How do I market an invention?

Question

Who do I contact with an idea I have? It's a simple invention and would like to see if it's marketable.

Answer 1

You need to find someone willing to invest in your idea. Try finding a venture capitalist firm that has similar business values to you and possibly help you find a way to make your idea become reality.

Answer 2

Invention University will educate you on developing your idea/invention. IU has inventor services, patent, license.
http://www.inventionuniversity.com/contact.htm

Retailers and distributors prefer a product that fits into one category. Where to they place the multi-purpose machine? Does it go in the coffee maker section? Next to popcorn poppers? Or, the waffle iron section? When marketing a multi-purpose product, there's the issue of not focusing on a target market. If a multi-purpose product caters to many different people, the cost of marketing simultaneously to each segment raises significantly. With a fixed budget, instead of making a big noise in one market, you end up making a small noise in many markets.

A product that solves a problem or satisfies a need or want better than anyone else at a reasonable price is more marketable. During early development talk to potential customers and ask what features are important and what features are not important. Eliminate all the features that do not make your product sellable and make the important features more attractive than the competition. Then you'll be on your way to product success.

Whether at the prototype stage or getting ready for production, Product Requirements are needed to describe how your product will function, how it will look and feel, and how it will operate. Designers and manufacturers need requirements so that they can accurately make the product you have in mind. Creating requirements will save time in the long run and improve quality and market appeal. Product Requirements are a detailed description of how your product should look, feel, and function. Product Requirements along with drawings and diagrams provide clarity, and increase your chances that a designer and manufacturer will create the product as you intended, rather than trying to read your mind. Product Requirements are simple to write with your wordprocessor and can be as little as one or two pages that include:

• Features
• Functions
• Appearance
• Performance levels
• Quality standards

Answer 3

in case you have a working prototype, unique specs, and have patented the layout (is it some thing you are able to shield or a layout which would be greater proper to others) or patent pending, then you quite ought to initiate watching what agencies might have an interest in it. Who has a choose on your product? Can or no longer it quite is used interior the overall performance of a provider? Is it some thing quite unique the place an investment employer might have an interest in merely procuring the rights to resell it themselves? ascertain those questions, then circulate forward with contacting agencies and/or investment agencies that it would activity. it quite is in all likelihood a stable theory to touch a lawyer additionally, one which makes a speciality of revenues of patents/innovations, earlier accomplishing out to agencies.

Answer 4

Document everything you have on it, put it in an envelope (or package) and mail it to your self. Then hide that some where and don't open it. Then contact your local bar assoc. for the name of a good patent atty. (who may even have contacts with venture capitalists) and get pointed in the right directions from there.

Answer 5

Just tell me . Tell me. Just say it- say it!