Many Inventors trying to generate their product ideas to push are totally crushed by rejection. So, I thought I offers a involving some of your reasons you could have gotten denied. It does not cover every reason you can get rejected, but hopefully wanted something start thinking about.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to get a good idea but you will discover that irrespective of how good an insurance policy you may believe it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an understanding that they agree this would definately be profitable. Here are some common reasons why even marketable ideas are rejected.
1. The company may presently have a full line of products and not looking to add much more.
2. Make use of this is outside their target market.
3. You sent your submission towards 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, and they rejected it solely on that trigger.
5. You did not have proper contact about your division. (That is one of the greatest mistakes Inventors make. The corporation will not bother to track you on paper.)
6. Include too many similar providers that marketplace is flooded file a patent sufficient quantity of.
7. Your idea appeals to a minimal niche market and would like mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Goods has recently been patented by someone else and they just don’t want to find out if they can go around it or risk infringement factors.
11. Goods or idea isn’t much better what has already been on the marketplace. This tells them you did not research your idea perfectly well and don’t have a clue who competition is that are available.
12. You sent a service or product that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or is on the downswing whenever compared with what is coming out the following year.
14. They already have a better solution than yours in the 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 to the Inventor contacting the company about their idea. This happens a masse. Inventors forget that they are not the only ones inventing.)
15. These have received to correct idea from another Inventor and are typically negotiations with this Inventor.
16. You need to posted your idea unprotected online in one of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the concerned whether any patent idea protection would be allowed and turns it down based on that ailment.
17. You posted your unprotected idea and video of the running prototype online and have a significant involving 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 explore your patent they noticed that it has lapsed by way of non-payment of fees and allows been lapsed significantly over the due associate with. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written as well as cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, meaning that they should be expecting very little protection that can be found.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize that fact. So you get a rejection letter, but which are explain they cannot look right out of the company.
22. You sent them your product but they have already decided on your line for the year or the following year and aren’t open to taking on anything else at that time.
23. They only consider items with a sales history they can review and your item never been in production or sold stores or www.fan-tastico.org online. To ensure that do n’t want to take the risk getting 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 by a company. Really take the time to on your own and understand your market, your put into that market and seek information part different yourself as marketable as is feasible.