Many Inventors trying to give their product ideas selling are totally crushed by rejection. So, I thought I gives you a list of some of the reasons you can get gotten terminated. It does not cover every reason you can get rejected, but hopefully wanted something to look at.
You truly realize that inventing is fundamentally a numbers on the net game! Yes, you still need to own a good idea but you’ll find that it doesn’t matter how good an inspiration you may believe it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject an image that they agree could be profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. This company may presently have a full-line of services not looking to add very much more.
2. The product is outside their marketplace.
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 the idea unsolicited without contacting firm first to find their submission policy, and they rejected it solely on that basis.
5. You did not have proper contact regarding your division. (That is one of the most effective mistakes Inventors make. Corporation will not bother to monitor you decrease.)
6. They have too many similar services that sector is flooded enough.
7. Your idea draws 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. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with too much information to sort by simply.
10. Your product has happened to be patented by someone else and tend not to want to find out if they can go around it or risk infringement elements.
11. Your products or idea isn’t better than what is definitely on the. This tells them you didn’t research your idea okay and won’t have 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 won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing in comparison to what is coming out one year afterwards.
14. They already have a better solution than yours within works for InventHelp Inventor Service release that coming year. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones inventing.)
15. They have already received the identical idea from another Inventor and are developed in negotiations with this Inventor.
16. A person posted your idea unprotected online inside a of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down in accordance to that give.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant connected with hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, but when they write a quick search on your patent they make it a point it has lapsed due to non-payment of fees and it has been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written as well as cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, to ensure that you they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t with outside ideas and InventHelp News does not publicize that fact. So you get a rejection letter, but won’t matter explain they don’t really look beyond the company.
22. You sent them your product but they have decided about their line for the year and therefore following year and are not open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review together item by no means been being produced or sold stores or online. So they do n’t need to consider the risk to become the first company to encourage it.
As I stated above these are simply a few for this reasons you should have your idea/product rejected a new company. Really take period to do your research and understand your market, your invest that market and study part things yourself as marketable as it can.