For you to Sell or License Any Invention – Hope Is just Not a Strategy

You have a new product idea that your company want to sell that would a manufacturing company in addition to license for royalties. Meant for licensing or selling that will work, you need to help contact companies rather along with wait and hope they contact you.

There are numerous websites to post your production. Some of these contractors tell you they should certainly match your invention to finally their thousands of companies in their database. Cannot hold your breath.

For example, let’s for example your invention is a new power tool. Which the manufacturers of power tools are easily known. Go to Home Depot or Lowes and you’ll decide Skil, Black and Decker, Dewalt, and the new ones. These are the enterprises you need to reach. Otherwise what’s the percentage these companies will make a call you first? Maybe people in a billion.

Contact Companies Directly

Calling companies is not necessarily that hard. Be prepared with what to say. Talk about the added benefits your invention has in offer the end-customer. And talk about how a person’s invention can benefit that company such as very high profit margins, easy if you want to manufacture, and easy towards package and sell.

When they ask for the purpose of more information, send a real Product Proposal. A Service or product Proposal is a quite short document like a target business plan. The Product Proposal clearly states this market need, product description, benefits, advantages over this particular competition, profit potential, plus other information as asked for.

Companies need new products and solutions to raise. Companies are usually often very busy with every single tasks and as well as have little time that can be creative to can be purchased up considering new product ideas. Providers need hot products to finally increase profit, get to assist you to market quicker, beat some sort of competition, and thus provide more of your selection into their customers. And featuring companies cutting back forward staff, a variety of are in appearance to the very outside for the purpose of new smart ideas.

Avoid ones Invention Allow Submission Carriers

Maybe may have seen Television and radio commercials, websites, or promotions on which the radio for invention publishing help outfits saying how they will help your entire family introduce any invention into the commerce.

The to start off thing and they do is in fact get you to decide to buy a enhance report when about $700. The report is a major basic template with standard information ~ basically incomprehensible. With the specific report in hand, that they can tell most people that ones market research indicates your idea does offer big prospect.

Then with regard to $10,000 to assist you $15,000 these folks say they will gain your invention introduced at manufacturers. The person also use to knock you ready for marketing / promoting programs such as clips and showcasing your development at tradeshows.

Manufacturers receive these marketing packages many the time, and than throw these kind of people straight in the junk. The publishing company is also off which the hook only because they thought they will submit a new ideas returning to the industry. Don’t waste your a little time and money with most of these submission employers.


Contacting a trustworthy company on your own own is any kind of a much significantly better strategy while compared to posting your primary invention regarding a website and so therefore hoping the best company would likely find your corporation. Start when making a list on 10 companies that you can reach out to right straight away.