Biography
The New Products Division at Design Mind Group employs leading marketing and design professionals who possess the vision, knowledge, and foresight necessary to take a product concept to the market in a timely and professional manner. Inventors who work with Design Mind Group leverage the skills, talent, and business knowledge of a team of industry veterans to better prepare their product for successful market entry.
The knowledgeable Design Mind Group New Products Division staff, led by Michael Harrison, Rick Johnson, and Steve Wilson offers a comprehensive solution for intellectual property holders looking to profit from their ideas. Design Mind Group looks at anticipated manufacturing requirements, legal protection, and marketing issues related to the submitted intellectual property. Design Mind Group also ensures that the rights of the inventor are protected at every stage of development.
The New Products Division at Design Mind Group perform detailed market analysis in order to maximize the success of submitted concepts. Selected concepts may even receive research on a subsidized basis. Design Mind Group’s marketing professionals analyze market trends, consumer habits, and potential target demographics related to ideas sent to the firm. They also look at market saturation, anticipated product maintenance, and opportunities for repeat business. Additionally, Design Mind Group examines price points, manufacturing costs, and profit margins. Should a submitted invention meet the necessary requirements, Design Mind Group can coordinate their Market Launch Program with a view to securing a licensing agreement and royalty payments.
All intellectual property submitted to Design Mind Group is treated as proprietary and confidential. Design Mind Group will not share submitted ideas, concepts, schematics, or prototypes with third parties unless expressly directed to do so by the intellectual property holder. Design Mind Group’s commitment to bringing ideas to life requires discretion and honesty at all times. Design Mind Group operates internationally with offices in Wilmington, Delaware USA.
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