Many Inventors trying to give their product ideas promote are totally crushed by rejection. So, I thought I would supply a connected with some belonging to the reasons you should have gotten denied. It does not cover every reason you have access to rejected, but hopefully wanted something start thinking about.
You need to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to enjoy a good invention idea but you will find that irrespective of how 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 would certainly reject an idea that they agree that i see profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. This company may surely have a full-line of providers not wanting to add somewhat more.
2. Product or service is outside their marketplace.
3. You sent your submission towards the wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent the idea unsolicited without contacting the company first to check their submission policy, and they rejected it solely on that basis.
5. You didn’t have proper contact about your submission move. (That is one of the most effective mistakes Inventors make. The machines will not bother to track you alongside.)
6. They have too many similar providers that market is flooded adequately.
7. Your idea attracts a minimal niche market and would like mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Goods has happened to be patented by someone else and they don’t want to find out if they goes around it or risk infringement factors.
11. Your product or idea isn’t much better what has already been on the marketplace. This tells them you did not research your idea well and won’t have a clue who your competition is that are available.
12. You sent a specific thing that is exactly like their current product and that current set up is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or is on the downswing when what is coming out one year afterwards.
14. They have a better solution than yours their 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 to the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they aren’t the sole ones inventing.)
15. They have received another similar idea from another Inventor and are working negotiations with that Inventor.
16. Include posted your idea unprotected online a single of those invention idea posting sites where others vote on your products to find out there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the important prototype online and possess a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, whenever they begin a quick look on your patent they discover that it has lapsed due to non-payment of fees and has now been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it was poorly written and doesn’t cover far more product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, to ensure that you they should expect very little protection for sale.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize everyone. So you get a rejection letter, but permit you explain they never look right out the company.
22. You sent them your product but they have already decided on your line for that year or that 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 i patent an idea review and your item never been in production or sold stores or online. To ensure that do not want to consider the risk for being the first company to encourage it.
As I stated above these are a few of the reasons your event may have your idea/product rejected by a company. Really take time to do your research and understand your market, your put into that market and homework part become worse yourself as marketable as is feasible.