Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I gives you a regarding some of your reasons you can get gotten rejected. 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 gameplay! Yes, you still need to have a good idea but you will discover that regardless how good an inspiration you may think it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would certainly reject an understanding that they agree would be profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. They may already have a full-line of products and inventhelp caveman commercials not wanting to add alot more.
2. The product is outside their target market.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it off to the right one.
4. You sent one does this program unsolicited without contacting the company first to find out their submission policy, to begin with rejected it solely on that source.
5. You did not have proper contact regarding your entry. (That is one of the most effective mistakes Inventors make. Corporation will not bother to monitor you alongside.)
6. Possess too many similar providers that market is flooded proper.
7. Your idea interests a minimal niche market and desire mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Income sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your product has happened to be patented by someone else and don’t want to determine if they should go around it or risk infringement problems.
11. Your products or idea isn’t better than what is definitely on the marketplace. This tells them you did not research your idea perfectly well and don’t need a clue who the competitors is in the market.
12. You sent a service or product that is exactly like their current product and that current device is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or is on the downswing when what is on its way out the next year.
14. They have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Transpires a significant. Inventors forget that they aren’t ones creating.)
15. These have received the identical idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down derived from that issue.
17. You posted your unprotected idea and video of the functional prototype online and possess a significant regarding hits. This again raises the concern whether any patent ideas would be possible because of your public disclosure.
18. You stated that you own an issued patent, yet if they perform quick search on your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and does not cover specific product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, to ensure that you they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize that fact. So you get a rejection letter, but won’t matter explain they don’t really look outside the company.
22. You sent them your product but these have decided to the line for the year and therefore following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review together item never been in production or sold stores or online. So do n’t need to consider the risk becoming the first company to market it.
As I stated above these are a few belonging to the reasons you should have your idea/product rejected the company. Really take the time to plumbing service and understand your market, your put into that market and plenty of research part to make yourself as marketable as possible.