Many Inventors trying to give their product ideas to push are totally crushed by rejection. So, inventions I thought I gives a list of some of your reasons you can get gotten cast off. It does not cover every reason you can get rejected, but hopefully make a something to look into.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you will discover that no matter how good an insurance policy you could imagine it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they will reject an example that they agree this would definately be profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. The company may presently have a complete collection of products and not desperate to add alot more.
2. Product or service is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting firm first recognize their submission policy, plus they also rejected it solely on that source.
5. You didn’t have proper contact regarding your submission. (That is one of the most mistakes Inventors make. The machines will not bother to you up.)
6. They’ve got too many similar products and that sector is flooded enough.
7. Your idea attracts a little niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with great deal information to sort by simply.
10. Goods has already been patented by someone else and they don’t want to see if they might go around it or inventhelp office locations risk infringement factors.
11. Your products or idea isn’t much better than what is already on the. This tells them you did not research your idea very nicely and don’t need a clue who the competitors is looking.
12. You sent a procedure that is exactly like their current product and that current product is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or is on the downswing in order to what isn’t too far off out a year later.
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 whether or not the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Takes place a significant. Inventors forget that they are not the sole ones creating.)
15. They have received another similar idea from another Inventor and are currently in negotiations with that Inventor.
16. You need to 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 the company concerned whether any patent protection properly allowed and turns it down in keeping with that give.
17. You posted your unprotected idea and video of the running prototype on youtube 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 need an issued patent, but when they write a quick look up your patent they make it a point 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 got patent, nevertheless was poorly written and also cover the particular product. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, meaning that they should be expecting very little protection in the marketplace.
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 permit you explain they don’t really look away from company.
22. You sent them your product but they have already decided on their line for that year and therefore following year and aren’t open to taking on anything else at that time.
23. Simply consider items with a sales history they can review your item has never been in production or sold stores or online. In order that they do n’t want to consider the risk to become the first company to market an invention idea it.
As I stated above these are only a few of the reasons your event may have your idea/product rejected a new company. Really take time to research the offers completely and understand your market, your put in that market and homework part to make yourself as marketable as possible.