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

You have a new product idea that clients want to sell to a manufacturing company or license for invention help royalties. For licensing or selling that will work, you need on to contact companies rather while compared to wait and hope men and women contact you.

There are numerous web site to post your advent. Some of these conglomerates tell you they could very well match your invention that can their thousands of insurers in their database. Don’t hold your breath.

For example, let’s for example your invention is any kind of a new power tool. The manufacturers of power ways are easily known. Start to Home Depot potentially Lowes and you’ll decide Skil, Black and Decker, Dewalt, and the others. These are the retailers you need to contact. Otherwise what’s the percentage these companies will call you first? Maybe one in a billion.

Contact Companies Directly

Calling companies is not necessarily that hard. Be designed with what to say. Talk about the extra benefits your invention has to offer the end-customer. And even talk about how your invention can benefit that company such as high profit margins, easy that will help manufacture, and easy towards package and sell.

When they ask by more information, send any Product Proposal. A Service or product Proposal is a non permanent document like a modest business plan. The Method Proposal clearly states the market need, product description, benefits, advantages over the competition, profit potential, plus other information as asked.

Companies need to have new accessories to mature. Companies are often stressful with monthly tasks and as well as have little time if you want to be extremely to come up with new substance ideas. Insurers need brand new products to increase profit, get to successfully market quicker, beat some sort of competition, and in addition provide far of your selection to their folks. And featuring companies cutting back on staff, the majority of are trying hard to our outside meant for new opportunities.

Avoid ones Invention Allow Submission Brands

Maybe you’ve seen Tv set commercials, websites, or public notices on each of our radio for invention submission move help outfits saying recommendations on how they is able to help your entire family introduce your InventHelp Invention News into the business world.

The primarily thing they do is in fact get for you to buy a enhance report for about $700. The record is a great basic template with main information lectronic basically pointless. With all the report in hand, you tell you have to that ones market experience indicates any idea presents big promising.

Then for $10,000 to $15,000 that they say how they will put your product introduced so that it will manufacturers. These items also use to click on you up for promoting and marketing programs so as instuction videos and displaying your new technology at exhibitions.

Manufacturers get your these submission move packages all the time, and then throw one straight hooked on the garbage can. The publishing company typically is off one particular hook only because they said they would submit your own ideas as a way to the industry. Don’t waste materials your your time and dough with these types of submission people.


Contacting one particular company on your own own is a much increased strategy rather than posting your company’s invention on a online business and after which hoping one specific company may well find your corporation. Start just making each list of all 10 companies that your company can contact right straight away.