Tech Tuesday - 5 Reasons on HOW 3D Printing can profit your Business

5 REASONS ON HOW 3D PRINTING CAN PROFIT YOUR BUSINESS

By now you must have heard about the amazing possibilities of 3D printing technology and its application across a wide range of industries such as health, aerospace, and food. The prospects of 3D printing cannot be over emphasized, as well as the benefits of this amazing means of manufacturing to manufacturers and entrepreneurs. Here are five reasons on how 3D printing can profit your business.

It saves time: 3D printing gives a manufacturer a quick and reliable means prototyping a new product and allows the free flow of ideas towards the development of the product. The process of rapid prototyping enables multiple prototypes of a new product to be made within a short period of time. With 3D printing technology, prototyping is possible the same day the product was designed, thereby saves a lot of time and helps the company to stay ahead of competitors.

It saves money: Prototyping a new product using 3D printing is relatively cheap compared to the method of manual prototyping. The rapid prototyping process makes product development less expensive and leads to a reduction in overall production cost.  The company can easily print prototypes of new products using its own portable 3D printer without having to contract it to a third party company.

It eliminates or reduces risk: Through 3D printing, a manufacturer is able to strictly verify a design and ensure viability before going into mass production of the product. The method of sample printing is used, samples of the products are printed with plastic and then test run. This method of sample printing helps in building confidence about the product before making large investments. It is safer and far cheaper to make 3D sample printing of a test prototype than alter the design of an existing production mold.

It enhances communication: Trying to verbally describe a product you are going to deliver to a client may not always be easy, as the information is likely to be misinterpreted even when product design drawings are available. A sample printing of the product is far better in this regard than any verbal description, it gives the client a clear understanding of the product and makes it easy for him to request for modification where necessary. 

It gives an opportunity for improvement: Releasing a test prototype of a product to a section of the targeted market or potential investors gives the manufacturer an opportunity to know the mind of the prospective buyers or investors. Getting feedback from these people about the product before mass manufacturing is a valuable way to verify market acceptance of the product. Hence the manufacturer can easily make necessary improvement on the product.

In conclusion, 3D printing will greatly improve your business and make it more profitable through rapid prototyping of new products and sample printing before mass manufacturing among other reasons. So if you are yet to join this fast moving train of modern manufacturing, the right time to do so is now.

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