Many Inventors trying to get their product ideas to push are totally crushed by rejection. So, I thought I would supply a report on some of the reasons you should have gotten discarded. It does not cover every reason you have access to rejected, but hopefully make a something to look at.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will discover that it doesn’t matter how good an insurance policy you might think it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an image that they agree would be profitable. Here are some common the actual reason why even marketable ideas are rejected.
1. The company may presently have a complete collection of services not looking to add much more.
2. The product is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting firm first to find their submission policy, to begin with rejected it solely on that essence.
5. You did not have proper contact about your division. (That is one of the highest mistakes Inventors make. Corporation will not bother for you to trace you on paper.)
6. Include too many similar services that companies are flooded adequately.
7. Your idea attracts a minimal niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Goods has already been patented by someone else and they don’t want to find out if they might go around it or risk infringement issues.
11. Your product or idea isn’t compared to what is on the actual marketplace. This tells them you did not research your idea okay and don’t have a clue who competition is thats available.
12. You sent a procedure that is just like their current product and that current device is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing compared to what is on its way out a year later.
14. They have a better solution than yours within works for release that coming annualy. (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 for the Inventor contacting the company about their idea. This happens a lot. Inventors forget that they are not the only ones inventing.)
15. They have received to correct idea from another Inventor and are in negotiations with that Inventor.
16. You have 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 may allowed and turns it down derived from that give.
17. You posted your unprotected idea and video of the functional prototype online and have a significant involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, however they participate in a quick search on your patent an invention they identify that it has lapsed thanks to non-payment of fees and allows been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and does not cover the particular product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, to ensure that you they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize individuals. So you get a rejection letter, but which are explain they just don’t look right out the company.
22. You sent them your product but these have decided to the line for the year and therefore following year and How do you get a patent are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review nicely item has never been in production or sold stores or online. So do not need to go ahead and take risk for being the first company advertising it.
As I stated above these are only a few of the reasons abdominal muscles your idea/new product idea rejected along with a company. Really take time to do your research and understand your market, your invest that market and seek information part to make yourself as marketable maybe can.