Many Inventors trying to get their new product idea ideas showcase are totally crushed by rejection. So, I thought I gives a involving some of the reasons you should have gotten terminated. It does not cover every reason you could get rejected, but hopefully wanted 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 will find that in spite of how to file a patent good an idea you could imagine it that you may still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they reject an idea that they agree that i see profitable. Below are some common the actual reason why even marketable ideas are rejected.
1. The business may have also a complete collection of services not wanting to add very much more.
2. Makes use of is outside their target market.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting the company first to find their submission policy, to begin with rejected it solely on that source.
5. You didn’t have proper contact about your submission. (That is one of the most effective mistakes Inventors make. An additional will not bother to track you on paper.)
6. They’ve got too many similar providers that companies are flooded a sufficient quantity of.
7. Your idea interests a little niche market and would like mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with a lot information to sort indicates of.
10. Your products has have been patented by someone else and don’t want to ascertain if they should go around it or risk infringement issues.
11. Goods or idea isn’t much better what is on the marketplace. This tells them you did not research your idea okay and won’t have a clue who other sellers is thats available.
12. You sent a service or product that is just like their current product and that current strategy is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing in comparison to what isn’t too far off out a year later.
14. They 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 although the company has already invested in molds, engineering, how to pitch an invention to a company samples, etc prior to the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. These have received a comparable idea from another Inventor and are currently in negotiations with this Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on your product to find out there is interest. Your public disclosure makes company concerned whether any patent protection properly allowed and turns it down in accordance to that situation.
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 look on your patent they noticed that it has lapsed due to non-payment of fees and features been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. There are any patent, but it was poorly written and will not cover the actual product. (This happens a lot)
20. You will have a design patent and designing around your patent is a straightforward task, so that they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize that fact. So you get a rejection letter, but websites explain they just don’t look beyond the company.
22. You sent them your product but they have decided their very own line for that year or go with the following year and are not 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 being produced or sold stores or online. So they do n’t want to take the risk to become the first company to offer it.
As I stated above these are a few belonging to the reasons your event may have your idea/product rejected by a company. Really take time to research the offers completely and understand your market, your invest that market and seek information part to make yourself as marketable as possible.