Many Inventors trying to make their product ideas to push are totally crushed by rejection. So, I thought I gives you a list of some belonging to the reasons you could have gotten cast off. It does not cover every reason you have access to rejected, but hopefully make a something to.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you’ll find that no matter how to patent good an insurance policy you might imagine it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject an image that they agree would be profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. The company may surely have a complete collection of providers not wanting how to pitch an idea to a company add more.
2. Make use of this is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent the idea unsolicited without contacting firm first to check their submission policy, plus they also rejected it solely on that source.
5. You did not have proper contact regarding your submission move. (That is one of the most mistakes Inventors make. The company will not bother to be able to you on paper.)
6. Possess too many similar products and that companies are flooded plenty of.
7. Your idea interests a very little niche market and besides mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your products has have been patented by someone else and want to see if they can go around it or risk infringement problems.
11. Your products or idea isn’t much better than what is on market. This tells them you didn’t research your idea well and don’t need a clue who other sellers is looking.
12. You sent a specific thing that is exactly like their current product and that current product is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or is on the downswing whenever compared with what is on its way out the year after.
14. They already have a better solution than yours in the works for release that coming yr. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This happens a entire lot. 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 this Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the important prototype online and have a significant regarding hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, whenever they do a quick search on your patent they see that it has lapsed due to non-payment of fees and it has been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. You’ve got patent, and it was poorly written and will not cover a lot more product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, meaning that they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize everyone. So you get a rejection letter, inventhelp innovation but it doesn’t explain they cannot look beyond the company.
22. You sent them your product but they have already decided to the line for that year and therefore following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review your item never been in production or sold stores or online. To ensure that do not want to go ahead and take risk of being the first company to market it.
As I stated above these are a few with the reasons abdominal muscles your idea/product rejected with company. Really take time to do your research and understand your market, your commit that market and do your part different yourself as marketable as we possibly can.