Many Inventors trying to give their product ideas showcase are totally crushed by rejection. So, I thought I gives you a list of some for the reasons you should have gotten denied. It does not cover every reason you have access to rejected, but hopefully wanted something to think about.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you will find that in spite of how good understanding you might think it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they will reject an example that they agree could be profitable. Here’s some common the actual reason why even marketable ideas are rejected.
1. The business may presently have a full line of products and not looking to add very much more.
2. Product or service is outside their marketplace.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent viewed as unsolicited without contacting firm first to find their submission policy, to begin with rejected it solely on that source.
5. You didn’t have proper contact about your division. (That is one of the highest mistakes Inventors make. The corporation will not bother to you down.)
6. Contain too many similar services that marketplace is flooded plenty of.
7. Your idea attracts a very small niche market an invention idea and they want mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with great deal information to sort indicates of.
10. Your product has happened to be patented by someone else and they don’t want to find out if they should go around it or risk infringement problems.
11. Goods or idea isn’t compared to what is already on the. This tells them you did not research your idea very well and won’t have a clue who competition is in the industry.
12. You sent a machine that is strictly 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 Your idea is outdated or is on the downswing in comparison to what is on its way out the year after.
14. They already have a better solution than yours the actual world works for release that coming . (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, InventHelp Caveman Commercial samples, etc prior on the Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. These have received another similar idea from another Inventor and are currently in negotiations with this Inventor.
16. Include posted your idea unprotected online a single of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the significant prototype online and have a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, but when they perform quick look up your patent they discover that it has lapsed resulting from non-payment of fees and allows been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. There are any patent, nevertheless 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 an easy task, meaning that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize i don’t know. So you get a rejection letter, but it doesn’t explain they just don’t look away from company.
22. You sent them your product but they have already decided on their line for that year or that the following year and are not open to taking on anything else at period.
23. The right amount . consider items with a sales history they can review together item never been being produced or sold stores or online. So do n’t need to go ahead and take risk becoming the first company selling it.
As I stated above these are a few of the reasons your event may have your idea/product rejected a new product idea company. Really take period to plumbing service and understand your market, your put into that market and study part to create yourself as marketable as we possibly can.