Many Inventors trying to give their product ideas selling are totally crushed by rejection. So, I thought I gives you a regarding some for the reasons you really can have gotten denied. It does not cover every reason you can get rejected, but hopefully as well as your something to think about.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you will discover that no matter how good an inspiration you might imagine it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they will reject an image 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 now have a full-line of products and not desperate to add much more.
2. Make use of this is outside their marketplace.
3. You sent your submission towards wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting the company first to check their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact information on your division. (That is one of the actual mistakes Inventors make. An additional will not bother to you on paper.)
6. Contain too many similar services that sector is flooded proper.
7. Your idea appeals to a small niche market and besides mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your product has have been patented by someone else and they just don’t want to see if they are around it or risk infringement problems.
11. Your product or idea isn’t compared to what is on the actual marketplace. This tells them you did not research your idea very nicely and won’t have a clue who your competition is in the industry.
12. You sent a service or product that is strictly like their current product and that current set up is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or maybe on the downswing compared to what isn’t too far off out the following year.
14. They already have a better solution than yours their works for release that coming . (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. This happens a lot. Inventors forget that they aren’t ones creating.)
15. They have received another similar idea from another Inventhelp Inventor Service and are working negotiations with this Inventor.
16. Include posted your idea unprotected online a single of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes an additional concerned whether any patent protection properly allowed and turns it down in accordance to that ailment.
17. You posted your unprotected idea and video of the significant prototype on youtube 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, whenever they participate in a quick look up your patent they noticed that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly over the due encounter. Making the chances of it being reinstated unlikely.
19. You’ve a patent, can be challenging was poorly written as well as cover far more product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, so that they should be expecting very little protection for sale.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize that fact. So you get a rejection letter, but websites explain they just don’t look right out the company.
22. You sent them your product but these have decided on your line for the year or that the following year and aren’t open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review your item has never been being produced or sold stores or inventhelp inventions online. So do not want to go ahead and take risk of being the first company advertising it.
As I stated above these are a few with the reasons you should have your idea/product rejected a inventhelp new inventions company. Really take the time to on your own and understand your market, your commit that market and homework part become worse yourself as marketable as possible.