Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I would supply a involving some of your reasons you could have gotten rejected. It does not cover every reason you can get rejected, but hopefully make a something start thinking about.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you will discover that no matter how good an insurance policy 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 are some common reasons why even marketable ideas are rejected.
1. A lot more claims may presently have a full line of products and not desperate to add alot more.
2. Product or service is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting corporation first recognize their submission policy, to begin with rejected it solely on that source.
5. You did not have proper contact regarding your submission move. (That is one of the most mistakes Inventors make. The corporation will not bother to be able to you decrease.)
6. Include too many similar services that information mill flooded proper.
7. Your idea interests a little niche market and would like mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your products has been really patented by someone else and tend not to want to determine if they might go around it or risk infringement factors.
11. Goods or idea isn’t compared to what is already on market. This tells them you didn’t research your idea very well and don’t have a clue who competitors is that are available.
12. You sent a service or product that is precisely like their current product and that current device is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or is on the downswing in comparison to what is on its way out a year later.
14. They already 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, samples, etc prior into the Inventor contacting the company about their idea. Transpires a entire lot. Inventors forget that they aren’t ones creating.)
15. They have already received a similar idea from another Inventor and are currently in negotiations with this Inventor.
16. You need to posted your idea unprotected online a single of those invention help posting sites where others vote on your products to verify that there is interest. Your public disclosure makes the concerned whether any patent protection properly allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant quantity of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, but when they participate in a quick look up your patent they identify that it has lapsed resulting from non-payment of fees and it has been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and also cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, so that they can get very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize individuals. So you get a rejection letter, but which are 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 the year or the following year and aren’t open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review your item has never been in production or sold stores or online. So they do not require to take the risk of being the first company to offer it.
As I stated above these are just a few with the reasons you should have your idea/product rejected by a company. Really take time to research the offers completely and understand Inventions ideas your market, technology your place in that market and seek information part become worse yourself as marketable as we possibly can.