Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I gives a involving some of the reasons you could obtain gotten cast off. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to.
You wish to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you will find that no matter how to submit a patent good an insurance policy you may believe it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject a strategy that they agree is usually profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. This company may have also a full line of products and not looking to add more.
2. Urge for food is outside their target market.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, and they rejected it solely on that agreement.
5. You didn’t have proper contact information on your submission. (That is one of the most effective mistakes Inventors make. The corporation will not bother for you to trace you down.)
6. Possess too many similar providers that companies are flooded proper.
7. Your idea attracts a small niche market and desire mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Goods has have been patented by someone else and they don’t want to find out if they are around it or risk infringement issues.
11. Your product or idea isn’t much better than what has already been on market. This tells them you didn’t research your idea very well and don’t need a clue who your competition is that are available.
12. You sent a machine that is exactly like their current product and that current device is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or maybe on the downswing compared to what is departing from out the next year.
14. They already have a better solution than yours in the works for release that coming annualy. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. This happens a significant. Inventors forget that they are not the only ones creating.)
15. These have received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on your product ideas to find out there is interest. Your public disclosure makes an additional concerned whether any patent protection may allowed and turns it down in accordance to that situation.
17. You posted your unprotected idea and video of the functional prototype online and possess a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, however they begin a quick explore your patent they identify that it has lapsed by way of non-payment of fees and allows been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. You’ve got patent, truly was poorly written and doesn’t cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, as a result they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but websites explain they never look outside 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. Simply consider items with a sales history they can review together item never been being produced or sold stores or online. So they do not need to go ahead and take risk for being the first company to offer it.
As I stated above these are a few of the reasons you should have your idea/product rejected along with a company. Really take time to plumbing service and understand your market, your commit that market and homework part to make yourself as marketable as we possibly can.