Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I gives you a report on some of this reasons you should have gotten discarded. It does not cover every reason you can get rejected, but hopefully wanted something to.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you will discover that no matter how good understanding you may believe it is you can still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they reject an image that they agree is usually profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. The company may now have a full-line of products and not looking to add alot more.
2. Urge for food is outside their target market.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it off to the right one.
4. You sent premise unsolicited without contacting firm first to check their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact information on your submission. (That is one of the most effective mistakes Inventors make. Corporation will not bother to be able to you on paper.)
6. They’ve got too many similar products and that marketplace is flooded adequately.
7. Your idea attracts a little niche market and desire mass market items.
8. The cost to manufacture versus the return on investment as well high.
9. Income sheet didnrrrt WOW them and InventHelp New Store Products lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your products has have been patented by someone else and want to find out if they are around it or risk infringement issues.
11. Your products or idea isn’t better than what is definitely on the market. This tells them you didn’t research your idea perfectly well and don’t own a clue who your competition is that are available.
12. You sent a specific thing that is precisely like their current product and that current device is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or maybe on the downswing whenever compared with what will be coming out a year later.
14. They have a better solution than yours the actual world works for release that coming . (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Takes place a lot. Inventors forget that they are not the sole ones creating.)
15. These have received a similar idea from another Inventor and are developed in negotiations with that Inventor.
16. A person posted your idea unprotected online a single of those invention posting sites where others vote on your InventHelp Store Products to verify that there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down derived from that issue.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant number of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, whenever they write a quick look on your patent they identify that it has lapsed due to non-payment of fees and it’s been lapsed significantly over the due encounter. Making the chances of it being reinstated unlikely.
19. You’ve a patent, inventhelp office locations truly was poorly written and will not cover specific product. (This happens a lot)
20. There is design patent and designing around your patent is a straightforward task, as a result they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but won’t matter explain they cannot look beyond the company.
22. You sent them your product but they have already decided on your line for the year or go with the following year and aren’t open to taking on anything else at that time.
23. The right amount . 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 want to take the risk for being the first company to encourage it.
As I stated above these are only a few of the reasons you can have your idea/product rejected a new company. Really take period to yourself and understand your market, your invest that market and seek information part to make yourself as marketable as we possibly can.