Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I gives you a list of some of this reasons you could obtain gotten rejected. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you will find that regardless how good understanding you may think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they reject an understanding that they agree that i see profitable. Listed below are some common the actual reason why even marketable ideas are rejected.
1. A lot more claims may surely have a full-line of services not looking to add more.
2. Urge for food is outside their marketplace.
3. You sent your submission for the wrong an associate 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 observe their submission policy, plus they also rejected it solely on that essence.
5. You didn’t have proper contact regarding your submission. (That is one of the highest mistakes Inventors make. Corporation will not bother to monitor you down.)
6. Contain too many similar products and that market is flooded adequately.
7. Your idea appeals to a minimal niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Profits sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your products has have been patented by someone else and want to ascertain if they can go around it or risk infringement issues.
11. Goods or idea isn’t better than what is already on the actual marketplace. This tells them you didn’t research your idea very well and won’t have a clue who competition is looking.
12. You sent a specific thing that is just like their current product idea and that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing compared to what isn’t too far off out one year afterwards.
14. They already have a better solution than yours within works for release that coming annualy. (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 to your Inventor contacting the company about their idea. This takes place a significant. Inventors forget that they aren’t ones inventing.)
15. They have received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. Include posted your idea unprotected online in a 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 depending that give.
17. You posted your unprotected idea and video of the running prototype online and possess a significant regarding hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, however they write a quick explore your patent they see that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, InventHelp George Foreman truly was poorly written as well as cover the particular product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, which means they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize individuals. So you get a rejection letter, but permit you explain they don’t really look outside the company.
22. You sent them your product but these have decided on their line for the year and therefore 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 your item has never been being produced or sold stores or online. So that they really do not want to consider the risk for being the first company advertising it.
As I stated above these are just a few for this reasons you should have your idea/product rejected with company. Really take time to yourself and understand your market, your place in that market and homework part things yourself as marketable as we possibly can.