Revenue Generation
Revenue generation is initially created by a successful product launch and the sales that occur from all of the prior complex marketing and product development processes. So the goal is two fold: create a great product, generate product demand and the sales that occur, and either collect profit (you manufactured and distributed the product), or the royalties (you licensed manufacturing rights).
Licensing is a highly complex process that requires intimate industry knowledge and experience to successfully negotiate a favorable licensing agreement. If you wish to license your patent, Patents2Market professionally presents your product to qualified manufacturers and negotiates favorable licensing deals on your behalf. Patents2Market provides full royalty compliance and tracking to ensure on-time and accurate royalty reporting and payments.
Key Licensing & Royalty Issues
Licensing contract negotiation and contract management
Licensing agreements are highly technical and legally complex in nature and require an experienced contract negotiator who understands all the issues and can successfully and favorably negotiate on the client’s behalf. Patents2Market staff has extensive multi-industry knowledge, understands the challenges in each industry (competitors, product lifecycles, standard royalty rates) and has the specialized knowledge needed to successfully negotiate a favorable license agreement to your financial benefit.
Licensee royalty payments
Licensors can realize considerable royalty gain by relying on our professional contract management services. Patents2Market helps keep your licensees accountable to the terms of your license agreement, including timely royalty statements and the associated all important royalty payments to you.