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For Sell or License An individual’s Invention – Hope Has always been Not a Strategy

product patent, You have a fresh, new product idea that most people want to sell that would a manufacturing company aka license for royalties. Meant for licensing or selling on to work, you need if you want to contact companies rather for you to wait and hope all the people contact you.

There are numerous pages to post your invention. Some of these reputable companies tell you they could very well match your invention so that you their thousands of business employers in their database. Don't hold your breath.

For example, let's articulate your invention is every new power tool. Which the manufacturers of power equipment are easily known. Reach to Home Depot potentially Lowes and you'll see Skil, Black and Decker, Dewalt, and the friends. These are the vendors you need to touching. Otherwise what's the danger these companies will make contact with you first? Maybe one particular particular in a billion.

Contact Companies Directly

Calling companies is not necessarily that hard. Be created with what to state that. Talk about the extra benefits your invention has for you to offer the end-customer. And even talk about how do you patent an idea your amazing invention can benefit the company such as exceptional profit margins, easy if you want to manufacture, and easy towards package and sell.

When they ask for the purpose of more information, send a Product Proposal. A Dietary supplement Proposal is a brief document like a modest business plan. The Program Proposal clearly states the exact market need, product description, benefits, advantages over this particular competition, profit potential, and as a result other information as sought after.

Companies need new product to mature. Companies have proven to be often quite busy with day-by-day tasks and as a result have less time to be creative to show up up via new product ideas. Companies need different products so that you can increase profit, get which can market quicker, beat specific competition, together with provide more of your selection time for their folks. And consisting of companies slashing back forward staff, many are staring to our outside for new smart ideas.

Avoid generally Invention Help Submission Brands

Maybe may have seen Tv for computer commercials, websites, or marketing campaigns on some sort of radio needed for invention submissions help outfits saying the particular way they will certainly help your entire family introduce ones invention under the industry.

The primarily thing they do happens to be get most people to pay money for a market report to about $700. The e book is a great basic theme with standard information ; basically pointless. With unquestionably the report for hand, they tell you have to that all the market research indicates any idea presents big prospect.

Then with regard to $10,000 to $15,000 consumers say he or she will get your creativity introduced at manufacturers. You also have a look at to hit you up for marketing / promoting programs those as movie clips and showcasing your invention at exhibitions.

Manufacturers obtain these publishing packages many the time, and and then throw them straight in the trash. The submission company typically is off the actual hook just because they considered that they would submit this ideas to the field. Don't fritter away your time and dough with most of these submission companies.


Contacting a good company who you are is a huge much better strategy than posting your family invention during a internet business and possibly hoping a new company will probably find then you. Start just making some list associated with 10 companies that that you can reach right now.