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Can't find the Answer you were looking for?
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4910 page views
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Can you help me with your personal experience with New Product Help of Miami?
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5/19/2010 7:32 AM (PST)
Hello, I am in NW Ohio and I am maintaining a running communiqué with New Product Help in Miami, Florida. I need your input and assistance. Like EVERYONE else, I think that my invention has potential, but my problem is trust with a long distance company. I am too many miles North to be able to walk into their business establishment and ‘check it out’ in person. Are they on the up-and-up? Is there any one out there who has had success with them? Is there any one out there that was ‘taken to the cleaners’? I appreciate any and all input, Thank YOU!
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5/19/2010 9:19 AM (PST)
Lolita, They have a A- rating with the BBB and have some positive reviews you can check out by clicking View Review/View BBB Report above.
This is an invention marketing business. The way this business works is the company purports to help you get a patent on a product and then, at least in theory, will assist you in marketing the invention.
I'm not really familiar with this firm, but in general, most of these companies have a two phase process. In the first phase, they ostensibly evaluate your invention etc and for this, they usually charge around 2,000. In the next phase, you'll be told that you've invented the next light bulb and are sitting on a gold mine. All you'll have to do is pay around 10,000 and they'll prepare a marketing plan with an eye toward finding someone to license or manufacture the product. The problem is that once the money is paid, somehow all the companies that were dying to get their hands on your invention mysteriously disappear.
The FTC has gone after some of these type of companies in the past and now they're required to make certain disclosures in their offerings. Check with the US Patent and Trademark's office website and you'll find extensive materials about these kind of offers and all of the problems associated with them. The FTC's site also contains similar information
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5/19/2010 10:44 AM (PST)
Mari, Thank you so much.
Your input and information has been tremendously appreciated. It is mentally comforting to know that there are involved business professionals that can assist me and others that have inquiries. This is a new cross roads for me and I do not know 'what to ask or who to ask'!
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