Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I would supply a report on some of your reasons you really can have gotten discarded. It does not cover every reason you have access to rejected, but hopefully it will give you something to look into.
You really have to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to enjoy a good idea but you will discover that no matter how do i patent an idea good an idea you could imagine it is you can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would certainly reject an example that they agree this would definately be profitable. Below are some common reasons why even marketable ideas are rejected.
1. They may now have a full line of products and not desperate to add very much more.
2. Product or service is outside their marketplace.
3. You sent your submission for the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting vehicle first to observe their submission policy, and they usually rejected it solely on that trigger.
5. You did not have proper contact information on your submission move. (That is one of the greatest mistakes Inventors make. The machines will not bother to monitor you decrease.)
6. Contain too many similar providers that companies are flooded proper.
7. Your idea attracts a minimal niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort indicates of.
10. Your products has been really patented by someone else and want to find out if they might go around it or risk infringement issues.
11. Goods or idea isn’t much better than what is on market. This tells them you didn’t research your idea okay and do not need a clue who competitors is in the industry.
12. You sent a machine that is exactly like their current product idea and that current strategy is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or possibly on the downswing whenever compared with what is coming out the year after.
14. They already have a better solution than yours the actual world works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the sole ones inventing.)
15. They have received to correct idea from another Inventor and are working negotiations with this Inventor.
16. You need to posted your idea unprotected online in a single of those invention ideas posting sites where others vote on your products to see if there is interest. Your public disclosure makes the concerned whether any patent protection would be 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 regarding hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, but when they do a quick look on your patent they make it a point it has lapsed due to non-payment of fees and has now been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and also cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, so that they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize everyone. So you get a rejection letter, but it doesn’t explain they just don’t look beyond the company.
22. You sent them your product but these have decided on their line for the year or the following year and are not open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review your item has never been in production or sold stores or online. To ensure that do n’t need to take the risk getting the first company to encourage it.
As I stated above these are a few within the reasons you should have your idea/product rejected with company. Really take time to on your own and understand your market, your place in that market and do your part become worse yourself as marketable as it can.