Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I would provide a connected with some of the reasons you should have gotten cast off. It does not cover every reason you have access to rejected, but hopefully wanted something to think about.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you'll find that regardless how good a perception you could imagine it is that you could still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that would likely reject an understanding that they agree this would definately be profitable. Here are a couple common purposes why even marketable ideas are rejected.
1. A lot more claims may surely have a complete collection of providers not looking to add much more.
2. Make use of this is outside their marketplace.
3. You sent your submission into the wrong an affiliate 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 find their submission policy, in addition they rejected it solely on that source.
5. You did not have proper contact about your division. (That is one of the greatest mistakes Inventors make. An additional will not bother to track you up.)
6. Include too many similar products and that market is flooded enough.
7. Your idea draws a small niche market an invention idea and besides mass market items.
8. The price to manufacture versus the return on investment is too high.
9. Your sales sheet don't WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Goods has happened to be patented by someone else and they don't want to determine if they might go around it or risk infringement trouble.
11. Goods or idea isn't much better than what is already on the marketplace. This tells them you didn't research your idea very nicely and won't have a clue who competitors is looking.
12. You sent a procedure that is strictly like their current product and that current product is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing whenever compared with what will be coming out one year afterwards.
14. They already have a better solution than yours involving works for release that coming year. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. This takes place a significant. Inventors forget that they aren't the sole ones creating.)
15. These have received a similar idea from another Inventor and are in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a of those invention ideas posting sites where others vote on your products to check if there is interest. Your public disclosure makes an additional concerned whether any patent protection may allowed and turns it down in accordance to that situation.
17. You posted your unprotected idea and video of the significant prototype on youtube and possess a significant connected with hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, yet if they write a quick explore your patent they identify that it has lapsed due to non-payment of fees and it's been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You've a patent, can be challenging was poorly written and also cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, as a result they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn't look at outside ideas and does not publicize that fact. So you get a rejection letter, but permit you explain they never look outside the company.
22. You sent them your product but they have already decided on your line for the year or the following year and aren't open to taking on anything else at that time.
23. Really don't consider items with a sales history they can review together item never been being produced or sold stores or online. So do not want to go ahead and take risk for being the first company selling it.
As I stated above these are just a few of the reasons abdominal muscles your idea/product rejected a new company. Really take period to yourself and understand InventHelp Office Locations your market, your put into that market and do your part to make yourself as marketable as we possibly can.