Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I gives you a regarding some for the reasons you could have gotten discarded. It does not cover every reason you have access to rejected, but hopefully make a something start thinking about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will find that no matter how good an idea you may believe it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject an understanding that they agree that i see profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. This company may already have a complete collection of services not desperate to add alot more.
2. Make use of this is outside their target market.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting corporation first to check their submission policy, InventHelp George Foreman and they usually rejected it solely on that trigger.
5. You didn’t have proper contact regarding your the distribution. (That is one of the most effective mistakes Inventors make. An additional will not bother to be able to you alongside.)
6. Possess too many similar services that marketplace is flooded proper.
7. Your idea interests a small niche market and would like mass market items.
8. The cost 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 a lot information to sort by simply.
10. Your products has happened to be patented by someone else and don’t want to find out if they goes around it or risk infringement elements.
11. Your products or idea isn’t compared to what is on market. This tells them you didn’t research your idea very well and don’t have a clue who competitors is thats available.
12. You sent a machine 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 Your idea is outdated or maybe on the downswing compared to what isn’t too far off out the year after.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 calendar months. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, www.nikeblazers.in.net samples, etc prior to your Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they aren’t ones creating.)
15. These have received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant connected with hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, but when they begin a quick search on your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly over the due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and will not cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, meaning that they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize individuals. So you get a rejection letter, but which are explain they just do not look right out the company.
22. You sent them your product idea but these have decided on their line for that year together with following year and are not open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review together item never been in production or sold stores or online. To ensure that do not want to go ahead and take risk getting the first company to offer it.
As I stated above these are simply a few within the reasons your event may have your idea/product rejected a new company. Really take period to do your research and understand your market, your place in that market and plenty of research part to create yourself as marketable as we possibly can.