Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I offers a regarding some of your reasons you should have gotten rejected. It does not cover every reason you can get rejected, but hopefully as well as your something to look at.
You need to realize that inventing is fundamentally a numbers on-line! Yes, you still need to get a good idea but you will discover that it doesn’t matter how to pitch an idea to a company good an insurance policy you may think it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject an example that they agree this would definately be profitable. Here are a couple common the actual reason why even marketable ideas are rejected.
1. A lot more claims may have also a full-line of products and not trying to add very much more.
2. Urge for food is outside their target market an invention idea.
3. You sent your submission towards the wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent premise unsolicited without contacting firm first recognize their submission policy, plus they also rejected it solely on that essence.
5. You didn’t have proper contact about your the distribution. (That is one of the most effective mistakes Inventors make. The corporation will not bother to track you up.)
6. Contain too many similar providers that market is flooded plenty of.
7. Your idea appeals to a minimal niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort because of.
10. Your product has recently been patented by someone else and want to find out if they goes around it or risk infringement trouble.
11. Your product or idea isn’t much better than what is on the marketplace. This tells them you didn’t research your idea okay and don’t need a clue who competitors is thats available.
12. You sent a specific thing that is precisely like their current product and that current technique are a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or is on the downswing compared to what isn’t too far off out the year after.
14. They already have a better solution than yours the actual world works for release that coming year. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, https://rubenbruno4542.tumblr.com etc prior for the Inventor contacting the company about their idea. Goes on a entire lot. Inventors forget that they are not the sole ones creating.)
15. These have received another similar idea from another Inventor and are in negotiations with that Inventor.
16. You need to posted your idea unprotected online in a 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 based on that issue.
17. You posted your unprotected idea and video of the working prototype online and have a significant connected with hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, however they perform quick search on your patent they identify that it has lapsed thanks to non-payment of fees and has now been lapsed significantly beyond the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and also cover the particular product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, so that they can get very little protection that can be found.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize individuals. So you get a rejection letter, but it doesn’t explain they cannot look away from company.
22. You sent them your product but they have already decided to the line for the year or the following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item by no means been being produced or sold stores or online. So that they really do not want to consider the risk becoming the first company advertising it.
As I stated above these are only a few of the reasons you should have your idea/product rejected along with a company. Really take period to yourself and understand your market, your invest that market and homework part become worse yourself as marketable as possible.