Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I offers a regarding some belonging to the reasons you can get gotten cast off. It does not cover every reason you could get rejected, but hopefully as well as your something to look into.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will discover that in spite of how good an idea you might think it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they will reject an image that they agree that i see profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. A lot more claims may have also a full-line of providers not seeking add much more.
2. The product is outside their target market.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent one does this program unsolicited without contacting group first to check their submission policy, in addition they rejected it solely on that agreement.
5. You didn’t have proper contact regarding your submission. (That is one of the most mistakes Inventors make. The machines will not bother to monitor you alongside.)
6. Contain too many similar products and that information mill flooded plenty of.
7. Your idea interests a little niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Profits sheet did not WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your inventhelp store products has happened to be patented by someone else and they don’t want to see if they can go around it or risk infringement elements.
11. Goods or idea isn’t better than what is already on the. This tells them you did not research your idea well and do not need a clue who the competitors is in the industry.
12. You sent a service or product that is exactly 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 Your idea is outdated or is on the downswing compared to what is coming out the following year.
14. They have a better solution than yours their works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, InventHelp Inventor Service samples, etc prior into the Inventor contacting the company about their idea. This happens a masse. Inventors forget that they aren’t the sole ones creating.)
15. They have received another similar idea from another Inventor and are currently in negotiations with that Inventor.
16. Include posted your idea unprotected online a single 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 in accordance to that issue.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant quantity of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, InventHelp George Foreman yet if they do a quick search on your patent they noticed that it has lapsed thanks to non-payment of fees and allows been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, truly was poorly written and also cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, as a result they can expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize everyone. So you get a rejection letter, but it doesn’t explain they just don’t look away from company.
22. You sent them your product but they have already decided to the line for that year or that the following year and aren’t open to taking on anything else at period.
23. Simply consider items with a sales history they can review together item by no means been being produced or sold stores or online. So do n’t want to take the risk getting the first company advertising it.
As I stated above these are simply a few within the reasons abdominal muscles your idea/product rejected the company. Really take time to do your research and understand your market, your commit that market and study part things yourself as marketable as we possibly can.