Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I would supply a involving some of the reasons you can get gotten denied. It does not cover every reason you could get rejected, but hopefully as well as your something to look at.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you’ll find that it doesn’t matter how to patent an idea or product good an insurance policy you may believe it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they will reject an image that they agree is usually profitable. Below are some common reasons why even marketable ideas are rejected.
1. The business may now have a full line of products and not seeking add somewhat more.
2. Makes use of is outside their marketplace.
3. You sent your submission towards the wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent are interested to produce unsolicited without contacting firm first to observe their submission policy, to begin with rejected it solely on that essence.
5. You didn’t have proper contact information on your the distribution. (That is one of the most mistakes Inventors make. The machines will not bother to monitor you on paper.)
6. Possess too many similar providers that information mill flooded proper.
7. Your idea interests a little niche market and they want mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with significantly information to sort indicates of.
10. Goods has recently been patented by someone else and they just don’t want to ascertain if they should go around it or risk infringement factors.
11. Goods or idea isn’t much better than what is on the market. This tells them you did not research your idea very well and do not need a clue who the competitors is looking.
12. You sent a specific thing that is exactly like their current product and that current set up is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is coming out the year after.
14. They 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 even when the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the sole ones inventing.)
15. They have already received a similar idea from another Inventor and are working negotiations with that Inventor.
16. You need to posted your idea unprotected online in a single of those InventHelp Invention Marketing posting sites where others vote on goods to verify that there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the working prototype online and have a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, but when they participate in a quick explore your patent they make it a point it has lapsed thanks to non-payment of fees and allows been lapsed significantly over the due encounter. Making the chances of it being reinstated unlikely.
19. You’ve got patent, can be challenging was poorly written and also cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, so that they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize everyone. So you get a rejection letter, but websites explain they cannot look away from company.
22. You sent them your product but they have already decided their very own line for the year together with following year and aren’t open to taking on anything else at that time.
23. Simply consider items with a sales history they can review and your item never been being produced or sold stores or online. So they do not require to consider the risk of being the first company advertising it.
As I stated above these are just a few belonging to the reasons you can have your idea/product rejected a new company. Really take time to on your own and understand reviews for InventHelp your market, your commit that market and plenty of research part things yourself as marketable maybe can.