Re: OT: How to sell ideas(again)

Frank Raffaeli wrote:
On Oct 12, 1:31 pm, "Jon Slaughter" <Jon_Slaugh...@xxxxxxxxxxx> wrote:

I have *another* "make-ah-million" idea that I'd like to "sell.

This idea isn't electronics and actually is very simple but seems no one has
thought about it(although there is a similar product that has a similar idea
so there might be a possible issue here but I doubt it because there are
some major differences).

In any case this idea can surely make millions quite easily because of the
market... and in this case I know there is a market. (although I guess with
the current economic issues it is smaller).

The problem if that for me to do it is much more trouble since I have to by
a product from some guys and I cannot make much money off it becaus they
already over-inflate the price. And chances are someone else will steal the
idea anyways once they see it.

The companies who make the product I use can easily modify their product
with virtually no trouble and reap the benefits. (actually there are
several companies that might want this idea)

I'm not sure if it's patentable(although it seems like anything goes at the
patent office).

I'd rather not start a business to do such a thing because I'd rather be
doing other things(And I'm not a business person). The companies that make
the product already have the infrastructure without virtually any
modification.

(over a million(probably like 10M world wide) of these products are sold
each year from a few hundred to a few thousand dollars each)

I know several of you said that you can't approach these companies(it's not
worth it or you can't trust them) but surely there is some way to make a
profit off a good idea?


Sounds great ... have you considered running for a political office?
I suggest the following:
Buy a number of the items at the lowest inflated price; use a bulk price breakpoint.
Modify them, rebrand them and do a test market.
You might not make a lot of money this way, but you get the business started and get a *real* feel for the market, which is extremely valuable.
At the next go-around, you may have to work at the inflated price bit a larger quantity breakpoint, which will help some.
Depending on the initial response, a lowering of the sales price might be in order to (1) be more competitive with the cometition, and (2) get larger sales volume per month.
On the basis of volume now, contact the manufacturer for a wholesale deal; they should listen if the quantity is right.
Initially, have some *other* company make the changes.
Reduce sales price again (some).
Meanwhile, file the preliminary patent notification (whatever it is called) because that is cheap and covers you for a year.
Now that you are rolling with good volume, negotiate with the manufacturer for a different product (ie: *your* product) in order to cut out the expense of modification.
Or have some different company NOT in that particular business to make them.
.

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