blueprint states all the important details of building the electronics segment, including how the necessary components and modules are connected.

Which components are needed will also be specified in the schematic. A bill of materials (BOM) or associated list will be prepared, itemizing every electronic item.

Step 2. Develop a Basic Prototype

Depending on your project and your budget, you may or may not want to develop a basic prototype of the electronics segment.

To create basic prototypes for the electronics segment, you can use breadboards. Utilizing breadboards, you can somewhat crudely, but fairly quickly connect various electronic components. If your project requires advanced electronics, you may also use ready-to-use modules like the Raspberry Pi and Arduino.

Step 3. Design a PCB Layout

You will, at some point, require a production-quality prototype of your conceived product. To create a production-quality prototype, you will require the design and creation of a PCB (printed circuit board).

A printed circuit board is a custom-designed board that holds and connects all the necessary electronic components. Utilizing a special computer application, electronic engineers can turn the schematic of the electronics segment of the conceived product into a virtual layout. Designing a PCB layout is challenging because anything out-of-place can have a big impact on the performance of the final product.

Step 4. Fabrication of the PCBs & Assembly of the Electronic Components

After having a definitive PCB layout, you will need to send the layout to an electronics prototype development company for construction. Such a prototype development company will first fabricate empty PCBs.

After the fabrication of the PCBs, the next step is to assemble the various components on the PCBs through soldering. Most of the modern electronic components are minute and compact, making it very difficult to solder them manually. Therefore, a product prototype development company might employ automated machines to solder the compact and minute electronic components.

The Plastic Case Segment

Most products with electronics need some enclosure, and plastic cases are often the best choice. To create a custom-shaped plastic case for your prototype, you will need to utilize 3D printing or CNC machining.

Step 1. Create a 3D Model

You need to first design a 3D computer model of the required plastic parts. Unless you are proficient at creating 3D computer models, you will need someone expert for this step.

Even if you are capable of creating 3D computer models yourself, the computer software required to create definitive 3D models is very expensive; hence, it may be in your best interest to hire a 3D modeling expert.

Step 2. 3D Printing

Once you have the 3D model of the plastic case or other plastic parts, you can send the design files to a 3D printer for effortless and rapid prototyping. If you do not have a 3D printer, you can approach a prototype shop that offers a 3D printing service.

On the other hand, you can also procure your 3D printer. In the past several years, 3D printers have become cheap enough for personal use.

For the large-scale production of certain plastic cases and parts, however, a completely different technology is utilized. It is called high-pressure injection molding. Shifting a plastic design from a mere prototype to full-scale production is a complex as well as an expensive process. Therefore, teaming up with a plastic product manufacturer, that specializes in plastic product manufacturing with different techniques, will be a wise move on your part.

Product prototype development is vital. Once you have a working prototype of your electronic product development, you can proceed to get potential stakeholders, customer feedback, and a mass manufacturing partner. The path to success of a product with electronics is long, but it all begins with a product prototype.

If you need help with prototype development for products with electronics, then get in touch with GID Development Corporation. A new product prototype development company in California, USA, GID Development Corporation utilizes state-of-the-art technologies in order to develop precise product prototypes quickly and economically.

Aside from product prototype development, GID Development Corporation also provides product design, product development, and other product fulfillment services. GID also possesses the skills and knowledge of a plastic product manufacturer that helps them develop various plastic parts, components, and cases using different injection molding techniques.

Whether it is the design, development, or prototyping of products with electronics, products with imbedded software, mechanical products, electromechanical products, medical device products, or any generic or special-purpose products, GID Development Corporation will certainly “GET IT DONE!”

If you have any questions regarding product design, product development, or product prototype development, simply give GID a call. Currently, GID is offering a free 15-minute telephonic conference. So, just call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST.

Steps in Successful Product Design

Successful Product Design

New product design may seem like an easy process. The fact, however, is that it is not. A new product design involves several steps and processes that need due consideration. Failing to heed these steps and processes definitely will lead to unsuccessful product design. Here are some of the steps that entail in successful product design.

Step 1 – Evaluating the Problem

This is the primary step where you need to identify the real problem in the market. By identifying the real problem, you can come up with innovative ideas, and thereafter, solutions to resolve the identified problem. Your idea could stem from the lack of an adequate product in the market, or a product in the market that does not function as well as it should.

Step 2 – Extensive Research

This step involves thorough researching to see what similar products are currently

in the market. This is important as it ensures that the new product you are thinking about introducing in the market does not already exist. On the other hand, it will also help you identify various problems with the existing products. Understanding the problems with the current products will help you design your new product better.

Step 3 – Generating Ideas

After performing in-depth research, the next step is where you can begin forming ideas and concepts to come up with a viable solution. This is where you can start sketching your ideas and jotting down a list of features for your product on a piece of paper. It will be in your best interest if you can use a computer to draw your sketches and note your list of features. Computers are more reliable than papers or sketchbooks!

Step 4 – Creating Prototypes

Once you have the perfect or near perfect product design, you can proceed to product prototype development. This is the step where you can actually begin to see your idea materialize. A product prototype is a working / non-working model of your product concept. A prototype is beneficial in numerous ways; it gives you the picture of how your product will look like; it allows you to test and analyze so that you can make any changes if required; it helps attract potential stakeholders, and eventually finance for taking your product to the final stages.

Step 5 – Final Design

After the success of the prototype, you can proceed to finalize the product design. This final product design should incorporate all the intended functions as well as aesthetic aspects of the product. This final design should also comply to various standard compliances if there are any. Think of this final design as a product that is in a real consumer’s hand.

Step 6 – Thorough Testing

This is a vital step. Before proceeding to mass manufacturing and launching the product in the market, it is of cardinal importance that the product goes through rigorous testing. Product testing should not only be performed by experts, but by potential customers, as well. In case something goes wrong during this stage, like dislikes of product aesthetics or certain functions, you can go back a couple of steps and improve your product further. It will, of course, cost you to go back a couple of steps, but it will not cost as much substantially as it would if you skip this step.

Step 7 – Mass Manufacturing

If everything goes well during the testing stage, you are ready for mass manufacturing. Simultaneously during the mass manufacturing, you should also perform marketing and establishing distribution channels so you can take your product to the market to make Successful Product Design.

If you want to learn more about new product design, visit veterans at GID Development Corporation https://www.gidcompany.com/. GID Development Corporation is a leading product design company in California, USA. With a combined experience of over 40 years, the professionals at GID Development Corporation provide A – Z product fulfillment services.

You can also Call Jim at 714-323-1052 between 8:00 AM to 5:00 PM PST for a free consultation.

How to Develop a Successful Product Prototype?

How to Develop a Successful Product Prototype?

If you are planning to test your new product concept’s features, looks, and functionality, then product prototype development is the best option. It not only helps you analyze and examine the features of a product in the real time, but also helps you impress your potential customers and financiers. However, there are some rules that an entrepreneur should not ignore to ensure product success. GID, a product Design and Development Company, offers time-tested tips for successful product prototype development, and they are as follows:

  1. Are you new in the field? If yes, then start from here:

If product prototype development is not your expertise, then ensure you hire a product development company to do the job. When communicating with product designers and engineers, be specific with your requirements and explain what you want from them in detail. Also, don’t forget to educate and prepare yourself about the prototyping process so that you can easily understand what the company, you hired for prototyping, is talking about. Educating yourself about the prototyping process will help you dodge prototyping glitches, ensuring you are getting what you exactly want.

  1. Questions to ask a Product Prototype Development Company:

Whenever you hire a product manufacturing company to prototype your concept, do not forget to check its reputation in market and over the internet. Before you hire services of any company, ask them about their industry experience and their portfolio to investigate what kind of projects they have finished. Most importantly, hire a company having prior expertise in handling projects that are similar to yours. The Smoke Alarm, for instance, is not at all a complex product to develop; however, there are some crucial issues that require professional attention.

Don’t pursue “affordable” prototyping services; because affordable services are hardly quality-oriented. Instead, hire a company that excels in every facet of product development.

  1. Time and Cost for Product Prototype Development:

It is never that easy to nail down a custom product manufacturing project because there are many deciding factors, especially the development cost. A product prototype development company may charge you on an hourly basis or on the project basis. A multifaceted project may require more time and people; hence, the overall development cost may go beyond your estimation. To avoid the unnecessary expense of money and waste of time, frequently communicate with your company and express your project requirements.

The product prototype development indeed is a complicated process; therefore, if you don’t have prior experience, suitable tools, and proper understanding of the subject, it is recommended to hire a product prototype development company. If you are living the United States of America, and searching a product development company, then contact us. We are GID, a new product Design and Development Company, offering professional prototyping services to entrepreneurs and investors.

To explore our expertise in prototype development, please visit our portfolio @ www.gidcompany.com/our-portfolio/, or to share your concept, feel free to contact us @ www.gidcompany.com/contact-us