Many Inventors trying to bring their product ideas to push are totally crushed by rejection. So, I thought I offers a report on some for the reasons you really can have gotten terminated. It does not cover every reason you could get rejected, but hopefully it will give you something to look into.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to enjoy a good idea but you’ll find that it doesn’t matter how to start an invention good an idea you may think it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject an idea that they agree is usually profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. They may already have a complete collection of providers not trying to add more.
2. Make use of this is outside their marketplace.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting corporation first to find out their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact information on your division. (That is one of the actual mistakes Inventors make. The corporation will not bother to be able to you up.)
6. Contain too many similar services that market is flooded proper.
7. Your idea attracts a little niche market and besides mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Your product has have been patented by someone else and tend not to want to determine if they can go around it or risk infringement trouble.
11. Your InventHelp Store Products or idea isn’t better than what has already been on the market. This tells them you did not research your idea very well and don’t own a clue who competitors is that are available.
12. You sent a procedure that is exactly like their current product and that current product is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing in comparison to what is on its way out one year afterwards.
14. They have a better solution than yours in the works for release that coming calendar months. (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 the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they aren’t ones creating.)
15. These have received to correct idea from another Inventor and are in negotiations with this Inventor.
16. You need to posted your idea unprotected online inside a of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the concerned whether any patent protection will be allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the functional prototype online and have a significant involving hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, however they begin a quick explore your patent they identify 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. There’s a patent, and it was poorly written and doesn’t cover the particular product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, so 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 i’m not sure. So you get a rejection letter, but it doesn’t explain they never look right out of the company.
22. You sent them your product but they have already decided on your line for the year or the following year and aren’t open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review your item by no means been being produced or sold stores or online. So how do you get a patent n’t need to consider the risk to become the first company advertising it.
As I stated above these are just a few of the reasons within the glass . your idea/product rejected along with a company. Really take the time to do your research and understand your market, your put into that market and study part to create yourself as marketable as possible.