Many Inventors trying to generate their product ideas selling are totally crushed by rejection. So, I thought I gives a regarding some for the reasons you could have gotten cast off. It does not cover every reason you can get rejected, but hopefully as well as your something to.
You really have to realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you will discover that in spite of how good a perception you may think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would certainly reject an understanding that they agree this would definately be profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. The company may already have a full line of products and not wanting to add alot more.
2. Urge for food is outside their target market.
3. You sent your submission towards the wrong part of the company – don’t assume they’ll automatically send it to the right one.
4. You sent viewed as unsolicited without contacting corporation first to check their submission policy, in addition they rejected it solely on that essence.
5. You did not have proper contact regarding your division. (That is one of the highest mistakes Inventors make. The corporation will not bother to be able to you decrease.)
6. Contain too many similar products and that marketplace is flooded enough.
7. Your idea interests a very small niche market and would like mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort by simply.
10. Your products has already been patented by someone else and don’t want to see if they can go around it or risk infringement elements.
11. Your products or patent my idea idea isn’t much better what is already on the market. This tells them you didn’t research your idea very nicely and don’t have a clue who other sellers is in the industry.
12. You sent a service or product that is strictly like their current product and that current device is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or possibly on the downswing compared to what is coming out one year afterwards.
14. They already have a better solution than yours within works for release that coming annualy. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This takes place a wonderful deal. Inventors forget that they are not the sole ones creating.)
15. They have received a similar idea from another Inventor and are working negotiations with that Inventor.
16. An individual posted your idea unprotected online a single of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the significant prototype on youtube and possess a significant connected with hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, whenever they participate in a quick look on your patent they noticed that it has lapsed due to non-payment of fees and it has been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and also cover far more product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, inventhelp which means they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but websites explain they never look beyond the company.
22. You sent them your product but they have decided about their line for the year or go with the following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and then your item never been being produced or sold stores or online. So do n’t want to consider the risk of being the first company to encourage it.
As I stated above these are only a few for this reasons abdominal muscles your idea/product rejected along with a company. Really take the time to yourself and understand your market, your place in that market and homework part to make yourself as marketable as we possibly can.