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Selling Your Product
or Patent
Why Sell:
A patent or your
invention is your property and as such you have the
legal right to do with it as you wish. Selling
allows you to;
1. Focus your
attention on other ideas.
2. Turn over the
entire rights to your patent or product and be done
with the venture.
3. Generate a quick
income from the sale.
A
patent/product owner has 4 basic choices they can
make with their invention:
-
License Your Patent/Product:
This allows you
to maintain ownership of your idea, while
allowing another company to build and market the
idea. This is what InventorsIPO specialize in.
We find a company to build, market, and pay you
a fair market value for the use of your idea.
- Build
and market the product yourself:
You can build,
market, and do the legal work yourself. This is
a complicated process that requires capital,
time, and knowledge of the market.
- Sell
the Patent/Product:
All
patent/product owners have the right to sell
their idea. This process requires the ability to
find a buyer, a lawyer, and understand what the
market value of their idea is.
- Do
Nothing:
Believe it or
not, the vast majority of patents granted by the
U.S. Patent Office have never been acted upon.
About 90% off all patents are never
commercialized!
Why License Your Idea?
Licensing your idea
to an established company has many advantages.
- Your product
will carry the label of a company that has a
well known and respected name.
- Most
individuals cannot, and should not
approach large companies like Wal-Mart, Target,
etc. They usually will not look at people who
only sell one product, they prefer vendors with
multiple products.
- Most larger
companies have a complete marketing and
Public Relations department. Larger
corporations have the capital and resources
available to launch a product properly.
- By allowing
another company to build and market your product
they generally assume the liability
also. Thus if for some reason
something happens that has legal ramification
they will usually handle it.
- You
get paid royalties for doing nothing.
Of course it is your idea, you did invent it and
file the appropriate patent application. But
what we mean is that you will get paid, while
they build it, market it, promote it, and do all
of the ground work.
Find Me A Manufacturer
For My Patent
That is what we do. You can believe we will go the
extra step to secure your future. One of
InventorsIPO's main focuses is to bring inventors
and manufacturers together on a fair and equal
playing field.
Since every idea is unique, we utilize
state-of-the-art computerized information resources
to create a specific marketing plan that will best
meet your goals, and provide the best path to market
your idea.
From processing your initial patent to taking
your idea to market, to helping you receive
royalties for your idea, InventorsIPO provides
thorough knowledge of the marketplace along with
caring personal service.
Lets'
Get Started
To
start the process, simply contact us and provide us
with the basic information. We will take it from
there. It does not matter where you are in the
process, whether you have filed or not. We can
help.
Get Started
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