Frequently Asked Questions About New Product Development
WE GOT ANSWERS
Have questions about new product development? We have compiled a list of frequently asked questions from our potential customers to assist you in understanding our services better. For any questions not covered here, please feel free to reach out.
HOW MUCH DO YOUR SERVICES COST ?
Our pricing is transparent and structured. We provide detailed estimates before initiating each project stage, with costs outlined for your clarity. A 50% deposit is required to commence work, with the balance due upon stage completion. We eschew hourly fees, focusing instead on delivering value.
HOW LONG DOES IT TAKE?
Product development duration varies, typically ranging from three months to two years. This timeframe depends on factors like complexity, resource availability, and the specific requirements of the project. We engage in a detailed discussion prior to project initiation to set clear expectations regarding time and investment.
*Learn more about how long it takes to build different prototypes.
Can you outline your process?
ARE YOU ABLE TO BUILD PROTOTYPES?
Certainly! We possess the expertise to construct various prototypes, ranging from mechanical and electrical to fabric and mobile app prototypes. Employing rapid prototyping technologies, we can expedite this process to bring your concept to life efficiently.
WHAT PRODUCTS HAVE YOU PREVIOUSLY DESIGNED?
Our portfolio is diverse, spanning toys, heavy machinery, automated lines, and IoT devices. We have a particular proficiency in mechanical products (tools, mechanisms, machinery) and electronic products, including IoT devices and wearable and wireless gadgets utilizing GPS, GSM, and Bluetooth technologies.
DO YOU ASSIST WITH PATENTS?
While we conduct thorough prior art and market searches, we do not offer patent writing or filing services. For these needs, we can connect you with experienced patent attorneys and agents from our trusted network.
DO YOU HAVE IN-HOUSE ENGINEERS AND DESIGNERS?
Indeed. Our talented team comprises engineers and designers holding advanced degrees and possessing a wealth of industry experience, ready to bring your vision to fruition.
WHO RETAINS OWNERSHIP OF THE DESIGN?
Once the work is fully compensated, the ownership of the design is entirely yours.
DO YOU SIGN CONFIDENTIALITY AGREEMENTS?
DO YOU HAVE A LIST OF INITIAL QUESTIONS OR A QUESTIONNAIRE FOR NEW PRODUCT DEVELOPMENT?
WHAT CAN I EXPECT AS A PROJECT OUTCOME?
Outcomes are mutually agreed upon before project initiation. For clients opting for our comprehensive turn-key product development service, expect a seamless experience from ideation to market launch. This holistic service includes conceptualization, design, prototyping, testing, and preparing for manufacturing through design for manufacturing (DFM) strategies. Additionally, we offer manufacturing support to ensure your product is not only well-designed but also efficiently produced. Beyond the product itself, we assist in crafting compelling product launch and marketing materials, positioning you effectively in the marketplace. You will receive detailed documentation, 3D CAD models, 2D drawings, and photorealistic renderings, alongside optional deliverables like 3D animations, VR experiences, BOMs, prototypes, and more. Each service is tailored to meet your specific project needs, providing a comprehensive toolkit for success.
HOW DO WE INITIATE A PROJECT WITH LA NPDT?
Starting a project is simple. Reach out to us to schedule an initial, complimentary consultation where we can discuss your idea and our process in detail.
