Inventors, Here Are Reasons Cause Your Invention Got Terminated
Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I would provide a report on some of the reasons you could obtain gotten rejected. It does not cover every reason you could get rejected, but hopefully as well as your something to think about.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will find that irrespective of how good an inspiration you may believe it that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they reject an image that they agree is usually profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. They may have also a full-line of products and not desperate to add alot more.
2. The product is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting the company first to check their submission policy, to begin with rejected it solely on that essence.
5. You didn’t have proper contact information on your entry. (That is one of the greatest mistakes Inventors make. The machines will not bother for new Inventions you to trace you down.)
6. They have too many similar services that market is flooded proper.
7. Your idea appeals to a very small niche market and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Profits sheet don’t 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 tend not to want to determine if they are around it or risk infringement trouble.
11. Your product or idea isn’t better than what is already on the market. This tells them you didn’t research your idea well and won’t have a clue who competition is looking.
12. You sent a machine that is just like their current product and InventHelp Locations that current strategy is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps is on the downswing when what will be coming out the next year.
14. They have a better solution than yours within works for release that coming year. (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 lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received another similar idea from another Inventor and are in negotiations with this Inventor.
16. You have posted your idea unprotected online in one of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down depending that ailment.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, but when they perform quick browse your patent they make it a point it has lapsed due to non-payment of fees and it’s been lapsed significantly beyond the due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, truly was poorly written as well as cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, so that they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize individuals. So you get a rejection letter, but permit you explain they never look right out of the company.
22. You sent them your product but they have already decided to the line for the year or go with the following year and aren’t 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 never been being produced or sold stores or online. So do n’t want to consider the risk of being the first company to offer it.
As I stated above these are just a few with the reasons abdominal muscles your idea/product rejected along with a company. Really take the time to research the offers completely and understand your market, your invest that market and homework part things yourself as marketable as we possibly can i patent an idea.
