£30

How much will it cost to develop my New Product and get it to market?

Event Information

Share this event

Date and Time

Location

Location

The British Library

96 Euston Road

London

NW1 2DB

United Kingdom

View Map

Refund Policy

Refund Policy

Refunds up to 1 day before event

Event description

Description

New Product Development - Costs and Prices Workshop

Bringing a New Product to market is usually a complex process with many steps along the way.

Here are some of those activities:

Idea concept Market testing Researching IP opportunities / impediments Checking standards Proof-of-principle prototype ● Protype testing ● Initial design Prototyping User Testing Third-party-test-house? Registering IP Working with a designer / manufacturing consultant Finding a manufacturer Detail design for manufacture ● Production Tooling Sourcing samples Checking the quality ● Designing and sourcing packaging ● Sourcing small batches Sourcing production batches Product liability insurance Product launch ● Licensing opportunities

Quite often the lone entrepreneur has a bright, innovative idea and sets out along a path to turn that bright idea into a successful product launch. Here is a warning:

For that successful, mature company, it is likely that bringing their next product to the market will cost more than they, with all their experience, had estimated

For the inexperienced developer, it is not uncommon that they hit costs for services whose existence they didn’t know but which are highly desirable / mandatory.

This workshop explores the activities involved in bringing a physical product to market (not for APPs, or services). It will advise on typical costs for each stage. It will be suitable for those contemplating their first project – or for those who have already been through the process.

Share with friends

Date and Time

Location

The British Library

96 Euston Road

London

NW1 2DB

United Kingdom

View Map

Refund Policy

Refunds up to 1 day before event

Save This Event

Event Saved