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Insider Licensing Preparation Stage Question

alexcarzola's Avatargold

Does every idea applied to the Insider Licensing get this  same message?

Congratulations! Your idea has now entered the Preparation stage. Our team is hard at work preparing your idea for potential licensing opportunities.

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magurn's Avataren_staff_badge

Hi Alex!

Yes, this is a standard message when your idea is submitted.

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keeztan's Avatargold

(Participation Trophy for would be Geniuses )

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woodysa's Avatargold

My idea has been in the 'preparation phase' for a little over two months; just wondering if this is common? This idea was selected and pitched to Pampered Chef, so I thought it may have already been prepped by the team.

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sgdromms's Avataren_staff_badge

Mike - Your idea was submitted to the Pampered Chef search initially and went through that review process. As you know, they ultimately did not select the concept, and appears that you then submitted to the ILP.

There is  not a direct link from a sponsored search to the ILP. Your concept was prepared as part of a presentation for the search sponsor, and going through Insider Licensing process and having pitching packet produced is different steps.  

Our teams also take feedback garnered from sponsors and work to try to adjust pitches as we move forward, essentially trying to get in front of potential future objections. 

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woodysa's Avatargold

Great explanation, I appreciate it.

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