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Invention Solicitation Services

Just like authors search for publishers to handle their books, inventors look for manufacturer/distributors to license their inventions. 

This program supplies the creative individual with everything they need to get their product to the companies who are most likely to be interested in their invention.

If you’re an inventor with what you believe is a marketable item, we can provide you with everything you need to get your innovations to the proper market for royalty licensing
.

This is a legitimate service that we have been providing for over 25 years and although it’s not as glamorous as what you’ve seen advertised, it is a legitimate series of processes that have been proven to be the best and most authentic method for getting your ideas before the appropriate buying market.

In order for us to handle your needs, you will need to have one (1) working prototype of your invention, a description of its function and what makes it unique, and either supply us with digital photos of the invention or bring us the invention so that we can take photographs.

The process includes the following elements. We will:

  1. We will obtain an industry directory and/or database of potential licensees that we both mutually agree is the best fit as a manufacturer/marketing firm for your innovation.
  2. We will then research and refine this directory of material into a database of potential licensees that we both mutually agree is the best fit as a manufacturer/marketing firm for your innovation.
  3. We will write a cover letter with a disclaimer inserted; fully mail merged with the database addresses for your signature and mailing.
  4. We will create a two page product description, written in advertising format, describing the product(s) and the specifics that will make it attractive to the buyers or potential buyers. These will be complete and will include computer generated clip art and/or digital photos of the product
  5. We will create a complete set of matching #10 envelopes with the addresses of the potential licensees’ computer printed on the front along with your return address.
  6. You will have right of review allowing you to make any changes you feel necessary prior to the printing and mailing of the material.
  7. Upon completion of the mailing, as outlined above, Rounds, Miller & Associates will provide you, a complete list of all firms who were sent the offering, along with copies of any and all documentation that was sent to the firms.
  8. We will supply you with a complete follow up file with alphabetized mailing and follow up list, telephone follow up script and complete zip coded follow up listing of all firms solicited.

This project usually take approximately six (6) weeks to complete and the fees are $4,600.

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© 2020 Rounds, Miller and Associates

  • Home
  • Store
  • Speaking Services
    • Public Seminars
  • OSHA 10-30 Hour
    • OSHA Training Costs
  • Business and Consulting Services
    • Marketing Coaching Services
    • Invention Solicitation Services
    • Business Services
      • Marketing Services
      • Clutterology
      • Project Management Services
  • Book Shepherding and Editing Services
    • Book Formatting Questions
  • Publisher's Haven Link
  • Clutterology Link
  • About Us
    • Mike Rounds
      • Resume'
      • Video Demo Links
      • Photos
      • Mike's Fee Schedule
      • Contract
      • Pre-program Q & A
    • Nancy Miller
      • Resume'
      • Video Demo Links
      • Nancy's Fee Schedule
      • Photos
      • Contract
      • Pre-program Q & A
  • Calendar
  • Privacy Policy
  • Contact Info & Map
  • Resources
  • RELEASE FORMS
  • FREE Cooking for Kids Cookbook
  • Public Seminars