Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I would provide a list of some of this reasons you can get gotten terminated. It does not cover every reason you could get rejected, but hopefully wanted something to.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you will find that in spite of how good an inspiration you might think it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that would certainly reject an example that they agree could be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. This company may surely have a full-line of services not wanting to add much more.
2. Makes use of is outside their marketplace.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it right one.
4. You sent one does this program unsolicited without contacting the company first to find out their submission policy, in addition they rejected it solely on that source.
5. You did not have proper contact regarding your division. (That is one of the actual mistakes Inventors make. The machines will not bother to be able to you on paper.)
6. Possess too many similar InventHelp Products and that companies are flooded proper.
7. Your idea draws a small niche market and besides 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 a lot information to sort through.
10. Goods has have been patented by someone else and tend not to want to ascertain if they can go around it or risk infringement elements.
11. Your product or idea isn’t much better than what is on the. This tells them you didn’t research your idea very well and won’t have a clue who competition is that are available.
12. You sent a product that is just like their current product and that current product is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing in order to what is coming out a year later.
14. They already have a better solution than yours in the works for release that coming annualy. (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. Takes place a lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received another similar idea from another Inventor and are typically negotiations with this Inventor.
16. You have posted your idea unprotected online a single of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the 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 working prototype on youtube and inventhelp wiki possess a significant involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, patent my idea yet if they participate in a quick browse your patent they noticed that it has lapsed resulting from non-payment of fees and it has been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, truly was poorly written and also cover the actual product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, to ensure that you they can expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but websites explain they cannot look beyond the company.
22. You sent them your product but they have decided their very own line for that year and therefore following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and your item has never been being produced or sold stores or online. So do not need to consider the risk for being the first company to encourage it.
As I stated above these are just a few belonging to the reasons your event may have your idea/product rejected a new company. Really take period to do your research and understand your market, your commit that market and homework part to make yourself as marketable as is feasible.