If you’re investing your time, energy, and money into building a new physical or software product, what steps are you taking now to prevent the big players like Amazon, Google, Facebook, and Apple from creating their own versions of your product once you put in all the hard work to prove the market?
If there’s no market for the product you’re developing, the big players will probably never notice your efforts, but my guess is that you’re hoping for and planning for the opposite. You likely have good reason to believe there is a need for your product and that customers will pay for it. Once you prove this (with hundreds, thousands, or tens of thousands of paying customers), why wouldn’t the industry leader build their own version of your product? You’ve probably seen Amazon Basics products popping up, or Apple integrating the latest, greatest app into their core OS. Would they, or the big player in your industry, do the same?
This a problem for you NOW, even if you’re still in the early stages of development. The problem is, you need to file a patent BEFORE you first sell or publicly release your product. So if you wait until your bigger competitors start noticing you, it will be far too late to consider patent protection.
I would love to help you develop a patent strategy and sort through whether a patent would help or hinder your business. This is exactly what our core programs are designed to do, so that your business has a far better hope of holding your own against your bigger competitors when the time comes. Let’s chat! https://theiplink.com/book