Take It To The Next Level
Congratulations! You followed the 3D Ideation Process outlined in the
Realizrā¢ and thought through the details, developing the idea as you went.
It is no longer a random thought, but a well-designed, detail-oriented idea that has a good chance of being turned into a product. We hope the Realizrā¢ brought value to you as you worked to maximize your idea.
But now what? Who makes that product? What needs to be done before the product is made? How much is this going to cost me? Do I need an investor?
Letās take a look at how that product idea is turned into an actual physical product – one that you can touch, feel, and sell.
The Road to Product Development
You’ve already taken the next step, just by visiting this page. Whether you have decided to move forward through the process, or are still considering your options, let us help you understand the processes that bring your product idea through to fruition, and allow you to achieve your dream of sharing your product with the world. You’ve come so far, by following your initial thought through the idea process. Here’s what happens next.
PRODUCT DESIGN
The next natural step in the process is to focus on the product design. Product design is a critical step in the product development lifecycle. This is where engineers figure out how to eliminate those nuances you found. A good design:
- Attracts more customers, giving you an edge on your competition.
- Differentiates you from your competition.
- Makes life easier and more comfortable for your consumer.
- Ensures your product offers overwhelming value.
- Elevates your brand.
The product design process includes the following steps:
- Creation of CAD (computer-aided design) images
- Creation of virtual models
- Market Research
- Industrial and Product Engineering
PROTOTYPING
You key piece of the puzzle that is often missed is whether an inventor should follow the venturing path and build their own business for their product, or whether they should follow the idea licensing path and license the product to another business. Both answers are right in different scenarios. Our team can walk this path with you, helping you decide what is best for your unique situation.
Identifying Potential Licenses or Building a Business
You key piece of the puzzle that is often missed is whether an inventor should follow the venturing path and build their own business for their product, or whether they should follow the idea licensing path and license the product to another business. Both answers are right in different scenarios. Our team can walk this path with you, helping you decide what is best for your unique situation.
FUNDING AND NEGOTIATION
Your idea may need funding, either through a bank, an investor, or another company. There are many good ways to get funding for your project (and some not so good ways). Our team can work with you to navigate the highway and find the right investors for you.
MANUFACTURING
Every product needs a solid manufacturer in order to succeed and every inventor needs a manufacturing company they can trust to bring their product to life. LA NPDT has a network of manufacturing companies that we work with regularly that can help may your product a reality. These manufacturers have proven their trustworthiness and reliability time and again and we are proud to partner with them in our manufacturing phase. Let our partners work for you.
PRODUCT DESIGN
The next natural step in the process is to focus on the product design. Product design is a critical step in the product development lifecycle. This is where engineers figure out how to eliminate those nuances you found. A good design:
- Attracts more customers, giving you an edge on your competition.
- Differentiates you from your competition.
- Makes life easier and more comfortable for your consumer.
- Ensures your product offers overwhelming value.
- Elevates your brand.
The product design process includes the following steps:
- Creation of CAD (computer-aided design) images
- Creation of virtual models
- Market Research
- Industrial and Product Engineering
PROTOTYPING
You key piece of the puzzle that is often missed is whether an inventor should follow the venturing path and build their own business for their product, or whether they should follow the idea licensing path and license the product to another business. Both answers are right in different scenarios. Our team can walk this path with you, helping you decide what is best for your unique situation.
Identifying Potential Licenses or Building a Business
You key piece of the puzzle that is often missed is whether an inventor should follow the venturing path and build their own business for their product, or whether they should follow the idea licensing path and license the product to another business. Both answers are right in different scenarios. Our team can walk this path with you, helping you decide what is best for your unique situation.
FUNDING AND NEGOTIATION
Your idea may need funding, either through a bank, an investor, or another company. There are many good ways to get funding for your project (and some not so good ways). Our team can work with you to navigate the highway and find the right investors for you.
MANUFACTURING
Every product needs a solid manufacturer in order to succeed and every inventor needs a manufacturing company they can trust to bring their product to life. LA NPDT has a network of manufacturing companies that we work with regularly that can help may your product a reality. These manufacturers have proven their trustworthiness and reliability time and again and we are proud to partner with them in our manufacturing phase. Let our partners work for you.
Product Development Process Map
At LA NPDT, we turn your idea into a tangible product that benefits your bottom line. OurĀ product development services include concept development, rapid prototyping, testing, IoT product design, and electronic design service also the product to market transition (commercialization).
New Product Development Process Map. Click Image to View Full Size.
FREQUENTLY ASKED QUESTIONS
How much will it cost?
Each project starts with a free consultation. We then provide an estimate for each project. You pay what is quoted. We believe you should only pay for the end result, so we don’t charge additional hourly fees or any hidden fees.
How long will it take?
Every project is different and depending on the required resources and complexity of the project, can take anywhere from 3 months to 2 years. Before working on your project, we’ll provide you with a product development plan that will include timelines for your specific project.
Here are a few examples of some of the project phases:
Prior Art Search – 1-2 weeks
Concept Design – 2-3 weeks
Prototyping – 2-8 weeks
Sell Sheet Design – 1 week
When should I apply for a patent?
Applying for a patent can take time. As soon as you are sure that you would like to manufacture a product, the patent process should be started. We will help you with the prior art search and market search, and refer you to our vetted network of trusted patent attorneys to help you through the process.
Should I build a business around my idea? Or license it?
This is an individual choice, and it largely depends on your product, your expectations, and the complexities that come with each project. Our team will help you navigate this path and give you the information you need to make an intelligent and informed decision that will best fit you and your product.
LA New Product Development Team
We are a full-service product development company, created by inventors, for inventors. Our unique perspective on product development allows you to have the entire product team under one roof. The teamwork, collaboration, and communication that happens when we work closely together and closely with you results in you receiving your prototype and products quickly and easily. We do the work, while you continue to run your business.
Once you have a prototype you are happy with, we can help you manufacture and market your product. Our approach of a start-to-finish product cycle gives you the opportunity to let one trusted company do all the work, instead of hiring a company for each different phase of the process.