Inventors, Here Are Reasons Reasons Your Invention Got Turned down
Many Inventors trying to bring their product ideas to push are totally crushed by rejection. So, I thought I gives you a list of some of this reasons you can get gotten rejected. It does not cover every reason you can get rejected, but hopefully as well as your something to.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will find that irrespective of how good an insurance policy you may believe it 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 an example that they agree this would definately be profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. The business may presently have a complete collection of services not desperate to add very much more.
2. Make use of this is outside their target market.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting group first to observe their submission policy, stingwintersnight.com plus they also rejected it solely on that trigger.
5. You did not have proper contact about your the distribution. (That is one of the actual mistakes Inventors make. The company will not bother to track you down.)
6. Include too many similar providers that sector is flooded enough.
7. Your idea appeals to a minimal niche market and desire mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Revenue sheet did not WOW them and invention ideas lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your product has been really patented by someone else and they don’t want to determine if they can go around it or risk infringement trouble.
11. Goods or idea isn’t much better what is already on the. This tells them you did not research your idea perfectly well and don’t have a clue who competitors is that are available.
12. You sent a specific thing that is exactly like their current product and that current device is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps on the downswing in comparison to what will be coming out one year afterwards.
14. They already have a better solution than yours in the works for release that coming annualy. (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 on the Inventor contacting the company about their idea. This happens a lot. Inventors forget that they are not the only ones creating.)
15. They have already received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. You have posted your idea unprotected online a single of those invention companies posting sites where others vote on your product to check if there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the working prototype online and have a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, but when they write a quick browse your patent they discover that it has lapsed thanks to non-payment of fees and features been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and also cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, which means they can get very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize everyone. So you get a rejection letter, but websites explain they cannot look away from company.
22. You sent them your product but these have decided about their line for the year or the following year and aren’t open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and your item by no means been being produced or sold stores or online. So they do n’t want to consider the risk of being the first company to encourage it.
As I stated above these are just a few within the reasons abdominal muscles your idea/product rejected the company. Really take period to yourself and understand your market, your put into that market and study part different yourself as marketable as it can.