Many Inventors trying to bring their product ideas promote are totally crushed by rejection. So, I thought I would provide a connected with some for the reasons you could have gotten denied. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you’ll find that irrespective of how good an inspiration you might imagine it that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that would likely reject an idea that they agree could be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. The business may presently have a full line of providers not seeking add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission for the wrong part of the company – don’t assume they’ll automatically send it to the right one.
4. You sent viewed as unsolicited without contacting corporation first to find their submission policy, and they rejected it solely on that agreement.
5. You did not have proper contact regarding your submission move. (That is one of the greatest mistakes Inventors make. The corporation will not bother for you to trace you up.)
6. They’ve got too many similar products and that information mill flooded enough.
7. Your idea appeals to a small niche market and would like mass market an invention idea items.
8. Value to manufacture versus the return on investment is just too high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with a lot information to sort by simply.
10. Your products has have been patented by someone else and want to find out if they might go around it or risk infringement factors.
11. Your products or idea isn’t better than what is already on the market. This tells them you didn’t research your idea very well and don’t have a clue who your competition is thats available.
12. You sent a product that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing in order to what is departing from out one year afterwards.
14. They already have a better solution than yours the actual world works for release that coming year. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the sole ones creating.)
15. These have received a similar idea from another Inventor and are working negotiations with that Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the important 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 should have an issued patent, yet if they begin a quick search on your patent they discover that it has lapsed thanks to non-payment of fees and allows been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it was poorly written as well as cover the actual product. (This happens a lot)
20. You have a design Patent an Invention and designing around your patent is a simple task, which means they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize that fact. So you get a rejection letter, but it doesn’t explain they cannot look outside the company.
22. You sent them your product but these have decided on their line for that year or the following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review and your item has never been in production or sold stores or online. To ensure that do not want to consider the risk for being the first company selling it.
As I stated above these are simply a few belonging to the reasons you can have your idea/product rejected with company. Really take the time to do your research and understand your market, your place in that market and invention patent plenty of research part to make yourself as marketable maybe can.