Sell Your Baby-Inspired Invention in 5 Easy Steps!
Sell Your Product
There are several ways you can go about selling the product. You can seek out manufacturers and create, market, and sell the product yourself, or you can license your product to a company who will then give you a portion of your product’s profits. For most new inventors, says Pitts, licensing makes more sense because of the huge costs incurred in marketing and manufacturing which can run into the tens of thousands of dollars. If you license your product, the manufacturer takes care of these costs.
Lougher adds that the most important thing you can do is educate yourself through local inventors groups and thorough research.
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