Many Inventors trying to get their product ideas to push are totally crushed by rejection. So, I thought I would supply a connected with some of the reasons you can get gotten discarded. It does not cover every reason you have access to rejected, but hopefully as well as your something to.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to own a good idea but you will find that no matter how good an insurance policy you may believe it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an image that they agree this would definately be profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. They may have also a full line of services not trying to add somewhat more.
2. Product or service is outside their target market.
3. You sent your submission towards the wrong part of the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting group first to find out their submission policy, and they usually rejected it solely on that source.
5. You didn’t have proper contact information on your division. (That is one of the most effective mistakes Inventors make. The corporation will not bother to monitor you on paper.)
6. Contain too many similar services that information mill flooded a sufficient quantity of.
7. Your idea draws a minimal niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your product has recently been patented by someone else and they don’t want to find out if they goes around it or risk infringement elements.
11. Your product or idea isn’t much better what is definitely on the actual marketplace. This tells them you didn’t research your idea okay and do not need a clue who competition is looking.
12. You sent a service or product that is exactly like their current product and that current technique are a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or is on the downswing when what isn’t too far off out a year later.
14. They already have a better solution than yours their works for release that coming . (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 for the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the only ones creating.)
15. These have received a comparable idea from another Inventor and are working negotiations with that Inventor.
16. You have posted your idea unprotected online inside a of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down in keeping with that give.
17. You posted your unprotected idea and video of the significant prototype online and have a significant number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, yet if they do a quick look up your patent they see that it has lapsed resulting from non-payment of fees and has now been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written and doesn’t cover specific product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, as a result they can get very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i’m not sure. So you get a rejection letter, but which are explain they never look outside the company.
22. You sent them your product but they have already decided on your line reviews for InventHelp the year together with following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can inventhelp review nicely item by no means been being produced or sold stores or online. To ensure that do not want to take the risk to become the first company selling it.
As I stated above these are a few of the reasons you should have your idea/product rejected by a company. Really take period to do your research and understand how do you get a patent your market, your place in that market and homework part to make yourself as marketable as possible.