Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives a list of some of this reasons you could obtain gotten cast off. It does not cover every reason you could get rejected, but hopefully make a something to look into.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you will find that regardless how good an insurance policy you might think it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would certainly reject an idea that they agree could be profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. This company may now have a complete collection of services not desperate to add very much more.
2. Make use of this is outside their target market.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent one does this program unsolicited without contacting corporation first to check their submission policy, in addition they rejected it solely on that source.
5. You didn’t have proper contact information on your division. (That is one of the highest mistakes Inventors make. The corporation will not bother to you up.)
6. Include too many similar products and that information mill flooded adequately.
7. Your idea attracts a little niche market and besides mass market items.
8. Value to manufacture versus the return on investment is simply high.
9. Income sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort because of.
10. Goods has recently been patented by someone else and want to determine if they might go around it or risk infringement factors.
11. Your products or idea isn’t much better what is definitely on the market. This tells them you didn’t research your idea very well and don’t have a clue who your competition is in the market.
12. You sent a product that is strictly like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing in comparison to what is on its way out the following year.
14. They have a better solution than yours their works for release that coming annualy. (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 your Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the sole ones creating.)
15. They have already received another similar idea from another Inventor and are developed in negotiations with that Inventor.
16. Include posted your idea unprotected online in a of those InventHelp Invention News posting sites where others vote on your products to see whether there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down in accordance to that give.
17. You posted your unprotected idea and InventHelp Company News video of the significant prototype on youtube and have a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, but when they write a quick search on your patent they discover that it has lapsed by way of non-payment of fees and allows been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. There are any patent, but it was poorly written as well as cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, which means they can get very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize individuals. So you get a rejection letter, but websites explain they never look right out the company.
22. You sent them your product but they have decided to the line for that year together with following year and aren’t open to taking on anything else at period.
23. Simply consider items with a sales history they can review your item has never been being produced or sold stores or online. So that they really do not want to go ahead and take risk for being the first company selling it.
As I stated above these are a few for this reasons you should have your idea/product rejected the company. Really take the time to on your own and understand your market, your invest that market and study part become worse yourself as marketable as we possibly can.