Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I offers a involving some for the reasons you could obtain gotten discarded. It does not cover every reason you have access to rejected, but hopefully as well as your something to look into.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will discover that no matter how to get a patent on an idea good an idea you may think it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would likely reject an example that they agree could be profitable. Below are some common explanations why even marketable ideas are rejected.
1. The business may presently have a complete collection of services not desperate to add alot more.
2. The product is outside their marketplace.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting the company first to observe their submission policy, and they usually rejected it solely on that agreement.
5. You did not have proper contact about your entry. (That is one of the greatest mistakes Inventors make. Corporation will not bother to monitor you up.)
6. Contain too many similar services that market is flooded proper.
7. Your idea appeals to a small niche market and they want mass market items.
8. Value to manufacture versus the return on investment is simply high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your products has happened to be patented by someone else and they just don’t want to determine if they might go around it or risk infringement issues.
11. Your products or idea isn’t much better than what is already on the. This tells them you did not research your idea very well and don’t own a clue who your competition is in the industry.
12. You sent a product that is precisely like their current product and that current strategy is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or maybe on the downswing whenever compared with what is departing from out the year after.
14. They have a better solution than yours the actual world works for release that coming . (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the sole ones creating.)
15. They have received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online a single of those invention 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 depending that situation.
17. You posted your unprotected idea and video of the significant prototype on youtube and have a significant number of hits. It can 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 perform quick look on your patent they discover that it has lapsed by way of non-payment of fees and it’s been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, can be challenging was poorly written as well as cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, so that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize that fact. So you get a rejection letter, but websites explain they just don’t look outside the company.
22. You sent them your product but they have already decided about their line for the year and therefore following year and aren’t open how to submit a patent taking on anything else at that time.
23. They only consider items with a sales history they can review your item by no means been in production or InventHelp Office Locations sold stores or online. To ensure that do n’t need to go ahead and take risk getting the first company selling it.
As I stated above these are just a few within the reasons abdominal muscles your idea/product rejected by a company. Really take time to do your research and understand your market, your put into that market and do your part things yourself as marketable as it can.