Many Inventors trying to generate their product ideas showcase are totally crushed by rejection. So, I thought I gives you a connected with some for the reasons you can get gotten rejected. It does not cover every reason you have access to rejected, but hopefully make a something start thinking about.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to enjoy a good idea but you will discover that irrespective of how good an insurance policy you may think 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 would likely reject a strategy that they agree could be profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. A lot more claims may already have a full line of providers not trying to add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission towards wrong part of 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 find their submission policy, to begin with rejected it solely on that agreement.
5. You did not have proper contact regarding your entry. (That is one of the most mistakes Inventors make. An additional will not bother for you to trace you on paper.)
6. Contain too many similar products and that marketplace is flooded adequately.
7. Your idea draws a minimal niche market and they want mass market items.
8. Costly to manufacture versus the return on investment as well high.
9. Your sales sheet don’t WOW them and lacked consumer benefits information or was overloaded with a lot information to sort by simply.
10. Goods has been really patented by someone else and want to see if they goes around it or risk infringement issues.
11. Your products or idea isn’t much better than what has already been on the actual marketplace. This tells them you didn’t research your idea very nicely and don’t need a clue who competition is that are available.
12. You sent a service or product that is exactly like their current product and inventhelp new inventions that current strategy is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing whenever compared with what isn’t too far off out one year afterwards.
14. They already have a better solution than yours their works for release that coming year. (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 the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones inventing.)
15. They have received the identical idea from another Inventor and are typically negotiations with this Inventor.
16. An individual posted your idea unprotected online a single of those InventHelp Invention Service posting sites where others vote on goods to find out there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, yet if they do a quick explore your patent they discover that it has lapsed due to non-payment of fees and it’s been lapsed significantly following due the present day. Making the chances of it being reinstated unlikely.
19. There are any patent, and it was poorly written and will not cover a lot more product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, which means they should be expecting very little protection that can i patent an idea be found.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but won’t matter explain they don’t really look right out of the company.
22. You sent them your product but they have already decided on their line for the year or that the following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review and then your item has never been being produced or sold stores or online. In order that they do not want to go ahead and take risk to become the first company to market it.
As I stated above these are only a few with the reasons your event may have your idea/product rejected by a company. Really take period to research the offers completely and understand your market, your place in that market and seek information part become worse yourself as marketable as we possibly can.