Many Inventors trying to generate their product ideas promote are totally crushed by rejection. So, I thought I would provide a list of some of the reasons you can get gotten cast off. It does not cover every reason you have access to rejected, but hopefully it will give you something start thinking about.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you’ll find that it doesn’t matter how good an insurance policy you might think it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they would reject a strategy that they agree is usually profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. This company may have also a complete collection of products and not trying to add somewhat more.
2. Makes use of is outside their marketplace.
3. You sent your submission to the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting the company first to find out their submission policy, and they rejected it solely on that basis.
5. You didn’t have proper contact information on your division. (That is one of the actual mistakes Inventors make. Corporation will not bother to be able to you down.)
6. They have too many similar providers that information mill flooded enough.
7. Your idea attracts a little niche market and desire mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Goods has happened to be patented by someone else and don’t want to ascertain if they should go around it or risk infringement factors.
11. Your product or invention idea idea isn’t compared to what is on the actual marketplace. This tells them you did not research your idea very nicely and won’t have a clue who competitors is in the industry.
12. You sent a service or product that is strictly like their current product and that current technique are a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or perhaps on the downswing whenever compared with what will be coming out the year after.
14. They 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 whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received a similar idea from another Inventor and are currently in negotiations with this Inventor.
16. Include posted your idea unprotected online in one of those InventHelp Invention News posting sites where others vote on your product to see whether 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 situation.
17. You posted your unprotected idea and video of the important prototype on youtube and possess a significant quantity of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, however they do a quick look on your patent they identify that it has lapsed due to non-payment of fees and it’s been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written and also cover specific product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, so that they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but won’t matter 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 www.diigo.com go with the following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review together item by no means been being produced or sold stores or online. To ensure that do n’t need to take the risk to become the first company to encourage it.
As I stated above these are only a few belonging to the reasons abdominal muscles your idea/product rejected by a company. Really take period to do your research and understand your market, your place in that market and homework part things yourself as marketable as it can.