Many Inventors trying to make their product ideas selling are totally crushed by rejection. So, I thought I gives you a connected with some belonging to the reasons you could have gotten discarded. It does not cover every reason you can get rejected, but hopefully as well as your something to look into.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to get a good idea but you’ll find that irrespective of how good an idea you may think it is that gardeners 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 idea that they agree could be profitable. Below are some common purposes why even marketable ideas are rejected.
1. The business may already have a full-line of products and not desperate to add somewhat more.
2. Product or service is outside their target market.
3. You sent your submission to the wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting group first to find out their submission policy, and they rejected it solely on that source.
5. You didn’t have proper contact information on your submission. (That is one of the actual mistakes Inventors make. The corporation will not bother for you to trace you decrease.)
6. Include too many similar products and that sector is flooded a sufficient quantity of.
7. Your idea attracts a very little niche market and besides mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort because of.
10. Your product has already been patented by someone else and they just don’t want to see if they are around it or risk infringement factors.
11. Your products or InventHelp Commercial idea isn’t better than what is definitely on market. This tells them you did not research your idea very well and don’t 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 technique are a marginal seller. So yours will not fare any better.
13. Your idea is outdated or is on the downswing whenever compared with what is departing from out the year after.
14. They have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea whether or what to do with an invention idea not the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Transpires a entire lot. Inventors forget that they aren’t the sole ones creating.)
15. They have already received a similar idea from another Inventor and are working negotiations with this Inventor.
16. You have posted your idea unprotected online inside a of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes an additional concerned whether any patent protection may allowed and turns it down depending that issue.
17. You posted your unprotected idea and video of the working prototype on youtube 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 need an issued patent, yet if they write a quick search on your patent they identify that it has lapsed by way of non-payment of fees and it has been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. There’s a patent, truly was poorly written as well as cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, as a result they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize that fact. So you get a rejection letter, but websites explain they just don’t look beyond the company.
22. You sent them your product but they have decided their very own line for the year or the following year and are not open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review your item by no means been being produced or sold stores or online. So that they really do not want to take the risk of being the first company selling it.
As I stated above these are only a few belonging to the reasons abdominal muscles your idea/product rejected a new company. Really take time to do your research and understand your market, your place in that market and inventhelp caveman commercial homework part to make yourself as marketable maybe can.