To successfully Sell or License Some Invention – Hope Has always been Not a Strategy

To successfully Sell or License Some Invention – Hope Has always been Not a Strategy

You have a fresh, new product idea that clients want to sell which can a manufacturing company or simply license for royalties. During licensing or selling to work, you need on to contact companies rather than just wait and hope all the people contact you.

There are numerous pages to post your advent. Some of these enterprises tell you they will match your invention that can their thousands of outfits in their database. Don’t have to hold your breath.

For example, let’s for example your invention is a new power tool. The manufacturers of power tools are easily known. Head to Home Depot or maybe a Lowes and you’ll identify Skil, Black and Decker, Dewalt, and the others. These are the retailers you need to telephone. Otherwise what’s the chance these companies will call you first? Maybe one particular particular in a billion.

Contact Companies Directly

Calling companies is n’t that hard. Be prepared with what to for example. Talk about the many advantages your invention has in offer the end-customer. Together with talk about how your invention can you patent an idea benefit the company such as very high profit margins, easy that will help manufacture, and easy to help package and sell.

When they ask for more information, send a Product Proposal. A Product Proposal is a brief document like a minuscule business plan. The Lotion Proposal clearly states the actual market need, product description, benefits, advantages over i would say the competition, profit potential, and as a result other information as asked.

Companies will want inventhelp new inventions product to increase in numbers. Companies are really often on the go with every single tasks and as a result have less time in order to really be extremely to take place up considering new item ideas. Brands need brand new products of increase profit, get in which to market quicker, beat some sort of competition, plus provide far of a new selection time for their attendees. And who has companies mowing back on a staff, many are in appearance to the outside for the purpose of new blueprints.

Avoid ones Invention Help Submission Service providers

Maybe you have got seen Tv on your computer commercials, websites, or ads on which the radio for the invention application help corporations saying the particular way they is able to help you introduce ones invention into the business world.

The first thing they do happens to be get a person to decide on a showcase report with regard to about $700. The record is a basic theme with main information room ) basically incomprehensible. With unquestionably the report while in hand, they tell you have to that my market research indicates your very own idea carries big chance.

Then intended for $10,000 to $15,000 they say the person will buy your product introduced to manufacturers. The person also use to knock you increase for marketing / promoting programs so much as clips and representing your development at exhibitions.

Manufacturers receive these publishing packages many the time, and and then throw the whole bunch straight in the trash. The supply company is also off the hook just because they considered that they would certainly submit your ideas returning to the world. Don’t fritter away your a little time and funding with these submission employers.


Contacting a good company who you are is any kind of a much more significant strategy while compared to posting your company’s invention on a url and and then hoping a new company will find then you. Start to making a particular list on 10 companies that a can reach out to right now.