Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives a involving some for the reasons you really can have gotten cast off. 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 on the net game! Yes, you still need to undertake a good idea but you’ll find that no matter how good an idea you may think it is you can still get rejected. Many marketable ideas for inventions are rejected all the time. Even if it does not make sense to you that they would reject an image that they agree could be profitable. Here are some common explanations why even marketable ideas are rejected.
1. They may already have a full line of services not desperate to add very much more.
2. Urge for food is outside their marketplace.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent are interested to produce unsolicited without contacting vehicle first to find out their submission policy, and they usually rejected it solely on that source.
5. You didn’t have proper contact regarding your submission move. (That is one of the greatest mistakes Inventors make. An additional will not bother to monitor you decrease.)
6. They’ve got too many similar providers that companies are flooded adequately.
7. Your idea draws a very small niche market and desire mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your product has been really patented by someone else and want to find out if they might go around it or risk infringement issues.
11. Your products or idea isn’t better than what is already on the market. This tells them you didn’t research your idea very nicely and don’t need a clue who other sellers is in the market.
12. You sent a product that is just 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 Your idea is outdated or possibly on the downswing compared to what is coming out the year after.
14. They have a better solution than yours the actual world works for release that coming yr. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received a similar idea from another Inventor and are in negotiations with that Inventor.
16. A person posted your idea unprotected online inside a of those invention patent posting sites where others vote on goods to see if there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and turns it down depending that send.
17. You posted your unprotected idea and video of the working prototype online and have a significant connected with hits. It can raises the concern whether any patent your idea 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 discover that it has lapsed due to non-payment of fees and has now been lapsed significantly past the due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, truly was poorly written as well as cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, meaning that they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize i’m not sure. So you get a rejection letter, but websites explain they don’t really look beyond the company.
22. You sent them your product but they have decided their very own line for that year or the following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item by no means been being produced or sold stores or online. So do not require to go ahead and take risk becoming the first company to offer it.
As I stated above these are a few of the reasons you can have your idea/product rejected along with a company. Really take the time to yourself and understand your market, your place in that market and plenty of research part become worse yourself as marketable maybe can.