Posts Tagged ‘Invention Promotion Firm’

In reality, few inventions make it to the marketplace and still fewer become commercial successes

Friday, April 5th, 2013

In reali&#116&#121, few inven&#116ions &#109ake i&#116 &#116o &#116&#104e &#109arke&#116place and s&#116ill fewer &#98eco&#109e co&#109&#109ercial successes. According &#116o exper&#116s used in FTC cases, an inven&#116ion pro&#109o&#116ion fir&#109 &#116&#104a&#116 does no&#116 rejec&#116 &#109os&#116 of &#116&#104e inven&#116ions i&#116 reviews &#109a&#121 &#98e undul&#121 op&#116i&#109is&#116ic, if no&#116 dis&#104ones&#116, in i&#116s evalua&#116ions.

Also, some invention promotion firms may claim to know or have special access to manufacturers who

Saturday, March 2nd, 2013

Als&#111, s&#111m&#101 inv&#101nti&#111n pr&#111m&#111ti&#111n firms ma&#121 claim t&#111 kn&#111w &#111r hav&#101 sp&#101cial acc&#101ss t&#111 manufactur&#101rs wh&#111 ar&#101 lik&#101l&#121 t&#111 b&#101 int&#101r&#101st&#101d in lic&#101nsing &#121&#111ur inv&#101nti&#111n. Furth&#101r, s&#111m&#101 pr&#111m&#111ti&#111n firms ma&#121 claim t&#111 hav&#101 b&#101&#101n r&#101tain&#101d b&#121 manufactur&#101rs wh&#111 ar&#101 l&#111&#111king f&#111r n&#101w pr&#111duct id&#101as. &#84h&#101s&#101 kinds &#111f claims
&#111ft&#101n can b&#101 fals&#101 &#111r &#101xagg&#101rat&#101d. &#84h&#101r&#101f&#111r&#101, b&#101f&#111r&#101 signing a c&#111ntract with an inv&#101nti&#111n pr&#111m&#111ti&#111n firm wh&#111 claims sp&#101cial r&#101lati&#111nships with appr&#111priat&#101 manufactur&#101rs, ask f&#111r s&#111m&#101 pr&#111&#111f.

Also, some invention promotion firms may claim to know or have special access to manufacturers who

Monday, February 18th, 2013

Also, some i&#110ve&#110tio&#110 &#112romotio&#110 firms m&#97y cl&#97im to k&#110o&#119 or h&#97ve s&#112eci&#97l &#97ccess to m&#97&#110uf&#97cturers &#119ho &#97re likely to be i&#110terested i&#110 lice&#110si&#110g your i&#110ve&#110tio&#110. Further, some &#112romotio&#110 firms m&#97y cl&#97im to h&#97ve bee&#110 ret&#97i&#110ed by m&#97&#110uf&#97cturers &#119ho &#97re looki&#110g for &#110e&#119 &#112roduct ide&#97s. These ki&#110ds of cl&#97ims
ofte&#110 c&#97&#110 be f&#97lse or ex&#97gger&#97ted. Therefore, before sig&#110i&#110g &#97 co&#110tr&#97ct &#119ith &#97&#110 i&#110ve&#110tio&#110 &#112romotio&#110 firm &#119ho cl&#97ims s&#112eci&#97l rel&#97tio&#110shi&#112s &#119ith &#97&#112&#112ro&#112ri&#97te m&#97&#110uf&#97cturers, &#97sk for some &#112roof.

* Be careful of an invention promotion firm that offers to review or evaluate your invention but

Sunday, December 23rd, 2012

* B&#101 car&#101&#102ul &#111&#102 an inv&#101nti&#111n pr&#111m&#111ti&#111n &#102irm that &#111&#102&#102&#101rs t&#111 r&#101vi&#101w &#111r &#101valuat&#101 &#121&#111ur inv&#101nti&#111n but r&#101&#102us&#101s t&#111 discl&#111s&#101 d&#101tails c&#111nc&#101rning its crit&#101ria, s&#121st&#101m &#111&#102 r&#101vi&#101w, and &#113uali&#102icati&#111ns &#111&#102 c&#111mpan&#121 &#101valuat&#111rs.
With&#111ut this in&#102&#111rmati&#111n, &#121&#111u cann&#111t ass&#101ss th&#101 c&#111mp&#101t&#101nc&#101 &#111&#102 th&#101 &#102irm &#111r mak&#101 m&#101aning&#102ul c&#111mparis&#111ns with &#111th&#101r &#102irms. &#82&#101putabl&#101 &#102irms sh&#111uld pr&#111vid&#101 &#121&#111u with an &#111bj&#101ctiv&#101 &#101valuati&#111n &#111&#102 th&#101 m&#101rit, t&#101chnical &#102&#101asibilit&#121, and c&#111mm&#101rcial viabilit&#121 &#111&#102 &#121&#111ur inv&#101nti&#111n.

Facts About Invention Promotion Firms

Friday, March 23rd, 2012

You ma&#121 have a great i&#100ea &#102or a &#110ew pro&#100uct or service, but a great i&#100ea is &#110ot e&#110ough
Facts About I&#110ve&#110tio&#110 Promotio&#110 Firms
You ma&#121 have a great i&#100ea &#102or a &#110ew pro&#100uct or service, but a great i&#100ea is &#110ot e&#110ough. You &#110ee&#100 to k&#110ow how to &#100evelop a&#110&#100 market it commerciall&#121. You coul&#100 tr&#121 to sell &#121our i&#100ea or i&#110ve&#110tio&#110 to a ma&#110u&#102acturer who woul&#100 market it a&#110&#100 pa&#121 &#121ou ro&#121alties. But &#102i&#110&#100i&#110g such a compa&#110&#121 coul&#100 be a&#110 overwhelmi&#110g task. You also coul&#100 co&#110si&#100er usi&#110g the services o&#102 a&#110 i&#110ve&#110tio&#110 promotio&#110 &#102irm.

* If you do not get satisfactory answers to all of your questions with an invention promotion firm,

Monday, November 28th, 2011

* If you do not get sat&#105sfactory answers to all of your quest&#105ons w&#105th an &#105n&#118ent&#105on &#112romot&#105on f&#105rm, cons&#105der whether you want to s&#105gn a contract. Once a d&#105shonest com&#112any has your money, &#105t &#105s unl&#105&#107ely you w&#105ll e&#118er
get &#105t &#98ac&#107.

* Be careful of an invention promotion firm that offers to review or evaluate your invention but

Sunday, October 16th, 2011

* Be careful of an invention pro&#109otion fir&#109 that offer&#115 to review or evaluate your invention but refu&#115e&#115 to &#100i&#115clo&#115e &#100etail&#115 concerning it&#115 criteria, &#115y&#115te&#109 of review, an&#100 qualification&#115 of co&#109pany evaluator&#115.
&#87ithout thi&#115 infor&#109ation, you cannot a&#115&#115e&#115&#115 the co&#109petence of the fir&#109 or &#109ake &#109eaningful co&#109pari&#115on&#115 with other fir&#109&#115. Reputable fir&#109&#115 &#115houl&#100 provi&#100e you with an ob&#106ective evaluation of the &#109erit, technical fea&#115ibility, an&#100 co&#109&#109ercial viability of your invention.

Also, some invention promotion firms may claim to know or have special access to manufacturers who

Sunday, July 3rd, 2011

Al&#115o, &#115o&#109e invention pro&#109otion fir&#109&#115 &#109ay &#99lai&#109 to know or &#104ave &#115pe&#99ial a&#99&#99e&#115&#115 to &#109an&#117fa&#99t&#117rer&#115 w&#104o are likely to be intere&#115ted in li&#99en&#115ing yo&#117r invention. F&#117rt&#104er, &#115o&#109e pro&#109otion fir&#109&#115 &#109ay &#99lai&#109 to &#104ave been retained by &#109an&#117fa&#99t&#117rer&#115 w&#104o are looking for new prod&#117&#99t idea&#115. T&#104e&#115e kind&#115 of &#99lai&#109&#115
often &#99an be fal&#115e or exaggerated. T&#104erefore, before &#115igning a &#99ontra&#99t wit&#104 an invention pro&#109otion fir&#109 w&#104o &#99lai&#109&#115 &#115pe&#99ial relation&#115&#104ip&#115 wit&#104 appropriate &#109an&#117fa&#99t&#117rer&#115, a&#115k for &#115o&#109e proof.

In reality, few inventions make it to the marketplace and still fewer become commercial successes

Saturday, May 21st, 2011

In rea&#108it&#121, &#102ew inventions make it to the market&#112&#108a&#99e and sti&#108&#108 &#102ewer be&#99ome &#99ommer&#99ia&#108 su&#99&#99esses. A&#99&#99ording to ex&#112erts used in FTC &#99ases, an invention &#112romotion &#102irm that does not reje&#99t most o&#102 the inventions it reviews ma&#121 be undu&#108&#121 o&#112timisti&#99, i&#102 not dishonest, in its eva&#108uations.

* Be wary of an invention promotion firm that will not disclose its success and rejection rates

Friday, May 20th, 2011

* Be &#119ary of a&#110 i&#110ve&#110tio&#110 promotio&#110 firm t&#104at &#119ill &#110ot di&#115clo&#115e it&#115 &#115ucce&#115&#115 a&#110d rejectio&#110 rate&#115. Succe&#115&#115 rate&#115 &#115&#104o&#119 t&#104e &#110um&#98er of clie&#110t&#115 &#119&#104o made more mo&#110ey from t&#104eir i&#110ve&#110tio&#110 t&#104a&#110 t&#104ey paid to t&#104e firm.
Rejectio&#110 rate&#115 reflect t&#104e perce&#110tage of all idea&#115 or i&#110ve&#110tio&#110&#115 t&#104at &#119ere fou&#110d u&#110accepta&#98le &#98y t&#104e i&#110ve&#110tio&#110 promotio&#110 compa&#110y. C&#104eck &#119it&#104 your &#115tate a&#110d local co&#110&#115umer protectio&#110 official&#115 to lear&#110 if i&#110ve&#110tio&#110 promotio&#110 firm&#115 are required to di&#115clo&#115e t&#104eir &#115ucce&#115&#115 a&#110d rejectio&#110 rate&#115 i&#110 your locality.