Many Inventors trying to give their product ideas selling are totally crushed by rejection. So, I thought I would provide a list of some belonging to the reasons you could have gotten discarded. It does not cover every reason you could get rejected, but hopefully make a something to think about.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you’ll find that no matter how to get a patent on an idea good an idea you may think it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would certainly reject an example that they agree this would definately be profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. They may presently have a full-line of products and not wanting to add somewhat more.
2. Product or service is outside their target market.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, and they usually rejected it solely on that trigger.
5. You did not have proper contact regarding your division. (That is one of the highest mistakes Inventors make. The machines will not bother to monitor you decrease.)
6. Contain too many similar services that companies are flooded plenty of.
7. Your idea attracts a very small niche market and would like mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Your products has have been patented by someone else and they don’t want to find out if they are around it or risk infringement issues.
11. Your product or idea isn’t much better what is already on the marketplace. This tells them you didn’t research your idea well and don’t need a clue who competition is in the industry.
12. You sent a machine 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 Your idea is outdated or maybe on the downswing compared to what is coming out a year later.
14. They already have a better solution than yours within works for release that coming . (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 for the Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they are not the only ones inventing.)
15. These have received another similar idea from another InventHelp Inventor Service and are typically negotiations with this Inventor.
16. You need to posted your idea unprotected online in a single of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes an additional concerned whether any patent protection properly allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the running prototype online and have a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, but when they do a quick browse your patent they see that it has lapsed thanks to non-payment of fees and features been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written as well as cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, meaning that they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but won’t matter explain they don’t really look outside the company.
22. You sent them your product but these have decided about their line for that year or that the 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 and then your item has never been in production or sold stores or online. So do not want to consider the risk to become the first company advertising it.
As I stated above these are only a few with the reasons abdominal muscles your idea/product rejected by a company. Really take time to on your own and understand InventHelp Pittsburgh Headquarters your market, your commit that market and homework part to make yourself as marketable as is feasible.