Step 1 involves searching for manufacturers that might be interested in your invention. When locating manufacturers to send your marketing letter to, you should search for companies who already make products similar to your invention.
You should attempt to locate at least 20 to 100 manufacturers in the field of your invention. There are four places you can search for potential licensees:
You should have no problem locating 20 to 100 manufacturers with these resources -- for free! After locating 20 - 100 manufacturers that would potentially buy or license your patent rights, you should then rank the manufacturers into a list based upon which manufacturers you want to approach first.
You should also contact the companies and ask if there is a specific person or department you should mail you marketing letter to. The second step is to prepare your Marketing Letter.
LEGAL DISCLAIMER: This web site provides general information only, not legal advice. You should not act upon this information without independent legal counsel. You must read and agree to the Terms of Service before viewing this web site. The NIFC is not associated with any Federal or State government agency. If you have been harmed by an invention marketing company or patent attorney, you should immediately seek the legal assistance of a reputable attorney licensed in your state. Michael S. Neustel is licensed to practice law only in North Dakota and in the United States Patent & Trademark Office. Michael S. Neustel is the owner of Neustel Law Offices, LTD and Neustel Software, Inc. Statements made in this web site are merely opinions of the National Inventor Fraud Center, Inc. and should not be interpreted as factual. Neither Michael S. Neustel nor the NIFC market inventions, provide market analyses or provide marketability analyses for inventors. You are strongly encouraged to investigate any company or law firm you plan to work with and do not rely solely upon this web site when selecting a company to work with. Only you can determine if the companies listed on this web site are reputable or not.
Copyright 1998-2015 National Inventor Fraud Center, Inc. All Rights Reserved.