Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I would supply a involving some of your reasons you should have gotten discarded. It does not cover every reason you can get rejected, but hopefully it will give you something to.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good a perception you could imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an image that they agree this would definately be profitable. Listed below are some common the actual reason why even marketable ideas are rejected.
1. A lot more claims may presently have a full-line of products and not seeking add alot more.
2. Urge for food is outside their target market.
3. You sent your submission towards wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting the company first to check their submission policy, and they usually rejected it solely on that basis.
5. You did not have proper contact about your the distribution. (That is one of the most mistakes Inventors make. The machines will not bother to track you down.)
6. They’ve got too many similar providers that marketplace is flooded adequately.
7. Your idea attracts a small niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort because of.
10. Your products has been really patented by someone else and they don’t want to see if they are around it or risk infringement factors.
11. Your products or idea isn’t much better what has already been on market. This tells them you didn’t research your idea okay and do not need a clue who competition is thats available.
12. You sent a specific thing that is precisely like their current product and that current product is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or is on the downswing in comparison to what is on its way out a year later.
14. They already have a better solution than yours in the works for release that coming year. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, how to pitch an invention idea to a company engineering, samples, etc prior for the Inventor contacting the company about their idea. Takes place a significant. Inventors forget that they are not the only ones inventing.)
15. They have already received a comparable idea from another Inventor and are working negotiations with this Inventor.
16. A person posted your idea unprotected online inside a of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes the concerned whether any patent protection would eventually be allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant quantity 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 do a quick explore your patent they identify that it has lapsed resulting from non-payment of fees and features been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You have a patent, truly was poorly written and also cover a lot more product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, to ensure that you they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but permit you explain they don’t really look away from company.
22. You sent them your product but they have decided their very own line for the year or that the following year and are not open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review nicely item never been being produced or sold stores or inventhelp caveman commercial online. So they do n’t need to consider the risk for being the first company to market it.
As I stated above these are a few belonging to the reasons you can have your idea/product rejected along with a company. Really take time to do your research and understand your market, patent a product your invest that market and plenty of research part to create yourself as marketable maybe can.