Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I offers a involving some of your reasons you should have gotten discarded. It does not cover every reason you could get rejected, but hopefully plans and ideas something to.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to have a good idea but you will discover that irrespective of how good an insurance policy you may think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn't make sense to you that they reject an example that they agree is usually profitable. Below are some common the actual reason why even marketable ideas are rejected.
1. They may presently have a full-line of services not trying to add somewhat more.
2. The product is outside their marketplace.
3. You sent your submission to the wrong an associate the company - don't assume they'll automatically send it right one.
4. You sent viewed as unsolicited without contacting vehicle first to observe their submission policy, and they rejected it solely on that trigger.
5. You didn't have proper contact about your entry. (That is one of the greatest mistakes Inventors make. Corporation will not bother to be able to you on paper.)
6. They have too many similar services that sector is flooded adequately.
7. Your idea interests a very little niche market and they want mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your product has already been patented by someone else and they just don't want to determine if they should go around it or risk infringement problems.
11. Your product or idea isn't compared to what has already been on the actual marketplace. This tells them you did not research your idea well and product idea do not need a clue who the competitors is in the industry.
12. You sent a service or product that is just like their current product and that current device is a marginal seller. So yours won't fare any better.
13. Your idea is outdated or maybe on the downswing in comparison to what is departing from out the year after.
14. They already have a better solution than yours involving works for release that coming . (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior to your inventor ideas contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the only ones creating.)
15. They have already received another similar idea from another Inventor and are typically negotiations with that Inventor.
16. An individual posted your idea unprotected online inside a of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and turns it down depending that ailment.
17. You posted your unprotected idea and video of the significant prototype on youtube and have a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you've got an issued patent, however they write a quick look on your patent they make it a point it has lapsed by way of non-payment of fees and it has been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. There's a patent, but it was poorly written and will not cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, meaning that they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn't from outside ideas and doesn't publicize that fact. So you get a rejection letter, but permit you explain they just don't look beyond the company.
22. You sent them your product but they have decided on their line for that year or that the following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review and then your item by no means been in production or sold stores or inventhelp new inventions online. So they do not need to take the risk to become the first company advertising it.
As I stated above these are a few of the reasons you should have your idea/product rejected a new company. Really take time to research the offers completely and understand your market, your invest that market and do your part become worse yourself as marketable as we possibly can.