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Design Agency Experience?

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Hi Everyone

I'm at the pre-satrtup phase of a new company and am developing a new product. And obviously I'm here because I need moneysavingexpert advice!!

Has anyone any experience of using a product design agency? These people seem to offer the complete no-hassle solution: they offer to design to your specification, source and liaise with manufacturers, find the most economical solution etc etc

My main question is - has anyone any experience of using one of these companies? Are they complete rip-off merchants or do they do everything so much better than is possible alone?

Thanks!

Debbie
HIGHEST DEBT £63,300 LBM 27/5/2020 DEBT FREE DATE 31.08.2022

Comments

  • DSoares
    DSoares Posts: 18 Forumite
    Hi Debbie,

    Product design agencies usually have a mix of skills -
    engineering knowledge
    product design
    marketing/business planning

    I've never used one, but I met an agency at a networking event last year.
    The majority of the expense seems to go on manufacturing a proof-of-concept (i.e. your product).
    This would drop drastically if you had a run of say, 10, 000.

    So I would say majority are not rip-off merchants - if a product fails, it's due to a lack of market research.
    Research the market thoroughly - internet polls, stand outside places and ask people what they want....at the end of the day it will confirm your idea is good (or not) and saves money!

    D
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