Many Inventors trying to get their product ideas showcase are totally crushed by rejection. So, I thought I gives you a report on some for the reasons you could obtain gotten cast off. It does not cover every reason you can get rejected, tech but hopefully wanted something to look into.
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 discover that in spite of how good an idea you might imagine it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would certainly reject an example that they agree would be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. The business may have also a complete collection of products and not desperate to add very much more.
2. Makes use of is outside their target market.
3. You sent your submission for the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent one does this program unsolicited without contacting firm first to check their submission policy, and they usually rejected it solely on that basis.
5. You didn’t have proper contact information on your division. (That is one of the actual mistakes Inventors make. The corporation will not bother to you up.)
6. They’ve got too many similar products and that companies are flooded proper.
7. Your idea attracts a very small niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your product has recently been patented by someone else and don’t want to find out if they are around it or risk infringement problems.
11. Your products or idea isn’t much better than what is on the. This tells them you didn’t research your idea very nicely and don’t have a clue who competitors is that are available.
12. You sent a machine that is precisely like their current product and that current product is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing in comparison to what will be coming out the next year.
14. They have a better solution than yours the actual world works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the only ones creating.)
15. These have received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online in a single of those invention ideas posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection would eventually be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant connected with 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 noticed that it has lapsed due to non-payment of fees and it’s been lapsed significantly over the due associate with. Making the chances of it being reinstated unlikely.
19. There are any patent, nevertheless was poorly written and also cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, as a result they should be expecting very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but permit you explain they just do not look beyond the company.
22. You sent them your product but these have decided their very own line for the year and therefore following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review together item by no means been in production or sold stores or online. To ensure that do n’t want to go ahead and take risk getting a patent the first company selling it.
As I stated above these are simply a few belonging to the reasons your event may have your idea/product rejected a new company. Really take time to research the offers completely and understand your market, your place in that market and do your part things yourself as marketable as possible.