Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I offers a report on some of your reasons you could have gotten denied. It does not cover every reason you can get rejected, but hopefully it will give you something to look into.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you’ll find that no matter how good a perception you may believe it is you can 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 understanding that they agree this would definately be profitable. Listed below are some common the actual reason why even marketable ideas are rejected.
1. They may surely have a full-line of services not looking to add very much more.
2. Product or service is outside their marketplace.
3. You sent your submission towards 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 vehicle first to observe their submission policy, and they usually rejected it solely on that source.
5. You did not have proper contact information on your submission move. (That is one of the highest mistakes Inventors make. An additional will not bother to track you on paper.)
6. Include too many similar services that information mill flooded proper.
7. Your idea interests a very small niche market and would like mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Your product has already been patented by someone else and don’t want to ascertain if they goes around it or risk infringement problems.
11. Your product or idea isn’t much better than what is already on the market. This tells them you didn’t research your idea perfectly well and don’t own a clue who competition is thats available.
12. You sent a procedure that is just like their current product and that current device is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or is on the downswing when what is departing from out the year after.
14. They have a better solution than yours the actual world works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, patent your idea samples, etc prior to your Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they are not the sole ones creating.)
15. They have already received to correct idea from another Inventor and are working negotiations with that Inventor.
16. You need to posted your idea unprotected online in one of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the running prototype online and possess a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, but when they write a quick look on your patent they make it a point it has lapsed resulting from non-payment of fees and has now been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, InventHelp Caveman truly was poorly written and also cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, inventhelp store products to ensure that you they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize individuals. So you get a rejection letter, but won’t matter explain they never look beyond the company.
22. You sent them your product but they have already decided about their line for the year or go with the following year and aren’t open to taking on anything else at period.
23. The right amount . consider items with a sales history they can review your item never been being produced or sold stores or online. So do n’t need to take the risk getting the first company to market it.
As I stated above these are just a few for this reasons abdominal muscles your idea/product rejected with company. Really take the time to plumbing service and understand your market, your place in that market and plenty of research part different yourself as marketable as is feasible.