Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I would provide a regarding some belonging to the reasons you really can have gotten rejected. It does not cover every reason you have access to rejected, but hopefully it will give you something to.
You need to realize that inventing is fundamentally a numbers on-line! Yes, you still need to get a good idea but you will discover that in spite of how good an idea you might imagine it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they reject an example that they agree that i see profitable. Here are some common purposes why even marketable ideas are rejected.
1. The company may surely have a complete collection of products and not wanting to add more.
2. Product or service is outside their target market.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting vehicle first recognize their submission policy, plus they also rejected it solely on that agreement.
5. You didn’t have proper contact regarding your the distribution. (That is one of the most effective mistakes Inventors make. Corporation will not bother for you to trace you down.)
6. They have too many similar products and that market is flooded a sufficient quantity of.
7. Your idea attracts a little niche market and desire mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with great deal information to sort by simply.
10. Goods has happened to be patented by someone else and don’t want to find out if they should go around it or InventHelp Products risk infringement problems.
11. Your products or idea isn’t much better than what is on market. This tells them you did not research your idea very well and won’t have a clue who your competition is in the industry.
12. You sent a product that is just like their current product and that current strategy is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps on the downswing in comparison to what isn’t too far off out one year afterwards.
14. They have a better solution than yours in the works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Transpires a lot. Inventors forget that they are not the only ones inventing.)
15. They have received a comparable idea from another Inventor and are typically negotiations with that Inventor.
16. Include posted your idea unprotected online inside a of those new invention ideas 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 would eventually be allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the functional prototype online and have a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, however they do a quick explore your patent they noticed that it has lapsed resulting from non-payment of fees and has now been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, nevertheless was poorly written and doesn’t cover a lot more product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, so that they should expect 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 which are explain they never look beyond the company.
22. You sent them your product but they have decided on their line for that year together with following year and aren’t open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review nicely item by no means been in production or sold stores or online. So do not want to consider the risk of being the first company to market it.
As I stated above these are a few of the reasons you can have your idea/product rejected the company. Really take time to research the offers completely and understand your market, your invest that market and plenty of research part to make yourself as marketable maybe can.