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Winemaking (rec.crafts.winemaking) Discussion of the process, recipes, tips, techniques and general exchange of lore on the process, methods and history of wine making. Includes traditional grape wines, sparkling wines & champagnes. |
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Frank Mirigliano wrote :
> Hi All > > The expense of getting a patent can be prohibitive. The cost of > defending the patent can be downright ruinous. The issue is not whether > or not there will be a copycat product. If your product is good and > useful, or more importantly, profitable there will be a competing > product in short order. The issue is can you afford to bring a suit to > defend your patent. Consider that a good patent attorney will charge > $400/hr or more and typically spend 50 to 100 hours before walking into > a courtroom. > Thanx for putting this in perspective Frank. > If you are able to sell 1000 units the first year @ a gross profit(funds > left over after product cost) of $1000/unit, you have a gross profit of > $1,000,000. I have to admit, this is much more ambitious sales figures than I had in mind and with less than half that profit margin. My first year goal is to sell 1/10 of your figure. I'm prepared to deal with more, but have limited expectations given the investment involved. I suspect your scenario of someone else picking up on the idea is probably closest to reality. Unless by some miracle this just takes off overnight, I won't have the resources to market this like an OEM that already has the channels greased. The most that can be hoped for is building a name for being the first. BTW, I read the response you sent me about trade shows and took that information in with great consideration too. I'm rarely prepared to respond to emails in that mailbox(it's only used as a spam trap), and combined with a distraction, I failed to give your message proper attention. BTW, sending a message to anything (at) vinic.com will get to me daily (replace (at) with @ and eliminate spaces). We do similar types of sales with our wine, and I've attended trade shows as a patron and an exhibitor (another industry), so your notes about professionalism ring loud. One of the hopes I have is to team up with someone that already has a booth and a full display. This is the *only* way we'd be able to attend the Unified in Sacramento. Seems to me it would work out at *any* show... as much as anything, it would dramatically reduce the fee's involved! Also, we are prepared to have the both properly manned the entire time while I'm out spending all that extra money made from the sales!! ; ^ ) ~ clyde Steelville, MO, USofA http://www.Vinic.com http://www.PeacefulBend.com |