A system for product designing includes a storage unit and an interaction system communicably coupled with the storage unit. The interaction system includes at least one processor and a memory. The interaction system operates by provisioning an access to at least one user and receive a communication from the at least one user for designing a product. The interaction system receives a reply from the at least one user and facilitates interaction among the at least one user based on the reply received from the at least one user to create a group of users. The group of users are provided with at least one designing tool for designing the product. Also disclosed is the method of product designing.