Inventors, Here Are Reasons That Your Invention Got Rejected
Many Inventors trying to get their product ideas to market are totally crushed by rejection. So, I thought I gives you a connected with some of the reasons you can get gotten cast off. It does not cover every reason you can get rejected, but hopefully it will give you something to look into.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you’ll find that regardless how good an idea you might think 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 would reject an idea that they agree would be profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. They may now have a full line of services not desperate to add alot more.
2. Product or service is outside their marketplace.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent one does this program unsolicited without contacting firm first to observe their submission policy, and they usually rejected it solely on that source.
5. You did not have proper contact information on your division. (That is one of the most effective mistakes Inventors make. Corporation will not bother to monitor you down.)
6. They’ve got too many similar providers that sector is flooded enough.
7. Your idea interests a very little niche market and desire mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your products has recently been patented by someone else and they just don’t want to determine if they might go around it or risk infringement elements.
11. Your product or idea isn’t much better what has already been on the market. This tells them you did not research your idea okay and don’t have a clue who your competition is thats available.
12. You sent a product that is exactly like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or is on the downswing when what is on its way out the following year.
14. They already have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Goes on a significant. Inventors forget that they are not the sole ones creating.)
15. These have received another similar idea from another InventHelp Inventor Service and are typically negotiations with this Inventor.
16. Include posted your idea unprotected online a single of those invention help posting sites where others vote on your InventHelp Store Products to verify that there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the significant prototype on youtube and have a significant quantity of 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, help to they participate in a quick browse your patent they see that it has lapsed due to non-payment of fees and has now been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve got 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, to ensure that you they can get very little protection for sale.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize everyone. So you get a rejection letter, but websites explain they cannot look outside the company.
22. You sent them your product but they have decided about their line for the year together with following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review together item never been in production or sold stores or online. So do not require to take the risk of being the first company selling it.
As I stated above these are just a few with the reasons within the glass . your idea/product rejected a new company. Really take time to research the offers completely and understand your market, your commit that market and seek information part to make yourself as marketable as possible.
