Many Inventors trying to give their product ideas to push are totally crushed by rejection. So, I thought I gives a connected with some of the reasons you could have gotten denied. It does not cover every reason you could get rejected, but hopefully plans and ideas something start thinking about.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you will discover that no matter 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 will reject an image that they agree this would definately be profitable. Here are some common purposes why even marketable ideas are rejected.
1. The company may already have a complete collection of services not seeking add somewhat more.
2. Make use of this is outside their target market.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it on the right one.
4. You sent premise unsolicited without contacting firm first to find out their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact about your submission move. (That is one of the greatest mistakes Inventors make. The machines will not bother to monitor you on paper.)
6. Contain too many similar providers that marketplace is flooded a sufficient quantity of.
7. Your idea draws a small niche market and desire mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with too much information to sort by simply.
10. Your product has already been patented by someone else and want to ascertain if they can go around it or risk infringement issues.
11. Your product or idea isn’t much better what has already been on the market. This tells them you didn’t research your idea okay and do not need a clue who other sellers is in the industry.
12. You sent a specific thing that is just like their current product and that current technique are a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps is on the downswing when what is coming out one year afterwards.
14. They already have a better solution than yours the actual world works for release that coming . (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the sole ones creating.)
15. They have received a similar idea from another Inventor and are working negotiations with that Inventor.
16. An individual posted your idea unprotected online inside a of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the concerned whether any patent protection properly allowed and turns it down derived from that give.
17. You posted your unprotected idea and Getting A Patent video of the running prototype on youtube and how to get a patent on an idea 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 should have an issued patent, however they perform quick search on your patent they noticed that it has lapsed by way of non-payment of fees and has now been lapsed significantly over the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it was poorly written and will not cover the particular product. (This happens a lot)
20. You will have a design patent and designing around your patent is a straightforward task, as a result they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside Inventions ideas and doesn’t publicize that fact. So you get a rejection letter, but it doesn’t explain they cannot look away from company.
22. You sent them your product but these have decided about their line for the year together with following year and aren’t open to taking on anything else at that time.
23. They only consider items with a sales history they can review your item never been being produced or sold stores or online. So that they really do not need to go ahead and take risk becoming the first company to offer it.
As I stated above these are a few of the reasons within the glass . your idea/product rejected with company. Really take time to do your research and understand your market, your commit that market and seek information part to make yourself as marketable maybe can.