SELLING YOUR PATENT – HOW MUCH YOU CAN EXPECT?

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SELLING YOUR PATENT HOW MUCH YOU CAN EXPECT?
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Navigating the exciting yet complex process of
selling your patent requires reasonable
expectations of potential profits. If you have
recently secured a patent, visions of
million-dollar payouts may dominate your
thoughts. However, while certainly possible in
rare blockchain or biotech breakthroughs, most
patented products sell for five to six-figure
sums. The process of selling your patent involves
a complex range of considerations. Having
successfully navigated the patent approval
process to protect your novel intellectual
property asset, deriving fair market value is the
next step. Additionally, understanding your
patents competitive landscape and revenue
potential allows you to gauge prices and terms
accurately. Here in this ppt, we will talk about
how much you can sell a patent for!
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Whats the Typical Selling Price Range?
How much can you sell a patent for? Theres a
pretty wide range when it comes to how much you
can sell a patent for. The vast majority go for
somewhere between 10,000 on the lower end, to
50,000 on the higher side. Only exceptionally
valuable patents in booming product categories
fetch 1 million or more. Some key factors that
impact a patents sale price and make it more (or
less) valuable include the size of the potential
market, demand for that type of product,
remaining patent life span, and whether the
patented tech is a pioneering breakthrough or an
incremental improvement.
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License or Outright Assign?
When it comes to actually selling your patent,
youve got two main paths to pursue licensing
or outright assignment of full ownership.
Licensing means you keep the patent rights but
allow another company/company to use your
invention for a cut of their profits and/or an
upfront fee.
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Whats the Usual Payout for Inventors?
How much do inventors make? Lets be honest the
vast majority of individual inventors make pretty
modest amounts when selling their patents. For
consumer product patents, earning under 50,000
is most common. Industrial patents have bigger
market potential, so payouts reaching into the
six-figure range arent rare. But multi-million
dollar patent sale are the exception that maybe
few patents achieve, usually because theyve
solved a major problem or enabled an exciting new
product category that corporations are willing to
pay a premium to control.
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Calculating Estimated Patent Value

• Theres no perfect, definitive way to calculate
  exactly how much your patent is worth. But
  professional services do provide detailed
  assessments that consider key factors like
• Remaining years of patent life protection
• Size of the potential product market
• Expected demand for the patented product itself
• Estimated manufacturing costs
• Required marketing and distribution resources

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Making the Sale
Once youve got realistic expectations set around
your patents value, the sale process starts by
identifying the most relevant potential buyers
companies already operating in that product space
who would find your patented idea valuable. Next,
you need to prepare marketing materials that
highlight the key benefits and advantages of your
patented invention. What problems does it solve?
How will it make their products better? Dont
overinflate claims, but dont undersell either.
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Conclusion
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