To successfully Sell or License Your new Invention – Hope Might be Not a Strategy

You have a modern product idea that clients want to sell up to a manufacturing company in addition to license for royalties. For licensing or selling that will work, you need on to contact companies rather along with wait and hope they contact you.

There are numerous pages to post your invention. Some of these contractors tell you they should certainly match your invention to their thousands of companies in their database. Better not hold your breath.

For example, let’s for example your invention is virtually any new power tool. Some sort of manufacturers of power equipment are easily known. Go to Home Depot or Lowes and you’ll recognize Skil, Black and InventHelp Office Decker, Dewalt, and the new ones. These are the retailers you need to contact. Otherwise what’s the option these companies will call you first? Maybe one in a billion.

Contact Companies Directly

Calling companies is definitely that hard. Be prepared with what to state that. Talk about the added benefits your invention has for you to offer the end-customer. Together with talk about how personal invention can benefit that company such as exceptional profit margins, easy to manufacture, and easy as a way to package and sell.

When they ask for more information, send a definite Product Proposal. A Service or product Proposal is a rapid document like a minuscule business plan. The Thing Proposal clearly states the market need, product description, benefits, advantages over this particular competition, profit potential, patent a product but other information as sought after.

Companies will want new accessories to raise. Companies are really often on the go with day-by-day tasks and as well as have much time if you want to be creative to show up up considering new item ideas. Installers need new products to finally increase profit, get to assist you to market quicker, beat some sort of competition, and in addition provide whole lot of your selection time for their folks. And with companies cutter back always on staff, are looking to the most important outside when it comes to new ideas.

Avoid the most important Invention Help you to Submission Brands

Maybe may have seen Tv set commercials, websites, or ads on the type of radio for invention submission help corporations saying how they is able to help your entire family introduce ones invention under the commerce.

The to start off thing and they do is in fact get you’ll to decide to buy a market report with regard to about $700. The description is a meaningful basic theme with standard information – basically ineffective. With unquestionably the report in the hand, you tell you that my market check out indicates your very own idea is complete with big prospect.

Then with respect to $10,000 to $15,000 they say they will put your new technology introduced to manufacturers. You also try to tapped you away for promotion programs most of these as videos and exhibiting your creation at tradeshows.

Manufacturers get your these submission packages all the time, and and then throw one straight into the junk. The marketing company is also off the actual hook because they considered that they would submit a new ideas in which to the industry. Don’t squander your a little time and funding with these types of submission companies.


Contacting a good company is the particular much better strategy rather than posting your company’s invention at a internet business and possibly hoping a new company will find individuals. Start by making a list of all 10 suppliers that you can reach right at this point ,.