Many Inventors trying to get their product idea ideas promote are totally crushed by rejection. So, I thought I offers a report on some for the reasons you could have gotten terminated. It does not cover every reason you have access to rejected, but hopefully it will give you something to.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you’ll find that it doesn’t matter how good an insurance policy you could imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they reject an understanding that they agree this would definately be profitable. Below are some common reasons why even marketable ideas are rejected.
1. The business may now have a full-line of providers not looking to add more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent the idea unsolicited without contacting corporation first to find their submission policy, and they rejected it solely on that essence.
5. You did not have proper contact information on your submission move. (That is one of the highest mistakes Inventors make. The machines will not bother to monitor you up.)
6. Possess too many similar products and that sector is flooded enough.
7. Your idea appeals to a little niche market and desire mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your products has been really patented by someone else and want to see if they can go around it or risk infringement trouble.
11. Your product or idea isn’t compared to what is already on market. This tells them you didn’t research your idea very well and do not need a clue who competitors is looking.
12. You sent a service or product that is exactly like their current product and that current device is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or is on the downswing compared to what is on its way out a year later.
14. They already have a better solution than yours their works for release that coming yr. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they aren’t the sole ones creating.)
15. They have already received to correct idea from another Inventor http://www.pearltrees.com/veronicasheeran/inventhelp-products/id24353034/item252330471 and are typically negotiations with that Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the important prototype online and how to file a patent have a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, help to they write a quick look on your patent they identify that it has lapsed thanks to non-payment of fees and has now been lapsed significantly following due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and does not cover specific product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, so that they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize everyone. So you get a rejection letter, but websites explain they cannot look right out of the company.
22. You sent them your product but they have decided to the line for that year or that the following year and are not open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review together item by no means been being produced or sold stores or online. To ensure that do not need to take the risk of being the first company advertising it.
As I stated above these are a few of the reasons you should have your idea/product rejected a new company. Really take period to on your own and understand your market, your put into that market and seek information part things yourself as marketable maybe can.