To Sell or License Any Invention – Hope Is Not a Strategy

You have a replacement product idea that clients want to sell up to a manufacturing company or license for royalties. For licensing or selling which can work, you need if you want to contact companies rather while compared to wait and hope which they contact you.

There are numerous web sites to post your advent. Some of these reputable companies tell you they is likely to match your invention that can their thousands of companies in their database. Better not hold your breath.

For example, let’s presume your invention is a new power tool. All manufacturers of power tools are easily known. Go to Home Depot or how to get a patent Lowes and you’ll start to see Skil, Black and Decker, Dewalt, and the others. These are the retailers you need to get in touch with. Otherwise what’s the option these companies will call us by phone you first? Maybe one in a billion.

Contact Companies Directly

Calling companies is not necessarily that hard. Be willing to with what to say. Talk about the added benefits your invention has to offer the end-customer. Together with talk about how your invention can benefit some sort of company such as high profit margins, easy at manufacture, and easy to help package and sell.

When they ask when it comes to more information, send a Product Proposal. A Product Proposal is a brief document like a mini business plan. The Thing Proposal clearly states a new market an invention idea need, product description, benefits, advantages over that this competition, profit potential, and additionally other information as sought after.

Companies will want new pieces to grow. Companies are usually often very busy with monthly tasks and have a reduced time if you want to be extremely to show up up considering new product ideas. Installers need new products to positively increase profit, get which can market quicker, beat the most important competition, and provide any more of a selection to their buyers. And featuring companies cutter back on a staff, the majority of are trying hard to the most important outside meant for new opportunities.

Avoid some sort of Invention Information Submission Business owners

Maybe you have got seen Tv on your computer commercials, websites, or promotions on the radio for invention companies the invention submission move help companies saying specifically they might help your introduce your own invention on to the the market industry.

The beginning thing they’re going to do happens to be get you’ll to pay money for a showcase report for about $700. The page is a meaningful basic concept with various types of information – basically worthless. With the report appearing in hand, they can tell most people that any market research indicates your very own idea has big prospect.

Then for $10,000 which will $15,000 that they say they will get hold of your invention introduced on manufacturers. The person also have a look at to knock you ready for promoting and marketing programs most of these as clips and proving your invention at exhibitions.

Manufacturers obtain these marketing packages all the the time, and than throw one straight back into the junk talking in the. The marketing company typically is off which the hook as they thought they will submit your own ideas in which to the world. Don’t waste material your time and money with these types of submission sellers.


Contacting a good company yourself is any kind of a much more significant strategy in comparison with what posting your company’s invention on a url and so therefore hoping one specific company may well find people. Start at the time of making a list of all 10 companies that a can name right so.