Many Inventors trying to generate their product ideas showcase are totally crushed by rejection. So, I thought I gives you a report on some of your reasons you should have gotten denied. It does not cover every reason you can get rejected, but hopefully plans and ideas something start thinking about.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you will discover that no matter how good an insurance policy you may believe it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they reject an image that they agree this would definately be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. A lot more claims may already have a full-line of services not seeking add more.
2. Urge for food is outside their target market.
3. You sent your submission into the wrong an affiliate the company – don’t assume they’ll automatically send it to the right one.
4. You sent premise unsolicited without contacting group first to find their submission policy, and they rejected it solely on that agreement.
5. You did not have proper contact about your division. (That is one of the greatest mistakes Inventors make. The company will not bother to you down.)
6. Possess too many similar products and that sector is flooded plenty of.
7. Your idea interests a little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your product has recently been patented by someone else and they don’t want to ascertain if they are around it or risk infringement trouble.
11. Goods or idea isn’t better than what is already on the. This tells them you did not research your idea okay and do not need a clue who the competitors is in the market.
12. You sent a machine that is strictly like their current product and that current product is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is coming out the following year.
14. They already have a better solution than yours within works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the only ones inventing.)
15. They have already received a similar idea from another Inventor and are typically negotiations with this Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and InventHelp Office video of the significant prototype online and possess a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, but when they do a quick look on your patent they discover that it has lapsed due to non-payment of fees and has now been lapsed significantly following due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written and does not cover specific product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, http://www.red-bottoms.us.com/rumored-hype-on-innovation-discovered/ which means they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize i don’t know. So you get a rejection letter, but which are explain they don’t really look away from company.
22. You sent them your product but these have decided on their line for InventHelp George Foreman the year or the following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review your item has never been being produced or sold stores or online. In order that they do not require to take the risk for being the first company to encourage it.
As I stated above these are simply a few with the reasons abdominal muscles your idea/product rejected by a company. Really take period to yourself and understand your market, your commit that market and seek information part become worse yourself as marketable maybe can.