Feeling really overwhelmed
wifster subscriber Posts: 1
edited March 2007 in Business Planning
HiThis is my first post to the site. You all sound like you really have your respective acts together, so I`m just going to lay it all on the line and see what advice you can give me.Without giving too much away, my mom and I have an idea for a product that is geared toward parents of infants and small children. I don`t know if you can even consider it an invention. I guess you could say it`s an embellishment of an existing invention. We already know the product works because we are using these in our respective homes. It`s my idea to try to sell them. I figure that if I found them useful, others might as well. These items are handmade, and while I know that doesn`t mean mass-market opportunity, I like the idea of keeping these handmade, at least for awhile. I think it adds to the boutique nature of the product. I think this also allows me to charge a little more for the product. I spent 11 years in the corporate world now I`m a stay-at-home mom with an infant daughter. My mom is raising her grandsons (my nephews). With these scenarios in mind, money is a bit tight all over. We want to start somewhere, but we don`t know where to start. I can`t really see shelling out money that I really don`t have to apply for patents and trademarks if I don`t even know that people will want the product or that the patent will be accepted. I did my own search for a trademark and my name doesn`t seem to be taken.I`m nervous about getting the product out there without the trademark and patent protection.I can`t raise money to apply for the patents or whatever if I don`t sell these things. It`s like a vicious circle, and I need to start somewhere.Any advice would be helpful!
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everywhere from Babies R Us to the smaller baby retailers to specialty
boutique sites. Again, without giving too much away, it`s a way to organize your baby`s clothes. I just gave a set of these for a baby shower gift and got a lot of compliments, so that`s encouraging. Using these as a standard shower gift or new baby/adoption arrival gift is my first way to market my product. Hopefully, the word of mouth thing will go a long way. I might see about the provisional patent, which as you mentioned would give me some protection. I must confess that I`m not familiar with a General Liability policy (seems like the more I learn, the dumber I feel). While I can`t imagine how a baby could get hurt on these (or even get her little hands on it), you never know. Please keep the comments coming, I really appreciate all of your help!
with a child so I am not as concerned about liability should the product
cause harm to a child. The provisional patent sounds like the way to go. So
much for the playground idea! Giving them as shower gifts is an excellent
idea, and you would probably do well at craft fairs as Steve mentioned. Best
of luck to you and please keep us posted on your progress!