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How much is a Royalty?

Royalty rates are calculated based on a number of factors including: industry specific royalty rates, manufacturer profit margins, distributor profit margins, volume expectations and discounts, and, value of product development to date by the inventor. Innovative Licensing & Promotion, Inc. performs royalty evaluations for new products based both on industry standard, royalty rates and its own methods of negotiating higher than standard royalties.

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