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Patents By Don Debelak

Low costs patent fees include USPTO fees and drawings

10 Steps to Bring a Product to Market

10 Steps to Bring a Product to Market

Everybody has product ideas, in fact some people have dozens, but yet only a small percentage of ideas ever get started.

The problem – the task of introducing a product seems overwhelming and far too expensive to most people. They don’t know where to start or what to do and so they don’t do anything.

Our 10 Steps to Bring a Product to Market has two principles: each step should be as simple as possible and each step should require as small an investment as possible. We take this concept one step further by making sure that the first few steps call for only a minor investment until the inventor can feel confident the idea is worth moving with.

We know the introduction process is intimidating but the fact is small inventors succeed all the time. We don’t want you to pass on a million dollar idea but at the same time we don’t want you to waste your money on an idea that can’t succeed.

 

{Don Debelak’s new book, Turning Your Invention into Cash is now available on Amazon for $3.49. Go to Amazon.com and enter inventions Don Debelak to purchase. From the author of Entrepreneur Magazine’s Bringing Your Product to Market.}

 

Our 10 steps will help you meet these goals.

If at any point you want or need assistance, contact us at info@onestopinventionshop.net.

Step 1: Idea Conception and Evaluation

Step 2: Determine Your Target Market

Step 3: Do Meaningful Market Research

Step 4: Make a Looks-Like, Acts-Like Prototype

Step 5: Intellectual Property Protection

Step 6: Choose your Business Model

Outsource Entrepreneur Model

Step 7: Find Potential Partners

Step 8: Set Up A Proposed Deal Structure

Step 9: Approach Potential Partners

Step 10: Close the Deal

Licensing

Step 7: Find Licensing Candidates

Step 8: Prepare a Preliminary Licensing Proposal

Step 9: Prepare a Licensing Presentation

Step 10: Approach Your Candidates and Sign the Deal

Starting Your Own Company

Step 7: Create a Business Plan and Market Introduction Plan

Step 8: Create a Logo, Sales Materials and Packaging

Step 9: Manufacturing

Step 10: Find Sales Agents/Distribution and Start Selling!

Turn Your Invention Into Cash

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