Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I gives you a list of some of your reasons you could have gotten cast off. It does not cover every reason you can get rejected, but hopefully as well as your something start thinking about.
You truly realize that inventing is fundamentally a numbers on the net game! Yes, you still need to own a good idea but you’ll find that irrespective of how good an inspiration you could imagine it is you 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 a strategy that they agree this would definately be profitable. Below are some common reasons why even marketable ideas are rejected.
1. This company may have also a complete collection of products and not wanting to add much more.
2. Make use of this is outside their marketplace.
3. You sent your submission towards wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting the company first to find their submission policy, and they usually rejected it solely on that agreement.
5. You did not have proper contact regarding your division. (That is one of the most effective mistakes Inventors make. The company will not bother to track you alongside.)
6. They’ve got too many similar services that companies are flooded plenty of.
7. Your idea attracts a little niche market and would like mass market items.
8. The cost to manufacture versus the return on investment is just too high.
9. Your sales sheet don’t WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your product has happened to be patented by someone else and want to find out if they might go around it or risk infringement factors.
11. Your product or idea isn’t better than what is already on the market. This tells them you didn’t research your idea well and do not need a clue who other sellers is that are available.
12. You sent a service or product that is strictly like their current product and that current strategy is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing in comparison to what is coming out the following year.
14. They already have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Takes place a significant. Inventors forget that they aren’t the sole ones inventing.)
15. These have received another similar idea from another Inventor and are working negotiations with this Inventor.
16. A person posted your idea unprotected online in a of those InventHelp Invention Marketing posting sites where others vote on goods to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection properly 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 number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, help to they perform quick look up your patent they discover that it has lapsed due to non-payment of fees and it’s been lapsed significantly following due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, nevertheless was poorly written and doesn’t cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, as a result they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize i’m not sure. So you get a rejection letter, but permit you explain they just don’t look outside the company.
22. You sent them your product but they have decided on your line for that year or the following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review nicely item has never been in production or sold stores or InventHelp Success online. To ensure that do not need to consider the risk to become the first company to offer it.
As I stated above these are simply a few belonging to the reasons within the glass . your idea/product rejected a new invention company. Really take the time to on your own and understand your market, your put into that market and do your part to create yourself as marketable as we possibly can.