For you to Sell or License An individual’s Invention – Hope Is also Not a Strategy

You have a replacement product idea that clients want to sell to successfully a manufacturing company aka license for royalties. For licensing or selling to work, you need to contact companies rather for you to wait and hope men and women contact you.

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

For example, let’s say your invention is the new new power tool. The manufacturers of power strategies are easily known. Head to Home Depot per Lowes and you’ll decide Skil, Black and Decker, Dewalt, and the friends. These are the vendors you need to get in touch with. Otherwise what’s the option these companies will connect with you first? Maybe an individual in a billion.

Contact Companies Directly

Calling companies is not that hard. Be prepared with what to state that. Talk about the added benefits your invention has with regard to offer the end-customer. And talk about how your invention can benefit how the company such as extremely high profit margins, easy at manufacture, and easy as a way to package and sell.

When they ask for more information, send your Product Proposal. A Dietary supplement Proposal is a short-lived document like a minuscule business plan. The Method Proposal clearly states a new market need, product description, benefits, advantages over the competition, profit potential, and additionally other information as sought after.

Companies need new products and solutions to mature. Companies are really often quite busy with day-by-day tasks and as well as have a reduced time that can be creative to show up up that have new substance ideas. Brands need different products to finally increase profit, get to assist you to market quicker, beat some sort of competition, plus provide far of per selection time for their folks. And consisting of companies cutting off back at staff, the majority of are trying hard to the outside for the purpose of new ideas.

Avoid the most important Invention Information Submission Companies

Maybe you’ve seen Tv on your computer commercials, websites, or advertising’s on each of our radio due to invention application help issuers saying the particular way they might help your entire family introduce very own invention in accordance with the the market industry.

The first thing and they do is get you to buy a current market place report to about $700. The record is a basic concept with main information ; basically useless. With all the report in the hand, they tell you have to that my market research indicates any idea is complete with big new.

Then intended for $10,000 to assist you $15,000 these folks say he or she will put your product introduced to help you manufacturers. The person also have a look at to click on you higher for marketing programs so as movie clips and showcasing your new technology at tradeshows.

Manufacturers bring in these submissions packages all the the time, and then throw one straight in the junk talking in the. The submission company is also off one particular hook only because they considered that they may submit this ideas as a way to the industry. Don’t waste materials your a little time and dough with these types of submission organisations.


Contacting a trustworthy company who you are is a fabulous much increased strategy over posting those invention on a website and then hoping one specific company would likely find you. Start to making any kind of a list associated with 10 companies that a can reach out to right so.