Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I gives a report on some of this reasons you can get gotten rejected. It does not cover every reason you can get rejected, but hopefully make a something to look into.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will discover that in spite of how good an idea you could imagine it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject a strategy that they agree could be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. They may already have a full-line of products and not seeking add somewhat more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting vehicle first to find out their submission policy, in addition they rejected it solely on that basis.
5. You did not have proper contact regarding your entry. (That is one of the greatest mistakes Inventors make. The machines will not bother for you to trace you alongside.)
6. Include too many similar providers that marketplace is flooded plenty of.
7. Your idea interests a minimal niche market and would like mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with a lot information to sort through.
10. Your product has already been patented by someone else and want to ascertain if they goes around it or risk infringement problems.
11. Your products or idea isn’t much better what is already on the actual marketplace. This tells them you didn’t research your idea perfectly well and don’t own a clue who competitors is that are available.
12. You sent a procedure that is precisely like their current product and that current strategy is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or maybe on the downswing in comparison to what is on its way out the next year.
14. They have a better solution than yours the actual world works for release that coming annualy. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones creating.)
15. They have already received to correct idea from another Inventor and are typically negotiations with that Inventor.
16. You have posted your idea unprotected online in one of those new invention ideas posting sites where others vote on your products to check if there is interest. Your public disclosure makes an additional concerned whether any patent protection would be allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the running prototype online and possess a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, but when they write a quick look up your patent they discover that it has lapsed due to non-payment of fees and features been lapsed significantly past the due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written and will not cover a lot more inventhelp product development. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, so that they should be expecting very little protection that can be found.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but it doesn’t explain they never look away from company.
22. You sent them your product but they have already decided their very own line for the year or that the following year and aren’t open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review nicely item has never been being produced or sold stores or online. So do n’t want to consider the risk of being the first company to offer it.
As I stated above these are just a few of the reasons abdominal muscles your idea/product rejected by a company. Really take the time to research the offers completely and understand your market, your put into that market and plenty of research part things yourself as marketable as it can i patent an idea.