Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I offers a connected with some belonging to the reasons you can get gotten terminated. It does not cover every reason you have access to rejected, but hopefully wanted something to.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you’ll find that no matter how good an idea you may think 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 example that they agree could be profitable. Here are some common reasons why even marketable ideas are rejected.
1. The business may presently have a full-line of services not seeking add very much more.
2. The product is outside their target market.
3. You sent your submission towards the wrong an affiliate the company – don’t assume they’ll automatically send it right one.
4. You sent the idea unsolicited without contacting corporation first to check their submission policy, and they usually rejected it solely on that essence.
5. You didn’t have proper contact information on your entry. (That is one of the greatest mistakes Inventors make. The company will not bother for you to trace you down.)
6. They have too many similar providers that companies are flooded a sufficient quantity of.
7. Your idea appeals to a minimal niche market and they want mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Goods has been really patented by someone else and they just don’t want to find out if they might go around it or risk infringement elements.
11. Goods or idea isn’t much better than what has already been on the. This tells them you didn’t research your idea very nicely and don’t have a clue who competitors is that are available.
12. You sent a product that is precisely like their current product and that current product is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or perhaps on the downswing compared to what is departing from out the following year.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 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 takes place a wonderful deal. Inventors forget that they aren’t ones inventing.)
15. They have received a comparable idea from another InventHelp Inventor Stories and are working negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on your product to find out there is interest. Your public disclosure makes the concerned whether any patent protection properly 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 involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, yet if they begin a quick search on your patent they noticed that it has lapsed due to non-payment of fees and it’s been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and also cover specific product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, which means they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize everyone. So you get a rejection letter, how to get an idea patented but it doesn’t explain they cannot look beyond the company.
22. You sent them your product but they have decided their very own line for the year or the following year and are not open to taking on anything else at period.
23. The right amount . consider items with a sales history they can review and then your item never been being produced or sold stores or online. So do not need to take the risk for being the first company to encourage it.
As I stated above these are a few for this reasons you can have your idea/product rejected by a company. Really take time to plumbing service and understand your market, your commit that market and seek information part to create yourself as marketable as possible.