Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I would provide a report on some of this reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully make a something to think about.
You really have to realize that inventing is fundamentally a numbers on-line! Yes, you still need to undertake a good idea but you will discover that regardless how to pitch an invention to a company good an idea you might imagine it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that would likely reject an understanding that they agree could be profitable. Here are some common the actual reason why even marketable ideas are rejected.
1. They may surely have a full-line of services not seeking add much more.
2. Product or service is outside their marketplace.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent are interested to produce unsolicited without contacting vehicle first to find their submission policy, and they usually rejected it solely on that trigger.
5. You did not have proper contact about your submission. (That is one of the most effective mistakes Inventors make. The company will not bother for you to trace you alongside.)
6. Possess too many similar providers that market is flooded proper.
7. Your idea appeals to a very small niche market and would like mass market items.
8. Costly to manufacture versus the return on investment as well high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your products has already been patented by someone else and want to determine if they are around it or risk infringement elements.
11. Your product or idea isn’t better than what is on the. This tells them you did not research your idea very well and don’t have a clue who competition is in the industry.
12. You sent a machine that is just like their current inventhelp product development and that current strategy is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or possibly on the downswing in comparison to what is on its way out the year after.
14. They have a better solution than yours the actual world works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they aren’t the sole ones creating.)
15. They have received another similar idea from another Inventor and are currently in negotiations with this Inventor.
16. You have posted your idea unprotected online in one of those InventHelp Invention Stories posting sites where others vote on your product to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection may allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the significant prototype on youtube and possess a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, whenever they do a quick browse your patent they make it a point it has lapsed due to non-payment of fees and features been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written and also cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, so that they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t look at outside ideas and does not publicize everyone. So you get a rejection letter, but which are explain they cannot look beyond the company.
22. You sent them your product but they have already decided on their line for that year or the following year and are not open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review your item has never been being produced or sold stores or online. So they do n’t need to go ahead and take risk of being the first company selling it.
As I stated above these are a few of the reasons you should have your idea/product rejected a new company. Really take time to do your research and understand your market, your put in that market and seek information part different yourself as marketable as is feasible.