Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I would provide a connected with some for the reasons you should have gotten terminated. It does not cover every reason you can get rejected, but hopefully plans and ideas something to look into.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you will discover that regardless how good an insurance policy you may believe it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an understanding that they agree that i see profitable. Here’s some common purposes why even marketable ideas are rejected.
1. A lot more claims may already have a full-line of providers not wanting to add very much more.
2. The product is outside their target market.
3. You sent your submission towards the wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent are interested to produce unsolicited without contacting firm first to observe their submission policy, plus they also rejected it solely on that essence.
5. You didn’t have proper contact regarding your division. (That is one of the most effective mistakes Inventors make. Corporation will not bother to monitor you decrease.)
6. Include too many similar services that companies are flooded a sufficient quantity of.
7. Your idea draws a very little niche market and would like mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort by simply.
10. Your products has recently been patented by someone else and they just don’t want to see if they are around it or risk infringement factors.
11. Goods or idea isn’t compared to what is definitely on the. This tells them you didn’t research your idea very nicely and don’t need a clue who your competition is looking.
12. You sent a product that is just like their current product and that current device is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or is on the downswing compared to what will be coming out one year afterwards.
14. They have a better solution than yours the actual world works for release that coming annualy. (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 your Inventor Https://thefrisky.com/ contacting the company about their idea. This happens a entire lot. Inventors forget that they aren’t ones inventing.)
15. These have received to correct idea from another Inventor and are working negotiations with that Inventor.
16. You need to posted your idea unprotected online in a of those invention companies posting sites where others vote on your products to check if there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down in keeping with that ailment.
17. You posted your unprotected idea and InventHelp Caveman Commercial video of the running prototype online and possess a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, whenever they begin a quick look up your patent they see that it has lapsed resulting from non-payment of fees and has now been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and also cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, so that they can 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 i’m not sure. So you get a rejection letter, but won’t matter explain they never look away from company.
22. You sent them your product but they have already decided to the line for the 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 that they really do not want to take the risk to become the first company advertising it.
As I stated above these are only a few belonging to the reasons abdominal muscles your idea/product rejected along with a company. Really take time to research the offers completely and understand your market, your put in that market and study part things yourself as marketable as we possibly can.