|
several significant advantages over other invention and product development companies that you should consider before moving forward with your invention.
|
1. |
Marketing/Licensing Costs - We market and license your inventions on a contingency basis, which means we don't make money unless we make money for you. We ask for 25% of royalties if we're successful.
However, most other invention companies charge thousands of dollars up front for marketing or licensing your inventions ($10,000 to $20,000) plus 20% to 40% if they are successful. Typically, the lower the percentage they charge, the higher the up front cost.
Note: In our experience, we have found that companies that do not disclose costs on their website are hiding high prices. The only costs with our company are for tangible services of protecting and developing your idea.
|
2. |
Marketing/Licensing Approach - We utilize state-of-the-art technology to first bring your invention to life and second to find a buyer willing to pay you a royalty for your invention. By utilizing our invention portfolio websites, we are able to quickly and easily reach hundreds of buyers through electronic mail and hotlinks. Our marketing database of companies consists of over 150,000 and growing.
Additionally, with our online invention tradeshow called the iShowOnline, we are able to provide companies with 24 hour a day, 7 days a week access to our inventions. We are building the iShowOnline to become the premier exchange for companies looking to license new product ideas. This is a powerful and awesome way to market your invention.
|
3. |
Mass-production Manufacturing - We are one of the few invention companies with the capability to manufacture and mass-produce your invention. What this means for our inventors is more success options. For example, suppose a distributor is willing to license your invention, however, they will only license the invention if it can be supplied to them as real product. Unlike other companies, we would have the capability to setup, manufacture and supply the distributor with the product. |
|
What is marketing/licensing?
Our invention marketing & licensing process consists of locating companies who are interested in reviewing, evaluating and licensing new inventions in exchange for ongoing royalties and/or upfront payment. From there we provide them with an ongoing and continuous stream of fresh ideas to review. The licensing stage begins when a company expresses interest in obtaining rights to manufacture and/or sell an invention from our client.
How many companies can you reach?
As of January 2004, our marketing database of companies (manufacturers, distributors & retailers) consisted of approximately 150,000 companies and continues to grow every day. Additionally, we continually receive inquires from new companies, brokers and investors who are interested in working with our company. They are drawn to our high quality products and simplified approach. |
|
