Questions

It is a medical watch that sends data on a real time on server. It measures heart rate, saturation, temperature, fall detection, pedometer, gsm 3G supported and GPS. User can get medical help from hospital on real time.

Before you consider selling your patented product, here are some questions you should consider.

1. Do I have a viable market?
2. Do I have sales/orders that show this demand
3. What sort of competitive advantage do I explicitly have over my competitors.

It's important to get as much leverage as possible over whoever you plan to sell your product too. The best way to do this is to get hard data you can use to back up your claims and to find clear distinct competitive advantages which will cement a strong market position for years to come.

If you have any further questions, drop me a message and I'll be more than happy to answer them :)


Answered 6 years ago

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