personality
The product design process can be long, and involve much negotiation and compromise between several different parties. Choosing designers with too much ego, or with too little experience, can make it a frustrating experience.
cost
It makes sense to obtain several quotes, but you should carefully compare a detailed breakdown of the quotes you are given – different companies may be suggesting different amounts of work. There may be nothing wrong with this; product design is a complex process, and the most efficient and effective route through it should be discussed.
If the success of your new product is a priority, and it warrants being visually and functionally sophisticated, then it would be prudent to invest in a comprehensive development program for it.