IdeaBuyerReviews 121

I work with them but didn't start until after I already had a patent after an introduction by my patent attorney who recommended them. They helped me get my first purchase order and have helped me grow to over $250,000 in sales over the past 18 months. We just landed a huge contract with Macy's for further distribution based on the sales numbers and they negotiated a roll out.

I would say that you absolutely need to be prepared before approaching them. Some people have said they were not accepted or not replied to after applying for the program and I would just say that you may want to better prepare and then contact back later. They aren't interested in working with every product so just be aware that if you contact them, they might not be interested in working with you.

For me, I would say I am quite good at what I do but I didn't have the ability or resources to do what it would take to get my product to market myself (I was working a full time job) so their partnership was a god-send for me. Otherwise, I have no doubt I would still be working 9-5 and dreaming about getting my product out there 'some day'

The website has been very helpful for us to grow our sales by getting us into more retailers. We have received five leads from the site and three of the stores have placed purchase orders for our product.

It took just 1 week from registering on the site to get our first lead, we couldn't recommend the website enough and we will be using it again in the future.

Idea Buyer's team saved me. II had worked with Davison and received little. With Idea Buyer, they had me within retailers within 4 months and I received a licensing offer of $30,000 down and 8% of sales. With Idea Buyer, they delivered tangible results and were motivated far beyond what I've seen other companies offer. I am happy to send them their success fee monthly because they deserve it.
I run an inventors group and the Idea Buyer team has been kind enough to speak to us several times. They are kind, empathetic, and share wisdom that delivers results. It was great to see over 10 products that they have brought to market and I really enjoyed them having a local inventor they helped share the details of their business coming to market.

I worked with Idea Buyer for 2 years. I have made over $500,000 from my invention. I am so happy I applied for their program. Thank God.

We have been working with Idea Buyer since 2010. We are a Patent Attorney office in Sacremento, California and have sent over 50 clients to Idea Buyer. While they ended up only accepting 5, they delivered exceptional results and as Patent Attorneys, that is really important to me. Highly recommended!

Very happy to post a positive review here. I first was introduced to the company through my friend who did my
Patent work. It was nice to have the intro because it helped me license
My app to a gaming company that has taken it to the next level. I now don't have to worry about the daily operations
But get to focus on the creative side. While I'm not getting huge checks yet, the royalties have replaced my income
As a software developer and allowed me to now focus on my own creations daily.

Idea Buyer has helped me to get some ideas of mine to start making money for me. Admittedly, I am a creative person with many ideas that were potentially profitable, but I had no idea how to monetize them and begin actually creating income. I need someone who can help me with the business side of things, and Idea Buyer does just that.

I learned about Idea Buyer from a colleague that was tired of hearing me talk about how I needed to consider patenting some of my long held ideas and concepts. He sent me the link to their website, and I was pleased with their easy to understand business model; they take my idea and help me to streamline it and list it to be sold or licensed. The listing is viewed by potential buyers who could contact me, allowing me to present more about my idea and negotiate the terms of a sale.

When I reached out to Idea Buyer, they were extremely helpful. They were pleasant, professional, and willing to create a partnership. I felt like I built a great rapport with them right away, and felt as though I was in good hands.

As we moved ahead, they helped my patents gain exposure and find the right buyer. I was afraid that I might get contacted by buyers that were not serious, only to have potential sales fizzle out, but I had a stream of genuinely interested buyers. I was glad to see that Idea Buyer has so many potential buyers browsing their site on a given day. They seem to have a great handle on quality control; the inventions, products, and ideas up for sale seem to be cohesive and marketable ideas, and those seeking out patents to purchase are ready to buy.

The tail end of the process was just as easy as discussing the listing process; I had offers within a week, and a sale of my patents finalized within a month. Idea Buyer worked as my liaison from start to finish, and they always answered any questions I had at each point. I never felt like I was left alone to fend for myself; they provided guidance and helpful tips that ultimately helped to insure my success.

Now I have two products that will be on their way to manufacturing this winter, and I could not be more pleased. Idea Buyer gave me all the tools that I needed to become the successful entrepreneur that I've always hoped to be. I'm shocked by the size of the initial checks I received, and I can't wait to start receiving royalties on the ideas that I've been sitting on for years. I know that I'm making my family proud.

The site is all and good but how about some updates like including social media share buttons and cool little features like that. I posted my patent on here about three weeks ago and have had three people contact me which I'm excited about but I had to move to email because the messaging was so hard to format for me and I couldn't send attachments in the messaging center.

So, here are some of my recommendations.

1. Update the messaging center to allow for attachments.

2. Include social media sharing so patent holders can easily share their listing on sites like facebook, twitter, linkedin, and pinterest. Oh, and maybe Youtube too.

3. Maybe do a featured patent highlight daily on new patents on your site? For example, mine :)) ). See third one down on the home page :).

4. Offer some consultation on pricing a patent? I didn't have a good idea of how to do this and didn't see any tutorials? Would be very, very helpful to people like me that are more of the technical side and less of the business.

5. To the point above, how about some template agreements to be made available for people.

6. The ability to upload videos to your listing. Currently, I see I can link to videos but it would be nice to be able to put them right there in my page.

Wow, much longer than I thought but I hope the company makes these updates and then I would give it a great review.

The Idea Buyer team has helped us build our business from a small product line being produced out of our garage to a million dollar business through licensing. Licensing our patent to a major manufacturer gave us the ability to profit from our invention without taking the additional risk of bankrolling inventory and purchase orders. As the product line continues to grow, our licensing checks continue to grow, giving us the freedom my husband and I have sought after.