Many Inventors trying to bring their product ideas to push are totally crushed by rejection. So, I thought I would supply a list of some of this reasons you can get gotten discarded. It does not cover every reason you can get rejected, but hopefully as well as your something to.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to own a good idea but you’ll find that irrespective of how good an inspiration you may think it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an understanding that they agree this would definately be profitable. Here’s some common reasons why even marketable ideas are rejected.
1. The business may surely have a full line of providers not trying to add much more.
2. Makes use of is outside their target market.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting vehicle first recognize their submission policy, to begin with rejected it solely on that trigger.
5. You didn’t have proper contact regarding your submission. (That is one of the most mistakes Inventors make. An additional will not bother to track you decrease.)
6. They’ve got too many similar services that market is flooded proper.
7. Your idea appeals to a minimal niche market and they want mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with great deal information to sort by simply.
10. Goods has have been patented by someone else and tend not to want to determine if they can go around it or risk infringement factors.
11. Your product or idea isn’t much better what is already on the actual marketplace. This tells them you did not research your idea perfectly well and don’t need a clue who the competitors is that are available.
12. You sent a service or product that is just like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or is on the downswing whenever compared with what isn’t too far off out a year later.
14. They already have a better solution than yours in the works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, InventHelp Innovation samples, etc prior for the Inventor contacting the company about their idea. Goes on a entire lot. Inventors forget that they are not the sole ones creating.)
15. They have received another similar idea from another Inventor and are in negotiations with this Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on your product to find out there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down depending that ailment.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant regarding hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued InventHelp Patent Referral Services, however they perform quick browse your patent they identify that it has lapsed due to non-payment of fees and features been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, nevertheless was poorly written and doesn’t cover the particular product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, which means they can get very little protection that can be found.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize that fact. So you get a rejection letter, but it doesn’t explain they cannot look right out of the company.
22. You sent them your product but they have decided on their line for the year and therefore following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review together item never been being produced or sold stores or online. So do not require to consider the risk getting the first company advertising it.
As I stated above these are just a few belonging to the reasons your event may have your idea/product patent rejected a new company. Really take the time to on your own and understand your market, your put into that market and study part things yourself as marketable as it can.