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

You have a fresh product idea that your company want to sell up to a manufacturing company or license for royalties. For licensing or selling which can work, you need to contact companies rather while compared to wait and hope which they contact you.

There are numerous web sites to post your invention. Some of these companies tell you they is likely to match your invention to their thousands of companies in their database. Don’t have to hold your breath.

For example, let’s presume your invention is the new new power tool. Which the manufacturers of power specialist tools are easily known. Head to Home Depot or maybe a Lowes and you’ll start to see Skil, Black and Decker, Dewalt, and the friends. These are the lenders you need to reach. Otherwise what’s the danger these companies will connect with you first? Maybe an individual in a billion.

Contact Companies Directly

Calling companies is never that hard. Be designed with what to state that. Talk about the benefits your invention has – offer the end-customer. And additionally talk about how a person’s invention can benefit how the company such as significant profit margins, easy in which to manufacture, and easy to package and sell.

When they ask during more information, send a definite Product Proposal. A Cream Proposal is a brief document like a minuscule business plan. The Program Proposal clearly states the actual market need, product description, benefits, advantages over the competition, profit potential, and as a result other information as wanted.

Companies necessity new products and solutions to grow. Companies can be often very busy with day-by-day tasks and as a result have less time that can be fresh to take place up with new dietary supplement ideas. Brands need different products of increase profit, get which can market quicker, beat specific competition, together with provide whole lot of a particular selection in the market to their buyers. And consisting of companies cutting back on a staff, are staring to our outside for new smart ideas.

Avoid ones Invention Allow Submission Business owners

Maybe you could potentially have seen Tv for computer commercials, websites, or advertising’s on the type of radio for invention application help outfits saying recommendations on how they is likely to help your introduce your own invention on to the the market industry.

The to start off thing they’re going to do is really get you to pay money for a current market place report with regard to about $700. The description is a major basic template with various types of information ; basically incomprehensible. With the specific report in the hand, they can tell you have to that any market lookup indicates your very own idea presents big new.

Then with regard to $10,000 to assist you $15,000 these folks say how they will gain your creativity introduced at manufacturers. These items also you should try to hit you higher for promoting and marketing programs most of these as movie clips and representing your advent at tradeshows.

Manufacturers bring in these marketing packages all the time, and accompanied by throw one straight under the trash. The marketing company is off the actual hook in view that they said they would certainly submit your own ideas to the world. Don’t squander your moments and day-to-day money with these types of submission employers.


Contacting a trustworthy company yourself is any kind of a much better strategy rather than posting your family invention on a url and then hoping a company must find you. Start to making a list associated with 10 companies that a can reach right now.