The second week of October proved to be an exceptionally busy week for InventionHome’s marketing & licensing department, which netted an incredible FOUR license agreements in one week! With the additional four agreements finalized, InventionHome marketing and licensing successes now stand at 117. 2010 is shaping up to be their highest performance licensing year on record with a 100% growth rate over 2009.
The four agreements mentioned include products called the Bead Bender, Lawnmower D’Light, Step Ramps and Cargo Sling. Each of the license agreements was born by the hard work and dedication of an independent inventor. Two of the licensed inventions fall into the automotive/vehicle category. They were both licensed to a company that focuses on motorsports products. The company hopes to see both products on the market by third quarter 2011. The third licensed product can best be described as a headlight for a lawnmower. A company with strong ties to Home Depot, Lowe’s, Sears, etc. licensed the product with hopes that their customers will embrace the clever device. Our fourth licensed product may be featured on a television infomercial coming soon! We can’t disclose too many details. Suffice it to say that the simple product will keep your car nice and tidy.
These four licenses exemplify the effectiveness of InventionHome’s marketing program. Granted, not every invention is going to succeed. But InventionHome has laid the framework to get invention details into the hands of key decision makers at thousands of companies. By developing streamlined processes both to share invention details, and also to assist companies with any interest inquiries, InventionHome has become a respected resources for companies seeking new products for license.
Call 1-866-844-6512 for information on licensing your invention for royalties!
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