Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I would supply a regarding some for the reasons you can get gotten rejected. It does not cover every reason you have access to rejected, but hopefully it will give you something to.
You really have to realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you’ll find that no matter how good an inspiration you might think it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they reject an image that they agree that i see profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. The business may have also a complete collection of products and not trying to add somewhat more.
2. The product is outside their target market.
3. You sent your submission to the wrong an associate 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 observe their submission policy, and they rejected it solely on that trigger.
5. You didn’t have proper contact information on your the distribution. (That is one of the highest mistakes Inventors make. The machines will not bother to track you decrease.)
6. Contain too many similar services that sector is flooded adequately.
7. Your idea attracts a little niche market and besides mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Income sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with too much information to sort because of.
10. Your product has already been patented by someone else and they just don’t want to find out if they might go around it or risk infringement factors.
11. Your products or idea isn’t compared to what has already been on the. This tells them you did not research your idea perfectly well and do not need a clue who other sellers is in the market.
12. You sent a service or product that is exactly like their current product and inventions ideas that current device is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or maybe on the downswing in comparison to what is on its way out a year later.
14. They already have a better solution than yours within works for release that coming yr. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the sole ones creating.)
15. These have received to correct idea from another Inventor and are currently in negotiations with this Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the working prototype online and have a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, yet if they do a quick explore your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. There are any patent an idea, and it was poorly written and does not cover far more product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, as a result they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize everyone. So you get a rejection letter, but websites explain they just do not look outside the company.
22. You sent them your product but they have decided their very own line for that year or the following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review your item by no means been being produced or sold stores or online. So they do n’t need to take the risk for being the first company selling it.
As I stated above these are just a few for this reasons you should have your idea/product rejected a InventHelp New Products company. Really take the time to yourself and understand your market, your place in that market and do your part to create yourself as marketable as possible.