Odyssey Solutions - New Product Development Companies

Got an idea? We can help....

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Services

  1. Initial Free Consultation


    We meet with you and prior to discussing any of your ideas, we sign a mutual “non-disclosure agreement” which ensures all discussions are confidential and no Intellectual Property (IP) is lost along the way. Next, you explain what the product or idea you have is and does and more specifically how you envision it working. The most important part of any new product concept is defining how this new idea accomplishes what current market offerings cannot. Once we outline the objective of the product, we then explain your options and what we can do for you. Your package may include any or all of the following depending on your resource availability.
     
  2. Concept Design


    Once we have a general understanding of what you want the product to look like and how it should function, we go to work for you by developing a conceptual 2D or 3D drawing of the concept using state of the art CAD software. During this process you may feel you would like to make slight modifications to the concept or even add features. Once the approved concept is created, we can either turn over the design files to you for you personally handling or we can assist in the patent filing process.
     
  3. Patent Research & Filing


    The patent filing process can generally be very tedious and time consuming for most people however, we will take all of the responsibility for this phase and along with your input we will write-up one of the following; Provisional Patent or Utility Patent. Depending on how quickly you want to begin selling and marketing your idea the choice will vary. The Provisional Design Patent is most common for someone looking to sell their product quickly and have IP protection along the way. The advantages of this type of filing is it is generally simple and less involved however, the disadvantage is the filing is only a temporary protection on your design and usually only will last for a period of one year. The Utility Patent is the full patent filing process that involves a very detailed documentation of the product and the claims in which we are trying to protect. This process also requires a good deal of patent research which can lead to a much more capital expense for the individual. Regardless of which option you chose here, once the patent application is filed we can then label the idea as “Patent Pending” allowing us to begin the next phase of the product lifecycle.
     
  4. Prototyping


    After you provide us more detail on what the materials you would like the product to be made of, we then begin working on building a prototype for you. This prototype can either be representative or fully-functioning depending on your needs. If you simply need a full scale model to show your investors then often times the representative will work just fine but if you want to perform some testing or market research then a functioning prototype is the best.
     
  5. Market Research (depending on needs)


    Many times an idea that you may have initially needs to have some modifications to it to perform better for the consumer. We can assist you with the gathering of a sample of the end user base and analyze their acceptance for the product. Feedback generated by the users will either indicate the product is ready to market or whether it needs some changes. If changes are needed, we can assist with this as well.
     
  6. Production Manufacturing


    Working with a network of manufacturing companies, we gather quotes to build the turn-key product or sub-components. Some examples of types of manufacturing include; steel fabricators, plastics, rubber, glass, fabrics, etc,… We can either fund the manufacturing with an agreement in-place for a specified payback date or you can arrange the payment directly to the recommended supplier.
     
  7. Marketing


    One of the most important phases in determining a successful or unsuccessful product is how well it is perceived by the public. Meaning, how well the product is marketed and the benefits communicated. One thing to note here is that while some products are expensive compared to their competitors offerings, if the benefits far exceed cost, then the end user may chose your product. We will work with you to develop a product launch plan which may include any of the following; website, brochures, packaging, advertising, animations, etc,…
     
  8. Sales - $50/hr of consultation time


    Lastly, you need to make money! We will help you in setting a market price and handling payments. Payments may either be handled through a retailer, web sales, direct store front sales or via other methods. We will make sure you get the most for your product and reach the largest customer base possible.
     
  9. Brainstorming


    This consulting service will be offered to individuals or companies that are looking for outside input with respect to products or features. An advisor will assist clients in coming up with new ideas on ways to add to functionality, improve their portfolio or increase ergonomics.

Product Development & Invention Marketing Services

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Services

  1. Initial Free Consultation
  2. Concept Design
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Houston Product Development Services

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Odyssey Solutions. 5535 Memorial Drive Suite F #220, Houston, TX 77007

Phone: (713) 869-1693. E-mail: contact@odyssey-solutions.net

 

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