Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I offers a report on some of your reasons you can get gotten denied. It does not cover every reason you could get rejected, but hopefully make a something to look into.
You truly realize that inventing is fundamentally a numbers on the net game! Yes, you still need to get a good idea but you will find that it doesn’t matter how good an inspiration you might think it that you may still get rejected. Many marketable inventions ideas are rejected all period. Even if it doesn’t make sense to you that they reject a strategy that they agree is usually profitable. Listed below are some common the actual reason why even marketable ideas are rejected.
1. They may now have a full-line of providers not desperate to add somewhat more.
2. Makes use of is outside their target market.
3. You sent your submission to the wrong an affiliate 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 out their submission policy, plus they also rejected it solely on that source.
5. You did not have proper contact regarding your submission move. (That is one of the most mistakes Inventors make. Corporation will not bother to monitor you alongside.)
6. Contain too many similar providers that information mill flooded proper.
7. Your idea interests a very little niche market and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort indicates of.
10. Your products has already been patented by someone else and don’t want to ascertain if they might go around it or risk infringement elements.
11. Your products or idea isn’t better than what is already on the market. This tells them you didn’t research your idea very nicely and do not need a clue who competitors is thats available.
12. You sent a procedure that is exactly like their current product and that current technique are a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or maybe on the downswing compared to what is departing from out the next year.
14. They already have a better solution than yours in the works for release that coming annualy. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This happens a lot. Inventors forget that they are not the sole ones creating.)
15. They have received a similar idea from another Inventor and are in negotiations with that Inventor.
16. Include posted your idea unprotected online in one of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the running prototype online and have a significant regarding hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, but when they write a quick explore your patent they see that it has lapsed due to non-payment of fees and allows been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and also cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, which means they can expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i don’t know. So you get a rejection letter, but which are explain they just don’t look beyond the company.
22. You sent them your product but these have decided about their line for that year and therefore following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and then your item by no means been in production or sold stores or online. So they do n’t want to consider the risk for being the first company advertising it.
As I stated above these are just a few belonging to the reasons your event may have your idea/product rejected by a company. Really take time to plumbing service and understand new invention idea your market, your commit that market and homework part different yourself as marketable as we possibly can.