Approaching Food Companies to Sell Your Recipe Ideas
Are you a professional chef or a great food enthusiast looking to earn some extra money? You can earn a considerable sum of money using your recipe ideas, and this is possible by selling them. In fact, every recipe that you come across in restaurants and eateries were started with a recipe, and the creator of such recipes were paid for the ideas. Whatever be your recipe idea, you can get some money if you know how you can approach the companies to sell your recipe ideas.
First, you need to find out a food category in which your recipe will fit in. The most original and extraordinary dishes also fit in any of the basic food categories. You need to evaluate your creation in order to determine the best suited category such as soup, salad, etc. The next thing to do is to define the exceptional qualities of your recipe. As there is a huge competition in the culinary industry, you need to highlight the uniqueness in your recipe. To be specific, if you are selling a meatloaf recipe, you need to highlight its uniqueness such as its low fat or any other characteristic of the recipe.
The third thing to do is to decide to whom you are going to sell the recipe to. The target buyer can be determined based on the category of the recipe and its qualities. If it is a meatloaf soup or salad, you can approach a café or restaurant. You can even sell your recipe ideas to the food blogs as they give you money on the revenue share basis or pay per click royalties. Make a list of the targeted buyers before going to next step. Do not forget to patent your recipe using an attorney as there is a risk of losing your idea to someone while you present the recipe idea to multiple buyers.
Prepare a package to present your recipe idea. The portfolio should include your culinary background and the idea of your recipe. You should include a short summary of the recipe, its unique qualities and its photograph in the prepared stage. You need to set a selling price that is flexible. The negotiations will take place when the buyers are interested in the recipe idea and try to make a proposal. Contact the potential buyers on the already framed list and approach them by sending them emails of your presentation. Once they approach you, you can start the negotiation process.