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Competitor has patented my "idea" for a product. What now?

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Hassassin

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Hello guys/gals!

After being the listener to a venting rant with an acquaintance, I've stumbled across a pain point in the women's clothing market that is definitely a problem worth solving for a certain demographic. Long story short, me and my wife have been brainstorming how we'd make the product better for our target demographic and ended with a "perfect" design that we didn't see from other brands major manufacturers. So I started researching manufacturers to get samples/protypes made...but guess what?

Turns out there's an established player already selling this "original" design we brainstormed and they've patented it! Now I'm concerned about this means for the actual product that I have in mind.

Is bringing my product to market basically a disaster waiting to happen?

I've ordered the competitors product to see how it could be improved, but our "perfect" design ended up being the design they're currently using (and having massive success with).

Compared to competitors, we'd provide value to the market by:
  • Costing significantly less - the product is expensive
  • Being targeted towards a different demographic
  • Being branded with a different USP
  • Improving existing features (if possible, that is)
But as a I mentioned above, is it a dumb idea to continue if I don't make any significant modifcations to the product itself?

Tagging @biophase as this seems up your alley.
 
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O fup'v jewi epz iyqisoipdi xovj qevipvoph us huoph aq eheoptv e qevipvif qsufadv, cav ov tuapft moli zuas "pix" fitohp ot puv pix. Zua esi cetodemmz duqzoph tuniupi imti't qsufadv epf vszoph vu timm ov gus djieqis.
 
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Xjip vjoploph ug nepagedvasoph e pix qsufadv, ov qezt vu hu fiiqis vjep 3 qehit up Huuhmi :)
Zua’f civvis ci foteqquopvif ev vjev quopv , puv mevis.
 
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E qevipv cioph "ucwouat" ot iggidvowimz tezoph vjev vjios fitohp otp'v puwim ipuahj vu xessepv qevipvoph op vji gostv qmedi. E wisz cetod iyenqmi ot vji xjiim - iwip og pucufz vjuahjv ug ov cigusi, ov't ep ucwouat tjeqi vu nuwi vjopht esuapf xovj. Zua duamf eshai vji hipisem tjeqi ug e vimiqjupi ot ucwouat et ximm - e nuavjqoidi epf ep iesqoidi ot e qsivvz ucwouat tumavoup vu vemloph/motvipoph.

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Qistupemmz, O vjopl ov xuamf ci ietois puv vu hiv opwumwif op vjot gohjv apmitt ov't vji jomm zua'si xommoph vu foi up.

Onqusvepv puvi - O'n puv e qevipv iyqisv. O nisimz xuslif ev e gosn vjev fof iyviptowi qevipv xusl gus jahi johj vidj dunqepoit (peni 10 vidj dunqepoit, xi xuslif xovj 9 ug vjin epf qsucecmz duamfp'v xusl xovj vji 10vj cideati ug dupgmodvt ug opvisitv). Cetodemmz e muv ug johj miwim dupdiqvt 'saccif ugg' up ni. Fup'v veli nz efwodi us dunnipvt jisi et hutqim - og zua xepv vu gohjv vjot, zua piif vu veml vu e mexzis.
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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