how do you know your product is a good one and how do you sell the...

how do you know your product is a good one and how do you sell the idea to an investor?

Expert Solution

A product will be considered good only if it has unique feature because one can not roll out the same product again and again . it should also have a mass appeal and able to solve the desiered consumer problem . A good product should have an easy-to-understand explanation of how and why your product works .

Before selling the idea to an investor we have to gathering as much feedback as possible on your own invention idea. Focus group testing, even among friends and family, is one good way .Go as far as you can to determine if your invention is patentable or if it can be produced without infringement on other filed patents .

After you've gathered all the relevant information you can sell the idea to an investor by clearly stating the the problem, challenge or need the product meets , the product's features and benefits , clearly stating about your product market and also abut legal status of your invention (ie: patent pending, copyright or trademark info)

Manojponduru answered 2 years ago

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