|
Our Process
Analysis & Evaluation
Our process begins with a thorough analysis of your new product idea to determine its degree of commercial viability. With inventions geared toward licensing to traditional manufacturing, we measure commercial viability by scoring the invention using our exclusive ScoreFinder Invention Evaluator™.
On the other hand, inventions that appear well-suited for DRTV (direct-response television) marketing, we will measure the qualities of your product idea against our eight specialized DRTV "success criteria". In order for us to work with an invention in our No-Fee Product Licensing Program, it must meet all or most of these eight criteria.
Agent Representation
In the event your innovation qualifies for our traditional corporate licensing program or DRTV marketing program, you will have the option to hire us as your exclusive licensing agent—at no charge to you—typically for a period of 6 months only. Depending on your invention, its current stage of development, and the degree of servicing on our part, your percentage share of gross royalties or profit sharing will be from 60-75%, and ours will run from 25-40%.
Research, Presentation Materials & Licensing Negotiations
We will then invest our own time, money and other resources to complete the required patent and product related research, produce the marketing and presentation materials, make contact with all licensing prospects, and negotiate a licensing deal. The goal of our program is to offer manufacturers and DRTV companies virtually every reason to accept your product idea, while eliminating virtually every reason to reject it. We have one goal only—to consummate product licensing deals that will generate regular and periodic income in the form of royalties or profit-share income.
Expenses and costs connected with our no-charge marketing and licensing program are absorbed by DaVinci Legacy Group. There is no cost to the inventor for the implementation and completion of this program.
|