Many Inventors trying to make their product ideas selling are totally crushed by rejection. So, I thought I gives a involving some of the reasons you can get gotten rejected. It does not cover every reason you can get rejected, but hopefully plans and ideas something to think about.
You really have to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will find that regardless how good an insurance policy you might imagine 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. Below are some common purposes why even marketable ideas are rejected.
1. They may surely have a full-line of products and not trying to add much more.
2. Make use of this 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 to the correct one.
4. You sent viewed as unsolicited without contacting the company first to find out their submission policy, plus they also rejected it solely on that trigger.
5. You didn’t have proper contact regarding your the distribution. (That is one of the actual mistakes Inventors make. The machines will not bother to you decrease.)
6. They have too many similar products and that sector is flooded enough.
7. Your idea draws a little niche market and desire mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort by simply.
10. Your product has have been patented by someone else and don’t want to see if they are around it or risk infringement problems.
11. Goods or idea isn’t compared to what is definitely on the marketplace. This tells them you didn’t research your idea very nicely and do not need a clue who competition is looking.
12. You sent a procedure that is strictly like their current product and that current technique are a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps is on the downswing compared to what isn’t too far off out the next year.
14. They already have a better solution than yours their works for release that coming calendar months. (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 to the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the only ones inventing.)
15. They have received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. You have posted your idea unprotected online a single of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes the concerned whether any patent protection will be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the significant prototype on youtube and have a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent an invention, but when they perform quick search on your patent they make it a point it has lapsed due to non-payment of fees and it’s been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and will not cover the actual product. (This happens a lot)
20. You will have a design patent and geniousworld.tumblr.com designing around your patent is a simple task, which means they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize individuals. So you get a rejection letter, but won’t matter explain they cannot look right out of the company.
22. You sent them your product but they have already decided about their line for the year or the following year and are not open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can InventHelp review nicely item has never been in production or sold stores or online. So that they really do not want to consider the risk for being the first company to offer it.
As I stated above these are a few for this reasons you should have your idea/product rejected the company. Really take time to do your research and understand your market, your put into that market and homework part things yourself as marketable as we possibly can.