Invention Therapy will give you the training you need to sell your new inventions idea. We are not one of those invention submission scams or company looking to take money from you while playing on your dreams of becoming an inventor.
Our services are completely free by subscribing to our Youtube Channel, enrolling in our email updates and if you want, purchasing some of our tools and guides that will just make things a little easier for you. You do not have to buy anything from us because all the information you need will be on this website and on our Youtube Channel.
The first free step in our new inventions training is simple. Just subscribe to our Youtube channel!
Inventors Can Receive the training they need twenty four hours a day!
That is the great thing about the internet. You can learn as much as you want at any time of the day or night. All the training an inventor needs is at his fingertips on this this website, via Google or our Youtube Channel. With this training course you will be able to come up with invention ideas, prototype them and begin manufacturing and sell them online.
Your invention training begins with changing the way you think!
Does Your Invention Idea Have Market Potential?
Just because you may have a good idea for an invention, the next important questions to ask yourself is related to the potential marketplace for your product. There is no point in investing time and money into a prototype and final product if there isn’t a significant amount of money to be made from your idea.
- Is there a reasonable size market potential for sales of your invention idea?
- Although you may never have made a prototype or manufactured a product to sell, you still must do some simple research and determine if the product can be made at a reasonable cost.
- Once you have a very rough estimate of what the invention might cost to manufacture, it is important to know the potential selling price of the finished product. The sales price must be within a range that people would be willing pay but also one that is high enough to make you a reasonable profit.
Determining the sales price of a product is a complicated process but I have made this informative video that can help you at least do some rough calculations of the potential sales price. People don’t always agree with me on this one but I find that selling a product for two and a half times the cost to build it is a great price point to start. Watch this video and I will explain why I have always calculated my sales prices this way.