Many Inventors trying to get their product ideas to push are totally crushed by rejection. So, I thought I gives a regarding some belonging to the reasons you really can have gotten cast off. It does not cover every reason you have access to rejected, but hopefully plans and ideas something start thinking about.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you will find that regardless how good an idea you may think it is you can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an understanding that they agree this would definately be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. A lot more claims may now have a full line of products and not desperate to add much more.
2. The product is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent viewed as unsolicited without contacting the company first recognize their submission policy, and they rejected it solely on that trigger.
5. You did not have proper contact regarding your division. (That is one of the actual mistakes Inventors make. An additional will not bother for you to trace you decrease.)
6. Contain too many similar services that market is flooded a sufficient quantity of.
7. Your idea appeals to a very small niche market and desire mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with great deal information to sort indicates of.
10. Your products has have been patented by someone else and don’t want to ascertain if they might go around it or risk infringement factors.
11. Your products or idea isn’t much better what is already on the market. This tells them you didn’t research your idea very well and don’t own a clue who competition is thats available.
12. You sent a service or product that is exactly like their current product and that current technique are a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or is on the downswing in order to what isn’t too far off out one year afterwards.
14. They already have a better solution than yours within works for release that coming . (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, InventHelp New Products samples, etc prior for the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they are not the sole ones creating.)
15. They have received a comparable idea from another Inventor and InventHelp Commercials are typically negotiations with that Inventor.
16. Include posted your idea unprotected online a single of those InventHelp Invention Service posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the important prototype online and have a significant number of hits. This again 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 begin a quick look up your patent they identify that it has lapsed resulting from non-payment of fees and has now been lapsed significantly beyond the due associate with. Making the chances of it being reinstated unlikely.
19. You’ve got patent, nevertheless was poorly written and doesn’t cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, so that they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but permit you explain they don’t really look outside the company.
22. You sent them your product but they have decided on their line for the year and therefore following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review and your item by no means been in production or sold stores or online. To ensure that do not need to consider the risk for being the first company advertising it.
As I stated above these are only a few of the reasons you should have your idea/product rejected along with a company. Really take time to on your own and understand your market, your place in that market and homework part become worse yourself as marketable as it can.