For Sell or License Your new Invention – Hope Might be Not a Strategy

how to patent a product idea You have a fresh, new product idea that you want to sell which can a manufacturing company or license for royalties. For licensing or selling which can work, you need to help contact companies rather while compared to wait and hope they contact you.

There are numerous websites to post your production. Some of these conglomerates tell you they is likely to match your invention so that you their thousands of outfits in their database. Better not hold your breath.

For example, let’s for example your invention is a new power tool. All manufacturers of power ways are easily known. Head to Home Depot or Lowes and you’ll decide Skil, Black and Decker, Dewalt, and the some others. These are the enterprises you need to telephone. Otherwise what’s the option these companies will call us by phone you first? Maybe solitary in a billion.

Contact Companies Directly

Calling companies is never that hard. Be prepared with what to say. Talk about the many advantages your invention has – offer the end-customer. And additionally talk about how your invention can benefit that company such as significant profit margins, easy if you want to manufacture, and easy towards package and sell.

When they ask for more information, send any Product Proposal. A Cream Proposal is a non permanent document like a target business plan. The Thing Proposal clearly states a new market need, product description, benefits, advantages over which the competition, profit potential, and additionally other information as asked for.

Companies need to have new pieces to raise. Companies are usually often on the go with almost daily tasks and have less time to be creative to advance up that have new substance ideas. Companies need advanced products to increase profit, get to successfully market quicker, beat some sort of competition, and provide any more of per selection in the market to their folks. And at companies cutter back on a staff, a variety of are in the market to the outside for the purpose of new blueprints.

Avoid the Invention Help Submission Business owners

Maybe you could potentially have seen Television and radio InventHelp Commercials, websites, or public notices on which the radio due to invention application help companies saying on what they is able to help you introduce your invention into the business world.

The primarily thing and they do is really get most people to choose a showcase report for about $700. The e book is a meaningful basic web template with easy-to-follow information room ) basically pointless. With the report for hand, that they can tell then you that ones market check out indicates any idea presents big promising.

Then with respect to $10,000 so that you $15,000 consumers say how they will gain your creativity introduced at manufacturers. The person also you should try to touched you away for marketing techniques programs so much as movie clips and proving your creation at tradeshows.

Manufacturers get your these marketing packages most of the time, and and then throw the whole bunch straight back into the garbage can. The marketing company is just off an hook only because they noted they would have to submit a new ideas in which to the area of trading. Don’t waste material your your time and dough with this submission companies.


Contacting the actual company who you are is any kind of a much better strategy rather than posting those invention regarding a website and and then hoping the best company would likely find people. Start by making a list associated with 10 companies that that you can reach right so.