Shanghai, China (PRWEB) April 17, 2015
World Patent Marketing, a vertically integrated manufacturer and distributor of patented products, is pleased to announce that it has successfully negotiated a licensing deal for a Colorado inventor. The manufacturer is none other then World Patent Marketing China, World Patent Marketing’s manufacturing division. World Patent Marketing has exclusively licensed Bib J’adore, a unique invention for babies, for ten years and will distribute the product worldwide.
“This is a great deal for World Patent Marketing. ‘Bib J’adore’ means “Bib I Love” and I love this deal!” exclaimed Scott Cooper, CEO & Creative Director of World Patent Marketing, at a recent corporate event, “The children’s wear market value is set to hit $ 173.6 billion by 2017 and we are going to take our slice of the smart infant wear segment.”
Bib J’adore, unlike traditional baby bibs, looks like a tank top that functions as a protective layer to be worn over clothing without looking like a baby bib. Unlike a traditional invention for babies, the function and design will solve the problem of children pulling the product off from around their necks. The product also solves a problem for older children with disabilities and/or handicaps to avoid embarrassment.
“I can’t thank World Patent Marketing enough for making this happen.” said Colorado inventor Jessica H., “The folks over there have worked around the clock to make this deal happen for me. I want to especially thank Scott Cooper and Cattya Bella for all their great ideas in helping me design the product.”
Though the birth rates in developed economies countries are low, the high level of disposable incomes and changes in social lifestyle make parents typically spend more on an invention for babies. According to Children’s Wear: A Global Strategic Business Report, “These days children are the new accessory, as once-snooty brands line up to please conservative-minded millennials while they use tiny garments to strengthen their brand power in regions such as the Asia-Pacific. Last year, Burberry sold $ 91 million in clothing for children from newborn, including diaper bags covered in Burberry’s beige check, to early teens, for an increase of 23% over the previous year.”
Developed regions within Europe and North America are considered traditional leaders and account for a principal share of the global children’s wear market. The Asia-Pacific, spurred by rapidly escalating markets in India, China, Korea, Thailand, Taiwan and others is poised to deliver the fastest growth rate of 5.3% through to 2017.
The amount spent annually on children’s clothing can vary dramatically from household to household, from under $ 25 to several thousand dollars. The average family spends $ 107.28 on children’s clothing — $ 123.79 for each girl, $ 90.77 for each boy. Spending varies dramatically depending on household income and age of the primary householders. Households with an income under $ 10,000 spend an average of $ 24.67 on boys’ clothes and $ 49.75 on girls’ clothes, while households that earn $ 70,000 or more spend an average of $ 167.04 on boys’ clothes and $ 216.57 on girls’ clothes.
About World Patent Marketing
World Patent Marketing is a vertically integrated manufacturer and distributor of patented products. The company offers manufacturing, distribution, patent prosecution, IP valuation, licensing, trading, investment and other services. The company offers these products to independent inventors, law firms and venture capital-backed companies. The company is well known for evaluating the commercial potential of utility and other patents in the United States and around the world. The company directly engages in the business of retail, distribution and the retail sale of products.
World Patent Marketing Achievements
World Patent Marketing is the only patent services company in history to be awarded a five star review rating from Consumer Affairs, Google, Trustpilot, Shopper Approved, Customer Lobby and ResellerRatings.com. World Patent Marketing has received accredited status and is an A Rated Member of the Better Business Bureau. World Patent Marketing is also a proud member of Dun and Bradstreet, the US Chamber of Commerce, the Association for Manufacturing Excellence and the International Licensing Industry Merchandisers’ Association (LIMA). World Patent Marketing Miami is also a member of the South Florida Chamber of Commerce, the Greater Miami Chamber of Commerce, and the Miami Beach Chamber of Commerce.
The Huffington Post reported on April 10, 2015, “Scott Cooper of World Patent Marketing says that promoting a patent requires a lot more than just a social media presence: “If you want to successfully market your idea, you have to live and breathe your invention. It basically needs to become a part of you. You should market your idea aggressively, pursuing every valuable opportunity that comes your way. In fact, promoting your invention is just as important as the actual inventing process.”
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