Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I gives you a report on some of your reasons you should have gotten denied. It does not cover every reason you have access to rejected, but hopefully make a something to look at.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you will discover that it doesn’t matter how good a perception you may think it is that you may still get rejected. Many marketable new ideas for inventions are rejected all the time. Even if it doesn’t make sense to you that they will reject an understanding that they agree would be profitable. Here’s some common the logic behind why even marketable ideas are rejected.
2. The product is outside their target market.
3. You sent your submission to the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent viewed as unsolicited without contacting the company first to check their submission policy, to begin with rejected it solely on that basis.
5. You didn’t have proper contact about your submission move. (That is one of the actual mistakes Inventors make. The corporation will not bother to be able to you decrease.)
6. They have too many similar providers that marketplace is flooded a sufficient quantity of.
7. Your idea appeals to a small niche market and desire 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 indicates of.
10. Goods has happened to be patented by someone else and tend not to want to determine if they can go around it or risk infringement elements.
11. Goods or idea isn’t much better than what is already on the. This tells them you did not research your idea well and won’t have a clue who competition is in the market.
12. You sent a procedure that is strictly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing in comparison to what is coming out a year later.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 regardless of whether the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Transpires a lot. Inventors forget that they are not the only 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 in a single of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down derived from that ailment.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant regarding hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, yet if they participate in a quick explore your patent they see that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it 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 look at outside ideas and does not publicize that fact. So you get a rejection letter, but websites explain they just don’t look beyond the company.
22. You sent them your product but they have decided their very own line for the year or the following year and aren’t open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review together item by no means been in production or sold stores or online. So that they really do not require to consider the risk getting the first company to encourage it.
As I stated above these are simply a few of the reasons within the glass . your idea/product rejected with company. Really take the time to research the offers completely and understand your market, your put into that market and plenty of research part different yourself as marketable as we possibly can.