Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I would supply a involving some of 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 need to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will discover that irrespective of how good patenting an idea inspiration you might imagine it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that would likely reject an example that they agree could be profitable. Below are some common the actual reason why even marketable ideas are rejected.
1. The business may surely have a complete collection of services not wanting to add more.
2. The product is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting group first recognize their submission policy, plus they also rejected it solely on that basis.
5. You did not have proper contact about your division. (That is one of the most effective mistakes Inventors make. The corporation will not bother to track you decrease.)
6. Contain too many similar products and InventHelp Success that sector is flooded plenty of.
7. Your idea interests a small niche market and besides mass market items.
8. Value 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 too much information to sort by simply.
10. Your product has happened to be patented by someone else and tend not to want to see if they should go around it or risk infringement issues.
11. Your product or idea isn’t much better what has already been on the market. This tells them you didn’t research your idea perfectly well and InventHelp George Foreman do not need a clue who your competition is thats available.
12. You sent a machine that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or is on the downswing in comparison to what will be coming out a year later.
14. They have a better solution than yours within works for release that coming . (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the sole ones inventing.)
15. They have already received the identical idea from another Inventor and are currently in negotiations with this Inventor.
16. Include posted your idea unprotected online in a of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes an additional concerned whether any patent protection may allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the working prototype online 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, help to they begin a quick browse your patent they discover that it has lapsed due to non-payment of fees and features been lapsed significantly after due encounter. Making the chances of it being reinstated unlikely.
19. You’ve got patent, truly was poorly written and does not cover far more product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, as a result they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but which are explain they don’t really look right out of the company.
22. You sent them your product but they have decided on your line for the year together with following year and are not open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review your item never been being produced or sold stores or online. So that they really do n’t need to take the risk to become the first company to offer it.
As I stated above these are just a few within the reasons abdominal muscles 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 different yourself as marketable maybe can.