Many Inventors trying to give their product new ideas for inventions to market are totally crushed by rejection. So, I thought I gives a list of some of this reasons you can get gotten rejected. It does not cover every reason you can get rejected, but hopefully as well as your something start thinking about.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will discover that it doesn’t matter 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 does not make sense to you that they will reject a strategy that they agree is usually profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. The business may already have a full line of services not wanting to add much more.
2. The product is outside their marketplace.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting group first to check their submission policy, in addition they rejected it solely on that trigger.
5. You didn’t have proper contact information on your the distribution. (That is one of the actual mistakes Inventors make. The corporation will not bother to track you on paper.)
6. Possess too many similar services that companies are flooded enough.
7. Your idea appeals to a little niche market and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Goods has recently been patented by someone else and don’t want to see if they can go around it or risk infringement issues.
11. Your inventhelp store products or idea isn’t better than what is definitely on the marketplace. This tells them you didn’t research your idea perfectly well and do not need a clue who other sellers is that are available.
12. You sent a service or product that is strictly like their current product and that current device is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing in comparison to what isn’t too far off out the year after.
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 regardless of whether the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Transpires a significant. Inventors forget that they aren’t ones creating.)
15. These have received another similar idea from another Inventor and are typically negotiations with this Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on goods to check if there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down depending that send.
17. You posted your unprotected idea and video of the running prototype online 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 should have an issued patent, however they write a quick explore your patent they noticed that it has lapsed due to non-payment of fees and features been lapsed significantly past the due encounter. Making the chances of it being reinstated unlikely.
19. You’ve got patent, can be challenging was poorly written and doesn’t cover the particular product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, which means they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize that fact. So you get a rejection letter, but won’t matter explain they just don’t look right out 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 your item never been in production or sold stores or online. So do not want to consider the risk becoming the first company to encourage it.
As I stated above these are a few of the reasons you can have your idea/product rejected by a company. Really take the time to research the offers completely and understand your market, your place in that market and InventHelp Pittsburgh Corporate Headquarters seek information part become worse yourself as marketable as possible.