Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I gives a involving some of your reasons you really can have gotten discarded. It does not cover every reason you have access to rejected, but hopefully it will give you something to look into.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will discover that in spite of how good a perception you may think it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that would certainly reject an understanding that they agree would be profitable. Here are some common the actual reason why even marketable ideas are rejected.
1. They may presently have a full-line of services not looking to add more.
2. The product is outside their marketplace.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent the idea unsolicited without contacting firm first to find out their submission policy, in addition they rejected it solely on that trigger.
5. You didn’t have proper contact about your division. (That is one of the highest mistakes Inventors make. Corporation will not bother for you to trace you up.)
6. Contain too many similar providers that sector is flooded adequately.
7. Your idea appeals to a minimal niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Income sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with too much information to sort indicates of.
10. Your product has already been patented by someone else and want to determine if they goes around it or risk infringement factors.
11. Your InventHelp New Store Products or idea isn’t much better what is definitely on the marketplace. This tells them you didn’t research your idea well and won’t have a clue who competitors is thats available.
12. You sent a specific thing that is exactly like their current product and that current device is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps on the downswing whenever compared with what isn’t too far off out the year after.
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 to your Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received the identical idea from another Inventor and are in negotiations with that Inventor.
16. Include posted your idea unprotected online in a of those invention companies posting sites where others vote on goods to see if there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the important prototype online and product idea possess a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, whenever they begin a quick look on your patent they identify that it has lapsed thanks to non-payment of fees and has now been lapsed significantly over the due associate with. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written and doesn’t cover far more product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, meaning that they can expect very little protection for sale.
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, but it doesn’t explain they never look away from company.
22. You sent them your product but they have decided on their line for that year together with following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item has never been being produced or sold stores or online. In order that they do not need to take the risk for being the first company selling it.
As I stated above these are just a few within the reasons you can have your idea/product rejected along with a company. Really take the time to do your research and understand your market, your put into that market and do your part things yourself as marketable as possible.