One of the things that sets Enventys Partners apart from other product development agencies is our ability to prototype nearly anything. Whether it’s an IoT device, molded part or soft good, we have the talent and experience to build beautiful and functional prototypes.
In addition to influencing your bottom line from a customer retention and repeat customer standpoint, your packaging can also directly financially influence your bottom line. When creating your packaging, you also need to understand FBA fees if you’re not shipping your Amazon products on your own. The size of your packaging and product could influence if you’re paying $1 or $3 for Amazon to store your product. In this example, a savings of $2 per product could vastly help or hurt your profit margins.
It has been about a decade since smart home and IoT products have exploded into the marketplace, and depending on who you listen to, between 10 and 50 billion connected devices will be in service at the close of 2020.
As the year winds down, our team is anxiously anticipating the arrival of CES 2019. This past year has seen many innovations in technologies including IOT connectivity, artificial intelligence and much more, and we are excited to get a first look at all the new products and technologies coming to the market next year.
Internet of Things connectivity is popping up in new products and devices across a wide range of verticals, from housewares to pet supplies to products for parents and more.