Product Validation & Market Research Consultant for New Hardware Product

Market Validation & Commercialization Research for New Business Product I have developed a concept for a new business payment appliance and would like to determine whether there is sufficient market demand before investing in patents, engineering, manufacturing, and commercialization. The concept is a dedicated desktop check-printing appliance that integrates with accounting software such as QuickBooks and Quicken. Unlike traditional printers, the system would utilize a secure check cartridge or cassette that stores business checks internally and dispenses them individually as needed. I am seeking an experienced product validation and market research consultant to evaluate the commercial viability of this concept. Scope of Work Competitive Analysis Research existing products and solutions including VersaCheck, HP-based check printing systems, MICR printers, and related payment technologies. Identify strengths, weaknesses, gaps, and opportunities. Customer Discovery Identify likely target customers. Interview potential users where appropriate. Determine current check-printing workflows and pain points. Assess willingness to adopt a dedicated appliance. Market Assessment Estimate market size and potential customer segments. Evaluate trends in business check usage versus electronic payments. Determine whether a recurring revenue model based on check cartridges is viable. Commercialization Review Evaluate potential pricing strategies. Assess competitive advantages and barriers to entry. Provide recommendations regarding commercialization potential. Deliverables Written report summarizing findings. Competitive landscape analysis. Customer feedback summary. Market opportunity assessment. Go / No-Go recommendation. Please include in your proposal: Examples of similar product validation or commercialization projects you have completed. Experience with hardware products, office equipment, financial technology, payment systems, or B2B products. Your proposed research approach and timeline.