Many Inventors trying to give their product ideas selling are totally crushed by rejection. So, I thought I would provide a regarding some for the reasons you should have gotten denied. It does not cover every reason you have access to rejected, but hopefully make a something to look into.
You truly realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you will discover that in spite of how to start an invention good understanding you might imagine it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they would reject an idea that they agree is usually profitable. Here are a couple common reasons why even marketable ideas are rejected.
1. They may have also a full-line of providers not looking to add more.
2. The product is outside their target market.
3. You sent your submission for 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 group first to find out their submission policy, to begin with rejected it solely on that trigger.
5. You did not have proper contact regarding your division. (That is one of the actual mistakes Inventors make. An additional will not bother to track you down.)
6. Include too many similar products and that companies are flooded enough.
7. Your idea appeals to a very little niche market and they want mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Goods has already been patented by someone else and want to find out if they should go around it or risk infringement elements.
11. Your products or idea isn’t better than what is on the. This tells them you did not research your idea very nicely and won’t have a clue who competitors is in the market.
12. You sent a machine that is exactly like their current product and that current set up is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or possibly on the downswing in order to what is on its way out the next year.
14. They already have a better solution than yours in the works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea whether or nexuspoint.info not the company has already invested in molds, engineering, samples, etc prior New Product idea into the Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they are not the only ones inventing.)
15. These have received a similar idea from another Inventor and are in negotiations with this Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the functional prototype online and possess a significant number 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, whenever they begin a quick explore your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly following due the present day. Making the chances of it being reinstated unlikely.
19. There’s a patent, nevertheless was poorly written and will not cover the particular product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, as a result they can get very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize everyone. So you get a rejection letter, but it doesn’t explain they don’t really look beyond the company.
22. You sent them your product but these have decided on their line for the year or that the following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review nicely item by no means been being produced or sold stores or online. So they do n’t want to go ahead and take risk getting the first company advertising it.
As I stated above these are only a few within the reasons you can have your idea/product rejected the company. Really take time to on your own and understand your market, your commit that market and homework part to create yourself as marketable as it can.