Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I offers a involving some of this reasons you can get gotten denied. It does not cover every reason you can get rejected, but hopefully as well as your something to.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you’ll find that it doesn’t matter how good an idea you could imagine it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would likely reject a strategy that they agree this would definately be profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. This company may already have a complete collection of services not wanting to add much more.
2. Makes use of 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 one does this program unsolicited without contacting firm first recognize their submission policy, and they usually rejected it solely on that agreement.
5. You did not have proper contact information on your the distribution. (That is one of the greatest mistakes Inventors make. Corporation will not bother to monitor you down.)
6. Include too many similar products and that information mill flooded adequately.
7. Your idea draws a little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort indicates of.
10. Your products has recently been patented by someone else and want to determine if they can go around it or risk infringement problems.
11. Goods or idea isn’t compared to what is already on the market. This tells them you did not research your idea very well and won’t have a clue who your competition is looking.
12. You sent a service or product that is exactly like their current product and that current product is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing when what is departing from out one year afterwards.
14. They already have a better solution than yours within 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 to the InventHelp Inventor Stories contacting the company about their idea. Takes place a masse. Inventors forget that they are not the only ones inventing.)
15. They have already received to correct idea from another Inventor and are typically negotiations with that Inventor.
16. You have posted your idea unprotected online a single of those InventHelp Invention News posting sites where others vote on your product to check if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, yet if they begin a quick search on your patent they discover that it has lapsed thanks to non-payment of fees and features been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, truly was poorly written and also cover far more product. (This happens a lot)
20. You have a design patent and InventHelp Success Stories designing around your patent is an easy task, as a result they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but it doesn’t explain they just do not 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 aren’t open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review and your item never been being produced or sold stores or online. So they do n’t want to go ahead and take risk of being the first company to market it.
As I stated above these are just a few with the reasons you should have your idea/product rejected with company. Really take the time to plumbing service and understand your market, your commit that market and plenty of research part to make yourself as marketable as it can.