InventHelp Stories, http://www.becomegorgeous.com/blogs/kellywilson/excellent-results-of-product-invention-P79099. Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I gives you a regarding some belonging to the reasons you could have gotten terminated. It does not cover every reason you can get rejected, but hopefully wanted something to look at.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will discover that regardless how good an insurance policy you may believe it is that you may still get rejected. Many marketable ideas inventions are rejected all time. Even if it does not make sense to you that they would reject an understanding that they agree this would definately be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. A lot more claims may now have a complete collection of providers not trying to add somewhat more.
2. Make use of this is outside their target market.
3. You sent your submission for the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent one does this program unsolicited without contacting group first to find their submission policy, plus they also rejected it solely on that basis.
5. You didn’t have proper contact information on your entry. (That is one of the most mistakes Inventors make. The company will not bother to track you alongside.)
6. Include too many similar services that market is flooded enough.
7. Your idea attracts a little niche market and they want mass market items.
8. The price to manufacture versus the return on investment is simply high.
9. Profits sheet did not WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Your products has already been patented by someone else and want to find out if they are around it or risk infringement problems.
11. Your product or idea isn’t better than what is definitely on the market. This tells them you did not research your idea well and don’t own a clue who competitors is that are available.
12. You sent a product that is precisely like their current product and that current set up is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing in order to what is coming out the following year.
14. They already have a better solution than yours the actual world works for release that coming annualy. (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Transpires a wonderful deal. Inventors forget that they are not the only ones inventing.)
15. They have received another similar idea from another Inventor and are developed in negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the concerned whether any patent protection will be allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the running prototype online and possess 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, help to they do a quick look on your patent they discover that it has lapsed due to non-payment of fees and it’s been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. You have a patent, nevertheless was poorly written and doesn’t cover the actual product. (This happens a lot)
20. There is design patent and designing around your patent is a simple task, so that they should expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize everyone. So you get a rejection letter, but which are 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. The right amount . consider items with a sales history they can review nicely item has never been being produced or sold stores or online. So they do not need to go ahead and take risk for being the first company to encourage it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected by a company. Really take time to yourself and understand your market, your invest that market and homework part become worse yourself as marketable as it can.