Many Inventors trying to give their product ideas to push are totally crushed by rejection. So, I thought I would supply a regarding some of the reasons you can get gotten terminated. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to look into.
You need to realize that inventing is fundamentally a numbers on-line! Yes, you still need to own a good idea but you’ll find that it doesn’t matter how good an inspiration you may believe it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an example that they agree would be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. They may have also a full line of providers not wanting to add more.
2. Makes use of is outside their target market.
3. You sent your submission for the wrong an associate the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting vehicle first recognize their submission policy, plus they also rejected it solely on that agreement.
5. You didn’t have proper contact information on your the distribution. (That is one of the most effective mistakes Inventors make. The machines will not bother for you to trace you on paper.)
6. Contain too many similar products and that market is flooded adequately.
7. Your idea appeals to a very small niche market and they want mass market items.
8. Price of 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 lot information to sort because of.
10. Your product has recently been patented by someone else and they just don’t want to see if they should go around it or risk infringement problems.
11. Your products or idea isn’t better than what is definitely on the market. This tells them you didn’t research your idea perfectly well and don’t need a clue who the competitors is looking.
12. You sent a procedure that is exactly like their current product and that current set up is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or maybe on the downswing when what is on its way out a year later.
14. They already have a better solution than yours within works for release that coming annualy. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. This happens a wonderful deal. Inventors forget that they aren’t the sole ones inventing.)
15. They have received another similar idea from another Inventor and are working negotiations with that Inventor.
16. A person posted your idea unprotected online inside a of those InventHelp Invention Marketing posting sites where others vote on your product to find out there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the important prototype online and inventhelp office locations possess a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, however they do a quick look up your patent they see that it has lapsed by way of non-payment of fees and features been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and will not cover a lot more product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, meaning that they should expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but which are explain they just don’t look right out of the company.
22. You sent them your product but these have decided about their line for that year together with 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 together item never been in production or sold stores or online. So they do not require to take the risk of being the first company to encourage it.
As I stated above these are simply a few within the reasons you should have your idea/product idea rejected by a company. Really take period to plumbing service and understand your market, your commit that market and homework part to create yourself as marketable as we possibly can.