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Max Online: 36273 @ 01/23/13 02:34 PM
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#10757870 - 04/10/15 12:36 AM Innovative boat idea....
crankn101 Online   content
TFF Team Angler

Registered: 04/12/07
Posts: 3998
Loc: Longmont co.
Lets say a person has an innovative boat accessory idea, how much could he sell it for and what boat manufacture would be best to contact or most likely to buy a cutting edge idea?
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#10758019 - 04/10/15 07:20 AM Re: Innovative boat idea.... [Re: crankn101]
Andrew Y'Barbo Online   content
Extreme Angler

Registered: 06/25/12
Posts: 1218
Loc: Lufkin Texas
Without knowing more info, how could we even estimate a price?

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#10758026 - 04/10/15 07:25 AM Re: Innovative boat idea.... [Re: crankn101]
patriot07 Online   content
TFF Guru

Registered: 04/20/10
Posts: 17553
Loc: chateau d'if
If your cutting edge idea is a revolutionary cup-holder, I'm going to say around $5. If you have sonar technology that finds the biggest bass in the lake and casts your bait directly in front of him, I think around $50,000. So you're going to have to give a little bit more info if you want a price guestimate. My unofficial answer is: somewhere between $5 and $50,000.
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#10758046 - 04/10/15 07:33 AM Re: Innovative boat idea.... [Re: crankn101]
UTDmiller Offline
Extreme Angler

Registered: 10/01/13
Posts: 1749
I suggest putting it in for a patent immediately. Even a $5 cup holder on 50,000+ boats is a quarter million
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#10758055 - 04/10/15 07:35 AM Re: Innovative boat idea.... [Re: Andrew Y'Barbo]
Fishinfellow Offline
Extreme Angler

Registered: 01/12/10
Posts: 2715
Loc: North Richland Hills, TX
Originally Posted By: Andrew Y'Barbo
Without knowing more info, how could we even estimate a price?

+1
hmmm
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#10758056 - 04/10/15 07:35 AM Re: Innovative boat idea.... [Re: crankn101]
basspromaster Offline
Extreme Angler

Registered: 02/22/08
Posts: 2310
Loc: Stephenville, TX
Patent the idea first and foremost. I would believe Nitro, Skeeter, and Ranger will have the biggest budgets for an innovative idea.
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Politicians, baseball players, high-powered corporate CEO's they all seem to eventually let us down. Nature, however, does not. Look to her for inspiration and you will learn the secrets to living a good life. The most Important lesson it would seem is to make sure you spend as much time fishing as anything else.

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#10758064 - 04/10/15 07:43 AM Re: Innovative boat idea.... [Re: crankn101]
ezbassin Offline
TFF Guru

Registered: 01/15/04
Posts: 12487
Loc: Mansfield, Tx.
Put it out on Kick starter.

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#10758076 - 04/10/15 07:51 AM Re: Innovative boat idea.... [Re: crankn101]
Bassdeer Offline
Pro Angler

Registered: 08/23/06
Posts: 539
Loc: The Colony TX
Hate to say it but, Nitro and Bass Pro, that's where your going to make the most money. IMO

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#10758107 - 04/10/15 08:09 AM Re: Innovative boat idea.... [Re: crankn101]
crankn101 Online   content
TFF Team Angler

Registered: 04/12/07
Posts: 3998
Loc: Longmont co.
Interesting thoughts, I wasnt sure if a manufacture like Basscat or a bigger company would be more likely to fork out some dough.

I know every single person with a bassboat would want this on their boat.
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#10758120 - 04/10/15 08:16 AM Re: Innovative boat idea.... [Re: crankn101]
9094 Offline
TFF Celebrity

Registered: 08/11/09
Posts: 6343
Loc: Albany
If you don't patent it they can just say thanks and make it themselves.
If you tell anyone about it before you have applied the person you tell can patent it first and you loose.
If it is something you really want to pursue talk to a patent attorney first.

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#10758179 - 04/10/15 08:40 AM Re: Innovative boat idea.... [Re: crankn101]
Bobby Milam Online   content
Extreme Angler

Registered: 07/13/14
Posts: 2250
Loc: Arlington
First you have to do a patent search to see if someone else already is preventing you from creating it, then apply for a patent. Since you are asking the question that you did, I would assume that you are going to need a patent attorney. After you invest about $25,000, you will be ready to present it to boat companies and see I'd they are willing to do anything with it.

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#10758259 - 04/10/15 09:21 AM Re: Innovative boat idea.... [Re: crankn101]
Bissett Offline
TFF Team Angler

Registered: 07/09/13
Posts: 4089
Loc: Broken Arrow, OK
Man you got me curious now. You gotta let us know what it is at some point!
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#10758271 - 04/10/15 09:26 AM Re: Innovative boat idea.... [Re: crankn101]
badfishxD Offline
Outdoorsman

Registered: 12/04/12
Posts: 110
Loc: Oglesby
I have extensive knowledge on this matter. Fist things 1st, DO A PATENT SEARCH! Hire a attorney or use legal zoom.

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#10758526 - 04/10/15 11:35 AM Re: Innovative boat idea.... [Re: badfishxD]
reelswift Offline
Angler

Registered: 01/26/13
Posts: 465
Originally Posted By: badfishxD
I have extensive knowledge on this matter. Fist things 1st, DO A PATENT SEARCH! Hire a attorney or use legal zoom.


Plus 1

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#10758580 - 04/10/15 12:08 PM Re: Innovative boat idea.... [Re: crankn101]
David Burton Offline
Extreme Angler

Registered: 07/14/11
Posts: 1630
Loc: McKinney, TX
in order to present to companies after you have your patent, you will want to develop some prototypes.

Oh, try and comoditize the product. Get multiple buyers!


Edited by David Burton (04/10/15 12:10 PM)
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