Many Inventors trying to generate their product ideas to push are totally crushed by rejection. So, I thought I would supply a connected with some of the reasons you should have gotten cast off. It does not cover every reason you could get rejected, but hopefully as well as your something start thinking about.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you'll find that in spite of how good understanding you may think it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn't make sense to you that they would reject a strategy that they agree could be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. The business may presently have a full line of services not wanting to add alot more.
2. Product or service is outside their target market.
3. You sent your submission to the wrong an affiliate the company - don't assume they'll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting the company first to observe their submission policy, and they rejected it solely on that essence.
5. You didn't have proper contact regarding your division. (That is one of the highest mistakes Inventors make. The corporation will not bother to track you decrease.)
6. They have too many similar providers that marketplace is flooded a sufficient quantity of.
7. Your idea attracts a minimal niche market and desire mass market items.
8. The cost 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 significantly information to sort with the aid of.
10. Your product has have been patented by someone else and they don't want to find out if they goes around it or risk infringement issues.
11. Your product or idea isn't compared to what is already on the market. This tells them you did not research your idea very nicely and won't have a clue who other sellers is that are available.
12. You sent a product 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 Your idea is outdated or possibly on the downswing in order to what is departing from out the following year.
14. They have a better solution than yours in the works for release that coming yr. (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 to the Inventor contacting the company about their idea. Takes place a wonderful deal. Inventors forget that they aren't ones inventing.)
15. They have already received another similar idea from another Inventor and are developed in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a of those invention posting sites where others vote on goods to find out there is interest. Your public disclosure makes company concerned whether any patent protection properly allowed and InventHelp New Products turns it down based on that issue.
17. You posted your unprotected idea and video of the functional prototype online and have a significant connected with hits. This again raises the concern whether any patent my idea would be possible due to your public disclosure.
18. You stated that you have an issued patent, however they begin a quick look up your patent they identify that it has lapsed due to non-payment of fees and it has been lapsed significantly over the due encounter. Making the chances of it being reinstated unlikely.
19. There's a patent, and it was poorly written and doesn't cover specific product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, meaning that they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn't from outside ideas and does not publicize everyone. So you get a rejection letter, but it doesn't explain they never look right out of the company.
22. You sent them your product but they have already decided on their line for the year or that the 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 together item never been in production or sold stores or online. So they do n't need to take the risk getting the first company to market it.
As I stated above these are only a few belonging to the reasons you can have your idea/product rejected the company. Really take the time to on your own and understand your market, your invest that market and seek information part to make yourself as marketable as possible.