Many Inventors trying to generate their product ideas promote are totally crushed by rejection. So, I thought I would supply a connected with some of the reasons you should have gotten cast off. It does not cover every reason you can get rejected, but hopefully it will give you something to look at.
You wish to 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 it doesn’t matter how good an inspiration you might think 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 they reject a strategy that they agree is usually profitable. Below are some common reasons why even marketable ideas are rejected.
1. A lot more claims may already have a full line of products and not trying to add very much more.
2. Make use of this is outside their target market.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting firm first to find their submission policy, plus they also rejected it solely on that trigger.
5. You didn’t have proper contact about your submission move. (That is one of the actual mistakes Inventors make. The machines will not bother to be able to you on paper.)
6. They’ve got too many similar providers that information mill flooded adequately.
7. Your idea patent interests a very little niche market and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort because of.
10. Your product has already been patented by someone else and they don’t want to find out if they can go around it or risk infringement elements.
11. Goods or idea isn’t much better what is already on the marketplace. This tells them you didn’t research your idea okay and do not need a clue who your competition is in the market.
12. You sent a machine that is strictly like their current product and that current product is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing in order to what will be coming out a year later.
14. They already have a better solution than yours in the works for release that coming annualy. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Goes on a lot. Inventors forget that they aren’t ones inventing.)
15. They have already received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on goods to find out there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down in keeping with that ailment.
17. You posted your unprotected idea and video of the functional prototype online and have a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, whenever they write a quick browse your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly following due date. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written and will not cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, as a result they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize that fact. So you get a rejection letter, but permit you explain they cannot look beyond the company.
22. You sent them your product but they have already decided to the line for that year together with following year and aren’t open to taking on anything else at period.
23. Simply consider items with a sales history they can review and your item by no means been in production or sold stores or online. To ensure that do not require to consider the risk becoming the first company to encourage it.
As I stated above these are only a few for this reasons abdominal muscles your idea/new product ideas rejected the company. Really take the time to do your research and understand your market, your put into that market and do your part to create yourself as marketable as is feasible.