Many Inventors trying to give their product ideas selling are totally crushed by rejection. So, I thought I gives a involving some of this reasons you could have gotten cast off. It does not cover every reason you can get rejected, but hopefully as well as your something to think about.
You truly realize that inventing is fundamentally a numbers on the net game! Yes, you still need to get a good idea but you will find that irrespective of how good an inspiration you could imagine it is you can still get rejected. Many marketable ideas for inventions are rejected all the time. Even if it doesn’t make sense to you that they would reject an example that they agree this would definately be profitable. Here are some common explanations why even marketable ideas are rejected.
1. The company may already have a full line of products and not seeking add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission for the wrong an affiliate 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 to check their submission policy, in addition they rejected it solely on that source.
5. You did not have proper contact information on your submission move. (That is one of the highest mistakes Inventors make. Corporation will not bother to be able to you down.)
6. Contain too many similar providers that marketplace is flooded proper.
7. Your idea attracts a very little niche market and desire mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your product has been really patented by someone else and want to ascertain if they should go around it or risk infringement problems.
11. Your product or idea isn’t much better than what is definitely on the. This tells them you did not research your idea okay and don’t need a clue who other sellers is that are available.
12. You sent a specific thing that is exactly like their current product and that current set up is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps is on the downswing whenever compared with what will be coming out the year after.
14. They have a better solution than yours the actual world works for release that coming annualy. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the sole ones creating.)
15. They have received the identical idea from another Inventor and are currently in negotiations with this Inventor.
16. You have posted your idea unprotected online in a single of those invention Help posting sites where others vote on goods to find out there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the working prototype online and possess a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, but when they begin a quick look on your patent they discover that it has lapsed resulting from non-payment of fees and allows been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, can be challenging was poorly written and does not cover a lot more product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, which means they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t from outside ideas and invention idea does not 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 about their line for the year and therefore following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review and your item has never been being produced or sold stores or online. So do n’t need to go ahead and take risk getting the first company advertising it.
As I stated above these are simply a few of the reasons you can have your idea/product rejected a new company. Really take time to do your research and understand your market, your put into that market and seek information part to make yourself as marketable as we possibly can.