Letter for Inventions and Ideas Submissions :
This Letter for Inventions and Ideas Submissions should be written in The Letter-Pad of the Company.
The Sender's Name,
Door Number and Street's Name,
Postal Code : XXXXXXX
Phone Number : 0000 - 123456789
E-mail ID : email@example.com
The Company's Name,
Full Address with Phone Number.
(Use a title that will mean something to the reader, for example:'unique new product for child education market', or exciting newbusiness proposition for sales training sector', or 'innovative new product for the automotive security sector')
Further to our telephone conversation on (date) here is an outline of our proposal.
I am (brief credibility statement - for example: 'I am an expert in the field of [discipline/technology/market, etc], qualified to[qualifications], with [experience]' or 'I own and run the [name]product development company, which specialises in[market/technology] and is (accreditations/qualitystandards/previous achievements]')
We have developed a highly innovative product/solution for the(describe market) sector. Our research indicates that ourformula/invention/technology is unique and will offer significantadvantage over all available similar and competingproducts/services. We can prove/show/demonstrate design,development, production, and distribution viability, a likely unit cost of £/$(cost)/gross margin in excess of X%, and realizable sales volumes of Y,000/million units over N years. We estimate that the investment required for design and developmentnecessary for launch would be in the region of £/$(cost).
Our idea will deliver the following customer benefits : (list 3-5points - do not give away invention or idea secrets - focus on what it does that other products cannot, not how it does it).
For example :
· can be used under water
· meets safety standards for pre-school market
· battery life of five years
We believe that this new product could fit well within the (prospect organisation name) portfolio, given your market strengths, values and customer base, and so we would like to present our ideas to you and your appropriate team.
If you'd like to proceed to the next stage we would expect to sign a mutual non-disclosure agreement, and await your advice onthis.
I'll call you soon to see if you wish to progress matters. Or please contact me.
(The Sender's Signature)
The Sender's Name
This is a typical Letter for Inventions and Ideas Submissions. You have to add your company's name with full address. And the receiver's name and full address also should be added in the place allotted for that purpose. Without those primary details no letter carries any significance. So, you are requested to provide all those important details. Failing which the letter will make a wrong impression about your company and you among the receivers of your letters. This is the most unwanted attitude on your side in dealing with the clients who are the most valued assets of any business organisation. If necessary, leave those spaces blank.
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Letter for Inventions and Ideas Submissions
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