What's the
Cost

In line with our values of transparency and openness, our team at D2M Product Design have created this guide to help you understand the likely costs of developing a new product. Estimating the costs for an innovative project can be challenging, as it often involves uncharted territory with no prior benchmarks. Because of this, it’s difficult to predict how long the process will take or exactly what it will entail. This guide aims to provide clarity and insight into the factors that influence these costs, helping you make informed decisions.

Here are 7 real quotes
For actual projects

We’ve found that this is the best way to give a fair idea of what your project might cost. Costs below are just for developing the product to the point of production.

Prices are adjusted for today’s costs and don’t include: tooling; testing; certification; Intellectual Property protection or various other additional costs. To get an accurate quote for your specific project do Get in Touch.

1

Magnetic Colouring Pens

This product is quite simple but required a certain amount of prototyping to ensure that the magnets worked effectively and to style the pens in an eye-catching and unique fashion.

Total development cost: £12,000.
2

Protective Kneepads

This soft goods product included an existing honeycomb sock absorbing panel. The project developed the textile outer section only but significant work was required to ensure that the product was durable enough for tradespeople.

Total development cost: £15,000.
3

Grip Hero Glove Dispenser

Plastic injection moulded product with a relatively straight forward dispensing method. Total of 3 prototypes to refine the ergonomics and usability.
Total development cost: £18,000.
4

Modular Gym Bag

Innovative modular functionality effective meant designing two different bags and a reliable connection method for this project.

Total development cost: £24,000.
5

Innovation Travel Iron

This product required bespoke electronics and casing design as well as technical development for managing the heat from the plates.
Total development cost: £60,000.
6

Ark Travel System

This pushchair was developed based on an existing frame provided by
the manufacturer to save costs. The wheels and ventilation system needed significant development and testing and the fabrics required significant sourcing and testing.

Total development cost: £80,000.
7

Masala Chai Tea Maker

Custom electronics, waterproofing, fluid dispensing system, mechanical system for dispensing the tea mixture and interface development were all critical elements of this project. The styling and functional development of the housings required 3 rounds of prototyping.

Total development cost: £140,000.

Let's get into
The Detail

This 9-minute video offers a deep dive into the key factors that determine the investment required for developing a new product. Product design and manufacturing costs are often surrounded by uncertainty and hidden complexities, but in this video our MD, Phil Staunton, provides a comprehensive exploration of what it truly takes to bring a product to life. 

Ready to start your own project?
From idea

to successful

product

All the resources you will need:

Bonus 40min extended case-study video!