Welcome to the forums!

Our encouraging community is a dedicated resource for innovators everywhere.

Learn about industry trends, common questions,
and stay informed of the latest happenings at Edison Nation.

Wanted: Suggestions for Live Product Search FAQ!!!

johnm's Avatargold

Active forum posters…In your opinion, what are the most frequently asked questions about the Live Product Search. I’d like your input before we update the FAQ page. Thanks!

posted    Report this topic
Reply
hollyshoe's Avataree_badge

I think one, is when/if you can enter one idea into one or more searches. How you do it? and the fact you don’t have to pay another $25 each time.
And when should you do it- for example if you are at G7 can you still enter it into another search?
Basically- everything about this situation. This is always a big one for newbies :-)

posted    Report this post
toni's Avatarg8_badge

Tania, Thanks xo

posted    Report this post
mger80's Avatarg8_badge

I also would say the biggest question seems to be what each stage means.

posted    Report this post
djacobs's Avatar

why does stage 4 (research and development) take longer than all the other stages?

posted    Report this post
gaiagroove's Avatar

I think Tania hit all the major questions. Go Tania, Go Tania. Toni, it’s so fabulous to put a name to the face!!!!! Yay for your new pic!

posted    Report this post
kalelkent's Avatar

Show me the money!!!

If I am selected, how much can I make, and when?!?!

posted    Report this post
kalelkent's Avatar

Do you guys give feedback for my product???? LOL!

posted    Report this post
miked's Avatar

How about – How many ideas can or must be selected by the search sponsor?

posted    Report this post
toni's Avatarg8_badge

0 – ZERO

posted    Report this post
johnm's Avatargold

Great questions! Thanks for you help.

posted    Report this post
roadwarrior's Avatar

You guys covered good questions that I think are needed. I got a few more that are not as good, but might be fair game for EN to consider.

OK here I go…

1. Is here a way to determine the length of the scheduled time for a search from the time it is born – to the time the finalist are chosen? (Some searches may have a longer based on the sponsors timetable.)

2. Is there a predetermined value of time and effort the EN staff takes per stage of review? (i.e. Say the total value of search is 100, then the value assigned to each stage might be: 1=5, 2=10, 3=10, 4=25, 5=15, 6=20, 7=10, 8=5. This way folks can get a feel for the anticipated time and importance for each stage.)

3. Are there market price point thresholds for each search that the sponsors are looking for? Is there a cost to profit ratio that should be considered?

4. Is there a simple feedback statement to why a submission does not succeed? (Not looking for an epistle here, but a short 2 sentence statement or a reference a standardized grade system of reasons to drop submissions)

5. Is there a reference to the number of participants who started, got dropped per stage, and number of acceptable applicants. (Maybe a weekly report?)

6. Is there a search manager assigned to each search? If so, can I send confidential questions about my submission, instead of an open forum?

7. Is there a calendar of annually scheduled searches?

8. Is there a index of success stories?

9. Is there a simplified ‘straight talk’ explanation of the contractual obligations for all parties? And what stages the obligations kick-in, and for how long is the term of commitment?

That is it for now.

posted    Report this post
kjhent's Avatar

These may not be frequently “asked” but we’re sure they are frequently “thought” ….

If a company selects a product and signs a contract, is it an exclusive contract? If so, for how long? Will the product ever be able to be marketed through other companies or venues? Does the contracted company have the ability to re-license the product to other companies or does EN have that ability at some point?

Once our product has been picked up by a search sponsor, what does EN do on the inventor’s behalf? Do they follow up with the search sponsor? Are they involved in the manufacturing process? Are they a liaison between the inventor and the search sponsor or is the inventor “out of the loop” at that stage? (We really don’t mind just sitting back and cashing the checks!)

What, exactly happens to our product once we’ve signed a contract with a search sponsor?

Oh, and…what do each of the dashboard stages really mean? ;)

posted    Report this post
nospohenterprise's Avatar

Matt or John,
First of all Happy Holidays, When a submission is X’d for reasons of prior art, Prior patent, very similar product on the market, not protectable, not marketable or any reason that the entry is not suited for any search because of reasons above or not mentioned.

Then can a feedback be given and the product removed from the database. This way you will not have to keep spending time on the same product and also it’ll give the product holder the heads up not to put anymore time,effort or money into it?

posted    Report this post
johnm's Avatargold

Chic,
Interesting question. We will have to consider your request.

Everyone,
These questions are great! I’d like to point out that my intention in this thread is to capture the most common questions and respond to them in an updated FAQ. I am not planning on responding here. With a few exceptions, we’ve answered these questions in other threads.

Thanks again!

posted    Report this post
kalelkent's Avatar

Chic, I actually tried asking that question yesterday and couldn’t figure out how to word it. I came up with “If you think our idea sucks, could you let us know so we will stop entering it into new searches?”… as you see, I never perfected the wording! :)

posted    Report this post
kalelkent's Avatar

I guess the difference between what you asked and what I am asking is that you are still asking for feedback. I just want to keep from bugging them with something they don’t want to deal with, sort of like the ab belt idea on season 2.

posted    Report this post
roadwarrior's Avatar

I agree with Robert. It gives hope that your product may have life, or slaps you hard to wake up and do something different.

Maybe EN could flag ‘waste of time’ submissions and have some dialog. If there was a misunderstanding of a submission, it might give the an opportunity to correct it. i.e. EN:‘Too Expensive’, Response: WHAT? This can be made less than 20 percent of the target market price, if you use @ instead of $%^&##. EN: Oh!, we never thought you meant @.

I know EN does not have the resource of time and effort to defend every decisions made, but could there be a threshold a submission needs to pass like G6, to get such feedback privilege. Otherwise the reason for being dropped could be a code reference to a index table of reasons.

posted    Report this post
roadwarrior's Avatar

Robert, I would like to go to G7, just to have it as support that my concept or product has some mojo. I would include that fact in my business plan, along with the other ‘intent to distribute’ letters I received. Just trying to get something back for my money thrown to EN, should that happen to me.

posted    Report this post
gaiagroove's Avatar

IMO, the $25 is well spent, even based on speculation of the levels of the dashboard. Thankfully, my idea DID reach the G7 threshold, which means, I paid $25 for an evaluation that proved what I believed in to begin with… my idea is viable and commercially marketable. To EN, I am forever grateful for that.

The R8 sucked but I believe in the timing of the universe. The fact that I did ANYTHING at all with this idea has given me momentum… and those of you who have reached the G7 level, hopefully, it will give you momentum too. ;~)

posted    Report this post
darrell's Avatar

I’m not sure if this question has been asked, but if you have a invention on a live product search can you take the idea to a casting call as well. The reason for asking is I’ve readed that some people have ideas on product searches and have had no movement on there dashboards in months, would this work for allowing other retailers to see your idea instead of just the ones looking for that certain product. I was thinking with the casting calls there might be a retailer that would like to get the idea and if it’s just on live product search then the only one that will view the idea is the one putting out the search……any info or answers will be great.

posted    Report this post
cheryl's Avatar

Hi Darrell,
Yes you can bring any ideas submitted to LPS’s to a live casting call. I think your best shot that retailers will see your product is to bring a “refined prototype” along with you to the casting call. Matt or John can answer more specifically to that suggestion. But, you can bring products you have submitted to sponsored searches to casting calls!

posted    Report this post
darrell's Avatar

Hey thanks for that cheryl I was not sure if you could, because of the agreement for the live product search, but when you think about it you are only showing the product to the people you have already submitted it to and maybe giving yourself another shot at some retailer saying they like that invention and would like to give it a chance in there line, well thats cool thanks.

posted    Report this post
caitlyn4kids's Avatar

I am new here and entered the BB&B woman search. I only had one idea and I am not trying to “get rich quick” from it, so to speak. I thought it’s a great idea and I know several people who would purchase it, if available. It’s cheap to make, market and sell and was worth a try. I to, like everyone else, wanted to know what the stages meant. It’s a simple question. It really ticks me off that this “EN team” can’t answer a question that has been asked over 25 times on these forums. Enough farting around with it, stop jerking us around with these answers that don’t answer anything. If it’s a secret, please just state that you can’t let us know. I am starting to feel like I am getting the run around.I am sure every new person has asked this same question. Make a simple explanation for each stage and post it below the dashboard symbol. No one would ask anymore. I know this site is fairly new, but come on. The most important thing to all you people is knowing what it going on with your idea on a daily, weekly, stagely (is that a word?) basis. We pay $25 per idea, just let us know what each stage represents for goodness sakes!!! As far as them telling each individual why there idea wasn’t choosen, come on, they can’t do that! We come online, we pay $25 and we think we are entitled to a huge explantion on why our idea wasn’t picked? How can you even expect that? It would take far to long for them to do that. If you want that type of feedback, I think they should give you the option of paying for it. But I agree with the website that it’s just not possible with the amount we are paying. They are normal everyday people like us, who are probably so overwelmed by the amount of entries they are receiving that to even add that feature for free would put them under. If my idea flops, oh well, I tried. I don’t feel like I would need further information about it. If you want further info, then submit your idea to a company that does give you the feedback. But remember with it comes a huge price tag, which in reality is why most of you are here and not there. I hate to sound like a mean bitter woman, but I am just trying to explain why they can’t give everyone the feedback they think they need or deserve.I am just sick of reading those two questions that are brought up over and over again.

posted    Report this post
caitlyn4kids's Avatar

Yes , I know I can’t spell. LOL

posted    Report this post
dond's Avatarg8_badge

Hi, I just recently started entering product ideas and also was curious about folks talking about G7s, G8s and R7s. Looking at the dashboard status I could see that it was numbered 1 – 7, but no 8. Also what did the G and R mean? I had a crazy dream one morning and in the dream I remember looking at the EN dashboard and noticed the color of the status bar was green and I realized that green was “G” and that if the color of the status bar turns red then your product idea for that search is no longer wanted. The red color of course is the “R” that we all dread. So I understand G1 – G7 and R1-R7, but not certain about G8 and R8. I assume that it means your product is going to be licensed. I also kept the following information when I submitted my last product idea. I think it help explains what’s going on.

  • Thank you for your submission. The Edison Nation Team evaluates ideas on an ongoing basis. Follow the progress of your submission(s) via the Inventors Dashboard. Please do not send any prototypes or physical materials unless we ask you to. There are three main stages in the evaluation process. Stage 1: Preliminary Metrics. We quickly search to identify the robustness of the target market, uniqueness of the concept and protectability. Stage 2: Database. All ideas that pass the stage 1 evaluation are added to the Edison Nation Database and begin Stage 2 evaluations. Stage 2 evaluations include a more in-depth study of uniqueness, marketability and protectability. Additionally, the Edison Nation Team evaluates each submission’s manufacturability and fit with retailers needs and core business values. Stage 3: Retail Presentation. The ideas that best fit the current goals of the search will be presented to the retailer for review. The retailer may choose to commercialize any number of the ideas submitted.
  • Please continue to maintain inventor notebooks, documenting the continued development of your concept.
  • Product ideas are judged on:
    o Uniqueness of Concept
    + Search database for similar ideas. Use data mining by searching similar categories for key words.
    o Marketability
    + Solves widespread problem or issue and therefore represents a significant market opportunity
    + Broad market appeal
    + Mainstream need
    + Robust product category, large & growing is preferred. Market size.
    + Product idea price point
    o Quality of potential intellectual property protection
    o Manufacturability
    + Fit with the Edison Nation Team Resources
    + Solution can be made with existing technology/resources (no time machines or hover cars)
    + Can be manufactured cheaply enough to sustain significant margins at target retail price
    o Good fit with retailer image/brand/core values
  • The best ideas are presented to retailers
posted    Report this post
daisykat's Avatar

You pretty much nailed it Don. Any submission that makes it to G7 is a finalist and is presented to the sponsoring company by EN. If the company accepts it for licensing, then it goes to G8 once the contracts are signed. If the sponsoring company passes on the idea, then it goes R8.

There is a lot of info on these threads about what the various stages mean. If you type “dashboard stages” into the search at the top of the forum page, you should find the answers you are looking for.

Good Luck!

posted    Report this post
rstoddmd's Avatar

After weeks of waiting at G3 for the HS I finally made some movement. Unfortunately it went from G3 straight to R5 (luckily I still have 3 more waiting on G3)! I would appreciate help with a general interpreting of this. I take it to mean that the idea is marketable from an R&D standpoint but you did not feel it was a good match for HS. Would that be a reasonable interpretation? Thanks.

posted    Report this post
kiskom's Avataree_badge

Hi John,

I pitched my invention idea to “As Seen on TV” last Friday on 6/1/09 to the CEO Mr. AJ. Khubani, and a panel of judges. This was a very thrilling positive experience for me. I made it to the finals and Telebrands requested to further review my product idea. What I need you to know is that this product idea is entered in your current database contest for “As Seen on TV”. I opted out to avoid any confusion. However, the live product search bar for “As Seen on TV” still appears. I just want to make sure that I am not in the contest.

Thank you for all the Live Product Searches,

Mary

posted    Report this post
penster's Avatar

Mary, where was your dashboard at the time? Looks like you made it to Everyday Edison and thus they have first rights. JMO

posted    Report this post
kiskom's Avataree_badge

Hi Penny,

My invention was only at G3. The contest is still open. I opted out prior to pitching my idea to Telebrand. Company. I thought I had a golden opportunity to pitch my idea, so I did just that………. In the contest my idea may or may not have been chosen by the EE product review team to move forward in order to be presented to the company. What I have learned from my experience is that know one can sell a product like the inventor himself.

I have read on other posts that we can opt out of a contest as long it is prior to obtaining a G7. John is this true can you clarify for me and make sure that I opted out of the contest but remain in the database.

Thanks,

Mary

posted    Report this post
joseph's Avatar

John Hi,

once you have submitted a idea in the Yahoo make it green live product search, can your friends from EN vote for you?

posted    Report this post
penster's Avatar

Mary: You might try to send John an email. He is very busy but usually responds. Also check out the support section (top right of screen). You can post question there and see if it is just a technical “glitch”.

Congrats on your progress and good luck all the way! Keep us posted.

So, you are an everday edison? One of the previous searches?

Take care and good luck to all!

posted    Report this post
mger80's Avatarg8_badge

Hi Mary,

Congrats on your pitch – very exciting! I would email Matt or go to the support section (link at top right corner of page) and open a discussion with tech support. I should think the dashboard is supposed to disappear if you opt out. I don’t believe your idea is supposed to remain in the database because you are not a Gold member. I think you would have to pay to enter it again, but hopefully you won’t need to!

Penny,
Mary and her friend were co-inventors that were on the last season’s Everyday Edisons show.
http://www.everydayedisons.com/lisaMary.html

posted    Report this post
ajpurves's Avatar

Come on guys, leave us hanging on a Friday with G5’s and 6’s and the presentation is Monday! You guys are cruel :)

I know you guys R working long and hard, just wanted to give you a hard time and to let you know we’re thinking of you just as much as your thinking of us going through all those brilliant ideas!

Good luck with the presentation!

posted    Report this post
penster's Avatar

Presentation is Tuesday, as my calendar shows?

posted    Report this post
ajpurves's Avatar

your right! I lost a day somewhere. Probably kids getting out of school for summer…..Trying to fast forward that I think.

Anyways thanks Penny. I had it in my head Mon was the 9th My Bad!

posted    Report this post
matt's Avataren_staff_badge

I think John is on an airplane at the moment on his way back from the WD-40 search (it went great, btw, but more form John about that when he returns)…

Mary, please click on support in the top right corner of the site and submit an issue. Our team will look into it. Don’t worry, if you’re opted out, you have no obligation to us. We’re in the process of completely re-engineering all of the LPS code so if that’s a bug, we’ll make sure it doesn’t show up in the new code, which we’ll be launching shortly. My support team can also remove your dashboard for you for that search.

As a point of clarification for everybody, “As Seen on TV” is not a company – it’s really an industry. Our ASOTV search includes many of the top players whom we have learned to trust through our experiences with them.

One other note, this forum was originally created to get suggestions for the LPS FAQ. Not to answer specific questions; therefore, it isn’t monitored as often as the real LPS support forum, which is here: http://www.edisonnation.com/forums/expert-q-and…

posted    Report this post
dmccammon's Avatar

How do we communicate with Edison Nation after we submit a product?

I have followup information that might be helpful in their evaluation but there’s no email address.

posted    Report this post
matt's Avataren_staff_badge

Don,
Just edit your idea here with the updated info:
http://www.edisonnation.com/dashboard/live_prod…

If you have a tech support issue, you can contact us at http://support.edisonnation.com

posted    Report this post
marczev's Avatar

John:

You should have a LPS for entertainment kitchenware. You know, new cool things to enhance the entertaining experience. Clever serving dishes, unique cutlery holders, stuff like that.

posted    Report this post
deemcbee's Avatar

Hi John,
Been out of Edison for a bit…so pardon if my question is answered somewhere in the bowels of EN…

Where can I go to see all the products/ideas that have been sold in the marketplace as a result of submission and the process through Edison Nation?

Thanks for helping me.

Deemcbee/Opportunityknocks1

posted    Report this post
marlasball's Avatar

Hi Donna,

A list of inventors who have been selected through Live Product Searches can be found on the Edison Nation home page, www.edisonnation.com, under “Live Product Search Success Stories.” In order to protect the intellectual capital of the invention as it is being refined and launched, we do not share details of the idea until it is released in the marketplace.

Bringing an idea to market is not a quick process. We have been hosting Live Product Searches for just over a year. The search sponsor has up to 18 months to develop an idea into a product and begin selling it (or to at least start paying sales minimums), so we anticipate seeing the first products hit the store shelves in the near future. In a more robust economy, we would expect that the ideas might get to market slightly quicker but in this economy, everything usually takes longer. We’re looking forward to the days when each step in the complicated product development process is boosted in speed by an economic turnaround.

Edison Nation has brought many inventions to the marketplace via the Emmy award-winning “Everyday Edisons” PBS television series. Keep in mind, the development of these products was also not overnight. We have begun sharing these success stories on our blog and will continue to do so: http://blog.edisonnation.com/?cat=27.

posted    Report this post
deemcbee's Avatar

thanks Maria.
I hope that there will be a more obvious and easy listing of every EN invention that hits the market. EVen if it’s just one or two now, I think you should headline these. It will give all of us a reminder that this system does work. Thanks.
Dee

posted    Report this post
creative2br's Avatar

I’ll ask about something that just occured to me. I entered one product in two searches. If I understood correctly the first submission has priority. At this time it is the second submission that has moved ahead. My question is if the second company is interested do they have to wait until the first company has decided if they want the product themselves. I think this answer may already be there but am not sure how to find it as I am new to the site. Another product submitted was rejected by the first company. I have yet to include pictures etc of a prototype, once I have done that is it possible that the first company decide to review the submission once again. thank you

Mary

posted    Report this post
creative2br's Avatar

I don’t know if this is asked often but I would like to know how you find new topics and posts. When you click on a heading you get many subjects in that heading. The way I find a new one is to go down the list and find the ones with the shortest time delay. On that note I would make a suggestion that the latest posts be put first. That way one doesn’t have to go to the last page to see them. Thank you

Mary

posted    Report this post
creative2br's Avatar

we’ve answered these questions in other threads, you said/ First of all thank you. Second how do we find them pleae. As you may be able to tell I am new here :)

Mary

posted    Report this post
cattycatranch's Avatar

Mary,

You can follow forum topics two ways: by clicking on “Show Forums” or “Show Topics.” I think you’re looking at the “Show Forums” page. IMO, it is easier to follow forum discussions on the “Show Topics” page.

Click on “Show Topics” (highlighted in small red print just underneath the word “expert” at the top of this page.

Also, click on the green “Show Preferences” button above right, and you can choose to see the newest posts first.

Hope this helps!

posted    Report this post
creative2br's Avatar

thank you very much for the information.

posted    Report this post