Unlock Your Invention Potential: 5 Companies Ready to Buy Ideas
Written on
Chapter 1: Introduction to Selling Invention Ideas
Have you ever had a brilliant idea for an invention but didn’t know how to take it to market? You're not alone. Fortunately, there are companies that can help you sell your invention concept and turn it into a reality.
If you're curious about how to make the most of your ideas, continue reading to explore five companies that purchase invention ideas or offer assistance in selling them.
Section 1.1: Companies That Buy Invention Ideas
- Mattel: A Great Starting Point
The "My Mattel Ideas" portal invites individuals to submit their innovative concepts to Mattel, a leading toy and baby gear manufacturer. Applicants must be at least 18, but submissions can be made on behalf of minors by a parent or guardian. The evaluation process generally takes 4 to 6 weeks. To submit an idea, users need to provide their birthdate, consent to the My Mattel Ideas Submission Agreement, and complete a Submission Form.
- Willow Wood: Innovating for Medical Professionals
Established in 1907, Willow Wood is dedicated to enhancing the quality of life for patients through innovative prosthetic solutions. They focus on customer care and maintain ISO 13485:2016 certification for their Quality Management System. Their community involvement includes disaster relief and pro bono assistance for clinicians. Recognized as a top employer in Central Ohio, Willow Wood offers excellent benefits and personal development opportunities.
- Idea Buyer: Your Referral Partner
Idea Buyer specializes in connecting entrepreneurs with resources to turn ideas into marketable products or technologies. Their process begins with understanding the inventor's goals and readiness. They conduct market research, handle patent applications, and assist with branding and marketing strategies. With a robust network of retail buyers, they help promote and sell fully-developed products, offering ongoing marketing support.
- Knight & Hale: Focused on Hunting Innovations
Knight & Hale is actively searching for creative products tailored for hunters. They are enthusiastic about collaborating to transform your innovative ideas into market-ready solutions. Their commitment to enhancing hunting experiences through cutting-edge products makes them an ideal partner for your invention.
- Sharper Image: The Home of Innovative Products
Sharper Image is continuously seeking unique and groundbreaking products. If you have an innovative idea that could appeal to a wide audience, their PRODUCT IDEAS initiative might be a perfect match. Interested inventors can email a detailed description, images, and relevant information, and will receive a response from their merchandising team within 14 days.
Video Title: Companies That Will Buy Your Invention Ideas
This video provides insights into various companies willing to purchase your invention ideas. Learn how to approach them and what to prepare for your submissions.
Section 1.2: Next Steps for Aspiring Inventors
If you're interested in any of the companies mentioned above, check out their websites for more information.
Chapter 2: Moving Forward with Your Invention
If you decide to pursue selling your invention idea, I wish you all the best. While there are numerous avenues available for pitching your concept, starting with the companies outlined above could be beneficial. You never know—one of them might be the key to bringing your idea to life!
Video Title: EASY way to make MONEY from your IDEAS!
This video offers practical tips on how to monetize your inventive ideas. Discover straightforward methods to turn your creativity into cash.