Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I gives a connected with some for the reasons you should have gotten discarded. It does not cover every reason you could get rejected, but hopefully wanted something start thinking about.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will find that regardless how good a perception you may think it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an understanding that they agree this would definately be profitable. Below are some common explanations why even marketable ideas are rejected.
1. They may already have a full-line of products and not desperate to add very much more.
2. The product is outside their marketplace.
3. You sent your submission towards wrong part of 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 corporation first to find their submission policy, plus they also rejected it solely on that trigger.
5. You didn’t have proper contact about your the distribution. (That is one of the greatest mistakes Inventors make. The corporation will not bother to be able to you alongside.)
6. They have too many similar providers that market is flooded proper.
7. Your idea attracts a small niche market and they want mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort because of.
10. Your product has been really patented by someone else and they just don’t want to find out if they should go around it or risk infringement factors.
11. Your products or idea isn’t much better than what is on the marketplace. This tells them you didn’t research your idea very nicely and don’t need a clue who the competitors is in the market.
12. You sent a service or product that is strictly like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing in comparison to what is on its way out one year afterwards.
14. They already have a better solution than yours in the works for release that coming annualy. (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 into the Inventor contacting the company about their idea. Transpires a lot. Inventors forget that they aren’t ones inventing.)
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 single of those new invention ideas posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the significant prototype on youtube and possess a significant number of hits. It can raises the concern whether any patent an invention would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, help to they participate in a quick explore your patent they make it a point it has lapsed resulting from non-payment of fees and features been lapsed significantly following due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written and doesn’t cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, which means they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize individuals. So you get a rejection letter, but won’t matter explain they don’t really look away from company.
22. You sent them your product but they have decided on their line for that year together with following year and inventhelp Office aren’t open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review and then your item has never been in production or sold stores or online. To ensure that do not require to consider the risk becoming the first company to encourage it.
As I stated above these are simply a few within the reasons you should have your idea/product rejected along with a company. Really take time to do your research and understand your market, your put into that market and homework part different yourself as marketable as possible.