Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I offers a connected with some of this reasons you really can have gotten cast off. It does not cover every reason you can get rejected, but hopefully make a something start thinking about.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to enjoy a good idea but you’ll find 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 they reject an example that they agree could be profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. This company may already have a full line of services not desperate to add alot more.
2. Makes use of is outside their marketplace.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting firm first to find out their submission policy, invention and they usually rejected it solely on that source.
5. You didn’t have proper contact regarding your entry. (That is one of the greatest mistakes Inventors make. The machines will not bother to monitor you decrease.)
6. Contain too many similar products and that market is flooded plenty of.
7. Your idea appeals to a very small niche market and they want mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your product has happened to be patented by someone else and tend not to want to see if they might go around it or risk infringement trouble.
11. Your product or idea isn’t much better than what is definitely on the market. This tells them you did not research your idea well and don’t have a clue who your competition is that are available.
12. You sent a specific thing that is precisely like their current product and that current technique are 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 Your idea is outdated or perhaps is on the downswing compared to what is on its way out one year afterwards.
14. They already have a better solution than yours involving 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 into the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they aren’t the sole ones creating.)
15. They have already received a similar idea from another Inventor and are in negotiations with that Inventor.
16. Include posted your idea unprotected online in a single of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the functional prototype online and have 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, but when they perform quick search on your patent an invention they noticed that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. There are any patent, and it was poorly written and does not cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, as a result they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize that fact. So you get a rejection letter, but won’t matter explain they cannot look away from company.
22. You sent them your product but they have decided to the line for that year or the following year and inventhelp locations aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review and then your item has never been in production or sold stores or online. To ensure that do n’t want to consider the risk for being the first company to offer it.
As I stated above these are only a few within the reasons you can have your idea/product rejected a new company. Really take time to do your research and understand your market, your invest that market and plenty of research part different yourself as marketable as we possibly can.