Many Inventors trying to generate their product inventions ideas selling are totally crushed by rejection. So, I thought I offers a involving some of this reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully wanted something start thinking about.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to enjoy a good idea but you’ll find that it doesn’t matter how good a perception you could imagine it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would certainly reject an understanding that they agree is usually profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. This company may already have a full line of services not looking to add more.
2. Product or service is outside their target market.
3. You sent your submission for the wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent viewed as unsolicited without contacting the company first recognize their submission policy, and they rejected it solely on that agreement.
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 track you up.)
6. Contain too many similar providers that companies are flooded adequately.
7. Your idea appeals to a minimal niche market and desire mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Income sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Goods has been really patented by someone else and tend not to want to ascertain if they can go around it or risk infringement trouble.
11. Your products or idea isn’t much better than what is on the marketplace. This tells them you didn’t research your idea well and don’t own a clue who the competitors is that are available.
12. You sent a specific thing that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing in order to what is coming out the following year.
14. They already have a better solution than yours involving works for release that coming year. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the only ones creating.)
15. They have already received a similar 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 your product to find out there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down depending that ailment.
17. You posted your unprotected idea and video of the significant prototype online and have a significant connected with hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, whenever they participate in a quick look on your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly beyond the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, and inventhelp store it was poorly written and doesn’t cover far more product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, to ensure that you they can expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize that fact. So you get a rejection letter, but which are explain they just don’t look beyond the InventHelp Company News.
22. You sent them your product but they have decided on their line for the year and therefore following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item has never been being produced or sold stores or online. To ensure that do not require to go ahead and take risk becoming the first company advertising it.
As I stated above these are a few with the reasons within the glass . your idea/product rejected a new company. Really take period to on your own and understand your market, your place in that market and seek information part things yourself as marketable maybe can.