Many Inventors trying to generate their product ideas to push are totally crushed by rejection. So, I thought I gives a list of some belonging to the reasons you should have gotten terminated. It does not cover every reason you could get rejected, but hopefully wanted something start thinking about.
You truly realize that inventing is fundamentally a numbers on-line! Yes, you still need to own a good idea but you’ll find that no matter how good an insurance policy you may think it is that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they reject an idea that they agree is usually profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. They may now have a complete collection of products and not seeking add more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting group first to find their submission policy, in addition they rejected it solely on that basis.
5. You did not have proper contact regarding your submission. (That is one of the most mistakes Inventors make. Corporation will not bother for you to trace you down.)
6. They have too many similar products and that companies are flooded a sufficient quantity of.
7. Your idea appeals to a little niche market and besides mass market items.
8. Price of 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 a lot information to sort through.
10. Your products has already been patented by someone else and don’t want to find out if they can go around it or risk infringement trouble.
11. Your products or idea isn’t much better than what is definitely on the. This tells them you didn’t research your idea very nicely and won’t have a clue who other sellers is thats available.
12. You sent a product that is strictly like their current product and that current strategy is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or is on the downswing whenever compared with what is on its way out the next year.
14. They already have a better solution than yours their works for release that coming calendar months. (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 into the Inventor contacting the company about their idea. Transpires a entire lot. Inventors forget that they aren’t ones creating.)
15. These have received to correct idea from another Inventor and are currently in negotiations with that Inventor.
16. A person posted your idea unprotected online in a single of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection may allowed and turns it down derived from that give.
17. You posted your unprotected idea and video of the working prototype online and have a significant quantity of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued Patent Invention, yet if they begin a quick browse your patent they discover that it has lapsed thanks to non-payment of fees and it’s been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written as well as cover the actual product. (This happens a lot)
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize individuals. So you get a rejection letter, but websites explain they don’t really look away from company.
22. You sent them your product but these have decided their very own line for that year or that the following year and aren’t open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review your item by no means been being produced or sold stores or online. So that they really do not need to go ahead and take risk becoming the first company to market it.
As I stated above these are just a few with the reasons you should have your idea/product rejected by a company. Really take time to research the offers completely and understand your market, your commit that market and do your part different yourself as marketable as possible.