Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I gives you a regarding some for the reasons you could obtain gotten discarded. It does not cover every reason you can get rejected, but hopefully it will give you something to think about.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you'll find that regardless how good an insurance policy you could imagine it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn't make sense to you that would certainly reject an understanding that they agree that i see profitable. Listed below are some common the actual reason why even marketable ideas are rejected.
1. The company may have also a full line of products and not trying to add more.
2. The product is outside their marketplace.
3. You sent your submission for the wrong person in the company - don't assume they'll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting the company first to check their submission policy, and they rejected it solely on that source.
5. You did not have proper contact about your submission move. (That is one of the actual mistakes Inventors make. Corporation will not bother for you to trace you up.)
6. Possess too many similar services that marketplace is flooded enough.
7. Your idea attracts a very small niche market and desire mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Income sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Your products has been really patented by someone else and they just don't want to see if they goes around it or risk infringement elements.
11. Your products or idea isn't much better what has already been on the market. This tells them you didn't research your idea perfectly well and do not need a clue who competitors is thats available.
12. You sent a procedure that is strictly like their current product and that current product is a marginal seller. So yours won't fare any better.
13. Your idea is outdated or possibly on the downswing in order to what is on its way out the year after.
14. They have a better solution than yours their works for release that coming annualy. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, how to pitch an invention idea to a company etc prior to your Inventor contacting the company about their idea. Takes place a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. These have received a similar idea from another Inventor and are working negotiations with that Inventor.
16. A person posted your idea unprotected online a single of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down derived from that ailment.
17. You posted your unprotected idea and video of the significant 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 should have an issued patent, InventHelp Company News but when they participate in a quick explore your patent they make it a point it has lapsed resulting from non-payment of fees and it's been lapsed significantly after due encounter. Making the chances of it being reinstated unlikely.
19. There's a patent, but it was poorly written and also cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, meaning that they should expect very little protection in the industry.
21. Sometimes the company you have approached just doesn't look at outside ideas and doesn't publicize everyone. So you get a rejection letter, but it doesn't explain they cannot look right out of the company.
22. You sent them your product but they have decided their very own line for that year and therefore following year and are not open to taking on anything else at period.
23. The right amount . consider items with a sales history they can review nicely item never been being produced or sold stores or online. So they do not need to go ahead and take risk of being the first company selling it.
As I stated above these are only a few with the reasons you can have your idea/product rejected along with a company. Really take the time to on your own and https://thewho3.blogspot.com/ understand your market, your commit that market and plenty of research part things yourself as marketable as possible.