Get ready for an enlightening episode of Invent Anything! In Part 2 of our series on selling patents, we’ll be providing a detailed guide to the art and strategy of patent sales. Whether you’re a veteran inventor looking to make the most of your portfolio or a newbie just starting in the patent world, this episode has insights for everyone.
We’ll be kicking things off with the top ten pitfalls to avoid when selling a patent. Navigating the patent market can be a tricky affair, and these tips will help you steer clear of the most common obstacles.
Next, we’ll explore the best practices to enhance your patent sale’s success rate. We’ll cover everything from valuation methods, pitch crafting, potential buyer identification, negotiation strategies, and more.
The episode will also feature a comprehensive discussion on the effective use of Evidence of Use (EOU) of Patent Infringement. Learn how to use this tool to prove your patent’s value and improve your chances of securing a sale.
We’ll also delve into the issue of Prior Art, which can challenge the validity of your patents and consequently affect your sales. Learn the strategies to overcome these invalidity arguments and confidently present your patent’s worth to potential buyers.
Interestingly, we also shed light on a less explored market of selling to small companies, along with compelling reasons why this could be a viable route for your patent sales.
Finally, we will cap the episode by diving into the power of automation in the patent sales process. From creating efficient systems to using AI-powered platforms, discover how automation can streamline your sales efforts and enhance your patent portfolio’s profitability. In a special focus, we chose topic 6 to highlight how varying business sizes affect intellectual property strategies. Stay tuned to navigate the complex world of patent sales and successfully monetize your inventions. Tune in and get ready to Invent Anything!