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 for the reasons you should have gotten rejected. It does not cover every reason you could get rejected, but hopefully as well as your something to look at.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you will find that regardless how good an inspiration you may believe it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an example that they agree could be profitable. Here are some common reasons why even marketable ideas are rejected.
1. They may already have a complete collection of products and not trying to add somewhat more.
2. Product or service is outside their marketplace.
3. You sent your submission towards wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent are interested to produce unsolicited without contacting corporation first recognize their submission policy, and they usually rejected it solely on that source.
5. You didn’t have proper contact regarding your entry. (That is one of the highest mistakes Inventors make. The machines will not bother to be able to you on paper.)
6. Include too many similar products and that market is flooded adequately.
7. Your idea draws a little niche market and besides mass market items.
8. Value to manufacture versus the return on investment as well high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort because of.
10. Your product has have been patented by someone else and they just don’t want to find out if they can go around it or risk infringement problems.
11. Goods or idea isn’t better than what has already been on the market. This tells them you did not research your idea very well and don’t have a clue who your competition is that are available.
12. You sent a procedure that is exactly like their current product and that current device is 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 Your idea is outdated or perhaps is on the downswing when what isn’t too far off out the next year.
14. They already 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 regardless of whether the company has already invested in molds, engineering, samples, patent an idea etc prior into the Inventor market an invention idea contacting the company about their idea. Takes place a lot. Inventors forget that they are not the sole ones creating.)
15. These have received another similar idea from another Inventor and are currently in negotiations with this inventor ideas.
16. You need to posted your idea unprotected online in one of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the working 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 should have an issued patent, whenever they participate in a quick look up your patent they noticed that it has lapsed resulting from non-payment of fees and features been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, can be challenging was poorly written and doesn’t cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, which means they can expect very little protection that can be found.
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 permit you explain they cannot look beyond the company.
22. You sent them your product but these have decided about their line for that year or 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 your item by no means been in production or sold stores or online. So do not want to consider the risk for being the first company selling it.
As I stated above these are simply a few with the reasons your event may have your idea/product rejected by a company. Really take time to do your research and understand your market, your invest that market and study part to make yourself as marketable as it can.