Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I gives you a connected with some belonging to the reasons you could obtain gotten discarded. It does not cover every reason you can get rejected, but hopefully it will give you something to look at.
You want realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you will discover that in spite of how good an inspiration you may believe it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject a strategy that they agree could be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. The company may now have a full-line of products and not desperate to add much more.
2. Makes use of is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting the company first to find out their submission policy, to begin with rejected it solely on that trigger.
5. You did not have proper contact regarding your submission. (That is one of the greatest mistakes Inventors make. The company will not bother to track you decrease.)
6. Contain too many similar providers that market is flooded adequately.
7. Your idea interests a very small niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Goods has been really patented by someone else and they don’t want to determine if they might go around it or risk infringement factors.
11. Your products or idea isn’t much better than what has already been on the market. This tells them you didn’t research your idea well and do not need a clue who competitors is in the market.
12. You sent a machine that is exactly like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing whenever compared with what is departing from out the next year.
14. They have a better solution than yours within works reviews for InventHelp release that coming year. (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 on the Inventor contacting the company about their idea. This happens a entire lot. Inventors forget that they are not the only ones creating.)
15. They have received a comparable idea from another Inventor and are in negotiations with this Inventor.
16. Include posted your idea unprotected online in a single of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes company concerned whether any patent protection may allowed and turns it down in accordance to that give.
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 own an issued patent, help to they do a quick search on your patent they discover that it has lapsed due to non-payment of fees and it has been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. There’s a patent, truly was poorly written and does not cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, to ensure that you they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize individuals. So you get a rejection letter, but websites explain they just do not look right out the company.
22. You sent them your product but they have already decided to the line for the year or inventions the following year and are not 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. So do not require to take the risk becoming the first company selling it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected with company. Really take time to yourself and understand your market, your commit that market and plenty of research part different yourself as marketable as we possibly can.