Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I would supply a report on some of this reasons you can get gotten cast off. It does not cover every reason you have access to rejected, but hopefully wanted something to look at.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you’ll find that it doesn’t matter how to get a patent on an idea good an insurance policy you might think it is you can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject an example that they agree that i see profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. This company may now have a full-line of services not desperate to add much more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong an associate the company – don’t assume they’ll automatically send it on the right one.
4. You sent premise unsolicited without contacting corporation first to check their submission policy, and they usually rejected it solely on that source.
5. You didn’t have proper contact about your submission. (That is one of the most effective mistakes Inventors make. The company will not bother to you up.)
6. Contain too many similar services that sector is flooded enough.
7. Your idea draws a very little niche market and desire mass market items.
8. The price how to pitch an invention to a company manufacture versus the return on investment as well high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your product has already been patented by someone else and they don’t want to see if they goes around it or risk infringement factors.
11. Your product or idea isn’t better than what is definitely on the marketplace. This tells them you did not research your idea okay and don’t need a clue who the competitors is thats available.
12. You sent a specific thing that is exactly like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing compared to what isn’t too far off out the following year.
14. They already have a better solution than yours involving works for release that coming yr. (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. This takes place a lot. Inventors forget that they are not the only ones inventing.)
15. They have already received to correct idea from another Inventor and are in negotiations with that Inventor.
16. You have posted your idea unprotected online in one of those InventHelp Invention News posting sites where others vote on your products to check if there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down in accordance to that give.
17. You posted your unprotected idea and video of the working prototype online and have a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, but when they perform quick browse your patent they identify that it has lapsed thanks to non-payment of fees and it’s been lapsed significantly over the due the present day. Making the chances of it being reinstated unlikely.
19. There are any patent, nevertheless was poorly written and also cover the particular product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, to ensure that you they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but websites explain they just don’t look right out of the company.
22. You sent them your product but they have already decided their very own line for that year or the following year and aren’t open to taking on anything else at that time.
23. They only consider items with a sales history they can review nicely item never been being produced or sold stores or online. In order that they do not need to take the risk of being the first company to market it.
As I stated above these are only a few for this reasons within the glass . your idea/product rejected along with a company. Really take period to do your research and understand your market, your commit that market and plenty of research part things yourself as marketable as is feasible.