Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I gives a connected with some of your reasons you really can have gotten rejected. It does not cover every reason you have access to rejected, but hopefully it will give you something to think about.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will find that no matter how to patent an idea or product good an insurance policy you could imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would certainly reject a strategy that they agree could be profitable. Here’s some common explanations why even marketable ideas are rejected.
1. The company may presently have a complete collection of providers not wanting to add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting vehicle first to find their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact regarding your submission. (That is one of the most effective mistakes Inventors make. The company will not bother to you alongside.)
6. They’ve got too many similar products and that companies are flooded adequately.
7. Your idea appeals to a small niche market and they want mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your product has recently been patented by someone else and tend not to want to ascertain if they should go around it or risk infringement issues.
11. Your product or idea isn’t much better than what is already on the. This tells them you didn’t research your idea okay and don’t need a clue who your competition is that are available.
12. You sent a machine that is exactly like their current product and that current device is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or possibly on the downswing in comparison to what isn’t too far off out the following year.
14. They already have a better solution than yours involving works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. This happens a significant. Inventors forget that they are not the only ones inventing.)
15. They have received a similar idea from another Inventor and are developed in negotiations with this Inventor.
16. Include posted your idea unprotected online in one of those invention posting sites where others vote on goods to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection properly allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant connected with hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, however they write a quick look up your patent they noticed that it has lapsed due to non-payment of fees and features been lapsed significantly following due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and will not cover a lot more product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, so that they should be expecting very little protection that can be found.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but won’t matter explain they never look beyond the company.
22. You sent them your product but they have already decided on your line for the year or InventHelp Company News that the following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review together item by no means been being produced or sold stores or online. So do not require to go ahead and take risk getting the first company selling it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected a new company. Really take the time to research the offers completely and understand your market, your place in that market and do your part things yourself as marketable as possible.