There are many different ways to submit an invention idea to an established company. There are specialty companies that specialize in a particular field, such as Wilson Sporting Goods, or there are consumer products companies such as Nautilus and Proctor & Gamble. These companies will often take on your idea if it is unique and could help them achieve success with their products.
Quirky
Submitting your invention idea to a website like Quirky is a great way to have it reviewed by the community. Once you submit your idea, it will live on the site for 30 days while members vote on it, comment on it, and offer suggestions for improvements. The top three or five idea inventions will move forward to development. Once they have passed the review process, engineers and designers will work on transforming your sketches into a marketable product.
Submissions to Quirky are free, but there are some restrictions. If your submission is accepted, Quirky will develop it and solicit input from the community. If your invention is approved, you'll earn a royalty from the product's sales.
Nautilus
The latest quarter's earnings report revealed that Nautilus' stock has plunged. This could continue in future quarters, but the company's management has stated that it is working to improve its competitiveness in an industry that is changing rapidly. The company's TAM (total addressable market) has been expanded, which should help it compete better in the future.
While many companies will reject your idea, others may be willing to take a chance. For example, the Coca-Cola Company accepts idea invention and has a contact form.
Under Armour
Under Armour, a leading company in athletic apparel and footwear, actively looks for best place to submit invention ideas. The company will consider both patented products and ideas that will make athletes' lives easier. The company is based in New York but is open to submissions from around the world. Submission guidelines can be found on the company's website. Generally, a submission will take about six weeks to be reviewed.
Under Armour's Future Show series is an annual competition to reward innovators who can incorporate new technology into the design of their products. The October 2013 event drew 4,000 submissions. From these, 20 finalists were chosen. The finalists showcased their creations at a special expo. The top seven inventors were then invited to present their inventions to a panel of judges.
Wilson Sporting Goods
If you're an inventor looking to make your idea a reality, Wilson Sporting Goods is the place to go. This company has a global presence and is always on the lookout for new inventions. It accepts unsolicited ideas and has a flexible submission process. Whether you're interested in collaborating on a joint venture or launching a new product, they want to hear from you.
If you're a sports fan who has an idea for a new product, consider submitting it to Wilson. This sports-related company has partnered with a variety of stakeholders and innovators to find new products. Submissions must meet their criteria.
Escalade
If you have a great idea for a product, you can submit it to Escalade, which is a distributor and manufacturer of sports gear. They are always looking for new products and ways to improve their current products. You can submit your ideas online or by mail. Once you have submitted it to Escalade, they will consider it for possible inclusion in their product line.
Before you submit your idea to Escalade, you should check the company's Terms of Submission. These terms explain the submission process and your rights and responsibilities. Make sure you read them carefully.