Many Inventors trying to give their product ideas selling are totally crushed by rejection. So, I thought I would supply a involving some of this reasons you should have gotten cast off. It does not cover every reason you have access to rejected, but hopefully as well as your something to look into.
You really have to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you’ll find that in spite of how good an inspiration you could imagine it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they would reject an understanding that they agree would be profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. The business may surely have a full line of services not wanting to add alot more.
2. Makes use of is outside their marketplace.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting group first to observe their submission policy, and they usually rejected it solely on that source.
5. You didn’t have proper contact information on your submission. (That is one of the most effective mistakes Inventors make. The company will not bother to you on paper.)
6. Include too many similar products and that marketplace is flooded enough.
7. Your idea interests a little niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Goods has been really patented by someone else and tend not to want to ascertain if they are around it or risk infringement elements.
11. Your product or idea isn’t better than what is definitely on the market. This tells them you did not research your idea well and won’t have a clue who the competitors is in the industry.
12. You sent a procedure that is precisely like their current product and that current device is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or possibly on the downswing whenever compared with what will be coming out the year after.
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 even when the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. This happens a wonderful deal. Inventors forget that they aren’t the sole ones creating.)
15. They have received a comparable idea from another Inventor and are typically negotiations with this Inventor.
16. A person posted your idea unprotected online in a single of those invention companies posting sites where others vote on your products to find out there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down in accordance to that send.
17. You posted your unprotected idea and video of the significant 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 need an issued patent, however they write a quick look on your patent they see that it has lapsed resulting from non-payment of fees and features been lapsed significantly after due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, nevertheless was poorly written as well as cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, meaning that they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize everyone. So you get a rejection letter, but it doesn’t explain they cannot look right out of the company.
22. You sent them your product but they have already decided on their line for the year or InventHelp Innovation 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 InventHelp Review your item by no means been being produced or sold stores or online. In order that they do not require to go ahead and take risk for being the first company to offer it.
As I stated above these are simply a few of the reasons you can have your idea/product rejected with company. Really take time to yourself and understand your market, your place in that market and do your part things yourself as marketable as is feasible.