Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I would provide a report on some of the reasons you should have gotten discarded. It does not cover every reason you have access to rejected, but hopefully it will give you something start thinking about.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will discover that in spite of how good understanding you may think it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they would reject an idea that they agree could be profitable. Here are some common explanations why even marketable ideas are rejected.
1. They may surely have a full-line of products and not desperate to add very much more.
2. Makes use of is outside their target market.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it on the right one.
4. You sent the idea unsolicited without contacting group first to observe their submission policy, plus they also rejected it solely on that agreement.
5. You did not have proper contact information on your division. (That is one of the most effective mistakes Inventors make. The company will not bother to you down.)
6. Include too many similar services that sector is flooded enough.
7. Your idea appeals to a very small niche market and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Your products has have been patented by someone else and they just don’t want to find out if they can go around it or InventHelp new inventions risk infringement elements.
11. Your product or idea isn’t compared to what is already on the marketplace. This tells them you didn’t research your idea perfectly well and do not need a clue who your competition is in the industry.
12. You sent a service or product that is just like their current product and that current device is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing when what is departing from out one year afterwards.
14. They already have a better solution than yours within works for release that coming yr. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. This takes place a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have received the identical idea from another Inventor and are developed in negotiations with that Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes the company concerned whether any patent protection would eventually be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, help to they perform quick look up your patent they discover that it has lapsed due to non-payment of fees and it’s been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, can be challenging was poorly written as well as cover the particular product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, can i patent an idea which means they should be expecting very little protection that can be found.
21. Sometimes the company you have approached just doesn’t look at outside ideas inventions and does not publicize i’m not sure. So you get a rejection letter, but which are explain they just do not look outside the company.
22. You sent them your product but they have decided on their line for the year or go with the 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. To ensure that do n’t need to take the risk of being the first company to offer it.
As I stated above these are simply a few for this reasons you should have your idea/product rejected with company. Really take the time to yourself and understand your market, your place in that market and plenty of research part to create yourself as marketable maybe can.