Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I would provide a connected with some of your reasons you can get gotten terminated. It does not cover every reason you have access to rejected, but hopefully as well as your something to think about.
You really have to realize that inventing is fundamentally a numbers on-line! Yes, you still need to enjoy a good idea but you will find that in spite of how to start an invention good an inspiration you may think it is you can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an idea that they agree could be profitable. Here are a couple common the actual reason why even marketable ideas are rejected.
1. The company may already have a full line of services not wanting to add somewhat more.
2. The product is outside their target market.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting group first to find their submission policy, in addition they rejected it solely on that basis.
5. You didn’t have proper contact about your division. (That is one of the greatest mistakes Inventors make. The corporation will not bother to you on paper.)
6. They’ve got too many similar services that marketplace is flooded a sufficient quantity of.
7. Your idea appeals to a very little niche market and would like mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your products has have been patented by someone else and want to ascertain if they might go around it or risk infringement trouble.
11. Your product or idea isn’t much better than what is definitely on the actual marketplace. This tells them you did not research your idea okay and don’t need a clue who competitors is in the industry.
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 much better.
13. Your idea is outdated or perhaps on the downswing compared to what will be coming out the following year.
14. They 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 regardless of whether the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Transpires a entire lot. Inventors forget that they aren’t ones creating.)
15. They have received another similar idea from another Inventor and are in negotiations with that Inventor.
16. A person posted your idea unprotected online in one of those invention ideas posting sites where others vote on your products to verify that there is interest. Your public disclosure makes the concerned whether any patent protection will be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the running prototype on youtube and InventHelp Headquarters 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, whenever they do a quick explore your patent they discover that it has lapsed resulting from non-payment of fees and features been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written and also cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, meaning that they can get very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i don’t know. So you get a rejection letter, but it doesn’t explain they never look right out of the company.
22. You sent them your product but they have already decided on their line for that year and therefore following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item has never been being produced or sold stores or online. So that they really do not need to go ahead and take risk getting the first company to offer it.
As I stated above these are simply a few for this reasons your event may have your idea/product rejected the company. Really take the time to do your research and understand your market, your put in that market and homework part to create yourself as marketable as we possibly can.