Many Inventors trying to make their product ideas to push are totally crushed by rejection. So, I thought I gives a report on some belonging to the reasons you can get gotten rejected. It does not cover every reason you could get rejected, but hopefully wanted something to look at.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you’ll find that regardless how to obtain a patent good a perception you could imagine it that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an example that they agree this would definately be profitable. Here’s some common explanations why even marketable ideas are rejected.
1. The business may have also a complete collection of products and not seeking add more.
2. The product is outside their target market.
3. You sent your submission towards wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting firm first to observe their submission policy, to begin with rejected it solely on that trigger.
5. You did not have proper contact about your submission. (That is one of the actual mistakes Inventors make. Corporation will not bother to track you alongside.)
6. They’ve got too many similar products and that marketplace is flooded enough.
7. Your idea appeals to a very little niche market and they want mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with too much information to sort because of.
10. Your product has happened to be patented by someone else and tend not to want to determine if they might go around it or risk infringement elements.
11. Goods or idea isn’t much better than what is already on the marketplace. This tells them you did not research your idea very nicely and don’t own a clue who your competition is that are available.
12. You sent a product that is exactly like their current Product Idea and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing in comparison to what will be coming out the next year.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 on the Inventor contacting the company about their idea. Goes on a lot. Inventors forget that they aren’t ones creating.)
15. They have already received a comparable idea from another Inventor and technology are developed in negotiations with this Inventor.
16. You need to posted your idea unprotected online a single of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, yet if they participate in a quick explore your patent they identify that it has lapsed resulting from non-payment of fees and features been lapsed significantly over the due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, truly was poorly written and also cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, so that they should be expecting very little protection for sale.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize everyone. So you get a rejection letter, but permit you explain they never look right out the company.
22. You sent them your product but they have already decided about their line for the year and therefore following year and are not open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review your item has never been being produced or sold stores or online. So that they really do n’t need to consider the risk of being the first company to encourage it.
As I stated above these are simply a few within the reasons abdominal muscles your idea/product rejected by a company. Really take the time to research the offers completely and understand your market, your invest that market and do your part to create yourself as marketable maybe can.