How to Prototype your IdeaGuide to getting a prototype made of your idea.
There is no doubt about it having a prototype is likely to improve your chances of your idea becoming a success. However prototyping can be expensive. We explain the benefits of prototyping, when a prototype is necessary and how to get a prototype made of your idea.
When a prototype is necessary:
- If there is any doubt if the idea will work
- If the idea is hard to understand by a graphic presentation alone
- When the idea is best handled to be fully appreciated
- When money is no problem
Benefits of Prototyping:
- Impresses investors and/or companies more than a graphic presentation
- A working prototype demonstrates that the idea is developed and therefore often means the inventors can ask for higher royalty payments
- A prototype gets you closer to manufacturing the idea yourself
- Prototyping shows people you are serious about the idea
Prototyping Costs: It is hard to give a general cost for prototypes as it depends hugely on the individual idea. A small handheld electronic product with simple electronics would typically cost around £2500 - £4000. A mechanical device similar in size to a washing machine would typically costs around £5000 - £8000. A fabric prototype of a unique garment might cost around £1000 - £2000. It is worth bearing in mind that a simple proof of principle prototype might be all that is necessary to prove that an idea works. It might look very different from the production item but neverless would improve your concept presentation. Alternatively a simple aesthetic model might be a less expensive alternative as well.
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