WHATZ UP PRODUCTS INC. Launch Your Invention |
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Launch
Your Invention
Through Licensing Our
proprietary
Design for Licensing strategy utilizes a
proven system that seeks to maximize your success while minimizing
out-of-pocket expense. Product Development Professionally
developed engineering drawings and Computer
Aided Design (CAD) are the basis for getting an invention idea
developed. At
Whatz Up Products , our industrial designers and engineers can develop
the
files necessary so that a manufacturer can tool-up or so that you can
professionally pitch your product to licensees or investors. Licensing
your
invention idea involves collaborating with
companies well positioned to commercialize your product and pay a
royalty.
Whatz Up Products can leverage the product development to tailor a
design
package that attracts companies who will license your invention and pay
you
royalties. From
professionally designed sell sheets to product
animation demonstrations, Whatz Up Products can prepare the materials
to make
an impact in your presentation. From retailers to customers, licensees
to
investors, our work will give your product a professional appearance
that will
capture attention. Getting
samples
for presentations or proof of concept is a
crucial step to test how a product will function, as well as survey
interest
from potential customers or licensees. Whatz Up Products has the
capabilities
of making you a part through the use of the best technologies in rapid
prototyping, from stereo lithography (SLA), fused deposition modeling,
and more. Finding
a source
to manufacture a quality product at low
prices and with reasonable terms is one of the most challenging aspects
to
commercializing a product. Sourcing is of utmost strategic importance
and can
make or break a product’s success. Step
1. Contact Whatz Up
Products Either
email us or
call so that we can discuss your specific
goals for your invention or new product. Otherwise, please feel free to
provide
the details of your invention by submitting it through our online form
for a
free review. The Nondisclosure Agreement is incorporated into the
submission
process so confidentiality is guaranteed. We
recommend that
you perform a patent search on your
invention to insure that it hasn't already been patented by someone
else. You
can perform the search with your attorney or utilize Whatz Up Products.
There
are several
packages designed to help you reach your
goals, otherwise for more extensive work, such as engineering,
prototyping or
manufacturing sourcing, please contact us to discuss in detail for a
tailored
quote. The packages are designed with the inventor in mind, to help
them visualize
their products and capture interest from investors or a licensee.
Once
you’ve selected your package, we will formally detail
out the deliverables, estimated timeline and terms and conditions in
our
contract. Generally payments are made on 50/50 terms (50% at execution
of the
contract and 50% due upon completion/delivery) however larger projects,
such as
prototypes, are divided into phases with benchmarks to maintain
transparency
and insure project delivery. Payment plans may also be established
after
completion of a membership fee. Whatz
Up Products
will develop your invention and provide
you with updates upon completion of each step or phase. You work
directly with
your lead designer to insure that the designs are exactly as you want
them. Once
all revisions
are complete, we will provide your final
design work in various file formats for your use in promotion or
manufacturing.
Product design work will be supplied in JPG, PNG and PDF for your use
online or
for printing, and the 3D CAD will be supplied in IGES, ACIS and SAT to
allow
you to work with manufacturers directly. Once the design
work is completed, file the Provisional
Patent Application, which gives you 12-months of "patent-pending"
status. This allows you to begin disclosing your invention to the
marketplace
to determine interest. This may be done through your own attorney or
you can
utilize Whatz Up Products. Package
"A" is our premier service package designed
for inventors seeking to license their invention. It includes the
following: •"Ideation"
Concept Drawings •CAD
Product Development •Photo-realistic
"Virtual Prototype" (9 views) •Listed
on whatzupproducts.com •Sell
Sheet Design •4
Revisions •Patent
Drawings (5 views) •Product
Animation Package
Includes
Marketing and Licensing Consultation on
Commission Basis 80-20
Royalty
Share -- You Retain 80% •Presentations
to Potential Licensees •Royalty
Negotiations •Contract
Preparation •License
Deal Management Package "B" The
"B" Package
includes everything in the "A" package
except the product animation. It is our most popular package for
inventors
seeking to license their invention and includes the following: •"Ideation"
Concept Drawings •CAD
Product Development •Photo-realistic
"Virtual Prototype" (7 views) •Listed
on whatzupproducts.com •Sell
Sheet Design •3
Revisions •Patent
Drawings (4 views) Package
Includes
Marketing and Licensing Consultation on
Commission Basis 80-20
Royalty
Share -- You Retain 80% •Presentations
to Potential Licensees •Royalty
Negotiations •Contract
Preparation •License
Deal Management Package
"C" is an economical package for inventors
who want to market their invention themselves. The addition of
"Ideation" concept drawings allows the inventor to explore,
brainstorm, refine and arrive at a final design with the features and
benefits
exactly as they wish. •"Ideation"
Concept Drawings •CAD
Product Development •Photo-realistic
"Virtual Prototype" (5 views) •Listed
on whatzupproduct.com •2
revisions Package
"D" is for
inventors who already have a
design determined and are looking for their invention to be built in
CAD. Often
this is the best option for inventors with simple/geometric products,
rather
than organic/unique shapes. •CAD
Product Development •Photo-realistic
"Virtual Prototype" (5 views) •2
revisions A La Carte Services •Patent
Search •Legal
Opinion of Patentability Patent
Search
Services $300 Patent-Pending
Status •Provisional
Application Preparation •Attorney
Reviewed Provisional
Patent Application Services $700 (plus
$125 filing
fee) |
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