Only few of them do wonders to make the idea come to the life out of many people who come out with new ideas. The cause for this might be that they don’t know if their idea will do well in the market or maybe the difficulty in developing and also promoting the idea. This article is intended to guide you to make the process a lot clearer. This is an easy three step process that has 2 routes that can be taken at the end.
Step 1: Always ensure that the invention idea which you have is an original one. You could go online, get invention help and search if the idea that you have is an innovative. However, one of the best ways to confirm that the idea you have is unique, is by commissioning a worldwide patent search. This would cost you about a $1000. A consultation with an expert in the field of invention will also be included in the price.
Step 2: Guarantee that you protect your idea. You can do this by taking some advice from experts in the field of invention. They would provide you the best ways to protect your idea. You will have to probably patent your idea. There is no use going through the process and at last finding out that someone else as gotten there before you.
Step 3: You’d have to design and develop your invention design and make presentation boards so that you’ll be capable of presenting it to the interested parties. It could be a good idea if you might get a prototype produced to explain your invention idea. This will most often be expensive and is not really a must.
After this the inventor is left with two routes to choose from:
Route 1: You could sell your idea to someone else for them to take to the market.
Route 2: You could market the idea yourself.
Route 1 will turn out to be a lot inexpensive but you’ll get a very small percentage for every product the company sells. Usually the company will offer somewhere around 5% to 10% of cost price of the product. It totally varies on how much the firm will like your invention design.
Route 2 is a lot more costly when compared to route 1. Here you’ll have to manufacture and market the product yourself. You’ll get invention help of investors to help complete the product. This is just small outline of the steps in bringing your product to the market. It’s best to take the help of a professional invention company to take you through the process. Just search the internet and you will come up with a bunch of companies which are into this process.