Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I gives you a regarding some of your reasons you should have gotten rejected. It does not cover every reason you can get rejected, but hopefully it will give you something to think about.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to undertake a good idea but you will discover that no matter how good an idea patent you might think it that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they would reject an idea that they agree could be profitable. Below are some common explanations why even marketable ideas are rejected.
1. The business may already have a complete collection of products and not seeking add somewhat more.
2. Product or service is outside their marketplace.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting the company first to check their submission policy, plus they also rejected it solely on that agreement.
5. You did not have proper contact regarding your division. (That is one of the most effective mistakes Inventors make. Corporation will not bother to monitor you decrease.)
6. They have too many similar providers that information mill flooded plenty of.
7. Your idea attracts a very little niche market and desire mass market items.
8. The cost to manufacture versus the return on investment as well high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Goods has have been patented by someone else and tend not to want to find out if they might go around it or risk infringement elements.
11. Goods or idea isn’t much better what is definitely on market. This tells them you did not research your idea very nicely and don’t own a clue who competitors is thats available.
12. You sent a machine that is exactly 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 Your idea is outdated or is on the downswing compared to what will be coming out the next year.
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 if the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. This takes place a entire lot. Inventors forget that they are not the only ones creating.)
15. They have already received a comparable idea from another Inventor and are typically negotiations with that Inventor.
16. A person posted your idea unprotected online in a single of those invention idea posting sites where others vote on your product to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection will be allowed and turns it down derived from that give.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, however they begin a quick look up your patent they discover that it has lapsed due to non-payment of fees and has now been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and will not cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, meaning that they should be expecting very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize everyone. So you get a rejection letter, but it doesn’t explain they just don’t look right out of the company.
22. You sent them your inventhelp product development but these have decided about their line for that year or the following year and are not open to taking on anything else at that time.
23. They only consider items with a sales history they can review and then your item by no means been in production or sold stores or online. So they do not want to take the risk getting the first company to encourage it.
As I stated above these are just a few for this reasons your event may have your idea/product rejected with company. Really take period to on your own and understand your market, your put in that market and do your part to create yourself as marketable maybe can.