Inventors almost always find that marketing their idea is much more difficult than creating it. Where do you start? Who do you sell to? Even if inventors know who they want to sell to, they rarely know how to get their foot in the door.
Marketing your product requires you to know the price structuring of different industries, what types of margins you will need, what type of distribution would be the most effective and profitable, and a myriad of other things.
We can prepare a market introduction plan for you, which will list a number of market introduction options including different industries, distributors, and stores you can market your product to. The plan will include a description of each option, the pricing structure, a suggested introduction strategy, important contacts within the company or industry, proposed letters to send to those contacts, key associations and trade shows you should attend, and magazines you should request.
This information will allow you to make a decision on which direction to take and the give you the necessary information to start contacting companies or distributors. Also, by attending the important association meetings and trade shows, you should be able to make contacts within whichever industry you want to pursue. The service costs $750. For a less detailed market introduction plan, we charge $250. Contact info@onestopinventionshop.net for more information or to request this service.
If you still have questions, we also provide consulting over the phone for $75/hour. Contact info@onestopinventionshop.net to set up an appointment.
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