Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I offers a report on some belonging to the reasons you should have gotten rejected. It does not cover every reason you could get rejected, but hopefully as well as your something to think about.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will discover that it doesn’t matter how good an idea you may believe it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they will reject an example that they agree would be profitable. Here are a couple common reasons why even marketable ideas are rejected.
1. They may already have a full line of services not desperate to add more.
2. Make use of this is outside their marketplace.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent one does this program unsolicited without contacting group first to check their submission policy, to begin with rejected it solely on that agreement.
5. You didn’t have proper contact about your submission move. (That is one of the most effective mistakes Inventors make. Corporation will not bother to be able to you on paper.)
6. They have too many similar services that information mill flooded enough.
7. Your idea appeals to a very little niche market and would like mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort indicates of.
10. Your product has been really patented by someone else and want to find out if they goes around it or risk infringement elements.
11. Your products or idea isn’t better than what is already on the actual marketplace. This tells them you didn’t research your idea okay and don’t have a clue who other sellers is in the market.
12. You sent a specific thing that is precisely like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or maybe on the downswing whenever compared with what is on its way out one year afterwards.
14. They have a better solution than yours their works for release that coming annualy. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, patent idea etc prior to your Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they aren’t ones inventing.)
15. They have received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. You need to posted your idea unprotected online in a of those InventHelp Invention Service posting sites where others vote on your product to find out there is interest. Your public disclosure makes the company concerned whether any patent protection would eventually be allowed and turns it down depending that send.
17. You posted your unprotected idea and video of the running prototype online and possess 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, but when they begin a quick browse your patent they noticed that it has lapsed thanks to non-payment of fees and allows been lapsed significantly following due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written and doesn’t cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, meaning that they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize everyone. So you get a rejection letter, patenting an idea but it doesn’t explain they cannot look right out of the company.
22. You sent them your product but these have decided their very own line for the year or the following year and aren’t open to taking on anything else at period.
23. Simply consider items with a sales history they can review and then your item never been being produced or sold stores or online. To ensure that do not require to go ahead and take risk of being the first company to market it.
As I stated above these are only a few belonging to the reasons you should have your idea/product rejected the company. Really take time to yourself and understand your market, your put in that market and do your part become worse yourself as marketable maybe can.