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

You have a fresh product idea that your company want to sell which can a manufacturing company in addition to license for royalties. For the purpose of licensing or selling that can work, you need to help contact companies rather than wait and hope all the people contact you.

There are numerous web sites to post your invention. Some of these contractors tell you they will surely match your invention that can their thousands of companies in their database. Cannot hold your breath.

For example, let’s for example your invention is virtually any new power tool. Which the manufacturers of power ways are easily known. Head to Home Depot per Lowes and you’ll decide Skil, Black and Decker, Dewalt, and the the rest. These are the lenders you need to reach. Otherwise what’s the percentage these companies will make a call you first? Maybe one in a billion.

Contact Companies Directly

Calling companies is not necessarily that hard. Be designed with what to repeat. Talk about the many advantages your invention has – offer the end-customer. And even talk about how invention can benefit ones company such as exceptional profit margins, easy to manufacture, and easy to help package and sell.

When they ask when it comes to more information, send a definite Product Proposal. A Product Proposal is a short-lived document like a mini business plan. The Method Proposal clearly states the exact market need, product description, benefits, advantages over the competition, profit potential, but other information as asked.

Companies necessity new product to increase in numbers. Companies have proven to be often stressful with daily tasks in addition have little time toward be fresh to come up with new design ideas. Providers need hot products to finally increase profit, get to market quicker, beat the most important competition, and thus provide more of your selection with their attendees. And who has companies slashing back at staff, some are in the market to the very outside meant for new blueprints.

Avoid the most important Invention Make it possible to Submission Business owners

Maybe you would possibly have seen Tv on your computer commercials, websites, or ads on each of our radio needed for invention submission move help corporations saying specifically they will certainly help the customer introduce very own invention under the industry.

The beginning thing they do happens to be get for you to decide to buy a market report for about $700. The record is a major basic arrangement with basic information ; basically incomprehensible. With some of the report appearing in hand, the company tell then you that all the market research indicates any idea presents big new.

Then for $10,000 so that you $15,000 they can say they will gain your creativity introduced so that it will manufacturers. The person also try to knock you away for promotion programs most of these as instuction videos and proving your development at exhibitions.

Manufacturers be sent these marketing packages all the time, and accompanied by throw people straight back into the particles. The marketing company is going to be off one particular hook as they considered that they would have to submit this ideas returning to the field. Don’t waste materials your spare time and day-to-day money with these submission sellers.


Contacting the actual company both yourself is any kind of a much more significant strategy than posting your company’s invention forward a url and so therefore hoping a company must find then you. Start at the time of making some list of 10 brands that a can name right now.