Many Inventors trying to make their product ideas selling are totally crushed by rejection. So, I thought I gives you a connected with some belonging to the reasons you could obtain gotten discarded. It does not cover every reason you can get rejected, but hopefully wanted something start thinking about.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will find that in spite of how good an idea you could imagine it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an example that they agree could be profitable. Listed below are some common reasons why even marketable ideas for inventions are rejected.
1. The company may now have a full line of providers not wanting to add more.
2. Product or service is outside their target market.
3. You sent your submission to the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting the company first to find their submission policy, and they usually rejected it solely on that basis.
5. You didn’t have proper contact about your submission. (That is one of the greatest mistakes Inventors make. Corporation will not bother for you to trace you down.)
6. They have too many similar providers that marketplace is flooded a sufficient quantity of.
7. Your idea interests a very little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Your product has been really patented by someone else and want to see if they should go around it or risk infringement problems.
11. Your products or idea isn’t much better what is on the. This tells them you did not research your idea okay and don’t need a clue who other sellers is thats available.
12. You sent a specific thing that is just 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 Your idea is outdated or perhaps is on the downswing whenever compared with what is on its way out the next year.
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 whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the only ones creating.)
15. They have received another similar idea from another Inventor and are developed in negotiations with this Inventor.
16. An individual posted your idea unprotected online inside a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes an additional concerned whether any patent protection properly allowed and turns it down depending that ailment.
17. You posted your unprotected idea and video of the working prototype online and possess a significant involving 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, help to they do a quick browse your patent they see that it has lapsed due to non-payment of fees and it’s been lapsed significantly over the due marry. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and doesn’t cover far more product. (This happens a lot)
20. You will have a design patent and www.pearltrees.com designing around your patent is a simple task, to ensure that you they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize that fact. So you get a rejection letter, but which are explain they cannot look beyond the company.
22. You sent them your product but they have decided their very own line for the year or that 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 and then your item has never been being produced or sold stores or online. To ensure that do not require to go ahead and take risk getting the first company advertising it.
As I stated above these are a few within the reasons you can have your idea/product rejected a new invention company. Really take time to on your own and understand your market, your place in that market and do your part to make yourself as marketable as is feasible.