Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I gives you a involving some of the reasons you could have gotten rejected. It does not cover every reason you can get rejected, but hopefully make a something to look at.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to own a good idea but you will find that irrespective of how good an insurance policy you may believe it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an understanding that they agree that i see profitable. Here are a couple common reasons why even marketable ideas are rejected.
1. They may have also a full-line of providers not seeking add alot more.
2. Product or service is outside their marketplace.
3. You sent your submission towards the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, and they rejected it solely on that basis.
5. You did not have proper contact about your division. (That is one of the actual mistakes Inventors make. An additional will not bother to you up.)
6. Possess too many similar providers that marketplace is flooded enough.
7. Your idea attracts a very little niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your product has already been patented by someone else and want to find out if they are around it or risk infringement problems.
11. Your InventHelp New Products or idea isn’t compared to what is already on the market. This tells them you didn’t research your idea very well and do not need a clue who competition is in the industry.
12. You sent a procedure that is just like their current product and that current product is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps on the downswing in comparison to what is on its way out one year afterwards.
14. They have a better solution than yours involving works for release that coming year. (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 aren’t ones inventing.)
15. They have already received a comparable idea from another Inventor and are currently in negotiations with this Inventor.
16. You have posted your idea unprotected online a single of those invention posting sites where others vote on goods to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down in accordance to that situation.
17. You posted your unprotected idea and www.pearltrees.com video of the working prototype online 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 that you have an issued patent, yet if they do a quick look on your patent they identify that it has lapsed thanks to non-payment of fees and has now been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and also cover far more product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, meaning that they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but it doesn’t explain they don’t really look beyond the company.
22. You sent them your product but they have already decided on your line for that year or that the following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review and penzu.com then your item has never been in production or sold stores or online. To ensure that do n’t want to consider the risk becoming the first company to market it.
As I stated above these are simply a few belonging to the reasons you should have your idea/product rejected the company. Really take time to plumbing service and understand your market, your commit that market and plenty of research part become worse yourself as marketable maybe can.