This option is for you if you need to launch your product and get to market fast.
Invent Design Build’s First Revenue option helps you get your digital product to market fast with the support you need. All services are provided with a transparent cost structure allowing you to assess the cost vs benefit of all activities. Once again this option involves 3 simple steps:
Step 1 – Concept
At this stage, we full define and specify your product. We prioritise the features that are likely to excite your customers most and disrupt your competition, whilst not overlooking those basic must-have details.
Step 2 – Prototype
In this phase, we provide turnkey solutions to design, build and test your product and service, minimising risks of failure by employing formal DFMEA, PFMEA and reliability analysis.
Step 3 – Production
This is where we ensure the production results in consistent, quality products with the required performance and product approval, which leads to your first commercial revenues.
First Revenue typically takes 9 to 18 months and is provided with phased payments for Concept, Prototype and Production. Overall costs depend on your project but can range from £100k to £250k for a typical connected digital product.