Inventors, Here Are Reasons The key reasons why Your Invention Got Turned down
Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I would provide a involving some belonging to the reasons you really can have gotten denied. It does not cover every reason you have access to rejected, but hopefully make a something to think about.
You really have to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to own a good idea but you’ll find that regardless how good a perception you could imagine it is that you may 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. Here are a couple common purposes why even marketable ideas are rejected.
1. The company may have also a full-line of products and not wanting to add very much more.
2. Make use of this is outside their marketplace.
3. You sent your submission into the wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting the company first to observe their submission policy, and they rejected it solely on that source.
5. You didn’t have proper contact information on your the distribution. (That is one of the most mistakes Inventors make. The machines will not bother to monitor you decrease.)
6. Contain too many similar providers that market is flooded adequately.
7. Your idea attracts a little niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or inventhelp number was overloaded with a good deal information to sort by simply.
10. Your products has happened to be patented by someone else and they just don’t want to determine if they goes around it or risk infringement problems.
11. Your product or idea isn’t compared to what is definitely on the. This tells them you didn’t research your idea well and don’t need a clue who competition is in the industry.
12. You sent a product that is exactly like their current product and that current strategy is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or possibly on the downswing in order to what is on its way out a year later.
14. They have a better solution than yours in the 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, invention patent samples, etc prior for the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the sole ones inventing.)
15. These have received another similar idea from another Inventor and are working negotiations with that Inventor.
16. You have posted your idea unprotected online a single of those new invention ideas posting sites where others vote on your product to find out there is interest. Your public disclosure makes the actual concerned whether any patent protection may allowed and turns it down in accordance to that give.
17. You posted your unprotected idea and video of the functional prototype online and have a significant connected with 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 begin a quick browse your patent they identify that it has lapsed due to non-payment of fees and has now been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written as well as cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, as a result they should expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but websites explain they just do not look right out of the company.
22. You sent them your product but they have decided about their line for the year or that the following year and aren’t open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review nicely item has never been in production or sold stores or online. To ensure that do n’t need to take the risk to become the first company to encourage it.
As I stated above these are just a few of the reasons abdominal muscles your idea/product rejected with company. Really take the time to on your own and understand your market, your place in that market and seek information part to make yourself as marketable as is feasible.
