Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I would supply a report on some belonging to the reasons you can get gotten denied. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to look at.
You wish to realize that inventing is fundamentally a numbers on-line! Yes, you still need to enjoy a good idea but you will find that in spite of how to patent good understanding you could imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an understanding that they agree that i see profitable. Below are some common explanations why even marketable ideas are rejected.
1. The company may surely have a full-line of services not looking to add more.
2. Product or service is outside their marketplace.
3. You sent your submission towards wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting vehicle first recognize their submission policy, and they rejected it solely on that essence.
5. You didn’t have proper contact regarding your division. (That is one of the most effective mistakes Inventors make. An additional will not bother to be able to you on paper.)
6. They have too many similar products and that marketplace is flooded adequately.
7. Your idea appeals to a very small niche market and desire mass market items.
8. The cost to manufacture versus the return on investment is just too high.
9. Income sheet did not WOW them and lacked consumer benefits information or was overloaded with great deal information to sort with the aid of.
10. Your product has recently been patented by someone else and tend not to want to see if they are around it or risk infringement elements.
11. Your products or idea isn’t better than what has already been on the. This tells them you did not research your idea very nicely and won’t have a clue who your competition is in the market.
12. You sent a specific thing that is precisely like their current product and that current technique are a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps is on the downswing compared to what is departing from out the following year.
14. They already have a better solution than yours the actual world works for release that coming annualy. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior on the Inventor how to patent ideas contacting the company about their idea. This takes place a wonderful deal. Inventors forget that they aren’t the sole ones creating.)
15. These have received to correct idea from another Inventor and are developed in negotiations with that Inventor.
16. An individual 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 the company concerned whether any patent protection would be allowed and turns it down depending that issue.
17. You posted your unprotected idea and video of the significant prototype online and have a significant number of 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, however they participate in a quick look up your patent they noticed that it has lapsed due to non-payment of fees and features been lapsed significantly following due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and will not cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, so that they can expect very little protection for Tech sale.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize that fact. So you get a rejection letter, but permit you explain they don’t really look right out the company.
22. You sent them your product but they have already decided on your line for that year and therefore 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 and your item has never been in production or sold stores or online. So they do not want to take the risk to become the first company to offer it.
As I stated above these are a few of the reasons you can have your idea/product rejected a new company. Really take period to do your research and understand your market, your put in that market and do your part to make yourself as marketable as we possibly can.