Many Inventors trying to bring their product ideas promote are totally crushed by rejection. So, I thought I gives you a connected with some belonging to the reasons you should have gotten cast off. It does not cover every reason you could get rejected, but hopefully wanted something to look into.
You want realize that inventing is fundamentally a numbers on the net game! Yes, you still need to get a good idea but you’ll find that no matter how to pitch an invention to a company good an insurance policy you may believe it 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 a strategy that they agree this would definately be profitable. Here are some common the actual reason why even marketable ideas are rejected.
1. A lot more claims may now have a complete collection of products and not seeking add more.
2. Product or service is outside their target market.
3. You sent your submission into the wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting the company first to observe their submission policy, in addition they rejected it solely on that trigger.
5. You didn’t have proper contact information on your submission move. (That is one of the highest mistakes Inventors make. Corporation will not bother to you on paper.)
6. They have too many similar products and that information mill flooded a sufficient quantity of.
7. Your idea draws a little niche market and they want mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort because of.
10. Goods has been really patented by someone else and they don’t want to determine if they goes around it or risk infringement trouble.
11. Your product or idea isn’t compared to what is already on the market. This tells them you didn’t research your idea very well and don’t have a clue who competition is thats available.
12. You sent a specific thing that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing when what is departing from out a year later.
14. They already have a better solution than yours their works for release that coming calendar months. (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. This takes place a significant. Inventors forget that they aren’t ones creating.)
15. These have received a comparable idea from another Inventor and are currently in negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes the actual concerned whether any patent protection may allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the important prototype online and possess a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, however they participate in a quick search on your patent they identify that it has lapsed due to non-payment of fees and it’s been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
20. You will have a design patent and designing around your patent is a simple task, so that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize everyone. So you get a rejection letter, but won’t matter explain they never look beyond the company.
22. You sent them your product but they have decided on your line for the year or the following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review together item never been in production or sold stores or online. So do not want to go ahead and take risk of being the first company to offer it.
As I stated above these are just a few within the reasons your event may have your idea/product rejected with company. Really take period to do your research and understand your market, your place in that market and homework part become worse yourself as marketable as is feasible.