Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I offers a connected with some of this reasons you could have gotten discarded. It does not cover every reason you can get rejected, but hopefully wanted something to look into.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will find that in spite of how to invent a product good a perception you may think it 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 would reject an example that they agree would be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. The company may surely have a full line of products and not wanting to add more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, plus they also rejected it solely on that agreement.
5. You did not have proper contact information on your submission move. (That is one of the actual mistakes Inventors make. The company will not bother for you to trace you on paper.)
6. They’ve got too many similar providers that market is flooded enough.
7. Your idea draws a very small niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Profits sheet don’t WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your products has already been patented by someone else and don’t want to see if they goes around it or risk infringement problems.
11. Your product or idea isn’t much better what has already been on the actual marketplace. This tells them you didn’t research your idea perfectly well and don’t need a clue who competitors is in the market.
12. You sent a specific thing that is just like their current product and that current product is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or is on the downswing whenever compared with what will be coming out a year later.
14. They have a better solution than yours the actual world works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, carlosjaen.com etc prior into the Inventor joebassett.net contacting the company about their idea. This happens a entire lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have already received to correct idea from another Inventor and are developed in negotiations with that Inventor.
16. You have posted your idea unprotected online inside a of those invention posting sites where others vote on your product to find out there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down based on that ailment.
17. You posted your unprotected idea and video of the running 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 that you own an issued patent, help to they write a quick look up your patent they noticed that it has lapsed due to non-payment of fees and has now been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and will not cover specific product. (This happens a lot)
20. You will have a design patent and designing around your patent is a straightforward task, to ensure that you they should expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but which are explain they just don’t look outside the company.
22. You sent them your product but they have already decided to the line for that year or that 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 your item never been being produced or sold stores or online. To ensure that do n’t need to take the risk to become the first company advertising it.
As I stated above these are simply a few belonging to the reasons you can have your idea/product rejected with company. Really take period to do your research and understand your market, your put in that market and do your part different yourself as marketable maybe can.