Product Design & Industrial Design
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Overview
Product design consultancies create physical products from concept through manufacturing-ready designs for inventors, startups, and companies.
With product development complex and design expertise scarce, services generate revenue of $170,000-$580,000 with 65-80% margins through project fees.
The business requires CAD expertise (SolidWorks, Fusion 360), design portfolio, prototyping capability or relationships, manufacturing knowledge, and consulting skills.
Services include concept development and ideation, CAD modeling and engineering, prototype coordination, design for manufacturing (DFM), material selection and sourcing, and manufacturing partner coordination.
Revenue through project fees $5,000-$100,000+.
Success factors include strong industrial design and CAD skills, understanding manufacturing processes and constraints, prototyping capability or maker space access, building inventor and startup clientele, and creating successful product case studies.
Marketing focuses on inventors, entrepreneurs, Kickstarter creators, and startups.
With product development essential and design expertise limited in 2025, product design offers creative engineering opportunities serving innovation with CAD and manufacturing knowledge as barriers.
Required Skills
- CAD and 3D modeling
- Industrial design
- Manufacturing processes
- Prototyping
- Material science basics
- DFM principles
Pros and Cons
Pros
- High-value project fees
- Creative and technical work
- Startup and inventor market
- Successful products portfolio value
- Kickstarter and crowdfunding demand
Cons
- Advanced CAD expertise required
- Long project timelines
- Client acquisition challenges
- Manufacturing knowledge needed
- Competitive design market
How to Get Started
- Master CAD software
- Build design portfolio
- Develop prototyping capability
- Learn manufacturing processes
- Market to inventors and startups
- Network with maker spaces
- Create case studies
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