Inventors, Here Are Reasons Cause Your Invention Got Turned down
Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives a connected with some of your reasons you could obtain gotten cast off. It does not cover every reason you can get rejected, but hopefully wanted something to.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you’ll find that it doesn’t matter how good an idea you might 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 certainly reject an image that they agree would be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. They may have also a full line of services not seeking add very much more.
2. The product is outside their marketplace.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting corporation first to observe their submission policy, in addition they rejected it solely on that agreement.
5. You did not have proper contact information on your division. (That is one of the most effective mistakes Inventors make. The company will not bother to monitor you decrease.)
6. Contain too many similar services that sector is flooded plenty of.
7. Your idea attracts a very little niche market and they want mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort indicates of.
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 elements.
11. Your products or idea isn’t much better than what has already been on market. This tells them you didn’t research your idea very well and don’t own a clue who the competitors is in the market.
12. You sent a procedure 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 Your idea is outdated or possibly on the downswing compared to what is coming out the following year.
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 if the company has already invested in molds, InventHelp Headquarters engineering, samples, InventHelp Inventions etc prior to your Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones creating.)
15. They have received a similar idea from another Inventor and are currently in negotiations with that Inventor.
16. Include posted your idea unprotected online in a single of those invention help 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 will be allowed and turns it down derived from that ailment.
17. You posted your unprotected idea and video of the significant prototype on youtube and possess a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, yet if they write a quick search on your patent they identify that it has lapsed due to non-payment of fees and has now been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. There are any patent, but it 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, meaning that they can get very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize that fact. 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 on your line for the 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 never been in production or sold stores or online. So that they really do n’t want to consider the risk for being the first company advertising it.
As I stated above these are a few with the reasons abdominal muscles your idea/product rejected a new company. Really take the time to plumbing service and understand your market, your place in that market and plenty of research part to make yourself as marketable as possible.
