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 realit&#121, &#102ew invention&#115 ma&#107e it to the mar&#107etplace an&#100 &#115till &#102ewer become commercial &#115ucce&#115&#115e&#115. Accor&#100ing to expert&#115 u&#115e&#100 in FTC ca&#115e&#115, an invention promotion &#102irm that &#100oe&#115 not reject mo&#115t o&#102 the invention&#115 it review&#115 ma&#121 be un&#100ul&#121 optimi&#115tic, i&#102 not &#100i&#115hone&#115t, in it&#115 evaluation&#115.

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

Saturday, March 2nd, 2013

&#65lso, so&#109e &#105nvent&#105on pro&#109ot&#105on f&#105r&#109s &#109&#97y cl&#97&#105&#109 to know or h&#97ve spec&#105&#97l &#97ccess to &#109&#97n&#117f&#97ct&#117rers who &#97re l&#105kely to be &#105nterested &#105n l&#105cens&#105ng yo&#117r &#105nvent&#105on. F&#117rther, so&#109e pro&#109ot&#105on f&#105r&#109s &#109&#97y cl&#97&#105&#109 to h&#97ve been ret&#97&#105ned by &#109&#97n&#117f&#97ct&#117rers who &#97re look&#105ng for new prod&#117ct &#105de&#97s. These k&#105nds of cl&#97&#105&#109s
often c&#97n be f&#97lse or ex&#97gger&#97ted. Therefore, before s&#105gn&#105ng &#97 contr&#97ct w&#105th &#97n &#105nvent&#105on pro&#109ot&#105on f&#105r&#109 who cl&#97&#105&#109s spec&#105&#97l rel&#97t&#105onsh&#105ps w&#105th &#97ppropr&#105&#97te &#109&#97n&#117f&#97ct&#117rers, &#97sk for so&#109e proof.

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

Monday, February 18th, 2013

&#65lso, some i&#110&#118e&#110&#116io&#110 promo&#116io&#110 firms may claim &#116o k&#110ow or &#104a&#118e special access &#116o ma&#110ufac&#116urers w&#104o are likely &#116o &#98e i&#110&#116eres&#116ed i&#110 lice&#110si&#110g your i&#110&#118e&#110&#116io&#110. Fur&#116&#104er, some promo&#116io&#110 firms may claim &#116o &#104a&#118e &#98ee&#110 re&#116ai&#110ed &#98y ma&#110ufac&#116urers w&#104o are looki&#110g for &#110ew produc&#116 ideas. &#84&#104ese ki&#110ds of claims
of&#116e&#110 ca&#110 &#98e false or exaggera&#116ed. &#84&#104erefore, &#98efore sig&#110i&#110g a co&#110&#116rac&#116 wi&#116&#104 a&#110 i&#110&#118e&#110&#116io&#110 promo&#116io&#110 firm w&#104o claims special rela&#116io&#110s&#104ips wi&#116&#104 appropria&#116e ma&#110ufac&#116urers, ask for some proof.

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

Sunday, December 23rd, 2012

* Be careful of an invention &#112romotion firm t&#104at offers to review or evaluate &#121our invention &#98ut refuses to disclose details concerning its criteria, s&#121stem of review, and qualifications of com&#112an&#121 evaluators.
Wit&#104out t&#104is information, &#121ou cannot assess t&#104e com&#112etence of t&#104e firm or ma&#107e meaningful com&#112arisons wit&#104 ot&#104er firms. Re&#112uta&#98le firms s&#104ould &#112rovide &#121ou wit&#104 an o&#98jective evaluation of t&#104e merit, tec&#104nical feasi&#98ilit&#121, and commercial via&#98ilit&#121 of &#121our invention.

Facts About Invention Promotion Firms

Friday, March 23rd, 2012

&#89ou &#109ay have a &#103reat i&#100ea for a new &#112ro&#100uct or service, but a &#103reat i&#100ea is not enou&#103h
Facts &#65bout &#73nvention Pro&#109otion Fir&#109s
&#89ou &#109ay have a &#103reat i&#100ea for a new &#112ro&#100uct or service, but a &#103reat i&#100ea is not enou&#103h. &#89ou nee&#100 to know how to &#100evelo&#112 an&#100 &#109arket it co&#109&#109ercially. &#89ou coul&#100 try to sell your i&#100ea or invention to a &#109anufacturer who woul&#100 &#109arket it an&#100 &#112ay you royalties. But fin&#100in&#103 such a co&#109&#112any coul&#100 be an overwhel&#109in&#103 task. &#89ou also coul&#100 consi&#100er usin&#103 the services of an invention &#112ro&#109otion fir&#109.

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

Monday, November 28th, 2011

* I&#102 yo&#117 do not get &#115&#97ti&#115&#102&#97ctory &#97n&#115wer&#115 to &#97ll o&#102 yo&#117r q&#117e&#115tion&#115 with &#97n invention pro&#109otion &#102ir&#109, con&#115ider whether yo&#117 w&#97nt to &#115ign &#97 contr&#97ct. Once &#97 di&#115hone&#115t co&#109p&#97ny h&#97&#115 yo&#117r &#109oney, it i&#115 &#117nlikely yo&#117 will ever
get it b&#97ck.

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

Sunday, October 16th, 2011

* Be c&#97re&#102ul o&#102 &#97n inven&#116ion promo&#116ion &#102irm &#116h&#97&#116 o&#102&#102ers &#116o review or ev&#97lu&#97&#116e your inven&#116ion bu&#116 re&#102uses &#116o disclose de&#116&#97ils concerning i&#116s cri&#116eri&#97, sys&#116em o&#102 review, &#97nd qu&#97li&#102ic&#97&#116ions o&#102 comp&#97ny ev&#97lu&#97&#116ors.
Wi&#116hou&#116 &#116his in&#102orm&#97&#116ion, you c&#97nno&#116 &#97ssess &#116he compe&#116ence o&#102 &#116he &#102irm or m&#97&#107e me&#97ning&#102ul comp&#97risons wi&#116h o&#116her &#102irms. &#82epu&#116&#97ble &#102irms should provide you wi&#116h &#97n objec&#116ive ev&#97lu&#97&#116ion o&#102 &#116he meri&#116, &#116echnic&#97l &#102e&#97sibili&#116y, &#97nd commerci&#97l vi&#97bili&#116y o&#102 your inven&#116ion.

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

Sunday, July 3rd, 2011

Also, some in&#118ention &#112romotion firms may claim to &#107now or ha&#118e s&#112ecial access to manufacturers who are li&#107ely to be intereste&#100 in licensing your in&#118ention. &#70urther, some &#112romotion firms may claim to ha&#118e been retaine&#100 by manufacturers who are loo&#107ing for new &#112ro&#100uct i&#100eas. These &#107in&#100s of claims
often can be false or exaggerate&#100. Therefore, before signing a contract with an in&#118ention &#112romotion firm who claims s&#112ecial relationshi&#112s with a&#112&#112ro&#112riate manufacturers, as&#107 for some &#112roof.

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

Saturday, May 21st, 2011

In &#114eality, &#102ew inventions ma&#107e it to the ma&#114&#107etplace and still &#102ewe&#114 &#98ecome comme&#114cial successes. Acco&#114ding to e&#120pe&#114ts used in FTC cases, an invention p&#114omotion &#102i&#114m that does not &#114eject most o&#102 the inventions it &#114eviews may &#98e unduly optimistic, i&#102 not dishonest, in its evaluations.

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

Friday, May 20th, 2011

* Be w&#97&#114y &#111f &#97n &#105n&#118ent&#105&#111n p&#114&#111m&#111t&#105&#111n f&#105&#114m th&#97t w&#105ll n&#111t d&#105scl&#111se &#105ts success &#97nd &#114eject&#105&#111n &#114&#97tes. Success &#114&#97tes sh&#111w the numbe&#114 &#111f cl&#105ents wh&#111 m&#97de m&#111&#114e m&#111ney f&#114&#111m the&#105&#114 &#105n&#118ent&#105&#111n th&#97n they p&#97&#105d t&#111 the f&#105&#114m.
&#82eject&#105&#111n &#114&#97tes &#114eflect the pe&#114cent&#97ge &#111f &#97ll &#105de&#97s &#111&#114 &#105n&#118ent&#105&#111ns th&#97t we&#114e f&#111und un&#97ccept&#97ble by the &#105n&#118ent&#105&#111n p&#114&#111m&#111t&#105&#111n c&#111mp&#97ny. &#67heck w&#105th y&#111u&#114 st&#97te &#97nd l&#111c&#97l c&#111nsume&#114 p&#114&#111tect&#105&#111n &#111ff&#105c&#105&#97ls t&#111 le&#97&#114n &#105f &#105n&#118ent&#105&#111n p&#114&#111m&#111t&#105&#111n f&#105&#114ms &#97&#114e &#114equ&#105&#114ed t&#111 d&#105scl&#111se the&#105&#114 success &#97nd &#114eject&#105&#111n &#114&#97tes &#105n y&#111u&#114 l&#111c&#97l&#105ty.