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What is our competitive advantage?
We offer several significant advantages over other invention
and product development companies that you should consider
before moving forward with your invention.
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Marketing/Licensing Costs - We market
and license your inventions on a contingency basis, which
means we don't make money unless we make money for you.
We ask for 20% of royalties if we're successful.
However, most other invention companies charge thousands
of dollars up front for marketing or licensing your inventions
($10,000 to $20,000) plus 20% to 40% if they are successful.
Typically, the lower the percentage they charge, the higher
the up front cost.
Note: In our experience, we have found that companies
that do not disclose costs on their website are hiding
high prices. The only costs with our company are for
tangible services of protecting and developing your
idea.
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| 2. |
Marketing/Licensing Approach - We
utilize state-of-the-art technology to first bring your
invention to life and second to find a buyer willing to
pay you a royalty for your invention. By utilizing our
invention portfolio websites, we are able to quickly and
easily reach hundreds of buyers through electronic mail
and hotlinks. Our marketing database of companies consists
of over 150,000 and growing.
Additionally, with our online invention tradeshow called
the iShowOnline, we are able to provide companies with
24 hour a day, 7 days a week access to our inventions.
We are building the iShowOnline to become the premier
exchange for companies looking to license new product
ideas. This is a powerful and awesome way to market your
invention.
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What is marketing/licensing?
Our invention marketing & licensing process consists of
locating companies who are interested in reviewing, evaluating
and licensing new inventions in exchange for ongoing royalties
and/or upfront payment. From there we provide them with an
ongoing and continuous stream of fresh ideas to review. The
licensing stage begins when a company expresses interest in
obtaining rights to manufacture and/or sell an invention from
our client.
How many companies can you reach?
We have developed thousands of relationships with manufacturers
looking for new inventions available for license and we are working
to add more every day.
Our strategy for licensing inventions is built on the idea of creating a
simple and streamlined approach for helping manufacturers to
receive and review new inventions. We believe that creating value
for manufacturers looking for innovation creates opportunities for
building a vast network of relationships for the benefit of all our inventors.
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