Many Inventors trying to make their product ideas to push are totally crushed by rejection. So, I thought I gives you a involving some for the reasons you really can have gotten terminated. It does not cover every reason you have access to rejected, but hopefully wanted something to look into.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, new product idea you still need to undertake a good idea but you will discover that in spite of how good an idea you may think it that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would likely reject an image that they agree is usually profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. The business may now have a full-line of products and not seeking add very much 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 off to the right one.
4. You sent the idea unsolicited without contacting group first recognize their submission policy, plus they also rejected it solely on that source.
5. You didn’t have proper contact information on your submission move. (That is one of the greatest mistakes Inventors make. An additional will not bother to be able to you on paper.)
6. Include too many similar InventHelp Products and that companies are flooded a sufficient quantity of.
7. Your idea attracts a small niche market and would like mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with significantly information to sort indicates of.
10. Goods has been really patented by someone else and they don’t want to determine if they should go around it or risk infringement problems.
11. Goods or idea isn’t better than what is definitely on the marketplace. This tells them you did not research your idea very well and don’t own a clue who the competitors is looking.
12. You sent a product that is precisely like their current product and that current product is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing when what will be coming out a year later.
14. They have a better solution than yours in the 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 for the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the only ones inventing.)
15. They have received a comparable idea from another Inventor and are typically negotiations with that Inventor.
16. You need to posted your idea unprotected online in a of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant regarding hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, yet if they write a quick look up your patent they discover that it has lapsed by way of non-payment of fees and it has been lapsed significantly past the due associate with. Making the chances of it being reinstated unlikely.
19. You have a patent, truly was poorly written and will not cover far more product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, meaning that they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but websites explain they don’t really look right out the company.
22. You sent them your product but they have already decided to the line for the 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 and then your item by no means been in production or sold stores or online. To ensure that do not require to consider the risk to become the first company selling it.
As I stated above these are simply a few of the reasons abdominal muscles your idea/product rejected by a company. Really take time to do your research and understand your market, your commit that market and do your part things yourself as marketable as we possibly can you patent an idea.