- Entrepreneurs, startups, makers, and inventors -
If you have a dream to bring a new electronic product to market then here is how you do it faster, cheaper, and with less risk... more predictably.
Preliminary product design and detailed cost analysis for new electronic hardware products.
Selection of major electronic components
We select all the major electronic components for your product (microchips, sensors, etc).
Block diagram design of the electronics
Accurate estimates of the cost to develop and prototype the electronics, software, enclosure, and retail packaging.
Accurate estimates on the cost to certify the electronics (FCC, UL, CE, RoHS), to setup manufacturing (injection molds, etc), and other scaling costs (patents, liability insurance, factory auditing).
Production cost (Cost of Goods Sold - COGS)
Accurate estimate of the production cost for your product. Includes the electronic component costs, assembled PCB, enclosure, mechanical parts, product assembly, quality testing, scrap, returns, logistics, and duties.
Production cost by product feature
Knowing the cost for each feature allows you to select the most cost effective feature set for your product.
Timeline of major milestones
Suggestions on how to lower costs
Strategies to reduce development risks
Profit and sales price estimations
Certified by Predictable Designs
Include Certified by Predictable Designs on your investor and crowdfunding materials to improve your chance of securing funding.
Detailed engineering analysis
Written engineering analysis that includes details on the component selections, suggested alternative technologies, thoughts to improve the product, general advice, and more.
After we complete your report you'll be able to ask all the questions you wish about the results and how you should best move forward.
After we complete your report we'll set up a 30 minute phone call to discuss the results and answer all of your questions.
Nailed down all cost aspects of production and included a development timeline... invaluable information to have for any product launch. The ability to dig down from macro view to details in a single document has infused a much needed level of organization. The high level of detail allows me to communicate costs with stakeholders with great confidence. The engineering review and email consultations were critically important to understanding not only detail but how the overall process of production works.
Easily paid for itself in both helping me spot areas of product risk and in giving me an education in what it takes to get a hardware product to market. As a hardware product first timer like myself, I needed to understand development and manufacturing costs to know if I should even pursue my idea.
Including a sample report and pricing information.
Cost estimates for our hardware needs were perfect and incredibly detailed. Very professionally done and makes it appear that we really did do our homework on the hardware needs of our young startup! Highly recommend as one can spend a small sum of precious capital instead of expensive guessing to arrive at very solid estimates!
You get accurate estimates for all of these costs:
Production Cost (Cost of Goods Sold - COGS)
NOTE: Production costs are estimated for volumes of 100, 1k, 10k, and 100k units. Manufacturing in the U.S. is assumed for 100 and 1k pieces, Asia for 10k and 100k units.
Offering the most cost-effective components to build the hardware, the report is an excellent guide to design high-quality hardware for an optimal price. The report also provides break-downs of the cost involved at each stage of product development such as costs for electronics, mechanical enclosures, firmware etc. Gaining accurate cost estimates help with planning to raise the capital needed for the project and also identify cost savings. The report is followed up by an excellent consulting service.
Whether performing early stage vetting of return on investment, developing detailed cost breakdowns or looking for an objective outside assessment, a Predictable Hardware Report will prove its value.
Interview with Chris Gammell of Supplyframe, Inc. where we discuss the Predictable Hardware Report.
I’m John Teel, a product design engineer, serial entrepreneur, and the founder of Predictable Designs.
Previously I was a senior design engineer at Texas Instruments (TI) where I designed several super successful electronic devices now used in millions of products on the market. I've also helped dozens of entrepreneurs develop their new hardware product.
Finally, I also developed my own product, had it manufactured in Asia, and sold in over 500 retail locations in three countries.
Including a sample report and pricing information.
If you are not happy with your report I will give you a full refund. But, I guarantee you will be happy!
How can you calculate the production cost before the product is developed?
DISCLAIMER: All costs specified in this report are estimates only. Predictable Designs assumes no responsibility or liability for any estimates that differ from the final cost.