A good thing to perform is start reading! There are numerous books out there that can help the solo inventor establish a road map of idea to creation. I actually picked up a book today titled “Hardcore Inventing” by Ellie Crowe.
Acquiring a trustworthy patent attorney may be beneficial but make sure your product or service is feasible before spending money on How Do You Get A Patent. Final patents may cost from $7 – 10K. Utilizing the USPTO site is a simple way to look for prior art which could affect your patent. You can write the actual patent application with the aid of site LegalZoom but I would let it rest to your patent attorney to accomplish the specific claims. This is an essential portion of the application. I might try to find a patent attorney that charges no more than $250/hour.
Are you aware that QVC presents 1150 products a week and approximately 286 seem to be completely new with their viewing audience? Because of this for those who have a whole new product or invention, they might be trying to find you right now. Could you imagine the amount of products they need to see to discover 286 that are worthy to be on-air? In the event you take into consideration that only 1 in 11 infomercials is successful and assume the same percentage for any shopping channel like QVC, they would have to see 3146 products so that you can choose 286. This implies these are actively looking for great products and inventions.
Did you know that Most Successful Companies work with an Agent to have on QVC? Joan Rivers, Donald Trump, Paula Abdul, Tony Robbins, Ron Popeil – every one of them use agents to obtain on QVC. Not because they’re too large, but because they know that the relationships agents have to QVC buyers are definitely the key to success. It is estimated that 70% in the jobs people get are normally found through someone they are fully aware, why should networking your way into selling on QVC be any different. Why reinvent the wheel? In the event the big guys are employing Inventhelp Commercial to open up the entrance to them and secure a purchase order for products or inventions why shouldn’t you?
QVC will be the largest Home Shopping Channel on earth reaching over 165 million viewers worldwide. Using this much possibility of your products or services at risk, it is possible to bet competition to have on QVC is fierce. Nick Romer, bestselling author of “Make Millions Selling On QVC,” states that it’s harder to get on QVC than it is to obtain in a movie with Al Pacino or Robert DeNiro and knowing someone using the right connections could drastically speed your path to marketing towards the masses.”
The reason why a lot of companies come to QVC with their products is since it is an important part of their marketing campaigns. They normally use QVC to kick-off their product simply because they could make money by selling their product, and The airtime is provided for free. So, selling your product or service on QVC is like possessing a commercial on national television but without the expense of having to fund it
Obtain an agent which includes experience that will help you. Start with contacting the local chapter of S.C.O.R.E. to see if anyone there has connections to some QVC Agent or Rep. You can also exhibit at invention caorxr and industry tradeshows. They often times attract QVC buyers and agents and you could obtain a listing of attendees from your sponsor of the tradeshow to see if any agents through the shopping channels are usually in attendance.
Another good resource to find potential manufacturers online is ThomasNet. If you plan on licensing from the product then you might like to contact local manufacturers which make products similar to yours. Ensure you make use of a NDA (non-disclosure agreement) on anything you do. You can get among those for about $15 at LegalZoom.
In terms of funding… If this is the first go around chances are Inventions will have to come out of your wallet. When you can have an angel investor to really believe in your idea then figure out a royalties plan with them but be sure you put a cap on it. A standard site you can search for angel investors on networking site GoBigNetwork, funding groups on LinkedIn, and tech startup site Vator.tv.