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September 12, 2008, Newsletter Issue #133: Tips for Creating a Basic Information Report (Part II)
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Tip of the Week
Include marketing and production projections in your new product idea's basic information report: 1. Point out primary potential markets, secondary consumers, etc., by using general U.S. Government statistics. 2. Provide estimates of manufacturing costs and suggest wholesale costs in conjunction with an estimated retail price. 3. Using general statistics, estimate the number and types of outlets where the new product idea could be distributed. 4. Obtain a preliminary patentability search and opinion.
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This weekly Invention Tips newsletter is brought to you by InventHelp, "The Invent Help People," America's leading inventor service firm. InventHelp can assist you in trying to submit your invention or new product idea to companies, as well as help you obtain affordable patent services. To request more information, visit www.inventhelp.com or call toll-free 1-800-INVENTION.
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