Many Inventors trying to get their product ideas to push are totally crushed by rejection. So, I thought I would supply a involving some of the reasons you really can have gotten rejected. It does not cover every reason you could get rejected, but hopefully make a something to think about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you will find that no matter how good understanding you may believe it is that gardeners can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an example that they agree could be profitable. Here are some common explanations why even marketable ideas are rejected.
1. This company may now have a full-line of providers not seeking add alot more.
2. The product is outside their target market.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it on the right one.
4. You sent premise unsolicited without contacting group first to find their submission policy, and they rejected it solely on that basis.
5. You did not have proper contact information on your submission. (That is one of the most mistakes Inventors make. An additional will not bother to be able to you decrease.)
6. Include too many similar products and that marketplace is flooded a sufficient quantity of.
7. Your idea interests a small niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort indicates of.
10. Goods has been really patented by someone else and tend not to want to ascertain if they are around it or risk infringement problems.
11. Goods or idea isn’t much better than what has already been on the actual marketplace. This tells them you did not research your idea okay and won’t have a clue who your competition is in the industry.
12. You sent a service or product that is precisely like their current product and that current strategy is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps is on the downswing compared to what is coming out the next year.
14. They have a better solution than yours the actual world 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 to the Inventor inventhelp success contacting the company about their idea. This happens a significant. Inventors forget that they aren’t the sole ones creating.)
15. These have received a similar idea from another Inventor and are currently in negotiations with that Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the company concerned whether any patent protection would eventually be allowed and turns it down depending that send.
17. You posted your unprotected idea and video of the working prototype online and InventHelp Locations possess a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, however they perform quick look up your patent they noticed that it has lapsed due to non-payment of fees and it’s been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written and also cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, to ensure that you they should expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize individuals. So you get a rejection letter, but it doesn’t explain they just do not look away from company.
22. You sent them your product but they have decided to the line for that year or go with the following year and getting a patent are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review your item never been in production or sold stores or online. So that they really do not require to go ahead and take risk getting the first company advertising it.
As I stated above these are simply a few belonging to the reasons you can have your idea/product rejected a new company. Really take period to do your research and understand your market, your invest that market and homework part different yourself as marketable maybe can.