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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:
Tagging @biophase as this seems up your alley.
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)
Tagging @biophase as this seems up your alley.
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