Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I gives you a list of some belonging to the reasons you could have gotten rejected. It does not cover every reason you can get rejected, but hopefully make a something to.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you’ll find that irrespective of how good a perception you may believe 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 could be profitable. Here’s some common explanations why even marketable ideas are rejected.
1. The business may surely have a full-line of products and not wanting to add much more.
2. Urge for food is outside their marketplace.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting corporation first to find their submission policy, and they rejected it solely on that source.
5. You didn’t have proper contact information on your submission. (That is one of the actual mistakes Inventors make. Corporation will not bother to you alongside.)
6. They have too many similar products and that sector is flooded proper.
7. Your idea interests a very little niche market and desire mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Your sales sheet never did WOW them and idea patent lacked consumer benefits information or was overloaded with great deal information to sort with the aid of.
10. Your products has have been patented by someone else and want to determine if they might go around it or risk infringement problems.
11. Your products or idea isn’t much better than what is on the marketplace. This tells them you didn’t research your idea okay and do not need a clue who competitors is thats available.
12. You sent a machine that is precisely like their current product and that current set up is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or is on the downswing in order to what is on its way out one year afterwards.
14. They already have a better solution than yours within works for release that coming annualy. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Takes place a significant. Inventors forget that they are not the only ones inventing.)
15. These have received a similar idea from another Inventor and are working negotiations with this Inventor.
16. An individual posted your idea unprotected online in a of those invention idea posting sites where others vote on your product to see if there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, whenever they write a quick look on your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly beyond the due the present day. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and does not cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, as a result they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize everyone. So you get a rejection letter, but websites explain they don’t really look right out of the company.
22. You sent them your product but they have decided to the line for InventHelp Innovation the year together with following year and aren’t open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review your item by no means been in production or sold stores or online. So do n’t need to consider the risk becoming the first company selling it.
As I stated above these are simply a few for this reasons you can have your idea/product rejected a new company. Really take time to yourself and understand your market, your commit that market and do your part to create yourself as marketable as we possibly can.