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Stand Alone, Inventor!
And Make Money With Your New Product Ideas!
by
Robert G. Merrick
Back
In Stock!
Quality Paperback, 324 pages, 6 x 9 inches
Publisher: Lee Publishing; ISBN: 0964383209; ©2000, '98, '97
Catalog#
3209-2
List price: $19.95
Our price: $17.95
You save: $2.00 (10%)
During
his career as an independent inventor/entrepreneur, Bob Merrick followed ten
self-imposed rules that he details in this book.
For him these rules paid off in a series of four winning inventions -- each
posting sales in the millions. He characterizes these four innovations as "almost
laughably simple," but because they proved useful, they produced serious
sales and profits for long periods.
In this book Merrick
shares powerful marketing secrets and insider know-how that will help you
move ahead and succeed with your new product idea. Whether you plan to sell
your idea, or venture it yourself, you can use this book!
"The
motto of the Stand-Alone Inventor is:
If I keep my invention simple enough, I can finance and promote it myself,
and I can get it produced and distributed at a profit--all by myself."
Merrick shares his time-tested
tips for successful inventing, plus step-by-step lessons and real-life experiences.
Readers learn how to take an idea from brainstorm to store-shelf without "betting
the farm."
Stand Alone, Inventor!
is a book that provides a fast-track agenda. Merrick starts off with needed
basics: what to invent, how to test it cheaply to see if it will sell, and
how to protect and distribute it, while avoiding partners, venture capital
firms, and marketing scams. But it's his first-hand knowledge of manufacturing
and merchandising products from the ground up that readers will find most
valuable. In true marketing fashion, Merrick uses many photographs and illustrations
to clarify his points.
You'll learn the inside
information as to whom you must contact to gain store acceptance;
what your press releases must say to get free ink in newspapers
and trade magazines; what your sales materials must look like
to be accepted by buyers; where you must go to get printing
and other services for less than what the big guys pay; how to determine what
price your product must sell for to make a profit; how to locate
the right manufacturer in the USA and offshore; and, why you
are the best person to oversee the marketing of your own invention!
This book includes a
43-page Resource Section that provides contact details on more than 800 hard-to-find
sources and services for inventors. Here you will locate such things as low-cost
manufacturers, color printers and package designers along with contact information
on key retailers and trade publications in given industries. Also listed are
data on free-assistance non-profit inventor support groups, and much more.
Unlike many authors of
books on inventing, Merrick suggests that inventors wait before trying to
license or sell their ideas to others. He advocates that inventors learn to
use their ideas to begin to grow a successful company. This process results
in a developed product that is more appealing if it is offered to licensees
later on.
In addition to his own,
he tells the stories of several other successful stand-alone inventors, who
followed his formula. The reader gains not only the how-to of inventing and
marketing new products, but also a feel for the excitement and personal rewards
that being an inventor can bring.
Merrick knows, because
besides his hands-on experience, his credentials include past president of
the California Inventors Council and past delegate to The White House
Conference on Small Business.
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Table
of Contents
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Chapter
1 - Ten Rules for
the Stand-Alone Inventor
Chapter
2 - Some Successful
Stand-Alone Inventors
Chapter
3 - A World of Inventors
Chapter
4 - Marketing is
Everything
Chapter
5 - Intellectual
Property: Paid Protection
Chapter
6 - Financing Your
Product
Chapter
7 - How to Get It
Manufactured
Chapter
8 - How to Get Free
Hype
Chapter
9 - Merchandising
Your Product
Chapter
10 - Advertising
and Sales Promotion
Chapter
11 - How to Set
Up Distribution
Chapter
12 - Mail Order,
Direct & Internet Marketing
Chapter
13 - Selling Your
Invention as a Promotional Product
or Premium
Chapter 14 - How
to Set Up Your Virtual Office
Appendix
- The Inventors' Resource Section
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A
sampling of Robert's Rules for Successful Inventing:
1.
Invent products that
are physically small.
The primary
advantage of physically small products is their ease of storage and handling,
which makes them relatively inexpensive to keep in inventory. My first inventory
of 5000 items was kept at home in our hall closet! Keep in mind, also, that
it's much easier to carry a small product to a potential buyer for a demonstration.
People always want to see the actual product; not just a catalog sheet or a
video. I am never without a few samples of my inventions in my coat pocket or
in my brief case. I recall making a substantial product sale at 30,000 feet
to the guy sitting next to me on a business flight to the East Coast.
2. Develop Products
That Offer Repeat Sales.
If your product won't wear out, go out of date, get used up, or spoil after
your customer buys it, you may never hear from him again. This is why you should
try to invent something that will need to be replaced. If possible, try to deal
in consumable or disposable products. One of my million-dollar ideas was a transparent
calendar for the crystal of a watch. I learned that nothing goes out of date
with more reliability than a calendar! One corporate buyer set his computer
so that every year it issued me a re-order for 100,000 sets these calendars
for use in his Christmas mailings. His orders kept coming for more than a decade!
3. Keep Your Initial
Cash Investment Small.
Invent products you can afford to develop by yourself. Stay away from partners
and venture capital firms. Beware of those expensive marketing scams that advertise
on the radio. Keep in mind that it's common for new products to fail. Unless
you have a sizable cash surplus, it's prudent to start out playing with small
chips. Don't mortgage the farm! Work off your kitchen table, and keep your costs
down. By being conservative in this way, if your new product fails, the financial
hit will not wipe you out. And, you will have left the way open to try another
invention later.
4. Have others
do your manufacturing.
Too many novice inventors rush out to purchase machinery so they can go into
production. Usually the equipment they want is quite costly in terms of initial
outlay, operation, overhead and maintenance. Avoid this approach in the beginning,
because there is a much cheaper and less-risky way to go.
The best solution to getting
your invention manufactured is to sub-contract (or outsource) the work to a
qualified vendor. No matter what you invent there is a company somewhere that
can produce it for you. You keep your risk low, by not putting cash into machinery
that you may not need all the time. You can find dozens of companies that can
make your product. Let one of them do your manufacturing, so you can concentrate
on the more important job of marketing it.
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What
others say about Stand Alone, Inventor!
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"Bob's book brilliantly
presents creative ideas for launching new products. If you plan to profit
with your new invention, start by reading this book."
-- David Pressman, Author of the best seller, Patent
It Yourself!
"Written by one
of the most savvy guys I know on the subject of entrepreneurial inventing,
Bob Merrick's book does a terrific job of verbalizing inside information on
how to succeed with simple inventions."
-- Michael M. Scott, the first President of Apple Computer,
Inc. (From 1977 to 1981).
"Hopefully, among
the readers of this book will be those thousands who never thought of themselves
as inventors or entrepreneurs, but once learning how it's done, will be passionately
inspired, and successfully motivated."
-- Don Kelly, Director, United States Patent and Trademark
Office, Washington, DC.
"What this country
needs is more stand-alone inventors like Bob Merrick, who find out how to
create their own job, and go on to create jobs for others. He teaches his
readers how they can succeed and make a difference, if they assume responsibility
for their inventions and for themselves."
-- Joanne Hayes-Rines, Editor, Inventors' Digest
magazine.
"Bob Merrick's
story of how he achieved invention success is a fascinating read, plus good
guidance for how entrepreneurs can do it themselves."
-- Rick Crandall, Ph.D., author of the best seller,
How to Market Your Services: For People Who HATE to Sell, and founder,
Community Entrepreneurs Organization.
"We always said
Bob Merrick 'wrote the book' on how to make it big with simple products---and
now it's true. This is must reading for anyone who ever dreamed of making
a difference in the world by adding something to it."
-- George Coakley, Chairman, Polytracker MLS, marketing
genius behind the Pet Rock, and originator of musical greeting cards.
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About
The Author
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Bob Merrick has been
successfully developing and marketing his own inventions for more than twenty-five
years. He does this as head of Merrick Industries, Inc., a six-employee company
in Sunnyvale, California. The company does no manufacturing in-house; rather,
it outsources all production, and concentrates on marketing. Merrick maintains
that simplicity is the key element in all of his inventing, and the reason
for its success. His retail products are sold nationally in such stores as
Office Depot, Staples and OfficeMax. Merrick Industries also conducts business-to-business
marketing of promotional advertising products.
Frequently, Merrick
is an invited guest speaker at government and university-sponsored seminars
and workshops. He is also in demand as a consultant.
Merrick's background
includes a BA degree in communications from the University of California at
Berkeley, four years active duty as a naval officer, including a tour as an
adviser in Vietnam, six years as advertising manager at Fairchild Semiconductor
Corp., and three years as a partner in the Hal Lawrence Advertising and Public
Relations agency in Palo Alto. In addition to running his company, he is active
in real estate development and management. He served 10 years as a founder
and director of Pioneer Federal Savings and Loan of San Jose, was president
of the non-profit California Inventors Council and a delegate to the White
House Conference on Small Business. He is married, has three grown children,
and lives in Monta Vista, California.
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Stand Alone, Inventor!: And Make Money With Your New Product Ideas!
Our price: $17.95
Catalog#
3209-2
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