designers and percentages

Re: [spiers] When working with designer how do you establish a percentage on a product.


In a message dated 7/12/05 2:17:44 AM, crowboy@earthlink.net writes:

<< I thought you said patents were not the way to go, they are very

expensive, and in the camera field it moves so quickly anyone can

upgrade a product.........but................. I see that the

"Lensbaby" guy in the story above mentions "patent pending"............


***Yes YOU stay away from patents, but let the fellow you have design them
own the patent... and the patentholder then licenses you...I'll get a standard
agreement up on the website soon...***


Right now our adapters are made in the US, anything we design and have

our Indian vendor make they will make exclusively for us at .20 extra a

part, I don"t think it would behoove us to let them sell to our

competitors, the way we make money now it to make the product and sell

retail. If we are able to pull off this new product we were hoping to

become a wholesaler of the specialty item in the US and Overseas.

***Let the indians sell to everyone overseas... upon agreement with you...you
get 25 (?) cents each piece sold, while you sleep... they deposit the money
in iindia for yu to use when you visit...or use in paypal or whetever...***


I am not sure what you mean by "the designer has to worry about any

legal liability on IP infringements" I don't know what IP

is.............. >>

***IP = intellectual property rights, the term encompassing trade marks,
copyrights and patents.***

John

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