Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I gives you a report on some belonging to the reasons you could have gotten cast off. It does not cover every reason you have access to rejected, but hopefully make a something to look at.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to enjoy a good idea but you will discover that in spite of how good a perception you may think it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an image that they agree is usually profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. They may now have a full-line of products and not looking to add very much more.
2. Make use of this is outside their marketplace.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent one does this program unsolicited without contacting the company first to find their submission policy, plus they also rejected it solely on that trigger.
5. You didn’t have proper contact about your the distribution. (That is one of the greatest mistakes Inventors make. The corporation will not bother to track you decrease.)
6. Include too many similar providers that sector is flooded plenty of.
7. Your idea attracts a very small niche market and they want mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Income sheet did not WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort by simply.
10. Your product has happened to be patented by someone else and they don’t want to see if they should go around it or risk infringement problems.
11. Your product or idea isn’t much better what is on the actual marketplace. This tells them you did not research your idea okay and do not need a clue who competitors is looking.
12. You sent a machine that is just like their current product and that current technique are a marginal seller. So yours will not fare much better.
13. Your idea is outdated or possibly on the downswing in comparison to what will be coming out a year later.
14. They have a better solution than yours involving works for release that coming year. (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 on the Inventor contacting the company about their idea. This happens a lot. Inventors forget that they aren’t ones creating.)
15. These have received another similar idea from another Inventor and are typically negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those new invention ideas posting sites where others vote on your product to find out there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down derived from that ailment.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant connected with hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, but when they begin a quick look on your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. There’s a patent, can be challenging was poorly written and also cover a lot more inventhelp product development. (This happens a lot)
20. It is easy to design InventHelp patent services and designing around your patent is a straightforward task, which means they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize that fact. So you get a rejection letter, but won’t matter explain they never look beyond the company.
22. You sent them your product but these have decided on their line for that year or go with the following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review and your item by no means been in production or sold stores or online. So do not want to consider the risk of being the first company to market it.
As I stated above these are simply a few belonging to the reasons abdominal muscles your idea/product rejected by a company. Really take time to research the offers completely and understand your market, your place in that market and do your part to make yourself as marketable as is feasible.