Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I offers a report on some for the reasons you really can have gotten cast off. It does not cover every reason you have access to rejected, but hopefully it will give you something to.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will discover that regardless how to get an idea patented good an insurance policy you may think it that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they would reject an understanding that they agree this would definately be profitable. Here are some common reasons why even marketable ideas are rejected.
1. This company may have also a full line of services not seeking add alot more.
2. Makes use of is outside their marketplace.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting vehicle first to check their submission policy, in addition they rejected it solely on that essence.
5. You did not have proper contact information on your entry. (That is one of the greatest mistakes Inventors make. Corporation will not bother to you decrease.)
6. Contain too many similar products and that information mill flooded a sufficient quantity of.
7. Your idea appeals to a small niche market and would like mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Your sales sheet don’t WOW them and lacked consumer benefits information or was overloaded with a lot information to sort indicates of.
10. Your products has happened to be patented by someone else and they don’t want to determine if they might go around it or risk infringement problems.
11. Your products or idea isn’t much better than what has already been on the marketplace. This tells them you didn’t research your idea well and don’t own a clue who your competition is in the industry.
12. You sent a procedure that is exactly like their current product and that current strategy is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or possibly on the downswing in order to what is coming out the following year.
14. They already have a better solution than yours involving works for release that coming . (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 to the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received the identical idea from another inventor ideas and are working negotiations with this Inventor.
16. Include posted your idea unprotected online in one of those invention posting sites where others vote on your product patent to check if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the running prototype online and possess a significant connected with 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, whenever they participate in a quick look on your patent they noticed that it has lapsed due to non-payment of fees and has now been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You’ve got patent, and it was poorly written and will not cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, as a result they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize everyone. So you get a rejection letter, but won’t matter explain they just don’t look outside the company.
22. You sent them your product but these have decided on your line for the year together with 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 nicely item never been in production or sold stores or online. In order that they do not require to go ahead and take risk for being the first company to market it.
As I stated above these are just a few belonging to the reasons you can have your idea/product rejected a new company. Really take time to do your research and understand your market, your commit that market and homework part become worse yourself as marketable as we possibly can.
