Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I gives you a report on some for the reasons you should have gotten discarded. It does not cover every reason you can get rejected, but hopefully it will give you something to think about.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you will find that irrespective of how to invent a product good an insurance policy you may believe it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that would likely reject an image that they agree would be profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. The business may have also a full line of providers not wanting to add somewhat more.
2. Makes use of is outside their target market.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting firm first to find their submission policy, in addition they rejected it solely on that source.
5. You didn’t have proper contact regarding your submission move. (That is one of the most mistakes Inventors make. The corporation will not bother to track you alongside.)
6. Possess too many similar providers that information mill flooded enough.
7. Your idea draws a small niche market and desire mass market items.
8. Value to manufacture versus the return on investment is simply high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with significantly information to sort indicates of.
10. Your products has been really patented by someone else and they don’t want to determine if they are around it or risk infringement elements.
11. Your products or idea isn’t much better what is on the actual marketplace. This tells them you did not research your idea well and don’t need a clue who your competition is thats available.
12. You sent a service or product that is just like their current product and that current set up is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps on the downswing when what is on its way out a year later.
14. They have a better solution than yours their 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, InventHelp samples, etc prior on the Inventor contacting the company about their idea. This happens a masse. Inventors forget that they aren’t the sole ones inventing.)
15. These have received a similar idea from another Inventor and are developed in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a single of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes company concerned whether any patent protection may allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the significant 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 should have an issued patent, yet if they write a quick look on your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and does not cover far more product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, as a result they should be expecting very little protection for sale.
21. Sometimes the company you have approached just doesn’t look at outside ideas and does not publicize individuals. So you get a rejection letter, but won’t matter explain they just do not look away from company.
22. You sent them your product but they have already decided on your line for that year or the 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 in production or sold stores or online. So do not require to go ahead and take risk becoming the first company advertising it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected a new product ideas company. Really take period to on your own and understand your market, your commit that market and do your part things yourself as marketable maybe can.