To successfully Sell or License Your Invention – Hope Might be Not a Strategy; You have a fresh, new product idea that clients want to sell which can a manufacturing company aka license for royalties. For the purpose of licensing or selling to work, you need on to contact companies rather than just wait and hope all the people contact you.

There are numerous web sites to post your invention. Some of these conglomerates tell you they will surely match your invention that can their thousands of companies in their database. Cannot 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. Reach to Home Depot per Lowes and you’ll see Skil, Black and Decker, Dewalt, and the the rest. These are the companies you need to get in touch with. Otherwise what’s the luck these companies will connect with you first? Maybe one particular particular in a billion.

Contact Companies Directly

Calling companies is definitely that hard. Be created with what to state that. Talk about the added benefits your invention has in offer the end-customer. Together with talk about how a person’s invention can benefit the company such as significant profit margins, easy that will help manufacture, and easy to help package and sell.

When they ask when it comes to more information, send a real Product Proposal. A Software Proposal is a quite short document like a target business plan. The Product Proposal clearly states this market need, product description, benefits, advantages over which the competition, profit potential, plus other information as requested.

Companies need to have new pieces to raise. Companies have proven to be often very busy with every single tasks and have less time toward be original to take place up considering new item ideas. Companies need brand new products of increase profit, get to assist you to market quicker, beat ones competition, and provide any more of a new selection into their members. And at companies slashing back always on staff, the majority of are trying hard to you see, the outside towards new ideas.

Avoid some sort of Invention Help you to Submission Companies

Maybe you have got seen Tv on your computer commercials, websites, or public notices on the type of radio for the invention submission help companies saying the particular way they might help your entire family introduce your own invention under the business world.

The beginning thing they’ll do is really get a person to buy a current market place report when about $700. The description is a great basic theme with main information ; basically worthless. With some of the report while in hand, that they can tell then you that ones market research indicates your idea does offer big chance.

Then with regard to $10,000 to assist you $15,000 these folks say the person will buy your product introduced on manufacturers. Many also have a look at to click on you ready for marketing / promoting programs so much as movie clips and proving your advent at tradeshows.

Manufacturers receive these publishing packages every the time, and afterward throw people straight in the junk talking in the. The marketing company is off the hook only because they considered that they would have to submit your individual ideas returning to the small business. Don’t squander your your time and moolah with most of these submission companies.


Contacting a good company on your own own is the particular much better strategy in comparison with what posting your primary invention during a website page and then hoping a functional company will probably find then you. Start by making each list on 10 companies that your company can email right these days.