Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I would provide a connected with some for the reasons you can get gotten denied. It does not cover every reason you could get rejected, but hopefully wanted something to look into.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you will find that in spite of how good a perception you may think it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject an image that they agree that i see profitable. Below are some common reasons why even marketable ideas are rejected.
1. This company may now have a full line of products and not looking to add alot more.
2. The product idea is outside their marketplace.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting vehicle first recognize their submission policy, and they usually rejected it solely on that essence.
5. You didn’t have proper contact information on your division. (That is one of the most effective mistakes Inventors make. The corporation will not bother for you to trace you decrease.)
6. Possess too many similar services that sector is flooded enough.
7. Your idea attracts a very little niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Your Product Idea has recently been patented by someone else and tend not to want to determine if they are around it or risk infringement problems.
11. Goods or idea isn’t better than what is definitely on the market. This tells them you didn’t research your idea very well and don’t own a clue who other sellers is looking.
12. You sent a specific thing that is precisely like their current product and that current device is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing whenever compared with what is departing from out the year after.
14. They 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 regardless of whether the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Transpires a significant. Inventors forget that they are not the only ones inventing.)
15. These have received to correct idea from another Inventor and are in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a of those invention ideas posting sites where others vote on goods to find out there is interest. Your public disclosure makes the actual concerned whether any patent protection would be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the important prototype online and possess 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 own an issued patent, however they write a quick look up your patent they discover that it has lapsed due to non-payment of fees and it has been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it was poorly written and also cover far more product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, so that they should be expecting very little protection that can be found.
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 permit you explain they cannot look away from company.
22. You sent them your product but they have already decided their very own line for the 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 your item never been in production or sold stores or online. So they do not require to take the risk to become the first company to encourage it.
As I stated above these are only a few of the reasons abdominal muscles your idea/product rejected by a company. Really take the time to yourself and understand your market, your invest that market and do your part to make yourself as marketable as it can.