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

You have a fresh product idea that most people want to sell to a manufacturing company or simply license for royalties. To make licensing or selling which can work, you need on to contact companies rather than just wait and hope these types of people contact you.

There are numerous web sites to post your new technology. Some of these conglomerates tell you they will match your invention to their thousands of outfits in their database. Typically hold your breath.

For example, let’s presume your invention is any kind of a new power tool. All manufacturers of power ways are easily known. Start to Home Depot or perhaps even Lowes and you’ll identify Skil, Black and Decker, Dewalt, and the some others. These are the retailers you need to reach. Otherwise what’s the percentage these companies will call us by phone you first? Maybe people in a billion.

Contact Companies Directly

Calling companies is never that hard. Be completely ready with what to tell you. Talk about the extra benefits your invention has for you to offer the end-customer. And talk about how your amazing invention can benefit some sort of company such as significant profit margins, easy at manufacture, and easy to help package and sell.

When they ask for the purpose of more information, send a real Product Proposal. A Dietary supplement Proposal is a rapid document like a target business plan. The Method Proposal clearly states the actual market need, product description, benefits, advantages over that this competition, profit potential, how to invent a product plus other information as asked.

Companies need to have new pieces to mature. Companies are really often very busy with almost daily tasks then have less time toward be creative to take place up with new item ideas. Insurers need brand new products to finally increase profit, get to assist you to market quicker, beat some sort of competition, and provide whole lot of a new selection into their buyers. And consisting of companies slashing back always on staff, a variety of are in the market to the most important outside towards new ideas.

Avoid some sort of Invention Make it possible to Submission Carriers

Maybe you’ve seen Television and radio InventHelp George Foreman Commercials, websites, or promotions on some sort of radio due to invention submission move help companies saying the particular way they is likely to help the customer introduce any invention into the commerce.

The first thing and they do are get you to choose a current report to about $700. The report is a fabulous basic web template with standard information lectronic basically ineffective. With the report in the hand, that they can tell most people that any market research indicates your very own idea carries big prospect.

Then for $10,000 so that you $15,000 these folks say the person will get hold of your invention introduced so that it will manufacturers. You also use to tapped you ready for marketing techniques programs most of these as clips and representing your development at tradeshows.

Manufacturers bring in these submission move packages many the time, and afterward throw these kind of people straight into the junk. The publishing company is just off one particular hook only because they said they will submit this ideas returning to the small business. Don’t waste materials your moments and day-to-day money with these submission people.


Contacting a trustworthy company both yourself is a huge much increased strategy rather than posting your invention regarding a url and so therefore hoping a new company will find people. Start when making a particular list associated with 10 brands that that you can reach out to right so.