Get Product Assessment Service

Filling out the Product Assessment Service form is a crucial step for companies looking to evaluate and improve their product's market potential. This guide will walk you through each section of the form, ensuring that you provide the necessary information to enhance your application.

Follow the steps to complete the Product Assessment Service form online.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. Provide your firm's name in the 'Name of Firm' field. Ensure accuracy to avoid processing delays.
3. Fill out the mailing address including street address, city, state, and zip code. Use a clear and legible format.
4. Enter the contact person's name in the 'Contact Person' field. This should be someone who can provide additional information if needed.
5. Input the telephone number, fax number, and email address for the contact person. Ensure these are current and available.
6. Specify the product name and the company behind it in the 'Product Name' field, providing accurate details to help identify your product.
7. Fill in the product type/class to categorize your product appropriately.
8. In the 'Product description' section, provide a detailed explanation of the product and its advantages. Attach samples and promotional literature as needed.
9. List any direct and indirect competitive products for thorough assessment.
10. Complete the sections about your sales volume over the last three years, including current year projections in units.
11. Indicate your product's wholesale price range and that of your largest competitor for market comparison.
12. Specify your channels of distribution, checking all applicable types of outlets and distributors for the current and desired future sales.
13. Complete the 'Promotional budget' section by providing figures for the past three years and your projection for the next year.
14. Answer questions related to patent actions taken for your product, and confirm whether there are any safety issues associated with it.
15. Indicate whether you have product liability insurance, ensuring to add the required minimum coverage amount.
16. Fill in your venture information detailing the years your firm has been in business, the ownership type, and current production capabilities.
17. Certify that all information provided is accurate by printing your name, signing, and dating the form.
18. Finally, ensure that you enclose the assessment fee of $275 if in the U.S. or $295 elsewhere before submitting your application.

Complete your documents online to enhance your product's chance of success in the market.