Many Inventors trying to generate their product ideas showcase are totally crushed by rejection. So, I thought I would provide a connected with some of the reasons you should have gotten cast off. It does not cover every reason you have access to rejected, but hopefully it will give you something to.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to own a good idea but you will find that no matter how good understanding you might 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 they will reject an understanding that they agree could be profitable. Here’s some common the logic behind why even marketable ideas are rejected.
1. The company may presently have a full-line of products and not looking to add much more.
2. The product is outside their target market.
3. You sent your submission into the wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting corporation first recognize their submission policy, in addition they rejected it solely on that trigger.
5. You did not have proper contact about your division. (That is one of the highest mistakes Inventors make. An additional will not bother to monitor you up.)
6. Include too many similar providers that companies are flooded a sufficient quantity of.
7. Your idea appeals to a very little niche market and would like mass market items.
8. Price of 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 significantly information to sort with the aid of.
10. Your products has have been patented by someone else and tend not to want to find out if they can go around it or risk infringement elements.
11. Goods or idea isn’t compared to what has already been on market. This tells them you didn’t research your idea okay and don’t own a clue who competitors is in the market.
12. You sent a service or product that is strictly like their current product and that current technique are a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is coming out one year afterwards.
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 the Inventor contacting the company about their idea. This takes place a wonderful deal. Inventors forget that they are not the sole ones creating.)
15. They have already received the identical idea from another Inventor and are working negotiations with this Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the important prototype on youtube and possess a significant regarding hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, yet if they write a quick look up your patent they noticed that it has lapsed resulting from non-payment of fees and has now been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and will not cover the actual Product Patent. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, as a result they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside new ideas for inventions and doesn’t publicize i don’t know. So you get a rejection letter, inventhelp store but it doesn’t explain they never look beyond the company.
22. You sent them your product but these have decided to the line for that year together with following year and aren’t open to taking on anything else at that time.
23. Simply consider items with a sales history they can review and then your item by no means been being produced or sold stores or online. So that they really do n’t want to go ahead and take risk for being the first company to offer it.
As I stated above these are a few with the reasons you should have your idea/product rejected with company. Really take time to research the offers completely and understand your market, your place in that market and study part things yourself as marketable as possible.