Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives a connected with some belonging to the reasons you should have gotten terminated. It does not cover every reason you have access to rejected, but hopefully as well as your something start thinking about.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will discover that in spite of how do you patent an idea good an idea you may believe it that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject a strategy that they agree could be profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. The business may presently have a full-line of providers not desperate to add much more.
2. Product or service is outside their marketplace.
3. You sent your submission into the wrong person in the company - don't assume they'll automatically send it right one.
4. You sent are interested to produce unsolicited without contacting corporation first to observe their submission policy, to begin with rejected it solely on that trigger.
5. You didn't have proper contact regarding your division. (That is one of the greatest mistakes Inventors make. The company will not bother for you to trace you down.)
6. They have too many similar products and that market is flooded adequately.
7. Your idea draws a minimal niche market and besides mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Your sales sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Your product has recently been patented by someone else and they don't want to see if they are around it or risk infringement trouble.
11. Goods or idea isn't better than what is definitely on the actual marketplace. This tells them you didn't research your idea very nicely and won't have a clue who competition is in the market.
12. You sent a service or product that is strictly 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 Your idea is outdated or perhaps on the downswing compared to what isn't too far off out the year after.
14. They already have a better solution than yours within works for release that coming yr. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior for the Inventor InventHelp new inventions contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the only ones inventing.)
15. These have received the identical idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes an additional concerned whether any patent protection will be allowed and turns it down in accordance to that give.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess 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 on your patent they identify that it has lapsed thanks to non-payment of fees and allows been lapsed significantly beyond the due date. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and also cover specific product. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, so that they should be expecting very little protection in the industry.
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 they have decided on their line for the year and therefore following year and aren't open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review and your item by no means been in production or sold stores or online. So how do you get a patent n't need to take the risk of being the first company selling it.
As I stated above these are a few within the reasons you can have your idea/product rejected along with a company. Really take period to on your own and understand your market, your invest that market and homework part different yourself as marketable maybe can.