Many Inventors trying to make their product idea ideas to market are totally crushed by rejection. So, I thought I would provide a connected with some of your reasons you should have gotten denied. It does not cover every reason you could get rejected, but hopefully make a something to think about.
You need to realize that inventing is fundamentally a numbers on-line! Yes, you still need to own a good idea but you will discover that no matter how good understanding you may think it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an understanding that they agree would be profitable. Below are some common explanations why even marketable ideas are rejected.
1. They may already have a full-line of products and not desperate to add more.
2. Urge for food is outside their marketplace.
3. You sent your submission for the wrong part of 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 observe their submission policy, to begin with rejected it solely on that agreement.
5. You did not have proper contact about your submission. (That is one of the actual mistakes Inventors make. The machines will not bother to you down.)
6. They’ve got too many similar providers that sector is flooded enough.
7. Your idea attracts a very small niche market and would like mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your product has have been patented by someone else and don’t want to determine if they are around it or risk infringement issues.
11. Your product or idea isn’t much better what is on market. This tells them you did not research your idea perfectly well and do not need a clue who your competition is in the industry.
12. You sent a machine that is strictly 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 Your idea is outdated or perhaps on the downswing in comparison to what is coming out the next year.
14. They 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 even when the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Goes on a significant. Inventors forget that they are not the only ones creating.)
15. They have received a comparable idea from another Inventor and are working negotiations with this Inventor.
16. A person posted your idea unprotected online a single of those new invention ideas posting sites where others vote on goods to see whether there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the important prototype online and possess a significant involving hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, help to they perform quick browse your patent they see that it has lapsed due to non-payment of fees and has now been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, can be challenging was poorly written and will not cover far more product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, meaning that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but won’t matter explain they don’t really look away from company.
22. You sent them your product but these have decided about their line for reviews for InventHelp the year or the following year and are not open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review and your item by no means been being produced or sold stores or online. In order that they do n’t want to consider the risk to become the first company to encourage it.
As I stated above these are just a few for this reasons abdominal muscles your idea/product rejected along with a company. Really take the time to yourself and understand your market, your put in that market and plenty of research part become worse yourself as marketable maybe can.