My product is Heat Batting Gloves while playing baseball. The target audience is going
to be baseball players and hopefully in the near future, other sports athletes to go along with it.
The main plan for my business is to try to make a licensing deal with one of the major
companies like Under Armor or Nike or Easton. The idea is basically to sell to highest
bidder or the highest offer, another plan could be to go after all of them if I could.
I want to somehow be able to mix in a royalty deal at some point. Im going to license the patent
To the major companies at first because I don’t want to make a royalty deal when I could have
Gotten a lot more of a royalty say the product does really well. So at first I’m only going to
License …show more content…
The short licensing deals are going to be for if the product
Turns out to be huge and then I can go back to these companies requesting a lot more money
This time if they want to continue to sell the product and continue to have what there
Competitors do. The ending goal is for me to be able to completely sell the patent to one of
These companies probably the highest bidder with the best royalty so I can be done with it
And always be able to collect from the product and not have to lift a finger. My target audience
For the product itself will obviously be baseball players but, not all baseball players. They will
Most likely have to be somewhere the sport is being played and it gets cold so that the heated
Batting gloves will be able to serve its purpose to keep them warm. There isn’t any other
Product that does the same thing and makes it so baseball players no longer have to hit with
Cold hands. My market for sure is going to be the consumer market without a question. This is
Going to be athletes buying the product for there own use. There could even be bigger deals on
The table say different types of sports teams who would want package deals and there is
to be baseball players and hopefully in the near future, other sports athletes to go along with it.
The main plan for my business is to try to make a licensing deal with one of the major
companies like Under Armor or Nike or Easton. The idea is basically to sell to highest
bidder or the highest offer, another plan could be to go after all of them if I could.
I want to somehow be able to mix in a royalty deal at some point. Im going to license the patent
To the major companies at first because I don’t want to make a royalty deal when I could have
Gotten a lot more of a royalty say the product does really well. So at first I’m only going to
License …show more content…
The short licensing deals are going to be for if the product
Turns out to be huge and then I can go back to these companies requesting a lot more money
This time if they want to continue to sell the product and continue to have what there
Competitors do. The ending goal is for me to be able to completely sell the patent to one of
These companies probably the highest bidder with the best royalty so I can be done with it
And always be able to collect from the product and not have to lift a finger. My target audience
For the product itself will obviously be baseball players but, not all baseball players. They will
Most likely have to be somewhere the sport is being played and it gets cold so that the heated
Batting gloves will be able to serve its purpose to keep them warm. There isn’t any other
Product that does the same thing and makes it so baseball players no longer have to hit with
Cold hands. My market for sure is going to be the consumer market without a question. This is
Going to be athletes buying the product for there own use. There could even be bigger deals on
The table say different types of sports teams who would want package deals and there is