Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives you a list of some of your reasons you could have gotten denied. It does not cover every reason you have access to rejected, but hopefully it will give you something to look into.
You really have to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to own a good idea but you’ll find that regardless how good an insurance policy you might 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 would reject an understanding that they agree that i see profitable. Here’s some common the actual reason why even marketable ideas are rejected.
1. A lot more claims may already have a full line of providers not seeking add more.
2. The product is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent viewed as unsolicited without contacting vehicle first recognize their submission policy, to begin with rejected it solely on that agreement.
5. You didn’t have proper contact about your submission move. (That is one of the most mistakes Inventors make. An additional will not bother to monitor you on paper.)
6. They’ve got too many similar providers that sector is flooded plenty of.
7. Your idea draws a very small niche market and would like mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Your product has been really patented by someone else and they just don’t want to see if they can go around it or risk infringement trouble.
11. Your product or idea isn’t much better than what is on market. This tells them you did not research your idea very well and don’t have a clue who competition is in the market.
12. You sent a specific thing that is strictly like their current product and that current product is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or maybe on the downswing compared to what is on its way out the next year.
14. They have a better solution than yours the actual world works for release that coming year. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior Inventhelp Store Products to the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the only ones inventing.)
15. They have already received another similar idea from another Inventor and are in negotiations with that Inventor.
16. You have posted your idea unprotected online in one of those InventHelp Invention News posting sites where others vote on your product to verify that there is interest. Your public disclosure makes company concerned whether any patent protection properly allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the significant prototype online and have a significant regarding 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, however they participate in a quick search on your patent they see that it has lapsed thanks to non-payment of fees and has now been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You’ve a patent, nevertheless was poorly written as well as cover specific product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, which means they should expect very little protection avaiable for purchase.
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 it doesn’t explain they don’t really look right out of the company.
22. You sent them your product but they have already decided to the line for that year or the following year and aren’t open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review your item has never been in production or sold stores or online. To ensure that do not require to go ahead and take risk for being the first company advertising it.
As I stated above these are only a few belonging to the reasons you should have your idea/product rejected a new company. Really take period to do your research and understand your market, your commit that market and study part to make yourself as marketable as we possibly can you patent an idea.