Many Inventors trying to generate their product ideas showcase are totally crushed by rejection. So, I thought I gives a involving some of the reasons you could obtain gotten rejected. It does not cover every reason you have access to rejected, but hopefully as well as your something start thinking about.
You need to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to own a good idea but you will find that it doesn’t matter how good an idea you may think it is that gardeners 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 an understanding that they agree could be profitable. Below are some common the actual reason why even marketable ideas are rejected.
1. This company may already have a complete collection of products and not desperate to add much more.
2. Product or service is outside their target market.
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 the idea unsolicited without contacting the company first to check their submission policy, in addition they rejected it solely on that trigger.
5. You didn’t have proper contact about your submission. (That is one of the actual mistakes Inventors make. Corporation will not bother to be able to you decrease.)
6. They have too many similar products and that market is flooded adequately.
7. Your idea interests a minimal niche market and desire mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Goods has been really patented by someone else and they just don’t want to find out if they might go around it or risk infringement issues.
11. Goods or idea isn’t much better than what is on the. This tells them you did not research your idea well and don’t have a clue who your competition is looking.
12. You sent a service or product that is strictly like their current product and that current technique are a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing whenever compared with what is departing from out the next year.
14. They have a better solution than yours involving works for release that coming annualy. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, tech samples, etc prior on the Inventor contacting the company about their idea. This happens a significant. Inventors forget that they are not the only ones inventing.)
15. They have received another similar idea from another Inventor and are in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a of those InventHelp Invention News posting sites where others vote on goods to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and how to pitch an invention to a company turns it down based on that ailment.
17. You posted your unprotected idea and video of the important prototype on youtube and have a significant connected with hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, whenever they perform quick browse your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it was poorly written and also cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, to ensure that you they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize everyone. So you get a rejection letter, but won’t matter explain they never look outside the company.
22. You sent them your product but they have decided on their line for that year or the following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review together item never been being produced or sold stores or online. So they do not need to take the risk for being the first company to encourage it.
As I stated above these are just a few within the reasons you should have your idea/product rejected with company. Really take time to yourself and understand your market, your place in that market and plenty of research part become worse yourself as marketable as is feasible.