Many Inventors trying to give their product new ideas for inventions to push are totally crushed by rejection. So, I thought I gives you a list of some of your reasons you can get gotten terminated. It does not cover every reason you could get rejected, inventhelp george Foreman commercials but hopefully make a something to.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you’ll find that irrespective of how good an insurance policy you could imagine it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an understanding that they agree is usually profitable. Below are some common reasons why even marketable ideas are rejected.
1. The business may presently have a full line of services not looking to add much more.
2. The product is outside their marketplace.
3. You sent your submission towards the wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting vehicle first to find out their submission policy, and they rejected it solely on that agreement.
5. You didn’t have proper contact information on your submission. (That is one of the greatest mistakes Inventors make. The corporation will not bother to monitor you on paper.)
6. Include too many similar products and that companies are flooded proper.
7. Your idea draws a minimal niche market and they want mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Income sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with great deal information to sort by simply.
10. Your products has recently been patented by someone else and don’t want to see if they might go around it or risk infringement problems.
11. Goods or idea isn’t better than what is already on the market. This tells them you didn’t research your idea perfectly well and don’t own a clue who the competitors is looking.
12. You sent a product that is just like their current product and that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing whenever compared with what will be coming out a year later.
14. They have a better solution than yours their works for release that coming yr. (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 to your Inventor contacting the company about their idea. This takes place a wonderful deal. Inventors forget that they are not the sole ones creating.)
15. These have received a comparable idea from another Inventor and are working negotiations with this Inventor.
16. A person posted your idea patent unprotected online in one of those invention posting sites where others vote on goods to check if there is interest. Your public disclosure makes company concerned whether any patent protection may allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the significant prototype on youtube and have a significant involving hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, whenever they perform quick look up your patent they identify that it has lapsed due to non-payment of fees and has now been lapsed significantly after due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and will not cover the actual product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, which means they can expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize that fact. So you get a rejection letter, but websites explain they don’t really look beyond the company.
22. You sent them your product but they have decided about their line for that 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 never been in production or sold stores or online. So do not need to consider the risk getting the first company selling it.
As I stated above these are simply a few with the reasons within the glass . your idea/product rejected the company. Really take time to do your research and understand your market, your put into that market and do your part different yourself as marketable maybe can.