TokenStatistician
Industrial
- May 6, 2013
- 3
We're a small-ish midwestern manufacturer potentially looking to issue RFQs for top-end, "name" industrial design services. We have a couple of products for which we have good functional specs, but are looking to "gussy up" the product. Other situations where we have excellent relationships with potential end user who has very high expectations for "look and feel," and we want to explore the process of doing joint development work and bidding.
We'd appreciate insight into:
1. Different ways top-end ID firms structure their fees (time & materials? fixed per project? other? negotiable? typical?), and your sense of pros and cons of each in terms of our ability to manage the effort;
2. Price premium we can expect to pay for the "name brand" companies vs. smaller houses with less track record;
3. What to look for in evaluating their proposals;
4. Success stories or cautionary tales.
Would very much appreciate any specifics regarding fees you've actually paid recently for ID services at well-known shops, especially in the Detroit-Chicago-Minneapolis arc.
We'd appreciate insight into:
1. Different ways top-end ID firms structure their fees (time & materials? fixed per project? other? negotiable? typical?), and your sense of pros and cons of each in terms of our ability to manage the effort;
2. Price premium we can expect to pay for the "name brand" companies vs. smaller houses with less track record;
3. What to look for in evaluating their proposals;
4. Success stories or cautionary tales.
Would very much appreciate any specifics regarding fees you've actually paid recently for ID services at well-known shops, especially in the Detroit-Chicago-Minneapolis arc.