Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I offers a list of some of the reasons you could obtain gotten discarded. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to look into.
You really have to realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you will find that in spite of how to get a patent on an idea good an insurance policy you may think it is that gardeners can still get rejected. Many marketable ideas are rejected all the time. Even if it doesn't make sense to you that they reject a strategy that they agree would be profitable. Below are some common explanations why even marketable ideas are rejected.
1. The company may surely have a full line of services not seeking add more.
2. Makes use of is outside their target market.
3. You sent your submission towards wrong part of the company - don't assume they'll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting firm first to check their submission policy, plus they also rejected it solely on that trigger.
5. You didn't have proper contact information on your submission. (That is one of the highest mistakes Inventors make. The machines will not bother to track you decrease.)
6. They've got too many similar products and that market is flooded plenty of.
7. Your idea draws a very little niche market and desire mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Income sheet don't WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort by simply.
10. Your products has happened to be patented by someone else and they don't want to ascertain if they might go around it or risk infringement factors.
11. Your products or idea isn't compared to what is definitely on the actual marketplace. This tells them you didn't research your idea very nicely and don't have a clue who competition is thats available.
12. You sent a service or product that is exactly like their current product and that current technique are a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps is on the downswing when what isn't too far off out one year afterwards.
14. They already 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 if the company has already invested in molds, engineering, samples, etc prior for the Inventor inventhelp review contacting the company about their idea. Takes place a wonderful deal. Inventors forget that they are not the only ones creating.)
15. They have already received a comparable idea from another Inventor and are developed in negotiations with this Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on goods to find out there is interest. Your public disclosure makes the company concerned whether any patent protection may allowed and turns it down based on that ailment.
17. You posted your unprotected idea and Patent An Idea video of the working prototype online 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 have an issued patent, but when they write a quick search on your patent they make it a point it has lapsed due to non-payment of fees and features been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written as well as cover a lot more product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, meaning that they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn't with outside ideas and doesn't publicize that fact. So you get a rejection letter, but won't matter explain they cannot look beyond the company.
22. You sent them your product but they have decided about their line for the year or that the following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review and then your item has never been in production or sold stores or online. So do n't need to consider the risk getting the first company to encourage it.
As I stated above these are simply a few within the reasons you can have your idea/product rejected the company. Really take time to research the offers completely and understand your market, your put in that market and homework part become worse yourself as marketable as we possibly can.