Many Inventors trying to get their product ideas showcase are totally crushed by rejection. So, I thought I would provide a list of some for the reasons you could have gotten terminated. It does not cover every reason you could get rejected, but hopefully make a something to think about.
You wish to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to get a good idea but you will discover that no matter how good understanding you might imagine it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an example that they agree could be profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. The company may have also a full line of products and not looking to add much more.
2. Makes use of is outside their marketplace.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent viewed as unsolicited without contacting vehicle first to observe their submission policy, to begin with rejected it solely on that trigger.
5. You did not have proper contact information on your division. (That is one of the most mistakes Inventors make. An additional will not bother to monitor you decrease.)
6. They have too many similar products and that marketplace is flooded a sufficient quantity of.
7. Your idea interests a little niche market and would like mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Profits sheet did not WOW them and lacked consumer benefits information or was overloaded with great deal information to sort indicates of.
10. Goods has recently been patented by someone else and want to ascertain if they should go around it or risk infringement issues.
11. Your product or idea isn’t compared to what has already been on the marketplace. This tells them you did not research your idea well and do not need a clue who competition is in the market.
12. You sent a product that is just like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or maybe on the downswing in comparison to what isn’t too far off out a year later.
14. They have a better solution than yours the actual world works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior on the Inventor InventHelp Commercial contacting the company about their idea. Goes on a entire lot. Inventors forget that they aren’t ones creating.)
15. They have already received a comparable idea from another Inventor and are in negotiations with this Inventor.
16. An individual posted your idea unprotected online in a single of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes the concerned whether any patent protection would eventually be allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the important 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 need an issued patent, https://www.givology.org/ however they perform quick look up your patent they see that it has lapsed due to non-payment of fees and features been lapsed significantly beyond the due date. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written and also cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, meaning that they should expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and Inventhelp Innovation News doesn’t publicize that fact. So you get a rejection letter, but which are explain they just do not look outside the 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. Sufficiently consider items with a sales history they can review and then your item never been in production or sold stores or online. In order that they do not need to consider the risk of being the first company advertising it.
As I stated above these are only a few within the reasons you can have your idea/product rejected along with a company. Really take time to plumbing service and understand your market, your put into that market and homework part things yourself as marketable maybe can.