As a conscientious executive concerned about the long term economic health of your company, I am confident that you are constantly scanning the horizon for new product concepts. You are, no doubt, aware that marketable ideas can spring from any number of sources-in-house R&D, product refinement, accidental discoveries, or independent contributors. To stay competitive in today's fast paced marketplace, no path to possible new products can be ignored.
It is with such confidence that I wish to solicit your interest in a recently developed new product concept. Without burdening you with an excess of technical details at this preliminary stage, I would highlight for your review the following attributes of this development.
The product is closely aligned to your present array of products. No extensive re-tooling of manufacturing equipment nor retraining of production workers should be required. The marketing and distribution of this product would flow through essentially the same channels as have already been established by your company.
- The product delivers an easily identifiable and compelling benefit to a clearly defined target audience.
- The concept is, in essence, a unique toy that combines the popular elements of both water guns and bicycles. "Water Wheels"™ will appeal to a wide range of children and will cut across all demographic categories.
- A patent law firm has executed the patent application and the product has been granted a U.S. Patent , providing protection against unauthorized use of this new development.
- U.S. Design Patent
I would welcome the opportunity to provide you with more extensive information on the specifics of this product concept. So that I might submit a detailed description of the product's attributes and technical specifications, please complete the accompanying Confidentiality Statement for "Water Wheels"™ and return it at your earliest convenience. Additional materials will follow shortly thereafter.
I look forward to your response and to the opportunity to discuss in further detail how this new development might be of profitable benefit to all parties concerned.