Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I would supply a connected with some of the reasons you can get gotten discarded. It does not cover every reason you could get rejected, but hopefully wanted something to think about.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you’ll find that in spite of how good an idea you might imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would certainly reject an idea that they agree this would definately be profitable. Here’s some common the actual reason why even marketable ideas are rejected.
1. A lot more claims may now have a full-line of products and not wanting to add very much more.
2. Make use of this is outside their marketplace.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting firm first to check their submission policy, and they rejected it solely on that agreement.
5. You did not have proper contact regarding your entry. (That is one of the most mistakes Inventors make. The company will not bother for you to trace you on paper.)
6. Contain too many similar providers that market is flooded enough.
7. Your idea interests a little niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or Ideas For inventions was overloaded with a lot information to sort by simply.
10. Your products has have been patented by someone else and they just don’t want to determine if they are around it or risk infringement trouble.
11. Your product or idea isn’t much better what is definitely on market. This tells them you didn’t research your idea very nicely and won’t have a clue who your competition is in the market.
12. You sent a specific thing that is strictly like their current product and that current device is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is on its way out the year after.
14. They have a better solution than yours involving works for release that coming . (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the sole ones creating.)
15. They have already received another similar idea from another Inventor and are in negotiations with this Inventor.
16. An individual posted your idea unprotected online inside a of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes an additional concerned whether any patent protection will be allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the significant prototype on youtube and InventHelp Pittsburgh Corporate Headquarters have a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, yet if they participate in a quick look on your patent they identify that it has lapsed due to non-payment of fees and features been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. There are any patent, and how to patent it was poorly written and doesn’t cover the particular 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 expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize that fact. So you get a rejection letter, but won’t matter explain they cannot look beyond the company.
22. You sent them your product but they have decided on their line for that year and therefore following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review nicely item has never been being produced or sold stores or online. In order that they do not want to take the risk getting the first company to market it.
As I stated above these are simply a few with the reasons your event may have your idea/product rejected by a company. Really take period to yourself and understand your market, your invest that market and study part to make yourself as marketable as it can.