Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I gives you a list of some of your reasons you should have gotten discarded. It does not cover every reason you can get rejected, but hopefully plans and ideas something start thinking about.
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 no matter how good an idea you might think 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 certainly reject a strategy that they agree is usually profitable. Here are some common purposes why even marketable ideas are rejected.
1. A lot more claims may now have a full-line of services not seeking add somewhat more.
2. The product is outside their target market.
3. You sent your submission for the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting group first recognize their submission policy, in addition they rejected it solely on that trigger.
5. You did not have proper contact information on your entry. (That is one of the most effective mistakes Inventors make. Corporation will not bother to monitor you up.)
6. Contain too many similar services that market is flooded a sufficient quantity of.
7. Your idea appeals to a little niche market and they want mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort with the aid of.
10. Your products has been really patented by someone else and they don’t want to determine if they should go around it or risk infringement trouble.
11. Your product or idea isn’t compared to what is definitely on market. This tells them you did not research your idea well and inventhelp store don’t have a clue who the competitors is in the industry.
12. You sent a machine that is exactly like their current product and that current device is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps on the downswing in comparison to what is coming out the year after.
14. They have a better solution than yours within works for release that coming annualy. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the only ones creating.)
15. These have received a comparable idea from another Inventor and are typically negotiations with this Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes an additional concerned whether any patent protection would eventually be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the running prototype online and possess a significant involving hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, yet if they do a quick browse your patent they see that it has lapsed resulting from non-payment of fees and it has been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. There’s a patent, nevertheless was poorly written as well as cover a lot more product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, which means they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize that fact. So you get a rejection letter, xqilla.sourceforge.net but websites explain they never look right out of the company.
22. You sent them your product but they have decided to the line for the year or that the following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and your item by no means been in production or inventhelp pittsburgh sold stores or online. In order that they do not require to take the risk getting the first company to offer it.
As I stated above these are only a few for this reasons you should have your idea/product rejected by a company. Really take the time to research the offers completely and understand your market, your commit that market and seek information part different yourself as marketable as is feasible.