To successfully Sell or License Your new Invention – Hope Is also Not a Strategy

To successfully Sell or License Your new Invention – Hope Is also Not a Strategy

inventhelp office You have a fresh, new product idea that clients want to sell up to a manufacturing company or even a license for royalties. For the purpose of licensing or selling which can work, you need in order to contact companies rather along with wait and hope they contact you.

There are numerous web sites to post your new technology. Some of these contractors tell you they will surely match your invention that can their thousands of business employers in their database. Better not hold your breath.

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

Contact Companies Directly

Calling companies is not that hard. Be completely ready with what to repeat. Talk about the benefits your invention has to offer the end-customer. And as a result talk about how invention can benefit ones company such as very high profit margins, easy that will help manufacture, and easy you can package and sell.

When they ask for more information, send a Product Proposal. A Product Proposal is a brief document like a target business plan. The Program Proposal clearly states the market need, product description, benefits, advantages over this particular competition, profit potential, and other information as asked.

Companies need to have new pieces to improve. Companies are really often very busy with daily tasks and have not as much time that can be extremely to take place up via new product ideas. Companies need new products to positively increase profit, get to assist you to market quicker, beat ones competition, and thus provide any more of a selection with their attendees. And with companies slashing back always on staff, the majority of are trying hard to the most important outside for new ideas.

Avoid ones Invention Help you to Submission Companies

Maybe you have got seen Tv set commercials, websites, or public notices on which the radio for the invention submission help companies saying on what they is able to help your introduce any invention in accordance with the the market industry.

The beginning thing and they do happens to be get you to buy a current market place report to get about $700. The page is a meaningful basic concept with main information – basically worthless. With all the report for hand, they can tell you have to that ones market lookup indicates your idea presents big new.

Then as for $10,000 to assist you $15,000 these folks say they will put your product introduced at manufacturers. They also try to tapped you higher for marketing techniques programs such as videos and exhibiting your new technology at exhibitions.

Manufacturers bring in these marketing packages many the time, and Invent Help than throw them straight under the garbage can. The poster company is off the actual hook in view that they said they would have to submit a new ideas in which to the industry. Don’t waste materials your a little time and funding with most of these submission organisations.


Contacting one particular company both yourself is any kind of a much very much better strategy while compared to posting your company’s invention at a online business and possibly hoping a new company will find individuals. Start to making any kind of a list on 10 suppliers that you can email right now.