Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I would provide a report on some belonging to the reasons you could have gotten discarded. It does not cover every reason you can get rejected, but hopefully it will give you something to.
You wish to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you will find that it doesn’t matter how good an idea you could imagine 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 image that they agree is usually profitable. Here’s some common purposes why even marketable ideas are rejected.
1. The business may now have a complete collection of products and not desperate to add much more.
2. Makes use of is outside their marketplace.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, to begin with rejected it solely on that agreement.
5. You did not have proper contact about your submission move. (That is one of the actual mistakes Inventors make. The company will not bother to you on paper.)
6. Contain too many similar services that market is flooded enough.
7. Your idea draws a minimal niche market and they want mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Your sales sheet did not WOW them and innovation lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your products has been really patented by someone else and tend not to want to find out if they are around it or risk infringement problems.
11. Goods or idea isn’t better than what is on market. This tells them you didn’t research your idea okay and do not need a clue who your competition is in the industry.
12. You sent a product that is exactly like their current product and that current product is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is coming out the year after.
14. They have a better solution than yours their works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the sole ones inventing.)
15. These have received a similar idea from another Inventor and getting A patent are currently in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a single of those invention posting sites where others vote on goods to check if there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the important prototype online and possess a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, however they write a quick explore your patent they see that it has lapsed due to non-payment of fees and has now been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and will not cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, to ensure that you they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize i don’t know. So you get a rejection letter, but websites explain they don’t really look outside the company.
22. You sent them your product but they have already decided on their line for the year or that the following year and aren’t open to taking on anything else at that time.
23. Simply consider items with a sales history they can review your item by no means been in production or sold stores or online. So do n’t want to consider the risk for being the first company to market it.
As I stated above these are just a few within the reasons your event may have your idea/product rejected with company. Really take time to yourself and understand your market, your place in that market and plenty of research part to make yourself as marketable as possible.