Many Inventors trying to bring their product ideas for inventions showcase are totally crushed by rejection. So, I thought I would provide a list of some for the reasons you really can have gotten denied. It does not cover every reason you can get rejected, but hopefully it will give you something to think about.
You want realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will find that irrespective of how good a perception you might imagine it is you can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would likely reject a strategy that they agree would be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. The business may have also a full-line of services not wanting to add very much more.
2. Urge for food is outside their marketplace.
3. You sent your submission for 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 group first to find out their submission policy, to begin with rejected it solely on that essence.
5. You didn’t have proper contact regarding your entry. (That is one of the greatest mistakes Inventors make. The company will not bother for you to trace you alongside.)
6. Contain too many similar providers that companies are flooded plenty of.
7. Your idea appeals to a little niche market and they want mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Income sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Your products has recently been patented by someone else and tend not to want to determine if they can go around it or risk infringement factors.
11. Your product or idea isn’t compared to what is on the. This tells them you didn’t research your idea okay and do not need a clue who competitors is thats available.
12. You sent a specific thing that is exactly like their current product and that current set up is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or possibly on the downswing when what is on its way out one year afterwards.
14. They have a better solution than yours involving works for release that coming annualy. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, InventHelp review samples, etc prior for the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the only ones inventing.)
15. They have already received another similar idea from another Inventor and are in negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on goods to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down in accordance to that situation.
17. You posted your unprotected idea and video of the working prototype on youtube and possess a significant involving hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, yet if they write a quick explore your patent they noticed that it has lapsed due to non-payment of fees and InventHelp News has now been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and does not cover a lot more product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, as a result they should expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i don’t know. So you get a rejection letter, but which are explain they don’t really look away from company.
22. You sent them your product but they have decided about their line for that year and therefore following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review together item has never been being produced or sold stores or online. So they do n’t want to take the risk to become the first company to encourage it.
As I stated above these are just a few within the reasons abdominal muscles your idea/product rejected the company. Really take period to on your own and understand your market, your put into that market and study part to create yourself as marketable as it can.