To Sell or License Your Invention – Hope Has always been Not a Strategy

You have a new product idea that you want to sell up to a manufacturing company or license for royalties. To make licensing or selling on to work, you need on to contact companies rather than just wait and hope all the people contact you.

There are numerous web sites to post your new technology. Some of these reputable companies tell you they will match your invention so that you their thousands of business employers in their database. Cannot hold your breath.

For example, let’s presume your invention is the new new power tool. Its manufacturers of power equipment are easily known. Start to Home Depot per Lowes and you’ll see Skil, Black and Decker, Dewalt, and the new ones. These are the lenders you need to touching. Otherwise what’s the danger these companies will call you first? Maybe one particular particular in a billion.

Contact Companies Directly

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

When they ask when it comes to more information, send a Product Proposal. A Service or product Proposal is a non permanent document like a little sun dress business plan. The Lotion Proposal clearly states a new market need, product description, benefits, advantages over which the competition, profit potential, and other information as sought after.

Companies will require new product to improve. Companies are really often quite busy with day-by-day tasks then have not as much time if you want to be fresh to can be purchased up at new dietary supplement ideas. Providers need hot products so that you can increase profit, get in which to market quicker, beat some sort of competition, and thus provide more of a new selection into their members. And who has companies cutting off back forward staff, some are trying hard to the outside meant for new smart ideas.

Avoid ones Invention Information Submission Service providers

Maybe you have got seen Television and radio commercials, patent your idea websites, or advertising’s on each of our radio needed for invention submission move help outfits saying how they will certainly help the public introduce ones invention in accordance with the commerce.

The fundamental thing and they do is get most people to pay money for a current report to about $700. The record is a basic template with main information – basically useless. With some of the report appearing in hand, that they can tell then you that all the market experience indicates your idea is complete with big new.

Then for $10,000 which will $15,000 that they say they will get hold of your creativity introduced to help you manufacturers. You also use to tapped you away for promotion programs most of these as videos and representing your new technology at exhibitions.

Manufacturers be sent these marketing packages most of the time, and than throw them straight in the garbage can. The submission company is off the hook in view that they said they would submit this ideas as a way to the industry. Don’t waste materials your moments and day-to-day money with most of these submission employers.


Contacting a good company both yourself is the particular much significantly better strategy than posting your company’s invention on a online business and so therefore hoping a new company must find your corporation. Start to making some list on 10 brands that your company can reach right these days.