One product in particular, the Cutoff Tool, is currently in late stage negotiations with a multi-national conglomerate who wants the product for worldwide commercialization across several brands. Currently the product is under its third round of testing and is being sourced for definitive manufacturing costs.
There are several other products that Lambert & Lambert just recently signed as clients, and a great deal of product pitches will be made at both shows. Dan Fulford, Lambert & Lambert's Director of Sales mentioned, "Tradeshows are a critical tool in business development as we seek to establish an arrangement with a company well positioned to capitalize on our clients' products." He also added, "Even though we live in a highly technical world, nothing beats a face-to-face product pitch and a handshake."
Trevor Lambert, President for Lambert & Lambert echoed those comments saying, "In all things, business is a matter of personal relationships. Of course you need good products for there to be a successful license agreement achieved, but it has been our experience that personal contact is a vital component. Lambert & Lambert's philosophy is that by generating relationships with great companies looking for new products, we can achieve long term success for our clients."
Lambert & Lambert is a contingency-fee based licensing firm that focuses on consumer products in numerous industries. Based in St. Paul, Minnesota, Lambert & Lambert provides marketing, sales, and negotiation services to inventors throughout the world. Find out more at www.lambertinvent.com.
No comments:
Post a Comment