On Sitejabber, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.
The company exhibits a divided reputation, with some customers praising its supportive approach and ability to help bring ideas to market successfully, highlighting quality service and effective communication. However, a significant number of reviews express serious concerns regarding financial mismanagement, lack of responsiveness, and allegations of deceptive practices, including bankruptcy filings to evade refunds. The contrasting experiences suggest a need for improved customer service and transparency, as well as a more consistent delivery on promises, to foster trust and enhance overall satisfaction among clients.
This summary is generated by AI, based on text from customer reviews
We monitor reviews for authenticity
I submitted my product to Ideabuyer. I was told i would hear from them within 48 hrs. Two emails and two weeks later i haven't heard a word
I have been searching for a company to license my first invention for months until i have found The Idea Buyer. Now I'm on the forth and I am impressed how quickly it all progressed.
They have been trying to get my product out there and all of them have been great and very helpful.
I think I have made the right decision to choose Idea Buyer to work on behalf the very considerate and understanding...
I spent a year trying to bring my product to market by myself with the help of my patent attorney and friends/family. I was unsuccessful and finally came across Idea Buyer.
I have gotten further in 3 months than I did the entire year before with less stress, less cost, and knowing I have an amazing team behind me.
Thanks Ron! We appreciate the kind words!
I had many ideas that were potentially profitable, but I had no clue how to monetize them and getting some income from them; I needed someone to help me with the business side and Idea Buyer proved to be the best partner i could have.
My conversation with Idea Buyer representative has been extremely informative in explaining everything to me on how the company works. I am putting all of my trust into this company.
They've been most helpful in helping me to gain what I needed with my invention. The way that they've outlined everything for me has been wonderful.
Yes I would recommend to a friend; they have been helping me with all my questions and very appreciated.
I'd recommend Idea Buyer to everyone. They're knowledgeable and know what they're doing. I'm very pleased with them
We couldn't recommend the website enough and we will be using it again in the future; We have received more leads from the site and four of the stores have placed purchase orders for our products.
Service is great! Idea Buyer LLC representatives have always been helpful and friendly.
We've always had a pleasant experience and I'm glad to say we made an excellent deal thanks to Idea Buyer. The service is great; Thank you
A few months ago Idea Buyer helped me negotiate a contract for a $300,000 upfront deposit and a guaranteed payout of $50,000 per year in royalties. I cannot tell you how happy I was; and i really need to say Thank You Idea Buyer for being my winning lottery ticket!
Thank you for the kind words Kelly.
The Idea Buyer LLC team is doing a great job on helping me with my idea. Once my idea sells out I will be able to submit more ideas that I have. Thank you Idea Buyer
I got a patent and now, I'm waiting for somebody to buy it from me so I can make the money.
So far, it's been going pretty good, and I hope that somebody picks up on it. I'm very happy and satisfied with the management.
Idea Buyer is very professional and very helpful in whatever projects we work on and whatever they bring to us. We've never had an issue with them.
Thanks for making it all happen; Idea Buyer helped me get my first purchase order and have helped me grow to over $400,000 in sales over the past 2 years.
Answer: No, they have just taken our money :(
Answer: Hi Mike, Please message me your email and I can send a portfolio of example products. You can also search for us on Entrepreneur.com.
Answer: Hi Toni - All submissions are 100% confidential but certainly feel free to keep your submission vague. If you'd like our team to email you an nda prior to a discussion, you can email info@ideabuyer.com and we'll get back to you shortly! I hope that answered your question! Feel free to send any other questions with your email request for the NDA so we can get back to you quickly. Thank you!
Answer: Here is a quick excerpt from the guide; What is Patent Licensing? Legally speaking, you have licensed your patent when you (the licensor) grant exploitation rights over your patent to a licensee (the person you are licensing it to.) Exploitation rights simply means the right to create, market, and/or sell something based on what that patent protects. A license of this nature is also a legal contract, and that contract is what will spell out in concrete terms precisely which exploitation rights are being granted. These include any performance obligations the licensor might demand of the licensee. This means that if any performance obligations are included in the contract (ie, You must produce X number of sales by the year X.), and they are not met, this could lead to the patent licensing being terminated in its entirety. In this context, a license is also revocable ie, cancellable if certain terms and conditions are not met. This is a common characteristic of legal contracts in general, with special ramifications for patent licenses. The only way to grant someone irrevocable exploitation rights, it should be added, is to assign them the patent. Assignments, however, are permanent. They entail the sale or outright transfer of the patent by the assignor to the assignee. An in-depth exploration of patent assignments is beyond the scope of this article, but just know that they are an option if irrevocable exploitation rights are something you seek.) We hope that is helpful.
Answer: Hi Nick, We are a vertically integrated team that can do everything from engineering, IP protection, and production quality prototypes to getting purchase orders from major retailers.
Answer: Hi Ashley, First, you want to make sure your product is unique and solves a problem. Then, you want to research the market and make sure it is unique and growing. If it meets those first two criteria, it may make sense to continue further. You'll want to look at the complexity of getting it produced and competing products in the market. If it isn't reasonable that you could work with companies to get it to the point of a production quality prototype then it may not make sense to move forward. You'll want to work with a team that understands the importance of protecting your IP (and the steps needed to get their with engineering) and the commercial viability of your potential product.
Answer: All of the products we work with are new products. I hope that answers your question.
Answer: Hi Gilles, Do you have a patent, inventory, and existing sales?
Answer: Extremely expensive & required up front
Answer: Thank you
Idea Buyer is the #1 ranked new product development company in the United States.
Idea Buyer partners with entrepreneurs to help them turn ideas into businesses. The company is based out of Dublin, OH, and was founded by serial entrepreneur Eric Corl in 2007. The company has been recognized three times as one of America's fastest growing privately held companies in the United States by Inc Magazine. Idea Buyer has also received recognition from the likes of Entrepreneur.com, The US Chamber of Commerce, Bloomberg, the White House, and more.
Eric Corl states, "The more we've grown, the more success we've had, the more we've learned from our failures and successes. We've become more and more selective of our partners given the nearly 40 bad ones we've had over 12 years. Our satisfaction rating is over 97% but that 3% really frustrate me because our team works so hard on every project. We would rather not work with you than have any chance that there are issues six months in. Some people...
Hi Carl - You should have received an email explaining why we had not contacted you or an email requesting additional information. Can you please send the best email to contact you via a private message so I can follow up with you accordingly.
Thank you!