Many Inventors trying to make their product ideas showcase are totally crushed by rejection. So, I thought I gives a list of some of this reasons you can get gotten denied. It does not cover every reason you could get rejected, but hopefully it will give you something to.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you will discover that it doesn’t matter how good an idea you may think it is that gardeners can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would certainly reject an example that they agree that i see profitable. Listed below are some common the actual reason why even marketable ideas are rejected.
1. They may already have a full-line of products and not desperate to add somewhat more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting group first to check their submission policy, InventHelp reviews plus they also rejected it solely on that trigger.
5. You did not have proper contact regarding your entry. (That is one of the most effective mistakes Inventors make. The corporation will not bother for you to trace you on paper.)
6. They’ve got too many similar providers that information mill flooded adequately.
7. Your idea interests a small niche market and desire mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort because of.
10. Your products has happened to be patented by someone else and they just don’t want to ascertain if they should go around it or risk infringement problems.
11. Your product or idea isn’t much better what is definitely on the. This tells them you didn’t research your idea very nicely and don’t need a clue who your competition is looking.
12. You sent a service or product that is just like their current product and that current set up is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or is on the downswing whenever compared with what is on its way out the next year.
14. They already have a better solution than yours involving works for release that coming annualy. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Goes on a lot. Inventors forget that they are not the only ones creating.)
15. These have received another similar idea from another Inventor and are in negotiations with that Inventor.
16. A person posted your idea unprotected online in a single of those new invention ideas posting sites where others vote on your products to find out there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down derived from that issue.
17. You posted your unprotected idea and video of the functional prototype online and possess 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 InventHelp Patent Referral Services, yet if they do a quick explore your patent they identify that it has lapsed by way of non-payment of fees and features been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and will not cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, as a result they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize that fact. So you get a rejection letter, but which are explain they just don’t look away from company.
22. You sent them your product but these have decided to the line for the year together with following year and are not 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 in production or sold stores or online. So do not require to consider the risk becoming the first company to market it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected along with a company. Really take the time to on your own and understand your market, your place in that market and study part things yourself as marketable maybe can.