How to Invent a Product to Sell

How to Invent a Product to Sell

To invent, you need a good imagination and a pile of junk. ~ Thomas Edison

Here’s a step-by-step guide for transforming your idea into a real invention, which you can make, sell or patent.

Steps to Invent a Product to Sell

  1. Start by keeping a journal. Whenever you have an idea, jot it down and do a sketch (if applicable). Make observations about your environment and try to think of product that you could invent to make life easier. With the sketch, show as many angles as possible. The more detail, the better. This journal may help to prove that you are the original inventor, and it would show the transformation of your idea from an abstraction into a real and patentable invention. Always sign and date entries.
  2. Make notes of any ideas, and note them in your journal, regardless of how simple, how complex, how expensive or how difficult they may seem.
  3. Describe every component of that idea with as much detail possible. Include a sketch, clip pictures or summarize articles that closely describe each component.
  4. Elaborate on the functions, characteristics and other requirements of each component in greater detail. Here, your critical thinking skills begin improving as you analyze and compare features, prices or availability of each part. Your base information begins accumulating here.
  5. Use your notes to develop a prototype. A prototype is a working example of your invention. Its main purpose is to show how your invention works, but this is also a good time to consider how the ultimate product will be made. If you want to have the product manufactured on a large scale, for example, you will need to consider which parts, shapes and materials are the most compatible with a factory setting.
  6. Patent your invention. The process will vary depending on which country you live in. The sooner you do this, the better. It’s a good idea to hire a professional to help with your patent application. If you are not specific enough, someone else can patent a similar idea and make money off of it, and your product will never hit the shelves! A professional will help you close up any such loopholes.
  7. Make the product.There are a few ways to go about doing this:
    • Convince a company to buy the patent from you. Then they make the product and sell it. You’ll want royalties in this arrangement.
    • Contact factories and ask them how much they would charge to mass produce your product.
    • Make it yourself.
  8. Present your invention. There is no success in inventing something that never leaves your workshop. Get in contact with media and possible investors and show them your product and its benefits in the most impressive and expressive way.
  9. Find someone to advertise your invention. Now that you have made your invention and it is on the market, you can’t just let it sit on shelves. Advertise!

Reference: http://www.wikihow.com/Invent-a-Product

Learn More:

Patent Dilemma

Patent Dilemma • Knowledge at a minimal cost
• What to expect once the patent process is in motion
• Entities to utilize
• Learn the language & terms ( will help in choosing the right attorney or company to work with)
• Learn what took me thousands of dollars and years, not months, of my time
• Could save you thousands of dollars in poor choices and uninformed decisions.

Learn More

(1513) Page Views

Facebook Twitter Email