Many Inventors trying to generate their product ideas For Inventions to push are totally crushed by rejection. So, I thought I would supply a regarding some of this reasons you can get gotten cast off. It does not cover every reason you have access to rejected, but hopefully wanted something to think about.
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 in spite of how to get an idea patented good understanding you may believe it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would likely reject an example that they agree that i see profitable. Here are a couple common the actual reason why even marketable ideas are rejected.
1. They may have also a full-line of products and not seeking 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 right one.
4. You sent the idea unsolicited without contacting vehicle first to find their submission policy, in addition they rejected it solely on that agreement.
5. You did not have proper contact information on your entry. (That is one of the greatest mistakes Inventors make. An additional will not bother to track you decrease.)
6. Contain too many similar products and that market is flooded adequately.
7. Your idea appeals to a very little niche market and desire mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Goods has happened to be patented by someone else and want to ascertain if they goes around it or risk infringement elements.
11. Your products or idea isn’t compared to what has already been on the actual marketplace. This tells them you did not research your idea okay and don’t have a clue who competition is in the industry.
12. You sent a specific thing that is exactly like their current product and that current technique are a marginal seller. So yours will not fare much better.
13. Your idea is outdated or maybe on the downswing compared to what is on its way out the next year.
14. They already 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 into the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the sole ones inventing.)
15. They have already received to correct idea from another Inventor and are developed in negotiations with this Inventor.
16. A person posted your idea unprotected online inside a of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the important prototype on youtube and have a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, but when they perform quick look on your patent they identify that it has lapsed due how to pitch an invention to a company non-payment of fees and has now been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written as well as cover far more product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, meaning that they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t look at outside ideas and does not publicize everyone. So you get a rejection letter, but permit you explain they just don’t look away from company.
22. You sent them your product but they have decided on 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 and your item never been in production or sold stores or online. In order that they do not want to take the risk getting the first company to offer it.
As I stated above these are only a few within the reasons you can have your idea/product rejected by a company. Really take the time to yourself and understand your market, your place in that market and seek information part to create yourself as marketable maybe can.