After numerous complaints the district attorney's office has filed a class action lawsuit against this company and their response was to of course declare bankruptcy so they don't have to give the money back to all the people they stole it from. Such cowards. That's why it says their business is permanently closed on their website. They've change names so many times to avoid their shady past. Don't do business with them ever. That's $8000 I would never get back. Sad.
My experience with ideabuyer was great. I really appreciate the time taken to ensure long term success for my product there's no way I could have gotten a full vision and applications needed in order to fulfill my dream. Thank you to the entire Idea Buyer Team for believing in me and thanks so much for all the hard work put forth on my project.
The Idea buyer representative was knowledgeable and explained everything totally. It's totally straightforward to induce in contact with them. If I ever have any queries, I continually offer them a decision and they are terribly careful.
I started with these guys in November 2017- since then I have received Stellar service and exceptional help with my business, yes the upfront payment was steep, but nothing is free and if you think they are scammers then take your services elsewhere. I am super excited to continue working with Idea Buyer and look forward to having my products in stores soon!
I like how this company is growing everyday which is good because it brings in more exposure to our product unlike other companies who have limited resources and audience. I'm glad we found this place.
Idea Buyer provide an excellent environment for any new entrepreneur to be succeeded in their dreams.My experience with ideas buyer has been great. They have brought success to our doors.
Been with Ideabuyer for 10 months- very happy with the progress & the support.
They will do there best for you but they are not miracle workers... if your idea doesn't sell or falls flat... welcome to the world of million dollar inventions & ideas. You pay your money & take your shot!
Very happy to post a positive review for Idea Buyer; I first was introduced to the company by one of my coworkers; It took just 8 days from registering on the site to get my first lead. Really impressed with teh service!
In 2009, I developed a brace to treat back pain. After working for 4 years to get it to market, I was introduced to the founder of Idea Buyer by my patent attorney. Eric and his team worked with me in 2013 over the course of 7 months to help me get over $3,000,000 in purchase orders for my product. I have now been partners with Idea Buyer for over almost two years and cannot express how happy I have been with the entire experience. They are the largest source of purchase orders for my company by leaps and bounds, driving over 80% of my revenue in 2013 and on track for 90% this year. Results speak for themselves but it doesn't help to share
Idea Buyer has served many clients all over the world. Their unique strategy has helped many people in successfully converting their ideas into business. I am very thankful to them.
Answer: No, they have just taken our money :(
Answer: Hi Mike, Please message me your email and I can send a portfolio of example products. You can also search for us on Entrepreneur.com.
Answer: Hi Toni - All submissions are 100% confidential but certainly feel free to keep your submission vague. If you'd like our team to email you an nda prior to a discussion, you can email info@ideabuyer.com and we'll get back to you shortly! I hope that answered your question! Feel free to send any other questions with your email request for the NDA so we can get back to you quickly. Thank you!
Answer: Here is a quick excerpt from the guide; What is Patent Licensing? Legally speaking, you have licensed your patent when you (the licensor) grant exploitation rights over your patent to a licensee (the person you are licensing it to.) Exploitation rights simply means the right to create, market, and/or sell something based on what that patent protects. A license of this nature is also a legal contract, and that contract is what will spell out in concrete terms precisely which exploitation rights are being granted. These include any performance obligations the licensor might demand of the licensee. This means that if any performance obligations are included in the contract (ie, You must produce X number of sales by the year X.), and they are not met, this could lead to the patent licensing being terminated in its entirety. In this context, a license is also revocable ie, cancellable if certain terms and conditions are not met. This is a common characteristic of legal contracts in general, with special ramifications for patent licenses. The only way to grant someone irrevocable exploitation rights, it should be added, is to assign them the patent. Assignments, however, are permanent. They entail the sale or outright transfer of the patent by the assignor to the assignee. An in-depth exploration of patent assignments is beyond the scope of this article, but just know that they are an option if irrevocable exploitation rights are something you seek.) We hope that is helpful.
Answer: Hi Nick, We are a vertically integrated team that can do everything from engineering, IP protection, and production quality prototypes to getting purchase orders from major retailers.
Answer: Hi Ashley, First, you want to make sure your product is unique and solves a problem. Then, you want to research the market and make sure it is unique and growing. If it meets those first two criteria, it may make sense to continue further. You'll want to look at the complexity of getting it produced and competing products in the market. If it isn't reasonable that you could work with companies to get it to the point of a production quality prototype then it may not make sense to move forward. You'll want to work with a team that understands the importance of protecting your IP (and the steps needed to get their with engineering) and the commercial viability of your potential product.
Answer: All of the products we work with are new products. I hope that answers your question.
Answer: Hi Gilles, Do you have a patent, inventory, and existing sales?
Answer: Extremely expensive & required up front
Answer: Thank you
IdeaBuyer has a rating of 3.3 stars from 116 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with IdeaBuyer most frequently mention purchase orders and patent attorney. IdeaBuyer ranks 3rd among Manufacturing sites.