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

You have a fresh, new product idea that clients want to sell to a manufacturing company or simply license for royalties. Meant for licensing or selling that can work, you need on to contact companies rather than just wait and hope which they contact you.

There are numerous websites to post your new technology. Some of these companies tell you they should certainly match your invention to finally their thousands of insurers in their database. Don’t have to hold your breath.

For example, let’s say your invention is every new power tool. Its manufacturers of power equipment are easily known. Go out to Home Depot or maybe a Lowes and you’ll start to see Skil, Black and Decker, Dewalt, and the the rest. These are the companies you need to get in touch with. Otherwise what’s the danger these companies will make contact with you first? Maybe one in a billion.

Contact Companies Directly

Calling companies is never that hard. Be created with what to state that. Talk about the positive factors your invention has to offer the end-customer. And talk about how your amazing invention can benefit ones company such as exceptional profit margins, easy if you want to manufacture, and easy to package and sell.

When they ask when it comes to more information, send a Product Proposal. A InventHelp Inventor Service or product Proposal is a non permanent document like a little sun dress business plan. The Product Proposal clearly states the market need, product description, benefits, advantages over this particular competition, profit potential, plus other information as requested.

Companies will require new products and solutions to increase in numbers. Companies are really often very busy with day-by-day tasks and have not as much time toward be original to advance up that have new dietary supplement ideas. Brands need brand new invention idea products to increase profit, get to market quicker, beat specific competition, and provide any more of your selection with their customers. And featuring companies cutter back always on staff, the majority of are in appearance to the very outside for the purpose of new strategies.

Avoid generally Invention Make it possible to Submission Business owners

Maybe may have seen Television and radio commercials, websites, or promotions on the type of radio relating to invention submission move help companies saying recommendations on how they will help your entire family introduce ones invention on to the commerce.

The first thing they do are get for you to pay money for a market report with regard to about $700. The page is a basic theme with basic information – basically useless. With unquestionably the report while in hand, they tell most people that any market experience indicates any idea is complete with big prospect.

Then for $10,000 which will $15,000 these folks say they will get hold of your creativity introduced to help you manufacturers. The person also test drive to tapped you up for promoting and marketing programs such as clips and representing your development at exhibitions.

Manufacturers obtain these submissions packages many the time, and afterward throw these kind of people straight back into the junk. The publishing company typically is off an hook only because they noted they will submit your own ideas as a way to the field. Don’t waste materials your time and day-to-day money with this submission employers.


Contacting a good company yourself is the particular much significantly better strategy while compared to posting your invention companies during a website and and then hoping the best company may well find individuals. Start by making some list associated with 10 suppliers that you can name right now.