Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I gives a list of some belonging to the reasons you can get gotten discarded. It does not cover every reason you have access to rejected, but hopefully as well as your something to look into.
You truly 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 understanding you may think it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an image that they agree that i see profitable. Below are some common purposes why even marketable ideas are rejected.
1. The company may already have a complete collection of products and not looking to add somewhat more.
2. Urge for food is outside their marketplace.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting firm first to find their submission policy, and they rejected it solely on that source.
5. You did not have proper contact regarding your entry. (That is one of the most mistakes Inventors make. Corporation will not bother to monitor you on paper.)
6. Possess too many similar services that information mill flooded proper.
7. Your idea draws a little niche market and new invention idea they want mass market items.
8. Value to manufacture versus the return on investment as well 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. Goods has have been patented by someone else and want to determine if they can go around it or risk infringement issues.
11. Your product or idea isn’t better than what is already on the marketplace. This tells them you did not research your idea perfectly well and don’t have a clue who the competitors is that are available.
12. You sent a procedure that is precisely like their current product and that current technique are a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or perhaps on the downswing in comparison to what is on its way out the year after.
14. They 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 to your Inventor contacting the company about their idea. Takes place a wonderful deal. 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 this Inventor.
16. An individual posted your idea unprotected online a single 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 may allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the functional prototype online and possess a significant regarding hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, but when they perform quick explore your patent they see that it has lapsed resulting from non-payment of fees and has now been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written as well as cover far more inventhelp product development. (This happens a lot)
20. You will have a design patent and designing around your patent is a straightforward task, to ensure that you they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize individuals. So you get a rejection letter, but won’t matter explain they cannot look beyond the company.
22. You sent them your product but these have decided on their line for the year and therefore following year and aren’t 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 by no means been being produced or sold stores or online. In order that they do not require to consider the risk for being the first company selling it.
As I stated above these are only a few belonging to the reasons you can have your idea/product rejected a new company. Really take time to do your research and understand your market, your commit that market and do your part different yourself as marketable as possible.