Making Your Invention a Reality :- Step 1:- Create a prototype:- With your patent in the works, it is a good time to create a working model of your invention. Don’t worry about making it with expensive materials or going through an extensive process, just make a version of your invention yourself. You aren’t required to make your prototype out of the same materials as your invention would be mass-produced in, unless it is absolutely imperative to the creation of your product. If you can’t manage to make the prototype on your own, you can pay a company to make one for you. This can get pretty expensive though, so make sure that you always try doing it yourself first. Step 2:- Create a presentation:- With your patent and prototype in hand, you are on the road to success! The next step is making a presentation that completely covers the bases of your invention. You can use this to show to both potential manufacturers and buyers, although you may create slightly different versions of your presentation for each purpose. Make sure that your presentation is very professional, no matter what way you create it. You can make a powerpoint, video, or physical presentation-board to show. Use lots of useful information, diagrams, and images. Be sure to cover the specs of your product, uses, and long-term results or benefits. Although it is optional, you could opt to hire a graphic designer to put together a spectacular presentation for your invention. Making it as visually appealing as possible will encourage the interest of manufacturers and buyers alike. Be sure to have your speaking worked out for the presentation as well. It’s not enough to have great diagrams and images, you need to be good at public speaking. Don’t memorize notecards, but have an idea (with the aid of notes if necessary) of everything you want to say and answers to common questions that may be asked. Step 3:- Present your invention to a manufacturer:- Find local manufacturers that create products similar to yours and appeal to them to produce your invention for you. You may have to send them an introductory letter to begin with, explaining who you are and what you want from them. After you hear back from your letter (snail mail or email), get your presentation ready. You will probably have to go present your invention to them and explain what you want from their company. Make sure to leave them with a copy of your presentation and information so that they can review it even after you have left. Emphasize why and how your invention will not only help people, but make the manufacturer lots of money. They are business people like you, and want to know what they get on their end of the deal if they partner with you. Step 4:- Produce your invention:- Once you get a manufacturer on board with your invention, start mass-producing it! Although it will probably be best to start in small batches (your manufacturing company will talk to you about this), you can start creating your invention in the hundreds or thousands. Step 5 :- Advertise your invention:- You’ve gotten everything down; your patent, your prototype, a manufacturer, and finally your invention has been mass-produced. Find ways to advertise it to get the maximum selling potential. Meet with local business owners and store managers to discuss selling your product with them. You can show your presentation to explain why doing so is a great option for their business in addition to helping a local entrepreneur. Create advertisements for your invention. Invest the help of a local graphic designer to create pictures and videos that have people begging to buy your product! Find ways to show your advertisement in your area. Many newspapers, TV stations, and local radio stations are all able to advertise your product for a small fee. Spread the word among your friends and family. Getting the people you’re closest with onboard with your idea will help to get word of your invention out and about into new communities and populations. Hold local information sessions and booths and entrepreneurial conferences and business fairs. Look into the cost for having a booth to advertise your product at conventions near you... The End.
Posted on: Thu, 30 Jan 2014 11:30:00 +0000
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