All product development is inherently risky and at D2M we use our extensive experience to develop a bespoke product development plan for your project that seeks to minimise the risk whilst analysing the project from a commercial perspective. We do this by considering the target market, potential marketing claims and production costs from a very early stage in the project. This hugely increases your chances of success with your project.
We offer specific stages of work within your overall project plan that clarify the best route forward and highlight areas of concern in: market positioning; messaging; route to market; regulations and compliance; production costs and sourcing. We use the results of these stages to inform decision making. This is always communicated in an honest and transparent way with our clients so you are in control of your project’s direction and fully informed as to the level of risk you’re taking. This includes advising if we believe that stopping the project is necessary as it is likely to not be viable for any reason.
Read more about the different types of stages involved to make sure your product is viable.
Every project is unique and the costs for developing a product can vary hugely. One of the first things to consider is what funding is available. We always work with a client to ensure that the funds they have are used to maximise their chances of success. This often means ensuring that key elements of development are carried out that will enable you to access further funding through investors, crowdfunding or grants. Our team of experienced designers are trained to develop products that keep manufacturing costs to a minimum where possible.
One of our expert product designers will get back to you as soon as possible to see how we can help you develop your product, protect your IP or get into production.