Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I would supply a report on some for the reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully as well as your something to think about.
You want realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good an idea you might imagine it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject an example that they agree would be profitable. Here’s some common the logic behind why even marketable ideas are rejected.
1. The business may presently have a full line of providers not seeking add very much more.
2. Makes use of is outside their marketplace.
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 premise unsolicited without contacting firm first recognize their submission policy, and they rejected it solely on that agreement.
5. You did not have proper contact information on your submission. (That is one of the actual mistakes Inventors make. The corporation will not bother to you up.)
6. They’ve got too many similar services that market is flooded proper.
7. Your idea draws a little niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Profits sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Goods has have been patented by someone else and don’t want to determine if they are around it or InventHelp Wiki risk infringement factors.
11. Your product or idea isn’t compared to what is definitely on the. This tells them you didn’t research your idea very well and don’t own a clue who the competitors is in the industry.
12. You sent a procedure that is just 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 Your idea is outdated or maybe on the downswing compared to what isn’t too far off out the next year.
14. They already have a better solution than yours within works for release that coming calendar months. (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 on the Inventor contacting the company about their idea. Transpires a masse. Inventors forget that they are not the only ones creating.)
15. They have received a similar idea from another Inventor and are developed in negotiations with this Inventor.
16. You need to posted your idea unprotected online inside a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant connected with hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, help to they participate in a quick look up your patent they see that it has lapsed thanks to non-payment of fees and it’s been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You have a patent, can be challenging was poorly written and also cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, as a result they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize individuals. So you get a rejection letter, but websites explain they cannot look right out the company.
23. The right amount . consider items with a sales history they can review and your item never been in production or sold stores or online. So that they really do not need to take the risk of being the first company to encourage it.
As I stated above these are only a few belonging to the reasons you should have your idea/product rejected a new company. Really take the time to on your own and understand your market, your place in that market and plenty of research part different yourself as marketable as is feasible.