Many Inventors trying to bring their product ideas to push are totally crushed by rejection. So, I thought I offers a regarding some of the reasons you should have gotten terminated. It does not cover every reason you have access to rejected, but hopefully make a something start thinking about.
You really have to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to own a good idea but you will discover that it doesn’t matter how to pitch an invention to a company good a perception you might imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would certainly reject a strategy that they agree is usually profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. The business may now have a full line of products and not looking to add alot more.
2. The product is outside their marketplace.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it to the right one.
4. You sent premise unsolicited without contacting vehicle first recognize their submission policy, plus they also rejected it solely on that essence.
5. You did not have proper contact regarding your entry. (That is one of the most effective mistakes Inventors make. The machines will not bother for you to trace you on paper.)
6. Possess too many similar products and that information mill flooded plenty of.
7. Your idea attracts a very small niche market and desire mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with significantly information to sort indicates of.
10. Goods has recently been patented by someone else and they just don’t want to ascertain if they can go around it or risk infringement problems.
11. Your product or idea isn’t better than what is already on the. This tells them you didn’t research your idea well and won’t have a clue who your competition is thats available.
12. You sent a procedure that is precisely like their current product and that current device is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or is on the downswing compared to what isn’t too far off out the following year.
14. They have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the sole ones creating.)
15. These have received to correct idea from another Inventor and are developed in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the important prototype on youtube and have a significant connected with 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, whenever they write a quick search on your patent they identify that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and also cover a lot more Inventhelp Product Development. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, meaning that they should be expecting very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize i’m not sure. So you get a rejection letter, but won’t matter explain they don’t really look beyond the company.
22. You sent them your product but they have decided to the line for that year or go with the following year and inventions ideas are not open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item by no means been being produced or sold stores or online. To ensure that do n’t want to take the risk for being the first company to offer it.
As I stated above these are simply a few for this reasons you can have your idea/product rejected along with a company. Really take time to research the offers completely and understand your market, your place in that market and plenty of research part to create yourself as marketable as possible.