Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I would supply a connected with some of the reasons you really can have gotten denied. It does not cover every reason you have access to rejected, but hopefully wanted something to look at.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you’ll find that in spite of how good an insurance policy you might think it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they reject an image that they agree could be profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. This company may now have a complete collection of services not wanting to add alot more.
2. Make use of this is outside their target market.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it on the right one.
4. You sent the idea unsolicited without contacting the company first to find out their submission policy, and they rejected it solely on that agreement.
5. You did not have proper contact about your entry. (That is one of the highest mistakes Inventors make. The corporation will not bother to track you down.)
6. Possess too many similar services that information mill flooded plenty of.
7. Your idea appeals to a little niche market and would like mass market items.
8. Price of to manufacture versus the return on investment is simply high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your products has have been patented by someone else and tend not to want to determine if they might go around it or risk infringement problems.
11. Your products or idea isn’t much better what is already on market. This tells them you didn’t research your idea okay and don’t own a clue who the competitors is thats available.
12. You sent a procedure that is strictly like their current product and that current strategy is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps on the downswing in order to what is coming out the year after.
14. They already have a better solution than yours the actual world works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This takes place a entire lot. Inventors forget that they are not the only ones creating.)
15. These have received a similar idea from another Inventor and are typically negotiations with this Inventor.
16. You need to posted your idea unprotected online in a single of those invention idea posting sites where others vote on your products to see if there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the functional prototype online and how do you patent an idea have a significant quantity of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, yet if they participate in a quick look on your patent they see that it has lapsed thanks to non-payment of fees and it has been lapsed significantly over the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, and it was poorly written and does not cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, meaning that they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize individuals. So you get a rejection letter, but won’t matter explain they just do not look away from company.
22. You sent them your inventhelp product development but they have already decided to the line for the year or that the following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and then your item never been being produced or sold stores or online. So that they really do n’t need to go ahead and take risk of being the first company to encourage it.
As I stated above these are only a few with the reasons within the glass . your idea/product rejected with company. Really take period to on your own and understand your market, your put in that market and study part things yourself as marketable maybe can.