Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I would provide a report on some of the reasons you really can have gotten cast off. It does not cover every reason you could get rejected, but hopefully it will give you something to look into.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you’ll find that irrespective of how to file a Patent good an inspiration you might think it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an example that they agree could be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. They may presently have a complete collection of providers not desperate to add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission into the wrong an affiliate the company – don’t assume they’ll automatically send it right one.
4. You sent one does this program unsolicited without contacting corporation first to find their submission policy, in addition they rejected it solely on that agreement.
5. You did not have proper contact about your submission move. (That is one of the highest mistakes Inventors make. The company will not bother to monitor you on paper.)
6. They’ve got too many similar providers that sector is flooded a sufficient quantity of.
7. Your idea draws a very little niche market and reviews for InventHelp besides mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with significantly information to sort indicates of.
10. Your products has recently been patented by someone else and they just don’t want to determine if they are around it or risk infringement problems.
11. Your product or idea isn’t much better what is definitely on the. This tells them you did not research your idea perfectly well and don’t own a clue who other sellers is thats available.
12. You sent a specific thing that is precisely like their current product and that current set up is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing in order to what isn’t too far off out the year after.
14. They have a better solution than yours involving works for release that coming annualy. (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 the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they aren’t ones inventing.)
15. They have received the identical idea from another Inventor and are typically negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those new invention ideas posting sites where others vote on goods to check if there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the important prototype on youtube and possess a significant connected with hits. This again 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 begin a quick look on your patent they discover that it has lapsed due to non-payment of fees and it has been lapsed significantly following due the present day. Making the chances of it being reinstated unlikely.
19. You have a patent, can be challenging was poorly written as well as cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, so that they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize individuals. So you get a rejection letter, but which are explain they never look right out of the company.
22. You sent them your product but they have already decided to the line for the year and therefore following year and aren’t open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and your item has never been in production or sold stores or online. So they do n’t need to take the risk getting the first company to offer it.
As I stated above these are a few within the reasons within the glass . your idea/product rejected by a company. Really take period to do your research and understand your market, your put in that market and homework part things yourself as marketable as is feasible.