How to promote an invention | The Odyssey Online
Start writing a post
Arts Entertainment

How to promote 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

245
How to promote 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 a 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.
Featured

12 Midnight NYE: Fun Ideas!

This isn't just for the single Pringles out there either, folks

14457
Friends celebrating the New Years!
StableDiffusion

When the clock strikes twelve midnight on New Year's Eve, do you ever find yourself lost regarding what to do during that big moment? It's a very important moment. It is the first moment of the New Year, doesn't it seem like you should be doing something grand, something meaningful, something spontaneous? Sure, many decide to spend the moment on the lips of another, but what good is that? Take a look at these other suggestions on how to ring in the New Year that are much more spectacular and exciting than a simple little kiss.

Keep Reading...Show less
piano
Digital Trends

I am very serious about the Christmas season. It's one of my favorite things, and I love it all from gift-giving to baking to the decorations, but I especially love Christmas music. Here are 11 songs you should consider adding to your Christmas playlists.

Keep Reading...Show less
campus
CampusExplorer

New year, new semester, not the same old thing. This semester will be a semester to redeem all the mistakes made in the previous five months.

1. I will wake up (sorta) on time for class.

Let's face it, last semester you woke up with enough time to brush your teeth and get to class and even then you were about 10 minutes late and rollin' in with some pretty unfortunate bed head. This semester we will set our alarms, wake up with time to get ready, and get to class on time!

Keep Reading...Show less
Student Life

The 5 Painfully True Stages Of Camping Out At The Library

For those long nights that turn into mornings when the struggle is real.

2877
woman reading a book while sitting on black leather 3-seat couch
Photo by Seven Shooter on Unsplash

And so it begins.

1. Walk in motivated and ready to rock

Camping out at the library is not for the faint of heart. You need to go in as a warrior. You usually have brought supplies (laptop, chargers, and textbooks) and sustenance (water, snacks, and blanket/sweatpants) since the battle will be for an undetermined length of time. Perhaps it is one assignment or perhaps it's four. You are motivated and prepared; you don’t doubt the assignment(s) will take time, but you know it couldn’t be that long.

Keep Reading...Show less
Student Life

The 14 Stages Of The Last Week Of Class

You need sleep, but also have 13 things due in the span of 4 days.

1730
black marker on notebook

December... it's full of finals, due dates, Mariah Carey, and the holidays. It's the worst time of the year, but the best because after finals, you get to not think about classes for a month and catch up on all the sleep you lost throughout the semester. But what's worse than finals week is the last week of classes, when all the due dates you've put off can no longer be put off anymore.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments