Many Inventors trying to generate their product ideas to push are totally crushed by rejection. So, I thought I would provide a connected with some of your reasons you really can have gotten cast off. It does not cover every reason you have access to rejected, but hopefully as well as your something to look at.
You wish to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to enjoy a good idea but you will discover that irrespective of how good an inspiration you might think it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they would reject an understanding that they agree is usually profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. This company may now have a complete collection of products and not desperate to add more.
2. Makes use of is outside their target market.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting vehicle first to find out their submission policy, and they rejected it solely on that agreement.
5. You did not have proper contact information on your the distribution. (That is one of the most effective mistakes Inventors make. The company will not bother to track you down.)
6. They have too many similar products and that companies are flooded enough.
7. Your idea attracts a minimal niche market and they want mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort because of.
10. Your product has already been patented by someone else and they just don’t want to see if they are around it or risk infringement problems.
11. Goods or idea isn’t better than what has already been on the market. This tells them you didn’t research your idea perfectly well and don’t need a clue who competitors is looking.
12. You sent a specific thing that is just like their current product and that current set up is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or is on the downswing in comparison to what is on its way out a year later.
14. They have a better solution than yours their works for patent ideas release that coming . (This is also where Inventors may scream the company stole their idea even when 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 are not the sole ones creating.)
15. They have already received to correct idea from another Inventor and are typically negotiations with that Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection would be allowed and turns it down in accordance to that situation.
17. You posted your unprotected idea and video of the working prototype online and possess a significant quantity of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, whenever they do a quick look up your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and will not cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, inventhelp office as a result they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize everyone. So you get a rejection letter, but permit you explain they just do not look beyond the company.
22. You sent them your InventHelp Product Development but they have decided to the line for that year or the following year and aren’t open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review together item has never been in production or sold stores or online. So they do not require to take the risk to become the first company selling it.
As I stated above these are a few within the reasons you can have your idea/product rejected a new company. Really take time to yourself and understand your market, your commit that market and seek information part things yourself as marketable as we possibly can.