Licensed multiple products with inventRight coaching support
How inventRight coaching helped Matt land a multi-product licensing deal for display hangers
Independent inventor Matt Anderson adapted his vertical-brick concept into five display hangers — magnetic, adhesive, and drywall/wood options — to let fans mount Pix Brix builds on windows, doors, mirrors, and walls. With coaching from Amy and the inventRight team, he iterated on the design and navigated negotiations, ultimately licensing the hanger set to Pix Brix for inclusion with their kits and as standalone accessories.
“My vertical brick concept was ideal to hang Pix Brix creations on windows, doors, & mirrors.
As Shawn from Pix Brix and I started to work together after meeting on the floor of NYC Toy Fair this year, he asked for more.
I designed hangers that are magnetic, adhesive, & also for drywall + wooden walls — 5 hangers in total — & they licensed them all!
Although Toy Fair led to some leading companies in the toy industry being interested in my concepts, those submissions are currently in the long & mysterious process that takes place when dealing with big players.
Stephen Key always says that it is good to target the hungry companies that are really working hard to grow. That strategy worked for me!
The Pix Brix guys will be starting to include my hangers in the box with their sets very soon, and they are also making packages of just the hangers available to all their customers, so that everyone can display what they have made anywhere they want.
Thank you #inventRight, Andrew Krauss, and Amy Jo, my encouraging coach! With your knowledge & training, I was able to persist through 4 months of continued product development & 3 months of negotiations.
I learned lot & am excited to do the next deal.”
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