How to Promot an Invention
Start writing a post
News

How to Promot an Invention

Create a marketing plan for your new invention that is exhaustive, profitable, and let customers know who you are and what your invention offers

108
How to Promot an
Invention

.

The inventor has to know the market, have the ability to demonstrate his invention and explain the value of the product. It is not difficult to promote an invention, but it is a process that takes time. Here we present some grateful tips to promote your invention.

Plan to promote an invention.

Define your customers it is important to know what your audience is. If you have invented new things for children like toys, your best customers will be children. But, equally you have to call the attention of the parents, who have the ability to use their money in the purchase of your product.

It establishes a fair price according to the market

Consider all the costs of producing the invention. This may include work and raw material. Keep in mind that the cost of producing your invention will fluctuate according to the increase or decrease in materials and work.

Evaluate your competition. Have an idea or an approximate figure of the costs that the market can handle. Evaluate your findings. You not only need to determine how much profit you can make for each sale, but also consider the price that consumers are willing to pay for a product like yours.

Put your invention in circulation

Attend as many conventions or fairs as you can. Make demonstrations with your invention, or place it in the hands of investors and distributors in national meetings of inventors.

Contact local newspapers

Ask the editors of the newspapers to publish a press release reviewing your new invention. Keep the editor up to date with the successes.

Develop your own website to promote your invention

Use the website as an online brochure. Emphasize which problem solves or what need your invention satisfies. Includes information that details the benefits of your invention. You could include a video with a demonstration that teaches consumers how to use your product. Put graphics and images of good quality on your website. Make sure they are professional and attractive. People will judge your invention for the quality of the website.

Promote your invention through social networks like Facebook and Twitter

Announce press releases, offer discounts for new customers and invent new marketing strategies that can become viral.

Connect with investors on the Internet

Publish your invention, a brief description and all the contact information you want along with your idea on websites of inventions.

Contact local radio stations

Get on the air as a special guest, or ask questions about advertising plans at your stations.

Consider working with a marketing company to help you with the licensing and advertising of your invention.

Do thorough research before choosing a marketing company. If you are presenting a completely new idea, before starting to publicize your product you may need to do more market research than someone with an invention for a booming field.

Be patient

Be patient, stay focused, and do not get frustrated. It may take a year or more before you see your invention in stores.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

62126
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less
a man and a woman sitting on the beach in front of the sunset

Whether you met your new love interest online, through mutual friends, or another way entirely, you'll definitely want to know what you're getting into. I mean, really, what's the point in entering a relationship with someone if you don't know whether or not you're compatible on a very basic level?

Consider these 21 questions to ask in the talking stage when getting to know that new guy or girl you just started talking to:

Keep Reading...Show less
Lifestyle

Challah vs. Easter Bread: A Delicious Dilemma

Is there really such a difference in Challah bread or Easter Bread?

40611
loaves of challah and easter bread stacked up aside each other, an abundance of food in baskets
StableDiffusion

Ever since I could remember, it was a treat to receive Easter Bread made by my grandmother. We would only have it once a year and the wait was excruciating. Now that my grandmother has gotten older, she has stopped baking a lot of her recipes that require a lot of hand usage--her traditional Italian baking means no machines. So for the past few years, I have missed enjoying my Easter Bread.

Keep Reading...Show less
Adulting

Unlocking Lake People's Secrets: 15 Must-Knows!

There's no other place you'd rather be in the summer.

961367
Group of joyful friends sitting in a boat
Haley Harvey

The people that spend their summers at the lake are a unique group of people.

Whether you grew up going to the lake, have only recently started going, or have only been once or twice, you know it takes a certain kind of person to be a lake person. To the long-time lake people, the lake holds a special place in your heart, no matter how dirty the water may look.

Keep Reading...Show less
Student Life

Top 10 Reasons My School Rocks!

Why I Chose a Small School Over a Big University.

207898
man in black long sleeve shirt and black pants walking on white concrete pathway

I was asked so many times why I wanted to go to a small school when a big university is so much better. Don't get me wrong, I'm sure a big university is great but I absolutely love going to a small school. I know that I miss out on big sporting events and having people actually know where it is. I can't even count how many times I've been asked where it is and I know they won't know so I just say "somewhere in the middle of Wisconsin." But, I get to know most people at my school and I know my professors very well. Not to mention, being able to walk to the other side of campus in 5 minutes at a casual walking pace. I am so happy I made the decision to go to school where I did. I love my school and these are just a few reasons why.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments