Getting Started With a New Invention Idea: Before you get started on your invention, it’s important to look for inspiration and similar products. For example, the inventor of the KwickScreen needed to be able to fold a screen back into itself, and he found inspiration in rolled curtains and roller banners. Then he turned around to create a foldable screen that is useful in hospitals. After researching similar products, he realized that he could incorporate that idea into a foldable screen.
Creating a sell sheet
Creating a sell sheet for a product or service that is completely new to the market is an excellent way to get your message out there. These documents are usually quite brief, but they contain standard information that will be helpful for many departments. They also serve as excellent common reference sheets for meetings. Here are some tips to get your sell sheet up and running:
First, choose the format for your sell sheet. It used to be photocopies, but now it’s more likely that a sell sheet is a website dedicated to your invention idea. Using one page is less expensive, and you can add pictures or illustrations to it. Be sure to include contact information and a link to your website. The sell sheet is a great way to market your invention, so make sure you include it on your website.
Conducting a patent search
The process of conducting a patent search when starting with a product idea involves searching the various databases for a specific product or idea. Many patents are listed on the packaging of a product or other non-patent literature. You may also be able to find information on a product’s patents in industry reports. Performing a patent search is an excellent way to determine whether your invention is new and innovative, or similar to other products.
The first step in conducting a patent search is to conduct an internet keyword search. To conduct an internet search, simply enter keywords and phrases that describe your invention into a search engine. Not all search engines are created equal, so choose an open non-tracking search engine, such as DuckDuckGo, instead of Google. The open internet is much easier to use, and you’re likely to come up with additional keywords and search phrases that are related to your invention.
Creating a prototype
Creating a prototype is essential for testing your invention idea. A working prototype is a great way to market, pre-sell, and raise funds. It also helps you iron out kinks before putting your product on the market. Because of this, it is important to build a high-quality prototype to reduce the number of changes the manufacturer will need to make. This will save both time and money.
It is important to note that a crude prototype does not need to be a functioning model. The idea is to make a model that helps you think deeply about your invention. You do not have to create a beautiful model – it is only meant to help you think about it more deeply. Even if it is a crude prototype, it should be close to a real working prototype. It does not need to be expensive or even beautiful to be effective.
Choosing a business name
If you are considering launching a business to sell your new invention idea, you may have several options. First, you can use a rhyming dictionary to come up with an interesting and catchy name. However, you need to be careful while selecting a rhyming dictionary. Choosing a catchy name can be difficult, especially if you don’t have any idea what to call your new business. You can use a tool like Naminum to generate dozens of appended words from a single word.
The next step is to find a suitable domain name for your new business. Having a domain name is vital, as it will become your business’ online address. If you don’t want to create confusion with consumers, make sure that the domain name isn’t similar to an existing brand. This will save you from having to change your domain name in case the trademarked name is already taken.
Finding a competitor
If you think you have an invention that could be a good fit for a consumer market, finding a competitor with a new invention idea is an important step in product development. Patents are a significant roadblock for new products and services. To avoid being held back by patents, you should perform a patent search on your invention idea. After conducting your search, make note of the names of potential competitors. If you find that your idea has not been patented, consider developing your product instead.
Getting Started With a New Invention Idea: Once you have narrowed down your list of competitors, you can move forward with the development of your product. It is important to remember that a competitor can have several products with similar features. Depending on how much competition you find, you may be able to offer a product that is better than the competition. It is also important to remember the type of customers that your competitors cater to. This can help you develop a better product that will appeal to your customers.