- Minimum advance from Edison Nation
- 50/50 Share of Licensing Revenues
- For as long as product is sold
Let’s get to know Plaid®
Plaid Enterprises, Inc. is one of the world’s largest, most diverse manufacturers of creative do-it-yourself products. Known for continually evolving with the ever-changing crafts industry, Plaid’s key product categories include: Craft Painting & Tools; Decoupage; Glass Painting; Stenciling; Fashion Crafting; Jewelry; Art & Drawing; Paper Crafting; Mixed Media; Needlework; Kids Crafts; and more. Notable brands in Plaid’s portfolio include: one of the industry’s best known, Mod Podge®, FolkArt®, Gallery Glass®, One Stroke™, Bucilla®, Martha Stewart Crafts®, Apple Barrel® and Delta Ceramcoat®.
Plaid’s Innovation Needs
Plaid is looking for new product concepts to enhance the crafting experience for their customers. Think of application tools & delivery systems (i.e., innovative ways to apply product like paint, decoupage, or develop new crafts), and storage solutions for big and small items (it often takes many tools and products to create craft projects, so storage is always a challenge). Specific areas to keep in mind: DIY crafting for home decor, gift giving, holiday decorating, personalization, and kids and school activities.
What Problems You Can Help Solve (and other points to keep in mind!)
Ways to make crafting easier/simpler
Tools or techniques to simplify and make crafting more fun
Ways to make crafts less messy
Ways to make crafting projects more successful (i.e., help the user better create their desired result)
Ways to enhance the quality of crafting projects (i.e., create professional results from a simple craft)
Ways to make supply storage easier and more convenient
The Target Customer/Consumer to Keep in Mind (those who typically buy/use Plaid products)
DIY-ers, crafters, decorators, artists, teachers, students/kids, educators, families, Moms, hobbyists
The Competitive Edge Plaid is Hoping to Gain
Plaid wants to be first to market with any new product innovation in crafts. We want to offer products that solve a problem, make things easier, provide new techniques for current craft trends or introduce something new. We are looking for products that inspire creativity and give reasons and seasons for crafting.
Current Plaid Products to Be Inspired By
Explore the product offerings under the following brands: Mod Podge®, FolkArt®, Gallery Glass®, Bucilla®, Martha Stewart Crafts®, Apple Barrel®, and Delta Ceramcoat®.
Plaid products range from $1.00 – $20.00
Plaid products are sold in Walmart, Target, Michaels, Jo-Ann Fabric and Craft Stores, Hobby Lobby, Amazon.com, Homedepot.com, AC Moore, Ace Hardware, Hancock Fabrics, plus many independent and international retailers. To learn more about this company and to get inspired by their beloved products, visit www.plaidonline.com.
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.
As always, your submission should be unique and protectable (we love to see patented ideas but that certainly isn’t required).
Each idea costs just $25 ($20 for Edison Insiders) to submit.
Is my idea secure?
Yes! Every idea that is submitted to Edison Nation remains private. If your idea is selected to be presented to a partner, we have strict NDAs in place. Your intellectual property is extremely important to us.
If my idea is selected, what do I get?
If your idea is selected for licensing, we will remain in contact with you and our partner from the moment the deal is signed until it is ready for the marketplace. Our team negotiates competitive royalty structures and all licensing revenues are split 50/50 with you, the original inventor.
Why do I have to pay $25?
$25 is a nominal fee to help offset the costs Edison Nation takes on to review each idea that's submitted. It is a one-time cost. If your idea is selected for licensing, we will navigate the road to commercialization -- all at no cost to you. If you are an Edison Nation Insider, the submission fee is only $20!
What do I need to submit?
We'll review all ideas, whether it's a sketch on a napkin or a prototyped invention. You don't need a patent to submit an idea to Edison Nation.
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