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The Time of Makers
How to get out of Digital World and сreate Physical Product
Digital World is saturated
with smart people
People prefer to buy physical
objects than digital products
Digital+Physical Objects =
Internet of Things
Crowdfunding phenomenon
works for physical objects
Building blocks are getting
easier every single day
e-Logistics and e-Commerce
LaMetric TIME
smart clock for home and business
Third most funded consumer electronics
product in the Design category in Europe
1.Think Different
• Smartphones, tablets are limited
• Internet of Things brings new physical
experiences
• Not only wearables and 3D printers
• Seek for niches where there are no big guys yet
Personal and communal experience
2.Hardware product should
be “sexy”
• Customer learning curve is long
• Beauty helps to adopt technology
• Cross the chasm smoothly
• Iterate with industrial design
LaMetric prototype before crowdfunding
MVP First prototype
3.Make prototype you will love
• CNC or Shapeways - even prototype should be
“sexy”
• Solve major problems before tight deadline
• Get feedback early
• More confidence to move forward
Polished LaMetric prototype in Kickstarter video
4. Crowdfunding gives
answers
• IoT markets need validation
• Marketing and PR strategy
• Realise sales channels
• Partnerships
• Investors are more confident
Media coverage, staff pick, partnerships
5.Manufacturing - take
someone who knows waters
• DFM, CMF, quality control
• Manufacturing phases: EVT, DVT, PVT, MP
• Legal advises
• Pocketbook, Dragon Innovations, others
PocketBook helped LaMetric select factory
6.Far East key facts
• Slow growth of traditional markets
• Factories are seeking for new markets(IoT)
• Lack of the middle layer: small seek for money,
big seek for quantities
• Foxconn and others start to work with startups
7.Feel who is your
manufacturing partner
• Best implementation for “sexy” product
• Pay forward approach
• Shared vision
• Build quantity together step by step
LaMetric implementation discussions
8.Innovative product takes
8-12 months R&D
• Strong Team
• Financing
• Long Nights
• Mistakes & Reworks
9. Understand Chinese
mentality
• Other culture
• Other values
• Strong negotiation skills
• Document everything
• More details inside the email
• Someone in China for the long period
9. Find perfect mechanic
engineer
• Most of defects because of bad mechanics
• Simplicity makes assembling easier
• Invest in enclosure prototypes before moulds
• Mechanic mistake costs $10-$50k (average
price of moulds)
10. Think about regulations
• CE, FCC etc for each market
• Medical products has a lot of regulations
11. Decrease defects rate
• Software tests
• PCB tests
• Assembling tests
• Long-life tests
• Acceptance tests
• More tests!
12.Think about logistics
• Is your package safe?
• Barcodes to avoid chaos
• Try to make product till 0.5 kg
• Fulfilment partner for worldwide logistics
12.Can team deliver?
• Responsibility!
• Change “we’ll fix it after release” mentality
• Increase documentation skills
• Help each other
www.lametric.com

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