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Mark Reyland wrote:Question: Do any of you have quick rules of thumb for estimating materials cost? I've heard 10% of the retail price of similar products, or 1/6th of retail.
Answer: There really is no set rule for estimating material costs on manufactured goods short of making samples. Normally what’s done is the factory is given the prototype and uses it to dial in the production, material, and decorating costs. What they give back to you is an all-inclusive number representing the “Manufactured cost”.
In this number are the materials, the labor, the decorating costs, the tooling or mold costs spread across the number of manufactured units, the packaging costs, and the ship pack costs.
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Question: Where is the "Best" place to search for a patent? I know about the USPTO, and I know about Google, but are those the best places to be looking when I start my initial search?
Answer: The USPTO, Freepatentsonline, and Google Patents are sites people use the majority of the time.. Google is ok except they seem to be behind by 1 to 2 months after a new patent issues. The USPTO is a good site and that’s where I spend most of my time. It took me years to be able to master searching on there, now I can narrow a search down pretty quick.
http://www.freepatentsonline.com/ is a really cool site for the novice and the so called expert. I use it mostly for patent application searches. You can search publications after the 18 months are up. I find this to be so important and most inventors never do it before or after they apply. I search applications and patents after I have applied for a patent. I like to see what patents and applications pop up after I apply, it gives me a heads up.
Which ever site you use learn to master it the best you can. It will be frustrating at first but hang in there, one day you will cruising along and realize this is pretty easy.....Just remember when searching applications someone may of choose to not have there application published....there nothing you can do about it. .....its the nature of the beast.




