How To Sell Your Invention

How To Sell Your Invention

How To Sell Your Invention

Spencer Brown (Inventor And Founder) gives expert video advice on: How can I sell my invention?

How can I sell my invention?

Selling it depends on what phase of development you're in. If you have an idea, I've heard of people shopping ideas to corporations in a blueprint, but you're usually not going to fetch a high price. If you bring the product to market through the incubation to the deliverable (the for sale), you can generate a higher price. The three best ways to sell a product or invention is number one on the internet - you can, for under a few hundred dollars, set up a web portal and you can find a worldwide audience for your widget. People will click and then buy your product, it's an amazing dimension to inventing because you have an idea, make a little web page, you meta-tag it or keyword it and the next thing you know there's people that want to buy your product - that's a phenomenal way of selling your invention. The second way is actually selling it via distribution channels, so finding retailers to sell it. The third way is partnering with a distributor and the fourth way is getting royalties and the fifth way is selling it to an industry outright.