Many Inventors trying to give their product ideas to push are totally crushed by rejection. So, I thought I would supply a report on some of this reasons you should have gotten rejected. It does not cover every reason you could get rejected, but hopefully make a something to look into.
You wish to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you’ll find that irrespective of how good an insurance policy you may think it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would certainly reject an idea that they agree is usually profitable. Here’s some common reasons why even marketable ideas are rejected.
1. The company may already have a full line of products and not looking to add more.
2. Makes use of is outside their marketplace.
3. You sent your submission to the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent premise unsolicited without contacting the company first to observe their submission policy, plus they also rejected it solely on that source.
5. You did not have proper contact information on your entry. (That is one of the most effective mistakes Inventors make. An additional will not bother to monitor you up.)
6. Possess too many similar services that companies are flooded adequately.
7. Your idea attracts a small niche market and desire mass market items.
8. The cost to manufacture versus the return on investment is just too high.
9. Income sheet did not WOW them and lacked consumer benefits information or was overloaded with a lot information to sort through.
10. Your product has happened to be patented by someone else and don’t want to determine if they are around it or risk infringement factors.
11. Your product or idea isn’t better than what is on the actual marketplace. This tells them you did not research your idea very well and don’t need a clue who competitors is that are available.
12. You sent a product that is just like their current product and that current set up is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing when what is coming out the following year.
14. They already have a better solution than yours involving works for release that coming . (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 into the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the only ones creating.)
15. These have received to correct idea from another Inventor and are currently in negotiations with this Inventor.
16. An individual posted your idea unprotected online in a single of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes company 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 functional prototype on youtube and possess a significant quantity of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, help to they do a quick browse your patent they discover that it has lapsed resulting from non-payment of fees and it has been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written and does not cover far more product. (This happens a lot)
20. You then have a design patent and designing around your patent a product is a straightforward task, to ensure that you they should expect very little protection in the marketplace.
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 websites explain they never look right out of the company.
22. You sent them your product but these have decided on their line reviews for InventHelp the year or go with the following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review your item has never been being produced or sold stores or online. To ensure that do n’t want to take the risk to become the first company to market it.
As I stated above these are only a few within the reasons your event may have your idea/product rejected a new ideas for inventions company. Really take period to on your own and understand your market, your commit that market and seek information part to create yourself as marketable maybe can.