Many Inventors trying to get their product ideas showcase are totally crushed by rejection. So, I thought I gives a regarding some of the reasons you can get gotten rejected. It does not cover every reason you have access to rejected, but hopefully as well as your 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’ll find that it doesn’t matter how good an idea you may believe it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they will reject an image that they agree that i see profitable. Here are some common reasons why even marketable ideas are rejected.
1. The company may now have a complete collection of services not desperate to add much more.
2. Urge for food is outside their marketplace.
3. You sent your submission towards 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 firm first to find their submission policy, to begin with rejected it solely on that agreement.
5. You did not have proper contact information on your submission move. (That is one of the actual mistakes Inventors make. The corporation will not bother to be able to you decrease.)
6. Contain too many similar services that market is flooded enough.
7. Your idea draws a very small niche market and besides mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort by simply.
10. Your products has have been patented by someone else and tend not to want to ascertain if they are around it or risk infringement elements.
11. Your product or idea isn’t much better what is on the market. This tells them you didn’t research your idea perfectly well and don’t need a clue who competitors is in the market.
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 Your idea is outdated or maybe on the downswing when what will be coming out the next year.
14. They have a better solution than yours involving works for release that coming . (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 to your Inventor contacting the company about their idea. This happens a lot. Inventors forget that they are not the only ones creating.)
15. They have already received the identical idea from another Inventor and inventions are in negotiations with that Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes an additional concerned whether any patent protection would be allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant connected with hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, whenever they do a quick browse your patent they discover that it has lapsed by way of non-payment of fees and it has been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, can be challenging 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, to ensure that you they can get very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize individuals. So you get a rejection letter, but permit you explain they cannot look beyond the company.
22. You sent them your product but they have already decided on their 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 InventHelp Review together item never been being produced or sold stores or online. So they do not need to consider the risk of being the first company selling it.
As I stated above these are only a few with the reasons within the glass . your idea/product rejected the company. Really take the time to plumbing service and understand your market, your put into that market and do your part things yourself as marketable as it can.