Many Inventors trying to bring their product ideas promote are totally crushed by rejection. So, I thought I would supply a regarding some belonging to the reasons you should have gotten cast off. It does not cover every reason you can get rejected, but hopefully plans and ideas something to look at.
You need to realize that inventing is fundamentally a numbers on-line! Yes, you still need to enjoy a good idea but you will discover that no matter how good a perception you might think it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would certainly reject an example that they agree could be profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. The company may already have file a patent full line of services not seeking add very much more.
2. Product or service is outside their target market.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting corporation first to find out their submission policy, in addition they rejected it solely on that agreement.
5. You did not have proper contact information on your submission move. (That is one of the most mistakes Inventors make. Corporation will not bother to track you decrease.)
6. They have too many similar providers that companies are flooded enough.
7. Your idea interests a very small niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is simply high.
9. Income sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your products has recently been patented by someone else and don’t want to ascertain if they goes around it or risk infringement elements.
11. Your products or idea isn’t much better what is already on the market. This tells them you did not research your idea perfectly well and do not need a clue who your competition is looking.
12. You sent a product that is strictly like their current product and that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing when what will be coming out the year after.
14. They have a better solution than yours their works for release that coming annualy. (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 your Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the only ones creating.)
15. They have already received to correct idea from another Inventor and are typically negotiations with that inventor ideas.
16. An individual posted your idea unprotected online in a of those invention help posting sites where others vote on goods to see whether there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down in keeping with that give.
17. You posted your unprotected idea and video of the running prototype on youtube 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 own an issued patent, yet if they write a quick search on your patent they identify that it has lapsed resulting from non-payment of fees and it has been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written as well as cover the actual product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, meaning that they should be expecting very little protection for sale.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize that fact. So you get a rejection letter, but websites explain they never look right out of the company.
22. You sent them your product but these have decided about their line for that year or the following year and aren’t open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review together item by no means been in production or sold stores or online. So that they really do not require to consider the risk getting the first company selling it.
As I stated above these are just a few within the reasons abdominal muscles your idea/product rejected a new company. Really take time to plumbing service and understand your market, your put in that market and homework part to create yourself as marketable maybe can.