Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives you a report on some of your reasons you could have gotten discarded. It does not cover every reason you could get rejected, but hopefully it will give you something start thinking about.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will discover that it doesn’t matter how to patent good an insurance policy you might imagine it is that gardeners can 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 understanding that they agree would be profitable. Below are some common reasons why even marketable ideas are rejected.
1. The company may now have a full line of providers not looking to add much more.
2. Urge for food is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting group first to find their submission policy, and they usually rejected it solely on that essence.
5. You didn’t have proper contact about your entry. (That is one of the most mistakes Inventors make. The machines will not bother to monitor you on paper.)
6. They have too many similar providers that companies are flooded enough.
7. Your idea interests a little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your product 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 product or idea isn’t compared to what has already been on the actual marketplace. This tells them you did not research your idea well and don’t need a clue who competition is thats available.
12. You sent a product that is precisely like their current product and that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or perhaps is on the downswing in order to what is coming out the year after.
14. They already have a better solution than yours their works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Goes on a lot. Inventors forget that they are not the sole ones creating.)
15. These have received to correct idea from another Inventor and are working negotiations with this Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes company concerned whether any patent protection properly allowed and InventHelp Commercials turns it down derived from that give.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, yet if they do a quick explore your patent they see that it has lapsed due to non-payment of fees and it has been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. You have a patent, can be challenging was poorly written as well as cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, meaning that they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and Inventhelp Reviews doesn’t publicize i’m not sure. So you get a rejection letter, but which are explain they just do not look right out of the company.
22. You sent them your product but these have decided on your line for the year or that the following year and aren’t open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review together item has never been in production or sold stores or online. So that they really do n’t want to take the risk for being the first company advertising it.
As I stated above these are a few with the reasons abdominal muscles your idea/product rejected with company. Really take the time to research the offers completely and understand your market, your place in that market and study part to create yourself as marketable maybe can.