Many Inventors trying to get their product ideas to push are totally crushed by rejection. So, I thought I would provide a report on some of this reasons you could obtain gotten terminated. It does not cover every reason you can get rejected, but hopefully make a something to look at.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to undertake a good idea but you will discover that irrespective of how to get An idea patented good an idea you might think it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they reject an example that they agree this would definately be profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. The company may now have a full line of products and not looking to add more.
2. The product is outside their target market.
3. You sent your submission to the wrong person in 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 find out their submission policy, plus they also rejected it solely on that basis.
5. You did not have proper contact about your division. (That is one of the most effective mistakes Inventors make. The company will not bother to you alongside.)
6. Possess too many similar products and that market is flooded a sufficient quantity of.
7. Your idea appeals to a little niche market and inventhelp success besides mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort indicates of.
10. Your products has recently been patented by someone else and want to see if they might go around it or risk infringement elements.
11. Goods or idea isn’t much better than what has already been on the market. This tells them you didn’t research your idea well and don’t need a clue who competition is thats available.
12. You sent a service or product 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 Your idea is outdated or maybe on the downswing in comparison to what is departing from out the next year.
14. They have a better solution than yours involving 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. Takes place a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have already received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. An individual posted your idea unprotected online a single of those new invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes the actual concerned whether any patent protection may allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the functional prototype online and have a significant number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, however they begin a quick explore your patent they identify that it has lapsed thanks to non-payment of fees and it has been lapsed significantly past the due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and will not cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, to ensure that you they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize everyone. So you get a rejection letter, but which are explain they never look outside the company.
22. You sent them your product but these have decided to the 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 and your item never been being produced or sold stores or online. In order that they do not want to take the risk to become the first company advertising it.
As I stated above these are simply a few belonging to the reasons your event may have your idea/product rejected by a company. Really take time to research the offers completely and understand your market, your place in that market and seek information part to make yourself as marketable as is feasible.