Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I would supply a list of some belonging to the reasons you can get gotten discarded. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will discover that no matter how good patenting an idea inspiration you could imagine it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would likely reject an idea that they agree would be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. The business may now have a full line of services not looking to add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent one does this program unsolicited without contacting firm first to check their submission policy, in addition they rejected it solely on that essence.
5. You did not have proper contact regarding your the distribution. (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 products and that information mill flooded a sufficient quantity of.
7. Your idea attracts a small niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort because of.
10. Goods has been really patented by someone else and tend not to want to ascertain if they can go around it or risk infringement issues.
11. Goods or idea isn’t much better what is on market. This tells them you didn’t research your idea very nicely and don’t need a clue who competitors is thats available.
12. You sent a specific thing that is exactly like their current new product ideas and that current technique are a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or maybe on the downswing whenever compared with what is on its way out the following year.
14. They already have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. This takes place a significant. Inventors forget that they aren’t the sole ones inventing.)
15. They have already received the identical idea from another Inventor and are working negotiations with that Inventor.
16. Include posted your idea unprotected online in a of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and Inventhelp Store turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant regarding hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, whenever they participate in a quick look on your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written and doesn’t cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, so that they should expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but permit you explain they just don’t look outside the company.
22. You sent them your product but they have already decided on their line for that year together with following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review together item has never been being produced or sold stores or online. So they do n’t need to take the risk for being the first company to market it.
As I stated above these are simply a few of the reasons abdominal muscles your idea/product rejected the company. Really take time to yourself and understand your market, your put in that market and plenty of research part to create yourself as marketable as it can.