You have a new cardboard packaging idea and now want to sell it. If you’d rather stay out of the manufacturing process. Find buyers willing to authorize your packing opinion and turn it into a natural product.
This means you need to take a close look at your idea to find ways to make it unique. While also connecting with specific markets that need Cardboard boxes ideas for their customers or to stick with the products they produce.
Research and patent.
Draw pictures of your cardboard packing idea. Visit the US Patent and Trademark Office to run free research to determine if your wrapping idea is unique. If so, file a patent to prevent anyone from stealing your intellectual property.
While your idea is not unique to a patent, you can license a company to use your design to do cardboard packing for their products. Then, go to a packing trade fair to perform competitive analysis and see what’s already available.
Define features and benefits.
Find out what makes your cardboard packaging idea unique, such as a more functional design, a folding pattern, or the use of a mix of materials that make the packing stronger. Then expand on this idea to show how covering helps sell certain types of products. Finally, identify potential markets for the end product. For example, if you have designed a more functional form for drugs or cosmetics, explain how packaging can use in those industries.
Then create a sheet on one page with the features and benefits of your idea, such as the eye-catching design or the ability to hold heavy products without getting stuck.
Find potential buyers who need Cardboard boxes idea by browsing industry indexes online. Participate in market-related fairs, such as food production or health packing. Please introduce yourself and show a sample of your wrapping to find out whom to contact the company about their wrapping needs.
Go on the phone and call the marketing managers of the manufacturing companies that match your target market. First, ask if they are interested in the new cardboard covering the idea. Then, explain the benefits of what you have created so that they realize that you understand the market’s needs.
Send your sales sheet with your packaging drawings to manufacturers who want to see what you have designed. Consider investing in a prototype to promote your idea better.
Please include a cover letter from your business and let them know that you plan to contact them within a week or two to find out what they need. Prepare to talk about licensing your ideas for a down payment. If you’re selling your ideas to agencies or printers, negotiate royalties based on the sale of the packaging.
Create packing that adds new value. Creativity is the only limit in developing packaging that is more functional, easier to open, more fun to use, has a longer shelf life or becomes a product in itself. A simple way to add value with cartons and cartons is to experiment with the underutilized card design. Such as fifth panels, functional flaps, unique cutouts, surprising interior panels, and sustainability stories. Convincing.
How to put an idea into production.
To put an idea into production, you need to convert your original idea into a viable product that provides a return on investment by serving market needs at a profit.
You must notice a product development process that takes into account both customer needs and practical production requirements. It would help if you also had the function and confidence to succeed in an environment where the percentage of new products often drops.
Do some research to make sure that your idea offers a product or service that meets the market’s needs? Then, compare your idea with competing products to identify potential strengths and weaknesses.
Compare your costs with the selling price of similar or competitive products. Find out that your project is viable and potentially profitable before freeing up more resources to put your idea into production.
Ask the people you deal with to sign confidentiality agreements not to reveal details about your idea. Seek advice from a lawyer on the potential benefits and costs of applying for a patent on your statement.
How to promote new inventions.
Once you have patented and manufactured a prototype of your invention, you are ready to promote it. If you promote your new design, find a company that pays you royalties and license fees to make and sell the invention yourself. Or you can directly market and sell your product to end-users or wholesalers. If promoting your story is taking too long for you, it may be a good idea to hire an invention company to research the market and help you find buyers.
Identify the target market.
Promoting your invention begins with identifying the end-user. Even if you choose to enter into a licensing agreement through a manufacturer, the company must understand the product market to see the need for your product. Next, examine the problems your invention solves to identify potential buyers.
Then determine the demographics of the people most likely to buy. Such as age, family, location, and interest in trying a new product. If your primary target audience is businesses. Find out who the decision-maker is and if they are ready to buy new products.
Find a manufacturer.
To sell your invention to a manufacturer for a license and royalty fee:
- Identify the companies with which you want to partner.
- Look for manufacturers who sell to the same types of retailers that your product will appeal to.
- Contact the manufacturer and describe the end-user who purchases your product.
If you have already sold some units, please indicate this immediately. This tells the manufacturer that there is a market for your product. Then prepare to bring in a prototype of your product to show it to the manufacturer and persuade them to license it.