Many Inventors trying to give their product ideas to push are totally crushed by rejection. So, I thought I would provide a involving some for the reasons you should have gotten rejected. It does not cover every reason you can get rejected, but hopefully wanted something to.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good an idea you may think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject an idea that they agree could be profitable. Below are some common purposes why even marketable ideas are rejected.
1. The business may surely have a full line of products and not looking to add alot more.
2. Makes use of is outside their target market.
3. You sent your submission towards the wrong an affiliate the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting group first to observe 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 highest mistakes Inventors make. The machines will not bother to you alongside.)
6. Include too many similar services that companies are flooded proper.
7. Your idea interests a minimal niche market and would like mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort because of.
10. Your products has recently been patented by someone else and they just don’t want to find out if they should go around it or risk infringement trouble.
11. Your products or idea isn’t better than what has already been on market. This tells them you did not research your idea perfectly well and don’t need a clue who competitors is thats available.
12. You sent a product that is just like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or maybe on the downswing compared to what will be coming out one year afterwards.
14. They already have a better solution than yours involving works for release that coming calendar months. (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 into the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the sole ones inventing.)
15. They have received the identical idea from another Inventor and are working negotiations with that Inventor.
16. Include posted your idea unprotected online in a of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes the company concerned whether any patent ideas protection may allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the important prototype online and possess a significant number of hits. It can raises the concern whether any patent an idea would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, yet if they perform quick explore your patent they discover that it has lapsed due to non-payment of fees and it has been lapsed significantly following due the present day. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and also cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, meaning that they can get very little protection avaiable for purchase.
21. Sometimes the InventHelp Company you have approached just doesn’t the outside ideas and does not publicize everyone. So you get a rejection letter, but won’t matter explain they don’t really look beyond the company.
22. You sent them your product but they have already decided on your line for the year and therefore following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review and your item has never been being produced or sold stores or online. So they do not want to take the risk for being the first company selling it.
As I stated above these are simply a few for this reasons within the glass . your idea/product rejected a new company. Really take time to on your own and understand your market, your commit that market and do your part different yourself as marketable as possible.