Thursday, February 14, 2013

How to Invent an Electronic Product



If you are wondering how to invent a new electronic product, but worry that it will take too much time, be too difficult, or cost too much money there are ways to reduce these concerns. However, at the same time, new product development is something that is uncertain. It is quite a risk, much like everything in business. No company or invention can guarantee success. So when you are thinking about how to invent a new product, there are plenty of factors to consider.
For one, companies continue to be more innovative. Therefore, there are people coming up with new invention ideas every day and making prototypes as you think about how to invent your idea. That is why it is important to do research and make sure your invention idea is not already on the market. Even if there is a product like the one you came up with, there is always a demand for new or improved products from corporations or individuals with new product ideas.  These products should either solve a problem or improve something and be able to fit in with a certain company’s product line.

For example, if you are thinking about inventing a new electronic product, one of the most popular products to recently come out is the Roku Streaming Stick. This invention was developed to solve the issue that plagued many home entertainment aficionados; while there are multiple methods to partake in online content, they typically all require a dedicated machine and of course they require an internet connection. The Roku Streaming Stick plugs into one of the ports included on newer TVs, has built-in WiFi and requires no dedicated power source to access streaming content from Roku’s network of providers. While many other products exist for the purpose of giving users the ability to stream content to their TV, they require the use of a secondary machine, such as a gaming system or a computer, to create the connection. The fact that the Roku is easy to use by simply plugging into the TV, added to the fact that it does not take up much space, and gets around the need for a dedicated machine to facilitate the connection between TV and content, create an experience for the user that improves on the existing products. The unit is about the length of an individual’s palm, making it unobtrusive, and the price is set at under $100, making it cheaper than most of the products available for streaming media. Roku’s product also benefits from the fact that the service Roku offers its users includes the most well-known media streaming services, so that the user not only has the convenience of the unit itself, but also is not missing out on competitive content that other machines offer.

Another successful electronic invention is the MicroVision Pico Projector. This invention expands existing projection technology in a few key ways; the projector itself is approximately the size of a greeting card, which means that it is far easier to carry than traditional projection systems. Simply by making the projector so small, the invention constitutes an improvement that many consumers want to see. The fact that it is attachable to a variety of computers, cellphones, and gaming machines means that it is a product that a variety of customers would be interested in—not just businesspeople, but also gaming enthusiasts and artists. The high quality of the projection is also a beneficial feature—while more compact projectors have existed for a few years, there are none that match the small size of the Pico Projector or its high quality of output. Finally, and the most important innovation, the Pico Projector does not only create a high-quality image on any surface, but it also turns the projection into a touch screen, courtesy of sensors that allow the person standing next to the projection to manipulate it. The fact that the projection can be manipulated without having to rely on the computer or other device that the game or program is on means that presentations can be made with greater efficiency, and games can be played at a distance from the actual console. The success of the product comes from the fact that it combines ease of use with innovative features that are unavailable in competing products and efficient size for storage and carrying.

When figuring out how to invent your product, you may face some obstacles along the way. This can cause you to lose time, energy and money in trying to get off the ground with a product, especially if you do not know how to invent on your own.  If you face any obstacles or are having a hard time inventing a product alone, keep in mind that there are inventing companies that can help.  One of the biggest obstacles most inventors must overcome when pursuing an idea is being willing to trust someone with their idea.  Make sure to do your research and choose an inventing company that has experience with developing products and getting them on store shelves.  Also make sure that the company will sign a Confidentiality Agreement to ensure that your idea is safe.

A typical project is not licensed, sold in stores or profitable. 

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