How Much Does Product Prototype Development Cost?

Understanding Product Prototype Development Cost

If you are planning to develop a new product but are worried about the product prototype development cost, then you are in the right place. We are GID Company, a product development company in California, and we are here to discuss how much a new product development will cost you. You can also read this blog, where we have already discussed Costs Involved in Taking a New Product to the Market.

Importance of Prototyping in Managing Product Prototype Development Cost

However, before going for a full-fledged development, you should prototype your idea as it will help you improvise your product (both technically and aesthetically) and make your product more value for money. Thus, let’s first try to find out how much does product prototype development cost you.

Factors Influencing Product Prototype Development Cost

To calculate the product prototype development cost, you need to figure out where do you stand on your product development journey. You can identify this with the help of the product development process stages mentioned on our website. At different stages, you will need different types of prototypes to test the design and functionalities of your developed product.

Phase 1: Concept Design Prototyping:

This stage of prototyping is all about testing the user experience and preference with the design of the product and winning their faith and loyalty. Third-party comments will help you add value to your product. Below are the types of a prototype that are usually developed at this stage:

• User Interface Mock-ups
• Foam models
• Wireframes, virtual 3D Renderings
• Wizard of Oz functionality (beauty models)

Prototype development cost at this stage is comparatively low, as most of the materials required for the prototyping are off the shelf, including 3D custom prototype parts, tape, glue, cardboard paper, canned software, and module electronics. The product prototype development cost at the product design stage can cost you from something around $1000, including preliminary sketching and mock-ups. However, if you are still interested in learning more about the cost and time, then GID Company is open for a free discussion. Call product development expert – Jim Grimes at +1714-323-1052.

Stage 2: Design Engineering Prototyping:

This stage of new product development is all about building a model engineering prototype that quantifies possibilities to make design decisions. A prototype developed at this stage allows you to test the stress, structural, and thermal risk associated with the new product development. You can also test specific components and mechanism functionality. Below are the types of a prototype that are usually developed at this stage:

• Scale models of product
• Proof-of-concept: hand-built models

The Product Prototype Development Cost at this stage may start from $5000, but it may vary based on the complexity of the product to be developed. Get in touch with product prototype development experts to learn more about why you need a prototype at this stage – email us at info@gidcompany.com or call Jim at +1714-323-1052.

Stage 3: Final Prototype Development and Testing:

This stage outputs a production alpha prototype that is fully functioning with all the features and functionalities. Below are the types of a prototype that are usually developed at this stage:

• Fully functional alpha prototype to thorough testing

As stated earlier, the product prototype development cost totally depends on the type of product, volume output, and features within. Being an alpha prototype, the product prototype development cost may depend on custom parts, electronics, and fidelity required. You can watch our YouTube channel for more informative videos on Product Prototype Development Cost, https://www.youtube.com/c/Gidcompany.

Want to prototype your idea? Call Jim at +1714-323-1052

If you have an innovative product idea that can simplify the life of the masses and earn you a good fortune but don’t know from where to take a start, then “Jim Can Help”. Jim is a product development expert in California and can help you bring your ideas to life. Whether you want to discuss the scope of your idea or want to prototype it, Jim can answer all your questions and solve all your doubts at once. For a free consultation with Jim Grimes, please call +1714-323-1052.

James Grimes is definitely the person you need to meet at GID Company. Whether you want to develop healthcare devices, consumer goods, military components, or anything else, Jim can meet your expectations. To have a better insight on the skills and capabilities, please have a look at our portfolio, https://www.gidcompany.com/our-portfolio/.

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