Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I gives a regarding some belonging to the reasons you could have gotten discarded. It does not cover every reason you can get rejected, but hopefully wanted something to think about.
You want realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you’ll find that no matter how good a perception you may think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject an example that they agree is usually profitable. Below are some common explanations why even marketable ideas are rejected.
1. The company may now have a complete collection of products and not desperate to add much more.
2. Urge for food is outside their target market.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it off to the right one.
4. You sent one does this program unsolicited without contacting corporation first recognize their submission policy, InventHelp reviews and they rejected it solely on that source.
5. You did not have proper contact about your the distribution. (That is one of the highest mistakes Inventors make. The corporation will not bother to track you decrease.)
6. Possess too many similar providers that companies are flooded plenty of.
7. Your idea attracts a little niche market and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Your product has already been patented by someone else and want to find out if they goes around it or risk infringement factors.
11. Goods or idea isn’t much better than what has already been on the actual marketplace. This tells them you didn’t research your idea okay and don’t own a clue who the competitors is that are available.
12. You sent a machine that is strictly like their current product and that current device is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing in comparison to what is departing from out the year after.
14. They have a better solution than yours within works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. Goes on a entire lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received the identical idea from another Inventor and are working negotiations with that Inventor.
16. An individual posted your idea unprotected online inside a of those invention ideas posting sites where others vote on goods to see whether there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down depending that send.
17. You posted your unprotected idea and video of the functional prototype online 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, however they do a quick browse your patent they see that it has lapsed resulting from non-payment of fees and it has been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. You’ve got patent, truly was poorly written and will not cover the actual product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, as a result they should be expecting very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize individuals. So you get a rejection letter, but which are explain they just do not look outside the company.
22. You sent them your product but these have decided to the line for the year or go with the following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review your item by no means been in production or sold stores or online. So do not want to take the risk for being the first company to market it.
As I stated above these are just a few belonging to the reasons you should have your idea/product rejected a new company. Really take time to plumbing service and understand InventHelp Office Locations your market, your commit that market and study part to create yourself as marketable as we possibly can.