Many Inventors trying to make their product ideas to push are totally crushed by rejection. So, I thought I would supply a list of some of this reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully as well as your something to think about.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will find that in spite of how good an insurance policy you could imagine it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they will reject an understanding that they agree this would definately be profitable. Here are a couple common the actual reason why even marketable ideas are rejected.
1. The company may surely have a full line of services not wanting to add more.
2. Product or service 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 corporation first to observe their submission policy, and they rejected it solely on that source.
5. You did not have proper contact information on your division. (That is one of the highest mistakes Inventors make. The machines will not bother to track you decrease.)
6. Contain too many similar products and that market is flooded enough.
7. Your idea interests a little niche market and would like mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Your product has have been patented by someone else and want to determine if they are around it or risk infringement trouble.
11. Goods or idea isn’t much better than what has already been on the market. This tells them you didn’t research your idea okay and don’t have a clue who competitors is in the industry.
12. You sent a product that is exactly like their current product and that current technique are a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing whenever compared with what will be coming out the year after.
14. They already have a better solution than yours in the 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, invent help etc prior into the Inventor contacting the company about their idea. Transpires a significant. Inventors forget that they are not the only ones creating.)
15. These have received the identical idea from another Inventor and are currently in negotiations with this Inventor.
16. You have posted your idea unprotected online inside a of those InventHelp Invention Marketing posting sites where others vote on your product to verify that there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down depending that issue.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant regarding hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, whenever they begin a quick look up your patent they see that it has lapsed resulting from non-payment of fees and allows been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and does not cover far more product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, which means they can get very little protection for sale.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize everyone. So you get a rejection letter, but won’t matter explain they never look right out of the company.
22. You sent them your product but these have decided on their line for that year and therefore following year and aren’t open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review and your item by no means been in production or sold stores or online. To ensure that do not require to go ahead and take risk to become the first company selling it.
As I stated above these are simply a few within the reasons you can have your idea/product rejected a InventHelp new inventions company. Really take the time to on your own and understand your market, your place in that market and seek information part to make yourself as marketable as is feasible.
