Posts tagged Idea

One of the keys to inventor success is to know how to sell your invention. Not all inventions are good. Of the good ones, even fewer are great. Studies show that at best 20% of inventions sell well in the market place. You, as the inventor have to know the basics of selling invention ideas.
One of the first things to know when trying to sell your invention is that it is yours to sell. The best way to determine this is to check the market for similar products. Go to the stores or distributors where your new invention would sell and study the products that are like it. Look at the packaging, review the manufacturer info and look at how and where it is displayed.
Another key thing to do is to make sure that you are not stealing someone else’s invention idea. You can’t sell your invention if it isn’t really yours. A quick patent search will help you make sure that your invention idea is new and that you can sell your invention without the fear of a big lawsuit.
Google offers a patent search tool… More >>