How to Know Your Invention Concept is Good
  • Being in the invention idea business, I get a lot of questions, most asking, "is my concept good?" It's difficult to answer, especially when the concept is someone's personal project that they've nurtured for quite some time.

    So, how do you know if your concept is a good one? Do some analysis. I've usually been a fan of gathering data and bouncing my ideas off this information for validation, or to at least know how to turn my bad idea into a great one. A great place to start is exactly where you hope to end up -- the marketplace. But before you go there, ask your self a few questions.

    Ask: What type of product will my concept be? What segment of the market will want to buy this product? What purpose does it serve, and is their a large enough audience to justify it? If it solves a specific problem, do enough individuals have this problem to validate its existence on the market? Will it be used by old men, young ladies or by a teenager?

    Once you answer concerns like these, you are ready to analyze the market. Based on your responses, you should have a fairly good concept of what sorts of companies would carry a product like yours and what stores might sell it. Take a look at similar products. You might find that someone else currently sells your concept, which isn't necessarily bad. Believe of it as a springboard into a various invention concept. Does the product presently selling on the market lack something? Find it and try to make something much better.

    Collect all of this data with each other and attempt to much better formulate your invention idea. A well believed idea will make it easier to turn it into something with worth, simply because the difficult factor with ideas is that they are just that. It's very hard to evaluate an concept to know if it is great or not. To truly do that, you require to turn that concept into some thing, which is your invention or product. Now this has worth over just an concept. It can be tested in real life circumstances, you can interact with it and gather more data and even present it to a manufacturer or a corporation for possible licensing, often the end objective with most ideas. Keep in mind it's not an invention when it is just an idea. Anybody can have suggestions, even your concept. I know it may seem strange, but we humans frequently do think alike. But it is not an invention until you've created it. This takes time and work.

    Also, the primary benefit with thinking out your idea totally is to uncover the process of manufacturing it. It may be a great idea, but if its cost to manufacture far outweighs its worth on the marketplace, you'll have some difficulty discovering an interested party.

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