IDENTIFY THE MARKET, PROBLEM, AND SOLUTION
"A comprehensive product development process is essential to prepare for future inspection or testing demands, and ensure the product is moving in the most profitable direction."
It’s essential to start the process by identifying gaps or inefficiencies in a current market space. Once you have identified an opportunity — an existing problem or shortcoming within a key target market — you can then develop a solution that addresses the problem and is appropriately tailored to the market.
COMPLETE A COST-PROFIT ANALYSIS
Products that will require lengthy testing procedures and certification processes, such as pharmaceuticals, need to be carefully evaluated for their long-term profitability. Products that require high levels of initial investment to design and fabricate also need to be carefully assessed. Every potential new product should be carefully analyzed to determine how much capital it requires to launch, the expected time to profitability, and the risks associated with investing in the product.
MARKET AND PRODUCT RESEARCH
Research is a vital component of every product development process. It’s also important to measure the target market’s responsiveness to similar products and solutions to gauge likely adoption rates. This includes confirming that the idea isn’t previously copyrighted, becoming familiar with certification or inspection demands, and more.
PROTOTYPE ASSEMBLY, ADJUSTMENT AND FINISHING
We produce prototypes for quick tests where surface details and finishing must be of the highest quality. Whatever your requirements we have the expertise to produce fantastic product prototype results.
PROTOTYPE TESTING AND DESIGN EVALUATION
The main use for prototypes is for design testing and evaluation so that the product can evolve through the design process and avoid problems during manufacturing stage. All designs are different and present unique challenges and senarios. Mechanisms and electronic designs must be perfected to ensure product success. Prototyping is an iterative process of adjusting and developing the design, and repeating until the design is ready for manufacturing and launch.