Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I gives a involving some of this reasons you should have gotten cast off. It does not cover every reason you could get rejected, but hopefully make a something to think about.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to own a good idea but you will find that it doesn’t matter how good a perception you may believe it is you can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they will reject a strategy that they agree would be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. They may presently have a full line of products and not seeking add more.
2. Makes use of is outside their marketplace.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting corporation first to check their submission policy, and they rejected it solely on that basis.
5. You didn’t have proper contact information on your entry. (That is one of the greatest mistakes Inventors make. Corporation will not bother to track you decrease.)
6. They have too many similar providers that information mill flooded enough.
7. Your idea attracts a little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Goods has been really patented by someone else and they just don’t want to see if they can you patent an idea go around it or risk infringement trouble.
11. Your product or idea isn’t much better than what is already on the. This tells them you didn’t research your idea okay and won’t have a clue who other sellers is in the market.
12. You sent a procedure that is precisely like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or is on the downswing in order to what is on its way out the next year.
14. They already have a better solution than yours involving works for release that coming . (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the sole ones inventing.)
15. They have received another similar idea from another Inventor and InventHelp Commercial are working negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down in keeping with that ailment.
17. You posted your unprotected idea and video of the significant prototype on youtube and onlinblogpost.tumblr.com possess a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, yet if they begin a quick search on your patent they discover that it has lapsed thanks to non-payment of fees and allows been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. There are any patent, nevertheless was poorly written and also cover far more product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, which means they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize that fact. So you get a rejection letter, but won’t matter explain they just don’t look beyond the company.
22. You sent them your product but they have decided about their line for that year together with following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review nicely item by no means been in production or sold stores or online. So they do n’t need to go ahead and take risk of being the first company advertising it.
As I stated above these are only a few of the reasons your event may have your idea/product rejected a new company. Really take period to on your own and understand your market, your invest that market and do your part become worse yourself as marketable maybe can.