Tag Archives: new inventors

More than half of Kickstarter projects succeed!

Posted on June 19, 2012 by New Product Consulting

The key to having a successful Kickstarter project is having realistic goals and campaigning properly. Shorter Kickstarter campaigns tend to do better, with the average successful project lasting 38 days, compared to failed projects which averaged 43 days. Kickstarter is … Continue reading →

Posted in Inventing Tips, Opportunities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SkyMall and The Next Big Zing team up for a contest!

Posted on May 15, 2012 by New Product Consulting

SkyMall is viewed by almost 2 million travelers a day while sitting in their seats. The Next Big Zing seeks innovative products and features them on their site. Both companies have teamed up for an ongoing contest. Every selected inventor … Continue reading →

Posted in Inventing Tips, Opportunities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Shark Tank isn’t allergic to peanut butter with two college inventors making a deal!

Posted on May 14, 2012 by New Product Consulting

Shark Tank can be a gold mine for entrepreneurs and inventors who present various business ideas and inventions to the “Sharks.” Each presenter offers a stake of their company for an investment in hopes of landing a deal. In the … Continue reading →

Posted in Inventing Tips, New Products, Opportunities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Kevin Harrington to be the 2012 Keynote Speaker of the INPEX show in June

Posted on April 6, 2012 by New Product Consulting

Kevin Harrington, chairman of As Seen on TV, has been involved with over 500 product launches that resulted in sales of over $4 billion worldwide.  He has 20 products that reached individual sales of over $100 million. Recently, Kevin has … Continue reading →

Posted in Inventing Tips | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Voting begins today for WalMart’s Get on the Shelf contest, please vote for New Product Consulting client entry, “Private Moments”

Posted on March 7, 2012 by New Product Consulting

“Private Moments” by Linda A. officially starts today for the “Get On The Shelf” contest. Her product pertains to a shower curtain with biblical and spiritual quotes to motivate people in their daily life. Walmart has received 4,000 entries which … Continue reading →

Posted in Company Activites, New Products | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

First there was Shark Tank on ABC, now there is Top Engineer on Discovery Channel!

Posted on February 16, 2012 by New Product Consulting

Take “Shark Tank” and flip it upside down and see what falls out, that is what Discovery Channel’s new TV show “Top Engineer” is all about. Casting is going on now until March 7th, 2012 for all inventors, techies, machinists … Continue reading →

Posted in Inventing Tips, New Products | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The invention Chord Buddy becomes an instant hit on “Shark Tank”

Posted on February 14, 2012 by New Product Consulting

The economy can’t stop the Chord Buddy, an invention that hit it big overnight. Inventor Travis Perry‘s main goal was to create a device to teach his daughter how to play guitar. His next goal was to create more jobs … Continue reading →

Posted in Inventing Tips, New Products | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Only two weeks left for Walmart’s “Get on the Shelf” contest!

Posted on February 8, 2012 by New Product Consulting

Walmart, contest and free entry. Enough said. But, what do you win?…The Grand Prize winner will be provided with the opportunity to sell the product on Walmart.com and in Walmart physical stores and be introduced to Sponsor’s Walmart Stores’ merchandising … Continue reading →

Posted in Inventing Tips | Tagged , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Some of the most popular toys have been licensed inventions!

Posted on February 6, 2012 by New Product Consulting

Have you ever wondered who created those great games and toys that we have all come to love? You see the company names on the box but rarely, if ever, do you see the name of the person who created … Continue reading →

Posted in Inventing Tips | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

A Company wants to License your invention. What is a standard royalty rate?

Posted on November 30, 2011 by New Product Consulting

If a potential licensee is interested in your product idea, they will call back with further questions. It’s that simple. If and when they do, you should know what kind of royalty rate you want to negotiate. To calculate royalty … Continue reading →

Posted in Inventing Tips | Tagged , , , , , , , , , , , , , , , , , | Leave a comment