To Sell or License An individual’s Invention – Hope Is just Not a Strategy You have a fresh product idea that clients want to sell to a manufacturing company or license for royalties. To make licensing or selling that will work, you need in order to contact companies rather than just wait and hope they contact you.

There are numerous domains to post your creativity. Some of these conglomerates tell you they is likely to match your invention to their thousands of manufacturers in their database. Cannot hold your breath.

For example, let’s say your invention is virtually any new power tool. Its manufacturers of power tools are easily known. Head to Home Depot potentially Lowes and you’ll start to see Skil, Black and Decker, Dewalt, and the the rest. These are the retailers you need to contact. Otherwise what’s the percentage these companies will call us by phone you first? Maybe an individual in a billion.

Contact Companies Directly

Calling companies is not that hard. Be prepared with what to say. Talk about the positive factors your invention has for you to offer the end-customer. Together with talk about how your invention can benefit ones company such as extremely high profit margins, easy if you want to manufacture, and easy to help package and sell.

When they ask for more information, send a Product Proposal. A Cream Proposal is a short-lived document like a modest business plan. The Product Proposal clearly states this market need, product description, benefits, advantages over that this competition, profit potential, but other information as sought after.

Companies need to have new product to grow. Companies are often quite busy with every single tasks in addition have not as much time in order to really be creative to take place up at new design ideas. Providers need brand new products to increase profit, get in which to market quicker, beat ones competition, and thus provide alot more of a particular selection into their folks. And who has companies slashing back at staff, some are staring to the most important outside for the purpose of new opportunities.

Avoid some sort of Invention Information Submission Service providers

Maybe you would possibly have seen Tv set commercials, websites, or public notices on the type of radio for the invention application help corporations saying the particular way they might help your entire family introduce any invention in accordance with the industry.

The fundamental thing they’ll do happens to be get for you to decide to buy a enhance report for about $700. The description is a fabulous basic theme with main information ; basically incomprehensible. With the specific report in the hand, that they can tell most people that any market research indicates your very own idea is complete with big chance.

Then intended for $10,000 which will $15,000 they can say the person will get hold of your product introduced to manufacturers. You also you should try to click on you higher for promoting and marketing programs most of these as movie clips and exhibiting your creation at exhibitions.

Manufacturers obtain these submission packages many the time, and and then throw these kind of people straight under the junk. The publishing company is also off an hook in view that they noted they may submit a new ideas in the market to the small business. Don’t waste materials your moments and dough with quite a number of submission sellers.


Contacting a company is a huge much increased strategy rather than posting your family invention regarding a internet business and then hoping a new company will find individuals. Start by making a particular list to do with 10 suppliers that that you can email right so.