• IdeaBuyer

Overview

IdeaBuyer has a rating of 4.67 stars from 123 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with IdeaBuyer most frequently mention purchase orders, and patent attorney. IdeaBuyer ranks 2nd among Manufacturing sites.

  • Service
    5
  • Value
    5
  • Shipping
    2
  • Returns
    2
  • Quality
    4
14
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What reviewers want you to know

Positive highlights

  • Idea buyer takes care of all the formalities that are needed to convert an idea into a product.

Critical highlights

No critical highlights yet

How would you rate IdeaBuyer?
Top Positive Review

“Idea Buyer is Great”

liessa m.
4/26/19

My experience with ideabuyer was great. I really appreciate the time taken to ensure long term success for my product there's no way I could have gotten a full vision and applications needed in order to fulfill my dream. Thank you to the entire Idea Buyer Team for believing in me and thanks so much for all the hard work put forth on my project.

Top Critical Review

“Class action lawsuit”

Adam a.
8/22/20

After numerous complaints the district attorney's office has filed a class action lawsuit against this company and their response was to of course declare bankruptcy so they don't have to give the money back to all the people they stole it from. Such cowards. That's why it says their business is permanently closed on their website. They've change names so many times to avoid their shady past. Don't do business with them ever. That's $8000 I would never get back. Sad.

Reviews (123)

Rating

Timeframe

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Reviews that mention popular keywords

idea buyer (63)
Thumbnail of user ajayp12
1 review
18 helpful votes
October 17th, 2014

I am going make dael iwth and paying for fees for product launch?
Can any one help me to persue contract or not? Wth Colin Egbert

Thumbnail of user jonathanj19
2 reviews
7 helpful votes
October 13th, 2014

The site is all and good but how about some updates like including social media share buttons and cool little features like that. I posted my patent on here about three weeks ago and have had three people contact me which I'm excited about but I had to move to email because the messaging was so hard to format for me and I couldn't send attachments in the messaging center.

So, here are some of my recommendations.

1. Update the messaging center to allow for attachments.

2. Include social media sharing so patent holders can easily share their listing on sites like facebook, twitter, linkedin, and pinterest. Oh, and maybe Youtube too.

3. Maybe do a featured patent highlight daily on new patents on your site? For example, mine :)) ). See third one down on the home page :).

4. Offer some consultation on pricing a patent? I didn't have a good idea of how to do this and didn't see any tutorials? Would be very, very helpful to people like me that are more of the technical side and less of the business.

5. To the point above, how about some template agreements to be made available for people.

6. The ability to upload videos to your listing. Currently, I see I can link to videos but it would be nice to be able to put them right there in my page.

Wow, much longer than I thought but I hope the company makes these updates and then I would give it a great review.

Value
Quality

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From the business

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 are 100% not cut out for entrepreneurship."

The companies growth has disrupted an antiquated industry and ruffled some feathers. The company has been attacked by some competitors who have tried to copy it's style and method, but have been unable to replicate it's success.

The company is ranked in the 99th percentile in it's industry by SiteJabber compared to other companies in the industry.

The company has been named to Inc Magazine's Inc 500 twice and Inc 5000. Eric Corl currently serves as the company's CEO.

Business History

Idea Buyer, LLC has been in business since 2007. The company rates in the 99th% for customer satisfaction among customers surveyed and #1 in the prototyping and manufacturing industry.

Idea Buyer was founded by serial entrepreneur Eric Corl who led it's rapid growth. He currently serves as the company's chief executive officer.

History of Idea Buyer:

2004 - Corl purchases the domain.
2007- Idea Buyer launched as the first online marketplace to license and sell patents.
2010- Corl began working on launching Fundable.com
2012- Idea Buyer CEO Eric Corl named as one of the top 100 entrepreneurs under the age of 30 by the White House and UN.
2014- Eric Corl returns full time to focus on Idea Buyer.
2016- Idea Buyer is named as the 168th fastest growing privately held companies in the United States.
2017- Idea Buyer is named as the 196th fastest growing privately held company.
2018- The company is recognized on the Inc 5000 - joining the ranks of less than 5% who have hit the list 3 times.
2019- Eric joins the US Chamber of Commerce Main Street Leaders program.

Company Representative

Thumbnail of user ericc72
Eric C.
Owner
Eric Corl is the founder and CEO of Idea Buyer, LLC. The company has been helping bring new ideas to market for over a decade. You can view lots of great updates about Idea Buyer here - http://www.instagram.com/ideabuyerllc

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