Advertising Your New Invention
Idea
Advertising is a type of communication that commonly attempts to persuade potential customers to purchase more of a particular brands product or service. Many advertisements are designed to generate increased consumption of those products and services by creating and reinforcing of brand image and brand loyalty. Advertising sometimes has a persuasive message combined with factual information. Major mediums used to deliver these messages include television, radio, cinema, magazines, newspapers, video games, the Internet and billboards. Advertising is often placed by advertising agencies on behalf of a companies or other organizations.
Advertising is seen on the seats of shopping carts, on the walls of an airport walkway, on the sides of buses, in telephone messages and in-store public address systems. Advertising is often placed where audiences can easily and frequently access visual, audio and printed information. Some organizations spend large sums of money on advertising that sells what is not, strictly speaking, a product or service include political parties, interest groups, religious organizations, and military recruiters. Non-profit organizations are not typical advertising clients, and may rely on free modes of persuasion, such as public service announcements.
Interest in obtaining a License for your New Invention?
The purpose of a license is to grant another individual, company or corporation the right to use your intellectual property for a specific amount of time and for a specific purpose. The specifics are outlined in the terms of the agreement.
A licensor may grant license under "intellectual property" to do something (such as copy software or use a patented invention) without fear of a claim of intellectual property infringement brought by the licensor.
A license under intellectual property usually has several parts including a term, territory, renewal, as well as other limitations deemed vital to the licensor and licensee.
Many licenses are valid for a particular length of time protecting the licensor should the value of the license increase, or market conditions change.
About: Selling Ownership of Your New Invention
The purpose of a selling your invention or the rights to your "intellectual property" is usually for financial gain. The specifics are outlined in the terms of the agreement.
Get know all important Product Royalties
Royalties are payments made by one party (the "licensee") to another (the "licensor") for ongoing usage of an asset, usually an intellectual property (IP) right. The royalty for a given case is determined by many factors including: market drivers and demand structure, territorial of rights, exclusivity of rights, inherent risk, strategic need, fundability, deal structure, level of innovation, stage of development, sustainability of the product, and availability of similar technologies.
Navigating through the royalty terms is important. You commonly have both an advance royalty, which is a flat fee paid upfront, and ongoing royalties, which are paid as a percentage of every sale you make. The advance royalty is basically a guarantee that the licensor will get some money even if your product does not sell. Then, if and when your product sells, the licensor will get a percentage of the sale on average, about 5 percent of the wholesale price of each product sold.
The licensor usually decides what the royalties will be, and those rates are pretty firmly set. So make sure you understand what they are and that they are spelled out in your licensing agreement to avoid any surprises later. In fact, that agreement is crucial in determining not only what the licensor receives, but also what rights you get.
Keep a low cost factor - to Develop Your New Product?
Manufacturers follow a complicated and costly product development process called product lifecycle management (PLM). This approach encompasses the complete lifecycle from concept design through manufacturing and disposal of a product. The typical cost for product development starts at around $100,000 for simple concepts and rises dramatically for more complicated concepts.
Confidentiality Guaranteed!
Fill out our Non Disclosure Agreement and fax it to the number inside and our CEO will personally sign your Guarantee to Confidentiality.
What do I do
with my
presentation?
If you are an
inventor
interested in
having your
design reviewed
by any of our US
distributors
then simply
go to the
product
submission
center and send
your
digital
presentation
directly to
pre-selected
product
distributors.
Your designs
will be reviewed
confidentially
for licensing.
It's that easy!
Read again:
Steps in detail
1. create an
account
First, start an
account by
entering your
personal
information. You
will then have
direct access to
your own
product
dashboard
where you can
start
new projects,
communicate with
project
managers
and
upload
files.
2. initial
design & payment
Once you have
created an
account simply
log in to your
dashboard,
upload your
initial
design
composition
in
jpeg,
bmp,
png,
tiff
or
gif
file
formats and
submit. You will
receive an email
within 24 hours
detailing your
price level
(1-5) and
payment options.
When you're
ready to begin
simply make your
initial payment
and the
development
clock
begins.
3. initial
composition &
next payment
You will receive
your first
design
composition
within 24 hours
of
initial payment.
When you are
satisfied with
your
initial design
you can make
your
final payment
and the
development
process
continues.
4.
revisions
You
can
revise
your
compositions
directly
on
your
3d
pdf
file
and
saving
it
directly
to
your
dashboard.
You
will
continue
to
receive
your
revised
compositions
every
24
hours
(after
revising)
until
you
have
finalized
your
design
composition
or
your
revision
allotment
runs
out
(whichever
occurs
first).
5.
finalization
Immediately
after
finalization,
the
interactive
revision
process
is
closed.
Our
developers
immediately
begin
production
of
your
complete
graphics
package
which
will
be
available
for
download
in
24
hours.
6.
your
package
You're
full
package
will
arrive
within
3-4
days
of
finalization
with
your
graphics
package
on
cd
and
your
prototype.
7.
presentation
You
can
now
begin
creating
your
exciting
Digital
Presentation.
Start
by
uploading
your
3d
graphics
to
your
presentation
via
the
dashboard.
Then
use
our
marketing
guides
to
add
marketing
details
to
capture
the
essence
of
your
design
concept.
8.
submission
Lastly,
with
one
click
send
your
digital
presentation
directly
to
product
manufacturers
worldwide
via
our
electronic
submission
process.
Give
your
design
product
the
chance
to
succeed!
Have any Questions ?
Can't find the answers ?
Don't worry about it . . .
Call us for help at
877- 897- 8804 |
