Many Inventors trying to give their product ideas to push are totally crushed by rejection. So, I thought I offers a regarding some for the reasons you could obtain gotten terminated. It does not cover every reason you have access to rejected, but hopefully plans and ideas something start thinking about.
You wish to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to have a good idea but you will discover that regardless How to get a patent on an idea good an inspiration you may believe it is you can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an understanding that they agree would be profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. This company may already have a full line of products and not wanting to add very much more.
2. Urge for food is outside their target market.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent viewed as unsolicited without contacting firm first to find out their submission policy, to begin with rejected it solely on that trigger.
5. You didn’t have proper contact about your submission. (That is one of the actual mistakes Inventors make. The machines will not bother to monitor you up.)
6. They have too many similar providers that marketplace is flooded plenty of.
7. Your idea appeals to a minimal niche market and would like mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Your product has recently been patented by someone else and they just don’t want to ascertain if they are around it or risk infringement factors.
11. Your product or idea isn’t better than what is definitely on the actual marketplace. This tells them you didn’t research your idea very nicely and do not need a clue who competition is in the industry.
12. You sent a product that is just like their current product and that current strategy is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or maybe on the downswing in order to what is on its way out the year after.
14. They already have a better solution than yours in the works for release that coming annualy. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they aren’t the sole ones creating.)
15. These have received the identical idea from another Inventor and are in negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your products to verify that there is interest. Your public disclosure makes an additional concerned whether any patent protection properly allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the important prototype online and have a significant connected with hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, help to they perform quick search on your patent they discover that it has lapsed thanks to non-payment of fees and has now been lapsed significantly past the due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent a product, and it was poorly written and also cover a lot more product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, meaning that they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize everyone. So you get a rejection letter, but it doesn’t explain they don’t really look away from company.
22. You sent them your product but these have decided on your line for that year or the following year and aren’t open to taking on anything else at period.
23. They only consider items with a sales history they can review and then your item has never been in production or sold stores or online. So that they really do not need to go ahead and take risk to become the first company selling it.
As I stated above these are a few belonging to the reasons you can have your idea/product rejected by a company. Really take time to do your research and understand your market, your put in that market and homework part things yourself as marketable as we possibly can.