How to get highest value for my patent ? How to do patent commercialization selling or licensing ?
Start Commercializing your Patent in minutes … not months
Patent Forge AI automates every step of commercialization—find buyers, generate documents, and close deals faster than ever before.
you can start reaching the right buyers in minutes and watch your patent generate revenue in days.
Video : How to get highest value for my Patent?
How to get highest value for my Patent?
“To get highest value for Your Patent, You need to solve 3 important Questions “
1. How to Position my Patent for Maximum Value in Market ?
“The Words You Use to Communicate About Your Patent Can Make or Break Its Value”
As an inventor, you can explain technical details of patent with precision. but will it communicate its value to a person listening to it? patent documents & patent claims are most complex thigns to understand.
When decision-makers like CEOs, directors, or research heads of potential buyer firms review your patent proposal, they aren’t just evaluating the technicalities.
Their primary question might be, “What’s in it for me?” or “Will it bring profits to our firm?”
To effectively answer these questions, you need more than just technical expertise—you need Sales and marketing skills, copywriting skills to have a strategic communication that speaks to the business goals of your target firms decision makers.
To Position your patent in the right way to receive highest value in the market involves brain storming and creating: “100s of communication pieces and documents like scripts, appointment emails, templates, call scripts, proposals, presentations, and countless conversations that builds genuine interest from potential buyers. “
Decision-makers like CEOs, Directors of buying firm will look at your patent and think “What’s in it for me?” or “Will it bring profits to our firm?” Every communication we do matters a lot…
“How Patent forge AI generate all such communication peices and 100s of documents specific to your Patent in few munites … saving time, efforts and money.” is explained below…
2. How to find relevant Target firms interested in my Patent ?
“Not every company will appreciate your invention, but the perfect match can turn it into a financial goldmine.”
Finding the right buyer or licensee for your patent is often the hardest part of commercialization. You could spend months researching industries, scouring LinkedIn, and making cold calls, only to realize the firm may not be right fit for your invention and patent. It can feel like searching for a needle in a haystack.
Not every company will appreciate the value of your invention, but the right firm—one that understands and needs your innovation—could pay the highest possible price for buying or licensing it.
Problems:
- Lack of Industry Knowledge: You may not know how to research and categorize potential buyers by industry, sector, or market needs and find most relevant firms.
- Difficulty in Finding Interested Firms: Locating companies that would be actively interested in your patent can be extremely challenging.
- Unfocused Efforts: Without a clear understanding of who the right audience is, patent owners may waste time pursuing firms that don’t value their invention, delaying the commercialization process.
- Time, cost and efforts: Hiring professionals to help identify and reach the right firms can be expensive, and many patent owners don’t have the resources to invest in this kind of targeted outreach.
Finding the Right Firm who’s strategies and interests align with your Patent, would be paying highest value. Finding List of such Firms is often the hardest part of commercialization.
“How Patent forge AI generate List of most relevant target firms specific to ” your Patent ” in few munites … saving time, efforts and money.” is explained below…
3. How to negotiate Terms, Agreements, Contracts in a Deal?
“Convert interet in invention in to Deal with right proposals, contracts, agreements etc..”
Patent commercialization that is selling or licensing of patent requires drafting and negotiating several types of documents—such as proposals, contracts, and licensing agreements—that protect your rights and ensure you get the best possible deal. Without proper documentation and negotiation strategies, you risk undervaluing your patent or facing legal disputes.
Problems Faced by Patent Owners:
- Time and Resource Intensive: Drafting professional-quality documents—such as email proposals, contracts, agreements, and negotiation strategies—requires time, effort, and expertise. Patent owners often lack the resources to produce this range of comprehensive communication materials.
- Difficulty in Negotiation: Patent owners may not have the experience to negotiate terms effectively, especially when dealing with seasoned corporate buyers or legal teams. This can result in unfavorable agreements or missed opportunities.
- Multiple Communication Pieces: Effective commercialization involves a large number of communication materials, including email templates, pitch decks, follow-up strategies, and more. Creating and managing all of these materials manually is overwhelming, and even a single mistake can derail a deal.
- Cost of Hiring Professionals: Hiring lawyers, negotiators, and marketing professionals to manage this process can be extremely costly, making it difficult for individual inventors and small businesses to afford the support they need.
For a successful selling or licesing of patent at highest value requires multiple negociations, proposals, contracts, agreements etc… which is time, efforts and cost intensive process
“How Patent forge AI generate 100s of such contracts, proposals and agreements specific to ” your Patent ” in few munites… saving time, efforts and money.” is explained below…
What if, everything you needed to commercialize your patent is ready for you in… few minutes ?
You can start reaching the right buyers in minutes and watch your patent generate revenue in days.
Introducing Patent Forge AI : The AI-Powered Solution for Commercialization (selling or licensing) of Patent
Powered by artificial intelligence, Patent Forge AI simplifies and accelerates the entire patent commercialization process, making it possible to generate everything you need to monetize your patent in just a few minutes. Patent Forge AI helps in saving you time, money, and efforts.
Step 1: Input information about your Patent to generate content Specific to your invention
Provide details about your patent—Title, abstract, summary, and key features. Patent Forge AI will use this information to generate every document, communication piece, and strategy specific to your invention.
Step 2: Target List of Right Buyers, licensee Instantly from the domain of your patent
Generate Target Firms List specific to Patent, by domains, fields, country or by revenue helping you focus your efforts on the right audience to target from the start.
Step 3: Generate 100+ Marketing Communications for your patent in minutes
Generate all relevant documents like email templates, call scripts, and follow-ups, pitch decks, marketing materials, and negociation tactics, proposals, partnerships, selling, royalty, NDAs, licensing agreements, and contracts
Saves Time, Effort, and Money While Maximizing the Value of Your Patent with Patent Forge AI
Commercialize your patent faster, easier, and smarter with Patent Forge AI, that creates Your patent specific communication pieces like scripts, pitch, emails, proposals and relevant tailored documents, It finds List of potential buyers to target, and also help in negotiations, agreements, licensing and contracts— all in minutes.
- Time Saved :Time required in Patent commercialization reduced from months to few days. Months of time required for all documents, emails, proposals, negotiation, contracts, agreements, and list of target Firms, Now happens instantly, freeing you up to focus on making deals.
- Effort Saved: Removes efforts for creating documents, scripts, agreements, list of target firms. Instead of crafting each document or researching target firms, the platform creates these required elements for patent commercialization in few minutes, allowing you to minimize the effort involved in commercialization.
- Money Saved: Saving thousands of dollars of cost in traditional patent commercialization. Costs using traditional methods require researchers, copywriters, designers, consultants, lawyers, and marketing experts. With Patent Forge AI, you can achieve these results at a fraction of cost saving thousands of dollars.
Patent listed on marketplace with Worldwide Visibility for Free
Patent Forge AI enables you to effortlessly create a detailed and professional listing for your patent on a global marketplace,with worldwide visibility connecting you with potential buyers, licensees, or collaborators without any barriers.
With Free and open access for interested firms, no registration required, and secure, real-time communication, Patent Forge AI streamlines the entire commercialization process.
- Free and Open Access for Interested Firms
Your patent listing will be accessible to interested visitors worldwide without requiring them to go through the hassle of creating an account or paying any fees. - “This free and open access model removes the traditional entry barriers found on other platforms, ensuring that the right buyers and licensees can reach you easily and start communicating with you directly, using our secured chat feature.”
- Straightforward and Secure Communication
With our secured chat option, interested firms can initiate a conversation with you immediately after viewing your patent listing. This is the most straightforward and cost-effective method for qualified and relevant firms to reach out to you directly, without any unnecessary steps or hidden fees.
Learn More about Marketplace for Patent
- Indian Patent Office, Govt. of India
- Patent Facilitator for Start-ups, Startup India Govt. of India
- Bachelor’s degree in Electronics and Telecommunication engineering.
- Author of multiple books on Patents and IPR including a best-selling book on “How to patent an idea in India” which has been selected as the “Memorable Business Book of 2018” by Amazon
- Books are included in the syllabus of Educational Institutions as textbook and reference book on subject of IPR and Patents
- For over 15 years, Prasad has helped protect the intellectual property rights (IPR) of more than 1800 clients, including individuals, entrepreneurs, and educational institutes. This includes patents, trademarks, designs, and copyrights.
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