Entrepreneurs, Startups, Makers, Inventors, and Small Companies
If you want to bring a new electronic product to market then here is how you do it faster, cheaper, and with less risk... more predictably. The solution is called the Predictable Hardware Report.
Interview with Chris Gammell of Supplyframe, Inc. where we discuss the Predictable Hardware Report.
An engineering review and detailed cost analysis for your new electronic hardware product. All that is required is a detailed product description.
The Predictable Hardware Report is available in three versions:
Basic - Provides estimates for development, prototyping, and scaling costs only. No actual development work is included with this version.
Standard - Everything in the Basic version plus you get a product pre-design with selection of all critical components, manufacturing cost estimates, and private consulting.
Premium - Everything in the Standard version plus you get a written engineering analysis of your product, block diagram of electronics, and extra private consulting time.
NOTE: The Standard and Premium versions are by far the most popular. The Basic version provides an entry point for those on more limited budgets. In almost all cases we highly recommend the Standard or Premium versions.
We perform an engineering review of your product in order to determine the development, scaling, and manufacturing complexity.
Accurate estimates of the cost to develop and prototype the electronics, software, enclosure, and retail packaging.
Accurate cost estimates for certification of the electronics (FCC, UL, CE, RoHS), setting up manufacturing, and other scaling costs (patents, liability insurance, factory auditing).
Timeline of major milestones
Detailed estimate of how long it will take to get your product to market.
Suggestions on how to lower costs
Specific strategies to reduce development, scaling, and manufacturing costs.
Strategies to reduce development risks
Specific strategies to reduce the risk to develop your product.
Preliminary product design ("pre-design")
We "pre-design" your product which means we design it enough to be able to accurately estimate the manufacturing cost.
Selection of major electronic components
We select all the major electronic components for your product in order to estimate the manufacturing cost.
Manufacturing cost (Cost of Goods Sold - COGS)
Accurate estimate of the manufacturing cost for your product. Includes the electronic component costs, assembled PCB, enclosure, mechanical parts, product assembly, quality testing, scrap, returns, logistics, and duties.
Manufacturing cost by product feature
Knowing the cost for each feature allows you to select the most cost effective feature set for your product.
We recommend specific suppliers for all of the various components of your product.
Profit and sales price estimations
We provide the suggested retail price and profit margins based on the estimated manufacturing cost.
Certified by Predictable Designs
Include Certified by Predictable Designs on your investor and crowdfunding materials to improve your chance of securing funding.
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.
Introductory phone consultation
Introductory phone consultation to discuss your product before your report is started. (20 minutes)
Post phone consultation
Phone consultation after the report is completed to discuss your results. (30 minutes)
Block diagram design of the electronics
Detailed high-level design of your product's electronics showing all of the critical components and how they interface.
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.
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.
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!
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.
If you are not happy with your report I will give you a full refund. But, I guarantee you will be happy!
All you need is a product concept. No previous development or prototype is required. We'll just need details on all of the various functions your product will implement and its intended purpose.
The Standard and Premium versions of this report both include an introductory phone consultation. The Premium version also includes a second phone consultation after the report has been completed.
Yes, the Standard and Premium versions include a cost breakdown for each product feature. This allows you to determine the best set of features for your product.
The report will be provided as a Microsoft Excel file. Other file formats may be available upon request.
A POC prototype serves one purpose: to prove the concept to yourself and potential users. No design firm will ever require a POC prototype as a starting point for designing a manufacturable version of the product. A POC is just too different from the final manufacturable version.
It's extremely rare for a product idea to be completely impossible. Just about anything is possible if you have enough money, time, skills, and motivation.
Whether or not your product is realistic or practical to attempt is one of the many questions this report will answer for you.
If we do determine that your product is practically impossible to develop you will only be charged the cost of the Basic report version.
Regardless of who designs your product this report will prove its value. To my knowledge, no other design firm offers anything like this report. Sure, they'll tell you their fee, but that's probably it. Like most designers they'll be happy to jump right into designing your product without looking at the big picture first.
This report helps you before you begin full development, and independently of who ultimately designs your product.
If your product requires electronics then it almost surely qualifies for this report. There are only rare exceptions that don't qualify.
After reviewing your product details, if we determine that your product doesn't qualify for some reason, you will immediately be given a full refund.
What does it mean to "pre-design" my product?
Pre-design means to design the product with just enough detail to answer some important questions, but without worrying yet about the tiny details that don’t have a big impact. For more information see this article.
How can you calculate the production cost before the product is developed?
We start by selecting the critical electronic components. Then we are able to calculate the cost of the fully assembled Printed Circuit Board (PCB). Next, we estimate the enclosure cost based on the type of material used, the volume of material required, and the number of cavities in the injection molds. Finally, we add in the cost of any mechanical parts, product assembly, quality testing, scrap, returns, logistics, and duties.
Yes, if you are not happy I can give you a full refund within 30 days. However, each report is fully custom and they take considerable time to prepare, so please don't abuse this good will. That being said, you WILL be happy!
The Basic version takes about 2 weeks to complete. The Standard and Premium versions take about 4 weeks to complete.
Yes, if you purchase the Standard or Premium version of the report. Then you may say that your product has been certified by Predictable Designs. This will increase your chance of getting outside funding.
I work with entrepreneurs all around the world including the U.S., Canada, the UK, India, Brazil, Turkey, Australia, New Zealand, Europe, and more. You can't hire the best if you limit yourself to only local designers.
No other design firm offers anything like the Predictable Hardware Report. Regardless of who ultimately designs your product this report will prove its value.
Can I upgrade to a higher report version later?
Yes, and you will only pay the difference between the new version and the version you previously purchased.
DISCLAIMER: Many of the costs specified in this report are estimates only. Predictable Designs assumes no responsibility or liability for any differences from the final costs.