Invention Evaluation & Market Research
A little bit of homework will go a long way to saving you money and enhancing your invention's chances of success. Start with a simple google search for products that are similar to your idea. Look an Amazon and Alibaba. Then look for prior art patents at google/patents and espacenet. After taking those steps continue with the resources below:
Inventicator - Estimate the likelihood of your invention’s commercial success without disclosing proprietary and confidential information. Use results for non-confidential initial presentations to potential licensees and investors.
Money and Inventing - Invention City article - Methods and concepts for determining the potential value of an invention.
Invention City Survey - Learn the one question you must ask and how to ask it.
Brutally Honest Review - Invention City offers a unique service based on our decades of successes (and failures) in commercializing inventions through licensing deals and starting new businesses. While most invention companies seek to make their primary income from services, we focus on making money from successful licensing deals. This means that our incentives and goals closely match those of the inventors we work with.
Together with our partners we can help you at any stage of development with everything from patents and prototypes to creating Kickstarter campaigns, DRTV and product manufacturing. But regardless of the stage of your invention, we highly recommend that you begin your relationship with us with a Brutally Honest Review.
In a Brutally Honest Review we consider your invention with regard to alternative solutions, look for weaknesses in intellectual property, think about possible pitfalls in manufacturing, marketing and distribution and try to find other potential liabilities before considering the good stuff. We consider your invention as potential investors, because that is what we are.
If we say “yes” we’ll offer you a licensing deal where you will not be asked to risk another penny (you are free to decline our offer). We pay for all of the expenses we think necessary to try and commercialize your invention idea. Those expenses can include patents, prototypes, travel to trade shows, videos and more. There’s no guarantee we’ll succeed, but you can relax knowing that we’ll be spending our time and money rather than yours. The one time fee to review and consider your invention is $95.
Please don’t submit your invention idea in the expectation of getting a yes. The reason to submit your invention is to get honest feedback that will help you move forward like a professional, with knowledge that may help you improve your invention idea and will always help you spend your money wisely. We will also give you advice on alternative ways of going forward without us that may include, companies to contact for licensing yourself, service providers for patents and prototypes, Kickstarter outline and more.
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