Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I offers a report on some of your reasons you could have gotten terminated. It does not cover every reason you can get rejected, but hopefully it will give you something to think about.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you will discover that regardless how good a perception you could imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an idea that they agree this would definately be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. They may presently have a full-line of products and not trying to add much more.
2. The product is outside their marketplace.
3. You sent your submission for the wrong an affiliate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent the idea unsolicited without contacting corporation first to observe their submission policy, and they rejected it solely on that essence.
5. You didn’t have proper contact regarding your submission. (That is one of the actual mistakes Inventors make. An additional will not bother for you to trace you on paper.)
6. They have too many similar services that companies are flooded proper.
7. Your idea interests a minimal niche market and would like mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Your sales sheet don’t WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Your product has already been patented by someone else and want to see if they should go around it or risk infringement factors.
11. Your product or idea isn’t better than what is on the marketplace. This tells them you did not research your idea perfectly well and do not need a clue who the competitors is looking.
12. You sent a procedure that is just like their current product and that current set up is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or maybe on the downswing compared to what isn’t too far off out one year afterwards.
14. They have a better solution than yours within works for release that coming year. (This is also where inventors help may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This happens a significant. Inventors forget that they are not the only ones creating.)
15. These have received another similar idea from another Inventor and are typically negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection would be allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the working prototype online and have a significant regarding hits. This again raises the concern whether any patent your idea would be possible due to your public disclosure.
18. You stated that you should have an issued patent, help to they write a quick search on your patent they identify that it has lapsed by way of non-payment of fees and has now been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. There are any patent, but it was poorly written and will not cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is a straightforward task, as a result they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize individuals. So you get a rejection letter, but won’t matter explain they just don’t look away from company.
22. You sent them your product but these have decided their very own line for that year or that the following year and aren’t open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review and then your item never been in production or sold stores or online. So that they really do n’t want to go ahead and take risk getting the first company to market it.
As I stated above these are only a few with the reasons within the glass . your idea/product rejected a new company. Really take period to yourself and understand buildapbn.blogspot.com your market, your commit that market and plenty of research part to make yourself as marketable as we possibly can.