Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I offers a report on some of this reasons you can get gotten rejected. It does not cover every reason you have access to rejected, but hopefully make a something to look into.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you will discover that irrespective of how good understanding you may think it is that you could still get rejected. Many marketable inventions ideas are rejected all the time. Even if it does not make sense to you that they would reject an example that they agree this would definately be profitable. Here are some common the actual reason why even marketable ideas are rejected.
1. They may surely have a full line of providers not looking to add much more.
2. Product or service is outside their target market.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting firm first recognize their submission policy, and they usually rejected it solely on that source.
5. You did not have proper contact about your division. (That is one of the greatest mistakes Inventors make. The corporation will not bother to track you down.)
6. Possess too many similar services that sector is flooded proper.
7. Your idea interests a very small niche market and besides mass market items.
8. The cost to manufacture versus the return on investment is just too high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your products has already been patented by someone else and they just don’t want to find out if they can go around it or risk infringement trouble.
11. Your product or idea isn’t compared to what is definitely on the marketplace. This tells them you didn’t research your idea perfectly well and don’t own a clue who competitors is in the market.
12. You sent a procedure that is just like their current product and InventHelp reviews that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is departing from out the following year.
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 InventHelp Headquarters contacting the company about their idea. Goes on a significant. Inventors forget that they aren’t ones creating.)
15. They have already received the identical idea from another Inventor and are working negotiations with this Inventor.
16. You have posted your idea unprotected online in one of those invention posting sites where others vote on goods to find out there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant regarding hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, but when they write a quick look on your patent they identify that it has lapsed thanks to non-payment of fees and features been lapsed significantly beyond the due date. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and does not cover far more product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, which means they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize individuals. So you get a rejection letter, but won’t matter explain they don’t really look away from company.
22. You sent them your product but these have decided their very own line for the year or that 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 nicely item by no means been in production or sold stores or online. In order that they do not require to take the risk to become the first company to encourage it.
As I stated above these are a few within the reasons you should have your idea/product rejected by a company. Really take the time to research the offers completely and understand your market, your put in that market and homework part to create yourself as marketable as it can.