Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I gives you a report on some of this reasons you should have gotten discarded. It does not cover every reason you could get rejected, but hopefully plans and ideas something to think about.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will find that irrespective of how good an idea you might imagine it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they will reject an image that they agree that i see profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. This company may presently have a complete collection of services not wanting to add somewhat more.
2. Make use of this is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent viewed as unsolicited without contacting the company first to observe their submission policy, plus they also rejected it solely on that source.
5. You didn’t have proper contact regarding your submission. (That is one of the most mistakes Inventors make. The corporation will not bother to monitor you down.)
6. Contain too many similar providers that companies are flooded proper.
7. Your idea interests a small niche market and besides mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Your product has recently been patented by someone else and they don’t want to ascertain if they might go around it or risk infringement problems.
11. Goods or idea isn’t better than what has already been on the marketplace. This tells them you did not research your idea very well and don’t own a clue who competition is thats available.
12. You sent a service or product 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 Your idea is outdated or maybe on the downswing in comparison to what will be coming out the following year.
14. They have a better solution than yours within works for InventHelp Store release that coming . (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Goes on a significant. Inventors forget that they are not the sole ones inventing.)
15. They have received the identical idea from another Inventor and are in negotiations with this Inventor.
16. An individual posted your idea unprotected online in a of those InventHelp Invention Service posting sites where others vote on your products to see if there is interest. Your public disclosure makes company concerned whether any patent protection may allowed and turns it down depending that ailment.
17. You posted your unprotected idea and video of the significant prototype on youtube and possess a significant involving hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, help to they begin a quick search on your invention patent they identify that it has lapsed resulting from non-payment of fees and features been lapsed significantly following due the present day. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and also cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, as a result they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize that fact. So you get a rejection letter, but permit you explain they cannot look beyond the company.
22. You sent them your product but they have decided their very own line for that year or the following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item never been being produced or sold stores or online. So they do not need to consider the risk for being the first company selling it.
As I stated above these are simply a few for this reasons you can have your idea/product rejected along with a company. Really take the time to on your own and understand your market, your put into that market and homework part things yourself as marketable as is feasible.