Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I gives a report on some for the reasons you can get gotten cast off. It does not cover every reason you have access to rejected, but hopefully as well as your something to look at.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good an inspiration you may think it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an idea that they agree could be profitable. Below are some common explanations why even marketable ideas are rejected.
1. The business may now have a complete collection of products and not desperate to add more.
2. Makes use of is outside their target market.
3. You sent your submission for the wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent are interested to produce unsolicited without contacting corporation first recognize their submission policy, invention patent to begin with rejected it solely on that essence.
5. You did not have proper contact about your division. (That is one of the greatest mistakes Inventors make. Corporation will not bother for tech you to trace you on paper.)
6. Contain too many similar providers that information mill flooded enough.
7. Your idea attracts a little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment as well high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your products has been really patented by someone else and don’t want to see if they goes around it or risk infringement problems.
11. Your product or idea isn’t much better what is definitely on the. This tells them you did not research your idea perfectly well and won’t have a clue who the competitors is thats available.
12. You sent a procedure that is just like their current product and that current device is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or maybe on the downswing compared to what is coming out the following year.
14. They already have a better solution than yours their works for release that coming annualy. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, inventions etc prior for the Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they are not the only ones creating.)
15. These have received a similar idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online inside a of those invention posting sites where others vote on goods to check if there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the important prototype online and have a significant quantity of hits. This again 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 do a quick search on your patent they make it a point it has lapsed thanks to non-payment of fees and has now been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, can be challenging was poorly written as well as cover a lot more product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, so that they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize individuals. So you get a rejection letter, but which are explain they cannot look beyond the company.
22. You sent them your product but these have decided about their line for the year and therefore following year and aren’t open to taking on anything else at that time.
23. They only consider items with a sales history they can review and your item never been in production or sold stores or online. In order that they do not need to take the risk to become the first company selling it.
As I stated above these are simply a few belonging to the reasons within the glass . your idea/product rejected with company. Really take time to yourself and understand your market, your put into that market and do your part to make yourself as marketable as is feasible.