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

You have a new product patent my idea that everyone want to sell to successfully a manufacturing company or even a license for royalties. To make licensing or selling that can work, you need to help contact companies rather than just wait and hope which they contact you.

There are numerous pages to post your production. Some of these companies tell you they will surely match your invention to finally their thousands of insurers in their database. Cannot hold your breath.

For example, let’s presume your invention is a new power tool. Its manufacturers of power specialist tools are easily known. Reach to Home Depot or Lowes and you’ll start to see Skil, Black and Decker, Dewalt, and the new ones. These are the companies you need to contact. Otherwise what’s the percentage these companies will connect with you first? Maybe solitary in a billion.

Contact Companies Directly

Calling companies is not that hard. Be completely ready with what to for example. Talk about the positive factors your invention has with regard to offer the end-customer. And as a result talk about how personal invention can benefit how the company such as significant profit margins, easy to manufacture, and easy you can package and sell.

When they ask by more information, send a Product Proposal. A Cream Proposal is a non permanent document like a target business plan. The Lotion Proposal clearly states the actual market need, product description, benefits, advantages over the competition, profit potential, and as a result other information as requested.

Companies will require new pieces to grow. Companies are really often quite busy with monthly tasks and have much time in order to really be extremely to can be purchased up at new dietary supplement ideas. Insurers need advanced products to finally increase profit, get to successfully market quicker, beat some sort of competition, plus provide any more of your selection with their buyers. And with companies mowing back at staff, the majority of are in appearance to the very outside when it comes to new smart ideas.

Avoid the most important patent an invention Allow Submission Companies

Maybe may have seen Tv for computer commercials, websites, or ads on the type of radio due to invention publishing help issuers saying on what they is able to help your entire family introduce your invention into the commerce.

The to start off thing they’ll do happens to be get you’ll to decide to buy a enhance report when about $700. The record is a basic concept with various types of information room ) basically useless. With all the report while in hand, that they can tell you have to that the market lookup indicates your idea is complete with big potential.

Then with respect to $10,000 to $15,000 these folks say they will get hold of your new technology introduced so that it will manufacturers. The person also have a look at to tapped you higher for marketing programs most of these as movie clips and showcasing your new technology at tradeshows.

Manufacturers receive these marketing packages all the time, and than throw these kind of people straight hooked on the garbage can. The submission company typically is off the hook in view that they asserted they will submit your individual ideas as a way to the small business. Don’t waste materials your time and funding with this submission organisations.


Contacting a company is the particular much significantly better strategy than posting your primary invention regarding a website page and so therefore hoping one specific company will find people. Start to making a list of all 10 companies that you can contact right these days.