Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I offers a report on some of this reasons you can get gotten cast off. It does not cover every reason you could get rejected, but hopefully as well as your something to think about.
You really have to realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you’ll find that it doesn’t matter how to get a patent good an insurance policy you may think it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an image that they agree is usually profitable. Here are a couple common explanations why even marketable ideas for inventions are rejected.
1. They may presently have a full-line of providers not desperate to add alot more.
2. Product or service is outside their target market.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting group first to find out their submission policy, and they usually rejected it solely on that basis.
5. You didn’t have proper contact information on your entry. (That is one of the greatest mistakes Inventors make. The corporation will not bother for you to trace you on paper.)
6. Include too many similar services that marketplace is flooded a sufficient quantity of.
7. Your idea attracts a small niche market and desire mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Goods has have been patented by someone else and they don’t want to see if they might go around it or risk infringement issues.
11. Your products or idea isn’t better than what has already been on market. This tells them you did not research your idea okay and don’t have a clue who competitors is thats available.
12. You sent a machine that is strictly like their current product and that current set up is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps on the downswing compared to what is on its way out the year after.
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 whether or not 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 aren’t the sole ones creating.)
15. These have received another similar idea from another Inventor and are typically negotiations with that Inventor.
16. A person posted your idea unprotected online a single of those invention patent posting sites where others vote on your products to find out there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down in keeping with that give.
17. You posted your unprotected idea and video of the important prototype on youtube and possess a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, help to they participate in a quick look up your patent they discover that it has lapsed due to non-payment of fees and features been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written and also cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, so that they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t look at outside ideas and does not publicize i’m not sure. So you get a rejection letter, but which are explain they never look away from company.
22. You sent them your product but they have already decided to the line for that year together with following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review nicely item by no means been being produced or sold stores or online. So do n’t need to consider the risk becoming the first company advertising it.
As I stated above these are just a few of the reasons abdominal muscles your idea/product rejected the company. Really take the time to on your own and understand your market, your put into that market and study part things yourself as marketable as it can.