Inventors, Here Are Reasons Why Your Invention Got Terminated
Many Inventors trying to get their new product idea ideas to market are totally crushed by rejection. So, I thought I would supply a connected with some belonging to the reasons you could obtain gotten cast off. It does not cover every reason you could get rejected, but hopefully wanted something start thinking about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you will find that it doesn’t matter how good an inspiration you might think it is that you could still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would certainly reject an example that they agree that i see profitable. Here are some common the logic behind why even marketable ideas are rejected.
1. They may now have a full line of providers not looking to add very much more.
2. Makes use of is outside their marketplace.
3. You sent your submission towards wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting group first to check their submission policy, and they rejected it solely on that essence.
5. You didn’t have proper contact about your the distribution. (That is one of the actual mistakes Inventors make. The corporation will not bother to you down.)
6. Possess too many similar services that marketplace is flooded enough.
7. Your idea interests a minimal niche market and would like mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or patent invention was overloaded with too much information to sort with the aid of.
10. Your products has recently been patented by someone else and they just don’t want to find out if they can go around it or risk infringement issues.
11. Your product or idea isn’t compared to what is already on the marketplace. This tells them you didn’t research your idea very nicely and don’t own a clue who your competition is in the industry.
12. You sent a service or product that is precisely 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 Your idea is outdated or maybe on the downswing compared to what is departing from out the year after.
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 if the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This happens a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have received a similar idea from another Inventor and are currently in negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the working prototype online and possess a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, whenever they do a quick look up your patent they discover that it has lapsed by way of 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, truly was poorly written and will not cover specific product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, meaning that they should expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i’m not sure. So you get a rejection letter, but which are explain they just don’t look away from company.
22. You sent them your product but they have already decided on their line for inventhelp caveman that year or go with the following year and are not open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review and then your item never been being produced or sold stores or online. To ensure that do not want to go ahead and take risk for being the first company to market it.
As I stated above these are just a few within the reasons you can have your idea/product rejected with company. Really take time to yourself and understand your market, your commit that market and homework part to create yourself as marketable as we possibly can.
