To successfully Sell or License Any Invention – Hope Is just Not a Strategy

You have a replacement product idea that clients want to sell which can a manufacturing company or even a license for royalties. During licensing or selling which can work, you need to contact companies rather along with wait and hope they contact you.

There are numerous domains to post your new technology. Some of these reputable 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 tell your invention is virtually any new power tool. Some sort of manufacturers of power equipment are easily known. Head to Home Depot or maybe a Lowes and you’ll see Skil, Black and Decker, Dewalt, and the friends. These are the enterprises you need to reach. Otherwise what’s the percentage these companies will call you first? Maybe people in a billion.

Contact Companies Directly

Calling companies is not that hard. Be completely ready with what to for example. Talk about the many advantages your invention has for you to offer the end-customer. And even talk about how personal invention can benefit the company such as exceptional profit margins, easy that will help manufacture, and easy as a way to package and sell.

When they ask for the purpose of more information, send a definite Product Proposal. A Service or product Proposal is a rapid document like a little sun dress business plan. The Thing Proposal clearly states the actual market need, product description, benefits, advantages over the competition, profit potential, but other information as requested.

Companies need to have new pieces to mature. Companies can be often very busy with daily tasks and as well as have little time that can be creative to come up at new item ideas. Insurers need hot products to increase profit, get to assist you to market quicker, beat ones competition, together with provide any more of a new selection with their buyers. And at companies mowing back on a staff, the majority of are in appearance to you see, the outside for new strategies.

Avoid the Invention Allow Submission Carriers

Maybe you’ve seen Television and radio commercials, websites, or promotions on some sort of radio for the invention submission move help corporations saying recommendations on how they is able to help your entire family introduce any invention in the business world.

The primarily thing they do is in fact get you’ll to pay money for a current report to about $700. The report is a basic template with standard information – basically worthless. With the report while in hand, they can tell most people that my market research indicates one’s own idea presents big potential.

Then for $10,000 to assist you $15,000 they can say he or she will buy your creativity introduced to manufacturers. They also test drive to knock you up for marketing / promoting programs most of these as presentations and exhibiting your invention at tradeshows.

Manufacturers be sent these submission move packages all the the time, and than throw them straight back into the particles. The submission company is just off one particular hook just because they asserted they would submit your individual ideas returning to the area of trading. Don’t waste materials your your time and moolah with these types of submission companies.


Contacting a trustworthy company on your own own is a fabulous much better strategy rather than posting your family invention on a internet business and then hoping a company must find individuals. Start just making some list associated with 10 suppliers that the individual can reach right now.