Archive for September, 2011

Page 1 of 41234

Meet the EN Team: Chris Engler

Friday, September 30th, 2011

If you enjoy the look and feel of Edison Nation emails, or find our website graphics aesthetically pleasing, meet the team member whose creativity brings those designs your way, Chris Engler!

Q1. What is your position within Edison Nation and what does it entail?

A. I’m a web/UX designer. My job involves designing graphics and working on front-end code for edisonnation.com, and weekly email communications to Edison Nation members. I also help provide art for day-to-day things like press releases, Live Product Searches, and whatever else comes down the pipe.

Q2. What do you enjoy most about working at Edison Nation?

A. Not only do I get to work with some very smart people who appreciate my work, but we’re located in a cool old industrial building near Uptown Charlotte and tons of good lunch spots.

Q3. What are the 3 things on your bucket list?

A. Take boxing lessons, learn how to play banjo or guitar, and own a beach home. Some of these goals are more realistic than others.

Q4. If your life had a soundtrack, what’s at least one song that would be on it?

A. “Do You Realize?” by The Flaming Lips. It’s a musically rich and compelling song with a bittersweet message.

Q5. What do you think is the greatest invention in your lifetime and why?

A. Broadband internet access. It has fundamentally altered the way human beings communicate, helped ignite revolutions in oppressed countries, and (much less importantly) allows me to make a living.

Stay tuned for next month’s “Meet the EN Team” where you’ll meet an Edison Nation staff member who gets up close and personal with member submissions!

How to Price Your Product

Friday, September 30th, 2011

One Part Art, Two Parts Science By Jack Lander Whether you plan to license or manufacture and sell your invention yourself, at some point you’ll need to determine the cost of your final product. If you plan to go the manufacturing route, you’ll need to know in advance whether you can produce at a cost [...]

Read the full article on InventorsDigest.com »

Sure Fit Licensing Deal for Edison Nation Member, Anne Daniels!

Thursday, September 29th, 2011

In March of this year, we launched an innovative product search in partnership with slipcover and home solutions providers, Sure Fit. As the “covering experts,” Sure Fit hoped to find and develop new innovations to further its position as an authority in providing premier furniture covers and home accessories.

We are, now, pleased to announce that as a result of that product search, Edison Nation member, Anne Daniels’ wheelchair cover has been selected for a licensing deal with Sure Fit!

When Anne moved her mother into a nursing home in their native Massachusetts, she wanted to make the transition as comfortable as possible. With her mother wheelchair-bound, however, Anne noticed that her chair, made of vinyl and chrome, would make the goal of comfort one that was easier said than done. This sparked an innovative idea to create a wheelchair cover that would provide both style and comfort to the utilitarian aesthetic of wheelchairs.

Anne submitted her idea to our Sure Fit Live Product Search and in May 2011, the Edison Nation team selected Anne’s wheelchair cover as a part of the final presentation to Sure Fit. In what has proved to be an exciting and quick “product-to-showroom” experience, Anne’s wheelchair cover is well on its way to going mainstream!

Sure Fit’s Wheelchair Cover Market Week Showcase
Most recently, Anne’s wheelchair covers were proudly displayed at a Sure Fit Market Week presentation in New York, which was attended by several soft good industry retailers and manufacturers.

We couldn’t be more excited for Anne and anxious to see how far her product goes in the months to come! Please join us in congratulating her on this exciting news!

201 Great Ideas for Your Small Business

Thursday, September 29th, 2011

By Edie G. Tolchin With tips from the zany (send a pizza to potential clients) to downright ballsy (hire an ex-con), Jane Applegate’s arrow hits the bull’s eye with 201 Great Ideas for Your Small Business. The book, in its third edition, is a must for those contemplating developing new products. Readers should pay particular [...]

Read the full article on InventorsDigest.com »

$1 Million SkyMall Challenge

Wednesday, September 28th, 2011

Who can resist flipping through SkyMall Magazine while on a flight and making a mental tally of all the cool products and gadgets to order once you land? But, did you ever imagine that YOUR product could be one of those items?! If you have an idea that could be the next must-have SkyMall product, we have a search for you! For all product ideas worthy of a page in the mag placed in front of 1.6 million travelers daily, Edison Nation will invest up to $1 million to get it there.

The search will close Monday, January 9, 2012 at 11:59pm PST. To learn more and submit an idea visit www.edisonnation.com/skymall.


USPTO Ready to Defend Patent Reform Law

Wednesday, September 28th, 2011

Get ready for a fiery conversation about the new patent reform law when Robert L. Stoll, Commissioner of Patents at the U.S. Patent and Trademark Office, takes to Got Invention Radio hosted by Brian Fried on Thursday. The show is 8pm ET/5pm PT. Click on the “listen live” button on the homepage, www.gotinvention.com. Call 877.474.3302 or email your questions [...]

Read the full article on InventorsDigest.com »

Infomercial vs. DRTV Spot: What’s the Difference?

Tuesday, September 27th, 2011

Today we launched our 2011 4th Quarter As Seen On TV (ASOTV) Live Product Search. If you dream of seeing your product idea available online or on TV for call-in orders, this search is for you! You may even be planning the logistics of your infomercial debut in your head as we speak. Did you know, however, that not all of the Direct Response Television (DRTV) ads you see are classified as infomercials? In addition, have you ever wondered why you sometimes see a one hour program dedicated to a DRTV product, while they are at other times advertised with the average-length commercials between your favorite TV shows?

In order to explain the answer most clearly, let’s first break down a few definitions:

  • Direct Response Television (DRTV) — Any television advertising that asks consumers to respond directly by calling a toll free number or logging onto a website to order the advertised product or service.There are two types of DRTV: long form  and short form. Industry experts use the term “infomercials” to denote long form DRTV and “spots” to denote short form DRTV.
  • Short form (otherwise referred to as “spots”) — Typically 120 seconds in length, but given media availability, could be shorter (e.g. 60 seconds).
  • Long form (otherwise referred to as “infomercials”) — Typically 30 minutes, but can also include programs that are 5 minutes in length and 15 minutes in length.

So, how is it determined which format is used? A product’s unique selling features and price point in most cases, but not all, is the determining factor. Products that require more time to educate the consumer and create awareness are usually aired in a long form format (infomercials); these products are also typically higher price point items. Easy to understand products with lower price points are, conversely, typically first tested in the short form format (spots) and if they are successful, this is the format in which the ad will air.

The next question you may be wondering is which type of products we look for in our ASOTV Searches. Those that can be sold in a 2 minute spot, or those that require a full-length infomercial?  In short, the answer is both! While it is the ideal scenario that a product is able to be clearly demonstrated and appeal to the consumer in 120 seconds, thus invoking an impulse buy, there are also products that are much more complex and require more time to demonstrate their function to the consumer; this is where infomercials come in. Here at Edison Nation, we’ve run spots and infomercials of all lengths from 30 seconds (e.g., Gyro Bowl) to 90 seconds (e.g., Eggies) to 30 minutes (e.g., Workout180) and everything in between. So the the type of ad your product may receive will be simply based upon the format that best demonstrates the product’s functionality to the consumer. We work with each individual product to determine which length and version of the ad has the greatest positive impact on sales and that it was will ultimately appear on television.

As another layer, naturally, long form ads require an even larger investment in both product development and media expenses. So, while we are happy to accept product ideas that would require a long form campaign in order to be successful, to justify the expense, these products are also held to a higher level of scrutiny than a product that could be sold in a much shorter DRTV spot. Please understand that this does not disqualify the more complex, infomercial-appropriate products. It does, however, raise the stakes — but in raising the stakes, if your product proves successful, that bet will likely pay off at higher odds!

Now that you’re equipped with the knowledge you need to create the next hit product for an infomercial or DRTV spot, we and our ASOTV partners look forward to receiving your submissions! Don’t forget this search closes Monday, November 21, 2011 at 11:59pm PST.

If you are looking for even more ASOTV resources, be sure to check out our post, The As Seen On TV Option: What Does it Mean?

USPTO Boosts Fees

Tuesday, September 27th, 2011

The United States Patent and Trademark Office boosts certain patent filing fees 15% today, as part of the America Invents Act that President Obama signed into law earlier this month. See the full list of fee changes. The USPTO is not offering the micro entity discount of 75% on any fees. The Office said in [...]

Read the full article on InventorsDigest.com »

USPTO Boosts Fees Today

Monday, September 26th, 2011

The United States Patent and Trademark Office boosts certain patent filing fees 15% today, as part of the America Invents Act that President Obama signed into law earlier this month. See the full list of fee changes. The USPTO is not offering the micro entity discount of 75% on any fees. The Office said in [...]

Read the full article on InventorsDigest.com »

30 Million Eggies Contest Results!

Friday, September 23rd, 2011

Thank you to all of you who participated in our 30 Million Eggies contest!

So, just how many miles would 30 million Eggies extend?

Given that Eggies are approximately 3.5″ in length, the correct answer is 1, 657.2 miles!

Congratulations to all of our winners and egg-cellent job on guessing correctly! Be sure to check for an email from us and send us your full name and address, if you haven’t done so already, so we can ship off your set of Eggies!

Again, we appreciate everyone who participated! :)

Page 1 of 41234