Many Inventors trying to generate their product ideas selling are totally crushed by rejection. So, I thought I offers a regarding some for the reasons you could have gotten denied. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to get a good idea but you’ll find that it doesn’t matter how to patent an idea good a perception you could imagine it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that would likely reject a strategy that they agree this would definately be profitable. Here are a couple common the actual reason why even marketable ideas are rejected.
1. This company may already have a full-line of products and not looking to add very much more.
2. Product or service is outside their target market.
3. You sent your submission for the wrong part of the company – don’t assume they’ll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting the company first to find out their submission policy, and they usually rejected it solely on that agreement.
5. You didn’t have proper contact about your the distribution. (That is one of the most mistakes Inventors make. The company will not bother to monitor you up.)
6. Include too many similar providers that marketplace is flooded plenty of.
7. Your idea appeals to a little niche market and they want mass market items.
8. Value 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 too much information to sort through.
10. Your products has been really patented by someone else and they don’t want to find out if they should go around it or risk infringement problems.
11. Goods or idea isn’t much better than what is already on the marketplace. This tells them you did not research your idea well and don’t need a clue who competitors is in the market.
12. You sent a product that is just like their current product and that current product is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps on the downswing when what is on its way out a year later.
14. They have a better solution than yours their works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, how to get a patent for an idea engineering, samples, etc prior into the Inventor contacting the company about their idea. This happens a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have already received another similar idea from another Inventor and are developed in negotiations with this Inventor.
16. Include posted your idea unprotected online inside a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, yet if they do a quick look on your patent they discover that it has lapsed due to non-payment of fees and features been lapsed significantly over the due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and also cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, as a result they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize individuals. So you get a rejection letter, but which are explain they just do not look outside the company.
22. You sent them your product but they have already decided to the line for that year together with following year and are not open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review for InventHelp nicely item never been being produced or sold stores or online. To ensure that do not require to take the risk becoming the first company to market it.
As I stated above these are simply a few within the reasons your event may have your idea/product rejected along with a company. Really take the time to do your research and understand your market, your place in that market and do your part become worse yourself as marketable as possible.