Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I gives you a report on some of the reasons you can get gotten denied. It does not cover every reason you could get rejected, but hopefully plans and ideas something start thinking about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will discover that irrespective of how good an inspiration you may believe it is 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 image that they agree this would definately be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. This company may have also a full line of products and not looking to add much more.
2. Makes use of is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting group first to check their submission policy, to begin with rejected it solely on that agreement.
5. You did not have proper contact regarding your submission. (That is one of the actual mistakes Inventors make. Corporation will not bother to monitor you down.)
6. Possess too many similar products and that information mill flooded plenty of.
7. Your idea draws a very little niche market and would like mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with a lot information to sort by simply.
10. Your product has been really patented by someone else and they don’t want to see if they should go around it or risk infringement problems.
11. Goods or idea isn’t compared to what is definitely on market. This tells them you did not research your idea perfectly well and don’t own a clue who the competitors is in the market.
12. You sent a procedure that is precisely like their current product and that current set up is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing compared to what is coming out the following year.
14. They have a better solution than yours involving works for release that coming year. (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 to your Inventor contacting the InventHelp Company Headquarters about their idea. Goes on a masse. Inventors forget that they are not the only ones creating.)
15. These have received a similar idea from another Inventor and are typically negotiations with that Inventor.
16. You need to posted your idea unprotected online in a single of those invention posting sites where others vote on goods to check if there is interest. Your public disclosure makes the company concerned whether any patent protection would eventually be allowed and turns it down based on that ailment.
17. You posted your unprotected idea and video of the working prototype online and possess a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, whenever they participate in a quick search on your patent they make it a point it has lapsed due to non-payment of fees and it has been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and also cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, to ensure that you they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize individuals. 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 their very own line for that year or that the following year and aren’t open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review for InventHelp your item by no means been being produced or sold stores or online. In order that they do not require to consider the risk to become the first company to encourage it.
As I stated above these are just a few within the reasons your event may have your idea/product rejected the company. Really take the time to plumbing service and understand your market, your invest that market and do your part different yourself as marketable as it can.