- know a decision maker well
- have a unique skill set
- have a significant natural market
- be mysteriously lucky
The value of intellectual property directly reflects the degree of its demand. There is something to be said about monetizing mastery. I own a MacBook, and was having a problem using iMovie. I don’t have any close friends who understand the MacBook and iMovie enough to help me complete the project I was working on. I tried to register for the free class offered at the local Mac store and quickly realized they were booked out four months. When I combed the independent companies that offered this kind of service, I found it to be extremely expensive for them to disclose known processes that would have probably taken less than ten minutes. Do I spend the time researching this information on my own without any guarantees, or do I pay for the service and deal with the consequential buyer’s remorse? Needless to say, I taught myself.
I say this to say, I can’t blame the company for their pricing structure, it is evidently what the market is willing to pay. At the end of the day, profit margins drive business and systematically configuring them sustains it. The law has developed a distinct discipline of intellectual property that is a business in itself, for some attorneys it’s their sole practice. eBack9’s mission is simply intellectual ownership and execution; Performance because of who you are not what you have been told to do. With a mantra of ‘Everyone is Selling Something’, we believe that your intellectual property has a value; Identify it, Hone it, and Charge for it responsibly. Great Selling!
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