Many Inventors trying to make their product ideas to push are totally crushed by rejection. So, I thought I would provide a report on some for the reasons you should have gotten rejected. It does not cover every reason you have access to rejected, but hopefully wanted something start thinking about.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to undertake a good idea but you’ll find that regardless how good an idea you may believe it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they reject an idea that they agree would be profitable. Here are some common purposes why even marketable ideas are rejected.
1. They may have also a complete collection of products and not desperate to add somewhat more.
2. The product is outside their target market.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting the company first recognize their submission policy, to begin with rejected it solely on that agreement.
5. You didn’t have proper contact information on your division. (That is one of the most effective mistakes Inventors make. The machines will not bother to you down.)
6. They have too many similar products and that market is flooded proper.
7. Your idea draws a little niche market and they want mass market items.
8. Price of to manufacture versus the return on investment is simply high.
9. Income sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Goods has happened to be patented by someone else and they don’t want to see if they goes around it or risk infringement trouble.
11. Goods or idea isn’t much better what has already been on the marketplace. This tells them you did not research your idea patent perfectly well and don’t need a clue who competition is in the market.
12. You sent a service or product that is precisely 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 Your idea is outdated or is on the downswing in order to what is coming out the following year.
14. They have a better solution than yours involving 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 your Inventor https://redhotchilipeppers007.blogspot.com/ contacting the company about their idea. This takes place a entire lot. Inventors forget that they are not the only ones creating.)
15. They have already received a comparable idea from another Inventor and are in negotiations with this Inventor.
16. Include posted your idea unprotected online in a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant connected with hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, but when they participate in a quick search on your patent they identify that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and doesn’t cover specific product. (This happens a lot)
20. There is design patent invention and designing around your patent is an easy task, meaning that they should expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize that fact. So you get a rejection letter, but it doesn’t explain they just do not look outside the company.
22. You sent them your product but they have decided on your line for that year or that 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 being produced or sold stores or online. To ensure that do not want to consider the risk of being the first company to market it.
As I stated above these are simply a few of the reasons within the glass . your idea/product rejected with company. Really take time to plumbing service and understand your market, your commit that market and plenty of research part things yourself as marketable as possible.