Many Inventors trying to generate their product ideas selling are totally crushed by rejection. So, I thought I would supply a involving some for the reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully it will give you something start thinking about.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will find that no matter how good an insurance policy you might think it is that gardeners can still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would likely reject an understanding that they agree that i see profitable. Here’s some common explanations why even marketable ideas are rejected.
1. They may have also a complete collection of products and not looking to add somewhat more.
2. Urge for food is outside their target market.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting group first recognize their submission policy, and they usually rejected it solely on that source.
5. You did not have proper contact about your submission move. (That is one of the highest mistakes Inventors make. The company will not bother to monitor you up.)
6. Contain too many similar services that marketplace is flooded enough.
7. Your idea attracts a very little niche market and would like mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your product has recently been patented by someone else and tend not to want to ascertain if they might go around it or https://forums.huduser.gov/member.php?action=profile&uid=186103 risk infringement problems.
11. Your products or idea isn’t much better than what is definitely on the marketplace. This tells them you did not research your idea very nicely and don’t need a clue who other sellers is thats available.
12. You sent a procedure that is just like their current product and that current set up is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or is on the downswing whenever compared with what will be coming out the following year.
14. They have a better solution than yours in the works for InventHelp Successful Inventions release that coming yr. (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 to your Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they aren’t the sole ones inventing.)
15. They have already received a similar idea from another Inventor and are working negotiations with this Inventor.
16. Include posted your idea unprotected online inside a of those invention posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the concerned whether any patent protection properly allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the working 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 that you own 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 features been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and will not cover the particular product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, which means they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, inventhelp locations but it doesn’t explain they don’t really look outside the company.
22. You sent them your product but they have decided on their line for the year or that 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 by no means been being produced or sold stores or online. In order that they do not require to consider the risk to become the first company to offer it.
As I stated above these are a few for this reasons abdominal muscles your idea/product rejected with company. Really take period to on your own and understand your market, your put in that market and do your part to make yourself as marketable as it can.