For Sell or License Some Invention – Hope Is Not a Strategy

For Sell or License Some Invention – Hope Is Not a Strategy

You have a fresh, new product idea that everyone want to sell that would a manufacturing company or even a license for royalties. During licensing or selling which can work, you need in order to contact companies rather while compared to wait and hope these types of people contact you.

There are numerous web site to post your advent. Some of these contractors tell you they should certainly match your invention so that you their thousands of insurers in their database. Don’t have to hold your breath.

For example, let’s for example your invention is any kind of a new power tool. Some sort of manufacturers of power tools are easily known. Start to Home Depot or maybe a Lowes and you’ll recognize Skil, Black and Decker, Dewalt, and the friends. These are the companies you need to telephone. Otherwise what’s the percentage these companies will make a call you first? Maybe an individual in a billion.

Contact Companies Directly

Calling companies is not necessarily that hard. Be completely ready with what to tell you. Talk about the positive factors your invention has – offer the end-customer. And talk about how invention can benefit some sort of company such as exceptional profit margins, easy to manufacture, and easy towards package and sell.

When they ask during more information, send any Product Proposal. A Service or product Proposal is a non permanent document like a target business plan. The Method Proposal clearly states a new market need, product description, benefits, advantages over that this competition, profit potential, but other information as asked.

Companies need new products and solutions to raise. Companies are usually often very busy with almost daily tasks in addition have less time in order to really be extremely to take place up with new item ideas. Providers need new products of increase profit, get to market quicker, beat specific competition, plus provide whole lot of a new selection in the market to their attendees. And who has companies cutting back at staff, some are staring to you see, the outside for the purpose of new opportunities.

Avoid generally Invention Help you to Submission Brands

Maybe you have got seen Television and radio commercials, websites, or promotions on which the radio for invention submission move help companies saying the particular way they might help you introduce ones invention on to the the market industry.

The fundamental thing these kinds of products do is in fact get you to decide on a current report to about $700. The report is a basic concept with easy-to-follow information ; basically ineffective. With the report in the hand, they can tell you that the market research indicates one’s own idea carries big chance.

Then as for $10,000 on the way to $15,000 these folks say how they will put your new technology introduced on manufacturers. These items also use to click on you increase for promotion programs most of these as videos and showcasing your new technology at tradeshows.

Manufacturers receive these submission packages every the time, and then throw them straight hooked on the junk talking in the. The publishing company is going to be off the hook just because they considered that they would certainly submit your ideas as a way to the field. Don’t waste your time and funding with most of these submission companies.


Contacting the actual company yourself is a much more significant strategy while compared to posting your company’s invention at a url and then hoping a new company will probably find you. Start when making a particular list of all 10 brands that the individual can name right straight away.