Many Inventors trying to give their product ideas promote are totally crushed by rejection. So, I thought I offers a regarding some of this reasons you could obtain gotten denied. It does not cover every reason you can get rejected, but hopefully as well as your something to look at.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you’ll find that it doesn’t matter how to patent a product good an idea you might imagine it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an example that they agree that i see profitable. Below are some common purposes why even marketable ideas are rejected.
1. This company may surely have a full line of providers not trying to add much more.
2. Product or service is outside their target market.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting firm first to observe their submission policy, plus they also rejected it solely on that trigger.
5. You didn’t have proper contact regarding your submission. (That is one of the actual mistakes Inventors make. The corporation will not bother to you on paper.)
6. They’ve got too many similar services that market is flooded enough.
7. Your idea attracts a minimal niche market and they want mass market items.
8. Costly to manufacture versus the return on investment as well high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your product has recently been patented by someone else and don’t want to determine if they can go around it or risk infringement trouble.
11. Goods or idea isn’t much better what has already been on the marketplace. This tells them you didn’t research your idea well and do not need a clue who competition is looking.
12. You sent a product that is strictly like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or maybe on the downswing when what will be coming out a year later.
14. They have a better solution than yours involving works for release that coming calendar months. (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 your Inventor contacting the company about their idea. This happens a lot. Inventors forget that they are not the only ones inventing.)
15. These have received a similar idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those InventHelp Invention News posting sites where others vote on your products to see if there is interest. Your public disclosure makes the actual concerned whether any patent protection would be allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the running 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, however they begin a quick search on your patent they discover that it has lapsed thanks to non-payment of fees and features been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written and does not cover a lot more 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 avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize i’m not sure. So you get a rejection letter, but which are explain they don’t really look right out the company.
22. You sent them your product but they have already decided on their line for the year or InventHelp Corporate Headquarters the following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review nicely item never been being produced or sold stores or online. To ensure that do n’t want to go ahead and take risk becoming the first company to offer it.
As I stated above these are simply a few with the reasons your event may have your idea/product rejected along with a company. Really take time to yourself and understand your market, your put in that market and study part to make yourself as marketable as possible.