Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I gives a regarding some of this reasons you could have gotten rejected. It does not cover every reason you have access to rejected, but hopefully make a something to look into.
You really have to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to own a good idea but you will discover that regardless 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 would certainly reject an example that they agree could be profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. They may surely have a full-line of providers not seeking add very much more.
2. Product or service is outside their target market.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent are interested to produce unsolicited without contacting firm first to find out their submission policy, and they rejected it solely on that essence.
5. You didn’t have proper contact regarding your entry. (That is one of the most mistakes Inventors make. The company will not bother to monitor you decrease.)
6. Contain too many similar providers that market is flooded enough.
7. Your idea draws a minimal niche market and they want mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with significantly information to sort because of.
10. Your products has already been patented by someone else and how to file a patent they just don’t want to determine if they are around it or risk infringement trouble.
11. Goods or idea isn’t compared to what is definitely on the market. This tells them you did not research your idea well and don’t own a clue who other sellers is looking.
12. You sent a machine that is strictly like their current product and that current product is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or is on the downswing compared to what will be coming out one year afterwards.
14. They already have a better solution than yours involving works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the only ones creating.)
15. They have received a similar 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 find out there is interest. Your public disclosure makes company concerned whether any patent protection properly allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the significant prototype online and possess a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, whenever they write a quick look up your patent they see that it has lapsed due to non-payment of fees and it’s been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. There’s a patent, can be challenging was poorly written as well as cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, new invention ideas which means 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 i don’t know. So you get a rejection letter, but won’t matter explain they cannot look away from company.
22. You sent them your product but they have already decided about their line for that year and therefore following year and aren’t open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review together item never been being produced or sold stores or online. So that they really do n’t need to go ahead and take risk for being the first company to market it.
As I stated above these are just a few for this reasons your event may have your idea/product rejected by a company. Really take time to yourself and understand your market, your invest that market and tech study part to make yourself as marketable as possible.