Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I gives you a involving some of your reasons you could have gotten denied. It does not cover every reason you can get rejected, but hopefully it will give you something to look into.
You really have to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you’ll find that irrespective of how good an idea you could imagine it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they would reject an image that they agree this would definately be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. They may already have a full line of products and not trying to add somewhat more.
2. Urge for food 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 premise unsolicited without contacting group first to find out their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact regarding your division. (That is one of the actual mistakes Inventors make. The corporation will not bother to monitor you down.)
6. They have too many similar products and that market is flooded proper.
7. Your idea appeals to a very little niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort through.
10. Your product has been really patented by someone else and they don’t want to ascertain if they should go around it or risk infringement issues.
11. Your products or idea isn’t compared to what is on market. This tells them you didn’t research your idea okay and don’t need a clue who competitors is in the industry.
12. You sent a machine that is just like their current product idea and that current technique are a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or maybe on the downswing whenever compared with what will be coming out the following year.
14. They 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. Takes place a significant. Inventors forget that they aren’t the sole ones creating.)
15. They have already received another similar idea from another Inventor and are working negotiations with this Inventor.
16. You have posted your idea unprotected online in a single of those invention posting sites where others vote on your products to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection would be allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant quantity of hits. This again raises the concern whether any patent my idea would be possible due to your public disclosure.
18. You stated that you own an issued patent, yet if they do a quick look up your patent they identify that it has lapsed due to non-payment of fees and https://gwendolyn268.blogspot.com/ it’s been lapsed significantly after due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and will not cover a lot more product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, to ensure that you they can expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but won’t matter explain they just do not look away from company.
22. You sent them your product but they have already decided about their line for the year or the following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review together item never been being produced or sold stores or online. So they do n’t need to go ahead and take risk becoming the first company to market it.
As I stated above these are a few with the reasons you can have your idea/product rejected a new company. Really take period to on your own and understand your market, your invest that market and study part to create yourself as marketable maybe can.