What Happens After I Submit My ASOTV Product? « Inventive Ideas, LLC

Do you have the next ASOTV product?

Selecting the right partner for your ASOTV product is an important consideration.   You get one shot.   Our industry is very small, with many family feuds and strategic alliances.    We all talk.   We all compete.

Let someone to test your product and let real consumers be the final judge.

Before You Submit Your Product

How To Submit My Invention

What happens after you submit your ASOTV product? 

Carrie Jeske will review each product according to the 7 criteria for ASOTV, then email you feedback and/or present to the appropriate prospective licensee.    Reviews on products are quick.

You’ll be given feedback along the way.

So you can improve your inventions.

If the investors want to move forward, you’ll recieve a term sheet with conditions for a license agreement.  They’ll invest $5,000 in an online market test and/or  $25,000 for a 60 second commercial.    If the test does well, the investors will fully fund your product and take it to full mass market retail.   If the product viablity test is unsuccessful.

Then product is released back to the inventor.

Products are not considered. Unless their experience justifys a belief that the product can sell a million pieces per year, minimum.  For the inventor, this translates to a minimum royalty of between $330,000 for every million units sold.   Successful TV products are quick splash wins and have an average life cycle of 1- 5 years.

Keep inventing and learning if the first few don’t succeed.   Sometimes success is a learning process.  Free educational videos are coming soon so keep checking back.

Carrie Jeske