Many Inventors trying to generate their product ideas to push are totally crushed by rejection. So, I thought I would provide a report on some for the reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully make a something to look at.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good a perception 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 certainly reject an example that they agree is usually profitable. Below are some common purposes why even marketable ideas are rejected.
1. The company may have also a full line of products and not desperate to add alot more.
2. Product or service is outside their target market.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it to the right one.
4. You sent the idea unsolicited without contacting the InventHelp Company News first to find out their submission policy, and they rejected it solely on that essence.
5. You didn’t have proper contact information on your the distribution. (That is one of the most effective mistakes Inventors make. An additional will not bother to monitor you up.)
6. Contain too many similar providers that market is flooded adequately.
7. Your idea attracts a very little niche market and they want mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Profits sheet did not WOW them and lacked consumer benefits information or was overloaded with a lot information to sort by simply.
10. Your products has recently been patented by someone else and they just don’t want to determine if they can go around it or risk infringement problems.
11. Your products or idea isn’t much better what is on the market. This tells them you didn’t research your idea very well and won’t have a clue who your competition is looking.
12. You sent a specific thing that is just like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps on the downswing compared to what isn’t too far off out the following year.
14. They already have a better solution than yours in the works for release that coming . (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they are not the only ones creating.)
15. They have already received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. A person posted your idea unprotected online in one of those InventHelp Invention Stories posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the functional prototype online and have a significant number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, however they write a quick explore your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You have a patent, can be challenging was poorly written and will not cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is a straightforward task, so that they can expect very little protection for invention idea sale.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but websites explain they just do not look beyond the company.
22. You sent them your product but they have already decided their very own line for that year together with following year and aren’t open to taking on anything else at period.
23. Simply consider items with a sales history they can review and then your item has never been being produced or sold stores or online. In order that they do not want to take the risk to become the first company to offer it.
As I stated above these are simply a few of the reasons your event may have your idea/product rejected with company. Really take the time to yourself and understand your market, your put into that market and study part to create yourself as marketable as we possibly can.