Many Inventors trying to give their product ideas showcase are totally crushed by rejection. So, I thought I gives a connected with some of this reasons you should have gotten rejected. It does not cover every reason you can get rejected, but hopefully wanted something to look into.
You really have to realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you will find that in spite of how good a perception you may believe it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an idea that they agree this would definately be profitable. Here’s some common the logic behind why even marketable ideas are rejected.
1. The business may now have a full line of products and not seeking add much more.
2. Urge for food 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 to the correct one.
4. You sent premise unsolicited without contacting group first to observe their submission policy, plus they also rejected it solely on that essence.
5. You did not have proper contact about your submission move. (That is one of the greatest mistakes Inventors make. Corporation will not bother to you decrease.)
6. Possess too many similar services that companies are flooded a sufficient quantity of.
7. Your idea attracts a minimal niche market and besides mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Your products has recently been patented by someone else and don’t want to ascertain if they can go around it or risk infringement problems.
11. Your products or idea isn’t much better what is already on the marketplace. This tells them you didn’t research your idea perfectly well and won’t have a clue who your competition is that are available.
12. You sent a product that is precisely like their current product and https://newsprovidencebusiness.blogspot.com/2019/04/how-to-patent-product-in-5-easy-steps.html that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing in order to what will be coming out one year afterwards.
14. They already have a better solution than yours involving 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, samples, etc prior to your Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the sole ones creating.)
15. They have already received the identical idea from another Inventor and are currently in negotiations with that Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the functional prototype on youtube 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 own an issued patent, yet if they participate in a quick look up your patent they noticed that it has lapsed by way of non-payment of fees and it’s been lapsed significantly following due encounter. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and also cover the particular product. (This happens a lot)
20. It is easy to design patent and InventHelp New Store Products designing around your patent is a straightforward task, which means they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize individuals. So you get a rejection letter, but it doesn’t explain they cannot look right out the company.
22. You sent them your product but they have decided on your line for the year or the 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 never been in production or Dynamicworld0011.Tumblr.Com sold stores or online. So do not need to take the risk for being the first company to offer it.
As I stated above these are only a few within the reasons your event may have your idea/product rejected along with a company. Really take period to research the offers completely and understand your market, your invest that market and study part to make yourself as marketable as possible.