Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I would provide a connected with some of your reasons you could have gotten rejected. It does not cover every reason you have access to rejected, but hopefully wanted something to look into.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you’ll find that no matter how to patent an idea or product good understanding you may believe it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they reject an example that they agree is usually profitable. Here’s some common the actual reason why even marketable ideas are rejected.
1. This company may already have a full-line of providers not wanting to add alot more.
2. Urge for food is outside their marketplace.
3. You sent your submission into 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 corporation first to observe their submission policy, plus they also rejected it solely on that source.
5. You didn’t have proper contact about your submission move. (That is one of the greatest mistakes Inventors make. The machines will not bother to track you down.)
6. Possess too many similar services that sector is flooded plenty of.
7. Your idea appeals to a very little niche market and desire mass market items.
8. Value to manufacture versus the return on investment is too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort because of.
10. Your products has already been patented by someone else and tend not to want to determine if they are around it or risk infringement elements.
11. Goods or idea isn’t much better than what is definitely on the marketplace. This tells them you did not research your idea perfectly well and don’t own a clue who the competitors is that are available.
12. You sent a procedure that is strictly like their current product and that current technique are a marginal seller. So yours will not fare much better.
13. Your idea is outdated or possibly on the downswing when what is coming out one year afterwards.
14. They already have a better solution than yours within 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, how to start an invention idea engineering, samples, etc prior technology to the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they aren’t the sole ones creating.)
15. They have received the identical idea from another Inventor and are working negotiations with this Inventor.
16. A person posted your idea unprotected online in a single of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the concerned whether any patent protection would be allowed and turns it down based on that ailment.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant number of 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, but when they do a quick explore your patent they noticed that it has lapsed due to non-payment of fees and allows been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, nevertheless was poorly written as well as cover the actual product. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, as a result they can get 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 websites explain they just do not look outside the company.
22. You sent them your product but they have already decided on their line for the year and therefore following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and your item never been in production or sold stores or online. So that they really do n’t want to take the risk to become the first company advertising it.
As I stated above these are a few within the reasons you should have your idea/product rejected with company. Really take the time to yourself and understand your market, your put in that market and seek information part to make yourself as marketable as is feasible.