Many Inventors trying to get their product ideas showcase are totally crushed by rejection. So, I thought I would provide a list of some of this reasons you can get gotten terminated. It does not cover every reason you have access to rejected, but hopefully wanted something to look at.
You want realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will discover that irrespective of how good understanding you may think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they reject an idea that they agree this would definately be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. They may already have a complete collection of services not desperate to add very much more.
2. Urge for food is outside their target market.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it right one.
4. You sent viewed as unsolicited without contacting corporation first to check their submission policy, plus they also rejected it solely on that agreement.
5. You didn’t have proper contact information on your entry. (That is one of the highest mistakes Inventors make. The machines will not bother to be able to you up.)
6. They have too many similar providers that market is flooded a sufficient quantity of.
7. Your idea draws a minimal niche market and would like mass market items.
8. Costly to manufacture versus the return on investment as well high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with great deal information to sort by simply.
10. Goods has been really patented by someone else and want to see if they can go around it or risk infringement trouble.
11. Your products or idea isn’t much better what is definitely on the. This tells them you didn’t research your idea well and how to patent an invention don’t need a clue who competition is thats available.
12. You sent a product idea that is precisely like their current product and that current product 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 Your idea is outdated or possibly on the downswing in order to what is departing from out the next year.
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 if the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they are not the only ones inventing.)
15. They have received a comparable idea from another Inventor and are currently 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 see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection may allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant quantity of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, but when they do a quick explore your patent they identify that it has lapsed due to non-payment of fees and features been lapsed significantly beyond the due date. Making the chances of it being reinstated unlikely.
19. There are any patent, and it was poorly written and doesn’t cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, as a result they can expect very little protection in the industry.
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, InventHelp new inventions but permit you 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 that year together with following year and aren’t open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review nicely item never been in production or sold stores or online. So that they really do not want to consider the risk getting the first company to market it.
As I stated above these are only a few within the reasons you can have your idea/product rejected along with a company. Really take the time to do your research and understand your market, your invest that market and do your part things yourself as marketable as is feasible.