Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I would provide a list of some belonging to the reasons you should have gotten rejected. It does not cover every reason you can get rejected, but hopefully plans and ideas something to look into.
You truly realize that inventing is fundamentally a numbers on the net game! Yes, you still need to enjoy a good idea but you will find that regardless how good a perception you might imagine 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 will reject an understanding that they agree is usually profitable. Here’s some common reasons why even marketable ideas are rejected.
1. A lot more claims may now have a complete collection of providers not wanting to add alot more.
2. The product is outside their target market.
3. You sent your submission to the wrong part of 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 to check their submission policy, and they rejected it solely on that trigger.
5. You didn’t have proper contact regarding your submission. (That is one of the highest mistakes Inventors make. The company will not bother to be able to you up.)
6. Contain too many similar providers that companies are flooded enough.
7. Your idea attracts a very small niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your product has happened to be patented by someone else and tend not to want to determine if they can go around it or risk infringement trouble.
11. Your products or idea isn’t much better what has already been on the actual marketplace. This tells them you did not research your idea okay and don’t own a clue who your competition is that are available.
12. You sent a specific thing that is strictly like their current product and that current product is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps on the downswing in comparison to what isn’t too far off out the following year.
14. They have a better solution than yours their works for release that coming yr. (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 to your Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they aren’t the sole ones creating.)
15. They have received the identical idea from another Inventor and are in negotiations with that Inventor.
16. Include posted your idea unprotected online inside a of those invention ideas posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection would eventually be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the functional prototype online and have a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have patenting an idea issued patent, but when they do a quick look up your patent they noticed that it has lapsed by way of non-payment of fees and has now been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and also cover a lot more product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, to ensure that you they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize i’m not sure. So you get a rejection letter, but permit you explain they just do not look right out of the company.
22. You sent them your product but these have decided about their line for InventHelp New Store Products that year or the following year and aren’t open to taking on anything else at period.
23. Simply consider items with a sales history they can review together item never been in production or sold stores or online. To ensure that do not need to take the risk getting the first company to encourage it.
As I stated above these are simply a few of the reasons within the glass . your idea/product rejected by a company. Really take period to on your own and understand your market, your place in that market and do your part become worse yourself as marketable as we possibly can.