Many Inventors trying to bring their product ideas to push are totally crushed by rejection. So, I thought I would provide a report on some for the reasons you should have gotten denied. It does not cover every reason you can get rejected, but hopefully make a something to look into.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to undertake a good idea but you will find that in spite of how good an inspiration you might imagine it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they will reject an example that they agree that i see profitable. Here are a couple common reasons why even marketable ideas are rejected.
1. They may presently have a complete collection of products and not desperate to add somewhat more.
2. The product is outside their marketplace.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting firm first to observe their submission policy, plus they also rejected it solely on that source.
5. You did not have proper contact about your division. (That is one of the most mistakes Inventors make. The company will not bother to track you alongside.)
6. Contain too many similar products and that sector is flooded enough.
7. Your idea appeals to a minimal niche market and would like mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your products has recently been patented by someone else and don’t want to see if they are around it or risk infringement factors.
11. Your product or idea isn’t much better than what is already on the actual marketplace. This tells them you did not research your idea well and do not need a clue who other sellers is thats available.
12. You sent a service or product that is just like their current product and that current set up is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing in order to what isn’t too far off out the next year.
14. They already have a better solution than yours the actual world works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, new invention idea samples, etc prior into the Inventor inventors help contacting the company about their idea. Goes on a entire lot. Inventors forget that they are not the only ones creating.)
15. They have received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. A person posted your idea unprotected online in a single of those invention posting sites where others vote on your product to find out there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the working prototype online and possess a significant involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, yet if they perform quick search on your patent they discover that it has lapsed thanks to non-payment of fees and has now been lapsed significantly over the due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and doesn’t cover the particular product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, so that they can get very little protection that can be found.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize that fact. So you get a rejection letter, but it doesn’t explain they just do not look away from company.
22. You sent them your product but they have already decided to the line for the year and therefore following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review your item by no means been being produced or sold stores or online. So they do not require to consider the risk to become the first company selling it.
As I stated above these are simply a few with the reasons you can have your idea/product rejected by a company. Really take period to yourself and understand your market an invention idea, your put into that market and do your part things yourself as marketable as possible.