Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I would supply a regarding some for the reasons you should have gotten rejected. It does not cover every reason you have access to rejected, but hopefully it will give you something to think about.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will discover that in spite of how good understanding you might think it is you can 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. Below are some common reasons why even marketable ideas are rejected.
1. This company may presently have a full line of products and not trying to add alot more.
2. Urge for food is outside their target market.
3. You sent your submission towards the wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent viewed as unsolicited without contacting vehicle first to observe their submission policy, plus they also rejected it solely on that basis.
5. You did not have proper contact regarding your submission move. (That is one of the most effective mistakes Inventors make. The machines will not bother to track you decrease.)
6. Contain too many similar services that companies are flooded enough.
7. Your idea attracts a very little niche market and besides mass market items.
8. The cost to manufacture versus the return on investment as well high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your product has already been patented by someone else and tend not to want to determine if they goes around it or risk infringement trouble.
11. Goods or idea isn’t much better what is on market. This tells them you didn’t research your idea very nicely and won’t have a clue who competitors is in the market.
12. You sent a machine that is exactly like their current product and that current InventHelp Product Development is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing in order to what isn’t too far off out one year afterwards.
14. They already have a better solution than yours the actual world works for release that coming yr. (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 on the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones inventing.)
15. These have received another similar idea from another Inventor and are in negotiations with this Inventor.
16. You have posted your idea unprotected online in a 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 properly allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the significant prototype online and have a significant connected with hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, help to they do a quick look on your patent they discover that it has lapsed thanks to non-payment of fees and has now been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and new invention ideas doesn’t cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, which means they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize everyone. So you get a rejection letter, but websites explain they just don’t look right out of the company.
22. You sent them your product but they have decided on their line for that year or the following year and are not open to taking on anything else at period.
23. The right amount . consider items with a sales history they can InventHelp Review your item by no means been being produced or sold stores or online. In order that they do not require to go ahead and take risk getting the first company to encourage it.
As I stated above these are simply a few belonging to the reasons you can have your idea/product rejected by a company. Really take the time to yourself and understand your market, your put in that market and homework part different yourself as marketable as possible.