Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I gives a report on some of your reasons you could have gotten terminated. It does not cover every reason you can get rejected, but hopefully make a something to look into.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to enjoy a good idea but you’ll find that irrespective of how to start an invention good understanding you may think it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an understanding that they agree is usually profitable. Here’s some common reasons why even marketable ideas are rejected.
1. A lot more claims may surely have a full line of providers not seeking add much more.
2. Makes use of is outside their marketplace.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it to the right one.
4. You sent the idea unsolicited without contacting corporation first to find their submission policy, plus they also rejected it solely on that basis.
5. You didn’t have proper contact information on your entry. (That is one of the highest mistakes Inventors make. An additional will not bother to monitor you on paper.)
6. Contain too many similar products and that market is flooded adequately.
7. Your idea appeals to a minimal niche market and besides mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your product has already been patented by someone else and tend not to want to see if they should go around it or risk infringement issues.
11. Goods or idea isn’t compared to what has already been on market. This tells them you didn’t research your idea well and don’t need a clue who other sellers is thats available.
12. You sent a procedure that is exactly like their current product and that current technique are a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing in order to what is coming out one year afterwards.
14. They already have a better solution than yours their works for release that coming yr. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have received to correct idea from another Inventor and are in negotiations with this Inventor.
16. You have posted your idea unprotected online in a of those invention companies posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the actual 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 running prototype online and possess a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, help to they participate in a quick look on your patent invention they identify that it has lapsed resulting from non-payment of fees and features been lapsed significantly after due the present day. 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. You then have a design patent and designing around your patent is a straightforward task, so that they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize i don’t know. So you get a rejection letter, but won’t matter explain they don’t really look away from company.
22. You sent them your product but they have already decided about their line for the year or go with the following year and are not open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review nicely item by no means been being produced or sold stores or online. In order that they do n’t need to go ahead and take risk to become the first company selling it.
As I stated above these are only a few with the reasons you can have your idea/product rejected by a company. Really take time to yourself and understand your market, your invest that market and homework part things yourself as marketable as it can.