Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I would provide a connected with some of the reasons you really can have gotten discarded. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to look at.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you will find that in spite of how to patent a product good an insurance policy you could imagine 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 would likely reject a strategy that they agree this would definately be profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. The business may already have a full-line of providers not desperate to add very much more.
2. Urge for food is outside their target market.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting group first recognize their submission policy, and they usually rejected it solely on that basis.
5. You didn’t have proper contact information on your the distribution. (That is one of the actual mistakes Inventors make. The corporation will not bother to track you on paper.)
6. Contain too many similar services that market is flooded proper.
7. Your idea interests a small niche market and desire mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Income sheet in order how to patent an idea WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Your product has recently been patented by someone else and they don’t want to see if they might go around it or risk infringement issues.
11. Your products or idea isn’t much better what is on market. This tells them you did not research your idea very well and don’t need a clue who the competitors is in the market.
12. You sent a machine that is strictly like their current product and InventHelp Commercial that current strategy is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps on the downswing in order to what is departing from out one year afterwards.
14. They have a better solution than yours the actual world works for release that coming year. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the sole ones inventing.)
15. These have received another similar idea from another Inventor and are currently in negotiations with this Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the important prototype on youtube and possess a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, whenever they do a quick explore your patent they discover that it has lapsed due to non-payment of fees and it’s been lapsed significantly following due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written as well as cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, meaning that they should expect very little protection avaiable for purchase.
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 permit you explain they cannot look away from company.
22. You sent them your product but they have decided on their line for the year or the following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review your item by no means been in production or sold stores or online. In order that they do not require to go ahead and take risk becoming the first company selling it.
As I stated above these are only a few within the reasons you should have your idea/product rejected by a company. Really take period to plumbing service and understand your market, your place in that market and homework part to create yourself as marketable as it can.