Pricing…
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. Im going to crack it open in a second.
Thanks guys!
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@whitney-simms Pretty! This is a situation that calls for a licensing contract. You can outline in the contract what they are and are not able to use it on, how many units they can sell, how long can they manufacture the product, etc. You can ask for royalties, with or without an advance, or a flat fee license (keeping in mind you might not know now how well it will sell, so a flat fee could be a great deal or a terrible deal depending).