CONGRATULATIONS
ON YOUR
PRODUCT IDEA!
PRODUCT
DEVELOPMENT
PROCESS
DEVELOPMENT
PROCESS
The world needs dreamers and the world needs doers. But above all what the world needs most are dreamers that do. Design creates culture. Culture shapes values. Values determine the future.
Our Team Can Turn Your Idea Into Reality
We know that having that eureka moment when you solved your own or your close one's problem is breathtaking, you want to start acting upon your idea right away and introduce it to the market. We know it that well, that couldn't help but write about it on our blog.
Product development is a journey, and let us share with you what to expect along the way!
Product development is a journey, and let us share with you what to expect along the way!
Sarah Ban Breathnach
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Identifying market and intellectual
property opportunities, developing
your idea, and compiling a
scope of work.
property opportunities, developing
your idea, and compiling a
scope of work.
Creating a conceptual design of
your product, CAD models and
renderings.
your product, CAD models and
renderings.
Preparing and filing a PPA to secure
your patent priority date and get the
Patent Pending status.
your patent priority date and get the
Patent Pending status.
Gathering and analyzing
feedback from potential customers.
feedback from potential customers.
Building product prototypes,
testing their functionality
performance & design.
testing their functionality
performance & design.
Preparing and filing applications
for patents, trademarks, & other
intellectual property assets.
for patents, trademarks, & other
intellectual property assets.
Sourcing suppliers, optimizing
the product design for
cost-efficient manufacturing,
preparing the documentation.
the product design for
cost-efficient manufacturing,
preparing the documentation.
Sourcing suppliers, optimizing
the product design for
cost-efficient manufacturing,
preparing the documentation.
the product design for
cost-efficient manufacturing,
preparing the documentation.
Not provided by LA NPDT
Not provided by LA NPDT
Identifying potential sources
for funding manufacturing and
marketing of your product.
for funding manufacturing and
marketing of your product.
Discussing and negotiating
licensing agreement terms with
interested companies.
licensing agreement terms with
interested companies.
Identifying companies with possible
interest in licensing or purchasing your intellectual property.
interest in licensing or purchasing your intellectual property.
Making your product in large
quantities, packaging it, and
preparing for order fulfillment.
quantities, packaging it, and
preparing for order fulfillment.
Not provided by LA NPDT
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PRODUCT LAUNCH
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Before you will jump into the actual development of the product, you need to do homework on what is already on a market and how people or machines solve problems at this time. At this stage, you need to identify market and intellectual property opportunities. Perform a SWOT analysis and answer many questions including:
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What problem/pain points are you solving? Are there any solutions on a market that can solve those problems already? Are there any patents with solutions to the identified problem?
Who is the target market? What do they do for a living? Do they really worry about the problem? Will they pay to solve it?
What features in your idea are needed to solve this problem and make the target market to buy it? What are the bare minimum? Put constraints here.
Who is the target market? What do they do for a living? Do they really worry about the problem? Will they pay to solve it?
What features in your idea are needed to solve this problem and make the target market to buy it? What are the bare minimum? Put constraints here.
After answering the above questions you will be able to draw a road map of your idea evolution and have solid data to make a decision regarding your next steps. Our company will be able to help you during this stage with our Product Discovery Service or a Realizr Tool designed specifically for DIYers.
INPUT:
OUTPUT:
Your idea synopsis
Existing solutions & major players
Existing solutions & major players
A clearer vision of what your product will become:
What features it should have
How it will look
How it will look
More knowledge about what it will take to develop ideat:
How much it will cost
How much time it will take
How much time it will take
An awareness of your competition:
If any similar products are out there
The results of a Preliminary Prior Art Search
The results of a Preliminary Prior Art Search
Hand drawings of your idea
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After you made your decision about the next steps based on well-researched data, the time has come to give a virtual form and shape to your idea. This is typically done through illustrations or CAD models. In the concept design or industrial design stage, your idea will be thought through from all the angles and wants of your target audience. The look, functions, and feel of your idea will be developed based on the set constraints, wants, and needs of the audience. It shows what the product will look like, behave, and function. At this stage, the design is more abstract. Details come later. Our team will be happy to assist you with this important step, to learn more about it, visit our website.
INPUT:
OUTPUT:
Results of a discovery stage, or
Provided description with features and aesthetic look of your idea
Provided description with features and aesthetic look of your idea
3D Model of your idea
Renderings of your idea
Renderings of your idea
PROVISIONAL PATENT APPLICATION
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In order to protect your idea at an early stage, we recommend submitting a Provisional Patent Application with USPTO. This way you will be able to secure your idea and run consumer surveys to improve your idea, identify weak spots, and work on those to increase the chances of your idea success. Our company will not be able to do that for you, but we will be happy to recommend several patent attorneys or agents who will excel at this task.
INPUT:
OUTPUT:
Results of discovery stage and concept design, or
A detailed description of your ideas (functionality and look)
A detailed description of your ideas (functionality and look)
Provisional Patent Application submitted to USPTO
So, you have a concept design for your product. You know all the ins and outs of how it will look and work. You've done all your planning and covered all your bases, at least when it comes to the idea itself.
But before you invest in prototyping and testing, you need to start with market research services and do a prior art search. This is when we find information on the current market environment and the available products that might be similar to yours.
The market research step encompasses surveys, focus groups, and analysis of your competitors' marketing strategies. It also includes a prior art search, which specifically involves research in patent and non-patent literature to discern what has been done before and how similar it is to your idea. The depth of the research will depend on the complexity of the idea, though an exhaustive study is generally best.
But before you invest in prototyping and testing, you need to start with market research services and do a prior art search. This is when we find information on the current market environment and the available products that might be similar to yours.
The market research step encompasses surveys, focus groups, and analysis of your competitors' marketing strategies. It also includes a prior art search, which specifically involves research in patent and non-patent literature to discern what has been done before and how similar it is to your idea. The depth of the research will depend on the complexity of the idea, though an exhaustive study is generally best.
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INPUT:
OUTPUT:
Results of product discovery and concept design stages, or
Target audience characteristics
A detailed description of your idea and supporting renderings/drawings
Target audience characteristics
A detailed description of your idea and supporting renderings/drawings
A detailed report which will include results of consumer surveys (if they like your idea, what they want, what they would like to change)
A competitors landscape with opportunities for improvements
A prior art report with identification of similar patented inventions
A competitors landscape with opportunities for improvements
A prior art report with identification of similar patented inventions
Prototyping is an integral part of product development where craft, sciences, and technology meet each other to bring your idea into a physical world. A prototype is needed to determine the feasibility of your idea design. It also helps to identify opportunities for improvements.
Prototyping is a creative process, which helps you to improve your invention in terms of performance, appearance, and market fit. It helps you to streamline manufacturing, and overall reduce the cost of your project.
There are several types of prototypes, and depending on your goals and complexity of your idea you might need to have all of them.
Prototyping is a creative process, which helps you to improve your invention in terms of performance, appearance, and market fit. It helps you to streamline manufacturing, and overall reduce the cost of your project.
There are several types of prototypes, and depending on your goals and complexity of your idea you might need to have all of them.
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MOCKUP PROTOTYPE
"looks-like prototype"
PROOF OF CONCEPT PROTOTYPE
"works-like prototype"
FUNCTIONAL PROTOTYPE
"works and looks-like" prototype
"looks-like prototype"
PROOF OF CONCEPT PROTOTYPE
"works-like prototype"
FUNCTIONAL PROTOTYPE
"works and looks-like" prototype
It's important to remember, that a prototype is not a final product and most likely your will need to have several prototypes to be done to ensure that your idea will function at its best.
INPUT:
OUTPUT:
Your idea description
2D Drawings
Type of a prototype needed
2D Drawings
Type of a prototype needed
Prototype
If you decide to file a patent for your idea, results of all above steps need to be provided to a patent attorney/agent, so they can start working on your patent application. Our team will not be able to help you with this step, but we will be happy to refer you to several trusted partners.
IP PROTECTION
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Not provided by LA NPDT
You are getting closer to start manufacturing your idea. Here comes a time when you need to develop a bill of material, product specifications, manufacturing drawings, quality control points, and many other aspects to ensure that your product meets the quality requrements. Finding a reliable manufacturer can be a tough task as well. Our team will be able to help you to harness all those technically complicated tasks including either manufacturing your product or finding reliable suppliers.
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INPUT:
OUTPUT:
CAD drawings, prototypes
Bill of material
Manufacturing drawings
List of reliable suppliers
Manufacturing drawings
List of reliable suppliers
To have your product manufactured without developing a distribution system will do no good for any stakeholders. Depending on your product launch strategy, you might need to have a basic landing page, social media accounts, sell sheets, and other marketing materials to share your idea with you target audience. Building a strong brand at the beginning and surrounding yourself with loyal early adopters will ensure the success of your idea on a market.
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INPUT:
OUTPUT:
Product Vision
Target Audience
Product Renderings
Target Audience
Product Renderings
Marketing Material agreed at the scope of work
Our team of marketing and branding experts will be happy to help you with this crucially important task. Learn more about our marketing service here.
Identifying companies with possible
interest in licensing or purchasing your intellectual property
interest in licensing or purchasing your intellectual property
IDENTIFYING AND
APPROACHING COMPANIES
APPROACHING COMPANIES
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LICENSING
Discussing and negotiating licensing agreement terms with
interested companies
interested companies
TERMS NEGOTIATION
In most cases, to further develop or market your idea, you will need access to the external capital. Our company through the vetted network might help you to identify the funding opportunities which might include grants, angel investors, venture capitalists, among others.
FUNDING SEARCH
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VENTURING
Making your product in large quantities, packaging it, and preparing for order fulfillment
MANUFACTURING
The time has come to launch your idea. Which is just a beginning of the journey on which we wish you the best of luck!
PRODUCT LAUNCH
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It requires focus and perseverance. In order to achieve your goals, keep in mind that you must expect great things and make them happen.
SUCCESS DOESN'T COME OVERNIGHT.
2031 Kings Hwy, Shreveport, LA 71103
