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Selling My Utility Patent

Patents & Trademarks Discussion Forum

Selling My Utility Patent

Postby Myron » Thu May 22, 2014 2:24 pm

I have utility patent I would like to try and sell, its a fertilizer injection unit--- simply attach on water line pour in miracle gro--- fish oil fertil;izers and turn water on--- cost little to make 500% mark up--- saves homeowners that use lawn care providing services 90% of cost--- EX< scotts company charges 50.00 bucks 2000 sq foot lawn--- 2000 sq foot of miracle grow cost 3.66 cents thats per month savings, units pay for themselves 2-3 time owners use them, their are others simalar to mine on market selling for 100-250 dollars--- tawian could sell them to me for 17.50 plus landing cost--- mine are faster than any other kind, conserve water better and fertilize WAY WAY more correctly.
Myron
 
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Joined: Tue Jan 07, 2014 11:16 pm
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Selling My Utility Patent

Postby Berk » Wed May 28, 2014 2:03 am

Hi Mariano....Thanks for the question.  Have you tried to sell you IP to a company in the marketplace like Scott?  Do you have this product developed and manufactured already? Do you have some market share up to date with this product?  The above questions are key to me giving you some direction.  In the marketplace as is, companies like Scott want to see a product that has done something in the market....sales numbers that may be low, but show some sign that this can be scaled up.  On the other hand it you may be able to approach some of these companies and the timing may be right and the IP may be enticing enough that they will jump at the opportunity.  There just isn't one way of approaching these types of deals.  If you could answer the above questions, I'd be happy to direct you one way or another. Cheers,

Justin
Berk
 
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Joined: Sun Apr 13, 2014 7:56 am
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