Call Today 888-401-3314

Why invention promotion companies can be misleading

Many inventors have seen advertisements for a quick-and-easy way to patent and bring their invention to the market.

These invention firms advertise as a cheap way to get your ideas from the drawing board to store shelves in an instant. Unfortunately, their offer is typically too good to be true. Here are a few warning signs to watch for when considering an invention promotion company:

The number of accepted patent proposals

Good ideas are rare. Patentable ideas that may make money are even rarer. A company that brags about their high patent acceptance rate warrants skepticism.

A company will sometimes accept any idea and charge for marketing and production. A higher acceptance rate is usually a cause for concern.

A “money-back” guarantee

One way these companies get inventors to part with their money is to offer “money-back” guarantees. They may tell you they will have a certain number of your product sent to store shelves by the end of the year. Or they'll claim your product will make so much money or else you get a refund.

The fact is nobody can predict how a product will do in the wild. These promises are often laden with fine print that makes a refund difficult to collect.

Manufacturer connections

Sometimes a company will offer you an “introductory” rate of production or a volume-based production cost, but only if you act quickly. A company can claim to have a special relationship with a manufacturer or access to new technology.

Sadly, these deals are often too good to be true. Many times, these companies are willing to eat a higher cost of production to keep you paying for marketing and handling of your product. Be wary of time-based or incentive-based manufacturing promotions from these companies.

Keeping control

Inventors need to understand the dangers of trusting these do-it-all companies with a valuable product. Mismanagement can result in lost sales or even lost patents.

When considering whether an offer is legitimate, a skilled copyright attorney can be a valuable resource.

No Comments

Leave a comment
Comment Information

Call 888-401-3314 Or Use Our Contact Form

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Invoice or Docket Number.

PLEASE NOTE: To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us via telephone, email or through video conferencing. Please contact our office to discuss your options.