Live Product Search
Edison Nation runs idea searches to match your inventions with the needs of the world’s largest brands.
Simply tell your invention’s story through our secure Live Product Search system. Our team reviews each idea and narrows the submissions down to the finalists, which are presented to the search sponsor.
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- Minimum Advance
- 20 Years Percentage
- of Sales or Buyout
This quarter, the ASOTV team is searching for consumer product innovations that will meet the needs of Americans everywhere. We’re shaking things up: one lucky submitter will win a cameo role in an upcoming ASOTV production, which includes an all-expense paid trip to our headquarters in Charlotte, N.C.!
Do you ponder, “Why didn’t I think of that?” when you come across a witty, got-to-have-it infomercial? Maybe it’s an idea you’ve had before that you now see on the TV screen. If so, you are in luck!
Edison Nation is searching for new and amazing “As Seen on TV” products to launch in the $200 billion+ direct response television industry. Edison Nation will host four searches this year in pursuit of potentially profitable innovations for the ASOTV market. The submissions selected will undergo preliminary testing and with success, move toward a full-scale, nationwide rollout on TV.
Edison Nation has successfully launched some of the highest grossing products of the last couple of years including The Gyro Bowl and Eggies, just to name a few. These products have generated tens of millions of dollars in sales on TV and at retail. We do the “heavy lifting” for our inventors which in most cases includes finalizing the legal work, developing the product, creating the infomercial and investing in the media for the test and launch! And of course Edison Nation funds all that for you!!
Today, more than 63% of Americans watch infomercials. Despite recent economic conditions, the ASOTV industry is booming as consumers show an interest for functional – and novel — products. Over the years, the most successful ASOTV products have come from such consumer categories as: health and beauty, kitchen, cleaning, home & garden, tools, pet, fitness and toys.
When developing your submission, there are some key questions to consider – the same key questions that Edison Nation will ask when reviewing your submission:
- Does your product solve a common problem?
- Is it a problem that consumers already know they have?
- Can the product be easily explained or demonstrated in a visually interesting manner?
- Does your product have mass market appeal?
- Will the consumer find your product’s promise believable?
With all of our quarterly ASOTV searches, the following system applies:
1.) All G8’s (when the exclamation point on your dashboard turns green) whose ideas are selected will have their products tested in various markets. These tests will run on television networks throughout the United States.
2.) Products that pass the media testing stage, based on their positive performance, will be taken to market. For each product selected, a full-scale ASOTV campaign will launch for the product nationwide and the inventor will receive a $2,500 advance of the future royalties. Remember the sky’s the limit when it comes to what you may earn! Edison Nation provides royalties based on the life of the patent or for as long as your product is in the market. If the product is tested but doesn’t move beyond that stage, Edison Nation will transfer the rights back to you and you are free to give it a shot on your own, if desired.
3.) ASOTV media testing and the associated metrics have been highly refined by the industry. If an idea meets the target metrics, a significant amount of resources are positioned behind it to give the product the best chance for success!
There is NO limit to the number of ideas that may be selected for each ASOTV search. And about that cameo? This quarter, we’ll randomly select one person who’s submitted to the search and fly them to Charlotte. This lucky individual will get the VIP treatment behind the scenes at Edison Nation and with our direct response production team. Ever wondered what it’s like to work and play at Edison Nation? Here’s your chance to find out.
Reward: Advance & Royalties
Licensed ideas will receive a $2,500 minimum advance on 20 years percentage of sales or buyout. We split the licensing royalties 50/50 with you on the products that we select. Royalties vary based upon the product but we always earn industry-leading rates.
We ask for well-communicated ideas. This includes filling out our easy-to-use submission form to the best of your ability. Upload images, sketches and any other media that support your idea. Tell us your story. We even encourage you to create a video demonstrating your innovation. Don’t worry. We aren’t expecting a big-budget production. Please keep videos to less than 2 minutes.
Your submission must be unique and protectable. Patent protection is preferred, but certainly isn’t required.