Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I would supply a report on some belonging to the reasons you really can have gotten rejected. It does not cover every reason you could get rejected, but hopefully it will give you something to look into.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will discover that irrespective of how to pitch an invention to A company good understanding you may think it is that you may 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 this would definately be profitable. Here’s some common the logic behind why even marketable ideas are rejected.
1. The business may have also a full-line of providers not wanting to add more.
2. The product 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, plus they also rejected it solely on that agreement.
5. You didn’t have proper contact about your the distribution. (That is one of the most effective mistakes Inventors make. The corporation will not bother for you to trace you alongside.)
6. Possess too many similar providers that marketplace is flooded proper.
7. Your idea draws a very small niche market and besides mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort through.
10. Your products has have been patented by someone else and don’t want to ascertain if they goes around it or risk infringement issues.
11. Goods or idea patent isn’t better than what is definitely on the market. This tells them you didn’t research your idea perfectly well and don’t own a clue who competition is in the industry.
12. You sent a machine that is strictly like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or maybe on the downswing when what is coming out one year afterwards.
14. They already have a better solution than yours their works for release that coming . (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 on the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the sole ones creating.)
15. These have received to correct idea from another Inventor and are working negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes company concerned whether any patent protection may allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, yet if they perform quick explore your patent they noticed that it has lapsed due to non-payment of fees and has now been lapsed significantly beyond the due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written as well as cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, to ensure that you they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize individuals. So you get a rejection letter, but permit you explain they cannot look beyond the company.
22. You sent them your product but these have decided to the line for the year and inventhelp reviews therefore following year and aren’t 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 in production or sold stores or online. So they do not need to go ahead and take risk of being the first company selling it.
As I stated above these are only a few for this reasons abdominal muscles your idea/product rejected the company. Really take time to yourself and understand your market, your put in that market and do your part to create yourself as marketable as possible.