Inventors, Here Are Reasons Reasons Your Invention Got Turned down
Many Inventors trying to give their Product Idea ideas showcase are totally crushed by rejection. So, I thought I would supply a involving some of the reasons you could obtain gotten terminated. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good an idea you may believe it that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that would likely reject an understanding that they agree is usually profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. The business may presently have a complete collection of products and not wanting to add somewhat more.
2. The product is outside their target market.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it right one.
4. You sent the idea unsolicited without contacting the company first to observe their submission policy, plus they also rejected it solely on that agreement.
5. You did not have proper contact regarding your the distribution. (That is one of the most mistakes Inventors make. The company will not bother to track you down.)
6. Contain too many similar providers that information mill flooded enough.
7. Your idea draws a minimal niche market and besides mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort through.
10. Your product has recently been patented by someone else and don’t want to see if they should go around it or risk infringement trouble.
11. Goods or idea isn’t compared to what is already on the. This tells them you did not research your idea perfectly well and don’t own a clue who your competition is in the industry.
12. You sent a service or product that is exactly like their current product and that current strategy is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or is on the downswing compared to what is departing from out the following year.
14. They already have a better solution than yours in the works for new invention ideas 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 for the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones creating.)
15. They have already received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those InventHelp Invention News posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down derived from that issue.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant regarding hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, but when they write a quick look on your patent they noticed that it has lapsed due to non-payment of fees and features been lapsed significantly over the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and does not cover specific product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, as a result they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize i don’t know. So you get a rejection letter, but websites explain they never look away from company.
22. You sent them your product but these have decided to the line for that year and therefore following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review together item by no means been being produced or sold stores or online. In order that they do not require to take the risk of being the first company to offer it.
As I stated above these are simply a few for this reasons you should have your idea/product rejected along with a company. Really take the time to on your own and understand your market, your commit that market and seek information part to create yourself as marketable as is feasible.
