Many Inventors trying to generate their product ideas promote are totally crushed by rejection. So, I thought I would provide a regarding some of the reasons you really can have gotten rejected. It does not cover every reason you could get rejected, but hopefully plans and ideas something to think about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will discover that regardless how good an inspiration you might think it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would likely reject an idea that they agree would be profitable. Here are some common purposes why even marketable ideas are rejected.
1. The company may already have a full line of providers not wanting to add very much more.
2. The product is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent viewed as unsolicited without contacting corporation first to check their submission policy, in addition they rejected it solely on that basis.
5. You didn’t have proper contact about your division. (That is one of the actual mistakes Inventors make. An additional will not bother to you on paper.)
6. Contain too many similar services that companies are flooded plenty of.
7. Your idea draws a minimal niche market and besides mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort because of.
10. Your product has already been patented by someone else and don’t want to ascertain if they can go around it or risk infringement problems.
11. Your products or idea isn’t much better what is definitely on the marketplace. This tells them you did not research your idea okay and don’t have a clue who competition is looking.
12. You sent a procedure that is strictly like their current InventHelp Product Development and that current device is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps on the downswing when what will be coming out the year after.
14. They have a better solution than yours within works for release that coming . (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have received the identical idea from another Inventor and are in negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down in accordance to that situation.
17. You posted your unprotected idea and video of the working prototype online and have a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, whenever they begin a quick look up your patent they discover that it has lapsed due to non-payment of fees and has now been lapsed significantly past the due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, and it was poorly written and will not cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, which means they can expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize that fact. So you get a rejection letter, but won’t matter explain they don’t really look outside the company.
22. You sent them your product but these have decided about their line for that year or that the following year and aren’t open to taking on anything else at that time.
23. Simply consider items with a sales history they can review and your item has never been in production or InventHelp Caveman sold stores or online. So they do not want to consider the risk to become the first company to market it.
As I stated above these are only a few with the reasons you should have your idea/product rejected by a company. Really take period to yourself and understand your market, your put in that market and plenty of research part things yourself as marketable as we possibly can.