Inventors, Here Are Reasons Why Your Invention Got Terminated
Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I offers a list of some of your reasons you could have gotten discarded. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to look at.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you will discover that irrespective of how good an insurance policy you may believe it that you may still get rejected. Many marketable invention ideas are rejected all the time. Even if it does not make sense to you that they would reject an example that they agree this would definately be profitable. Here are a couple common reasons why even marketable ideas are rejected.
1. This company may have also a complete collection of providers not wanting to add more.
2. Makes use of is outside their target market.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting vehicle first to check their submission policy, to begin with rejected it solely on that essence.
5. You did not have proper contact about your the distribution. (That is one of the most mistakes Inventors make. The corporation will not bother for you to trace you down.)
6. Possess too many similar services that marketplace is flooded plenty of.
7. Your idea appeals to a small niche market and desire mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort indicates of.
10. Your products has been really patented by someone else and want to ascertain if they goes around it or risk infringement issues.
11. Your products or idea isn’t compared to what is on the. This tells them you didn’t research your idea okay and do not need a clue who other sellers is looking.
12. You sent a specific thing that is just like their current product and that current technique are a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or maybe on the downswing compared to what is coming out one year afterwards.
14. They have a better solution than yours involving works for release that coming annualy. (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. Transpires a masse. Inventors forget that they are not the only ones creating.)
15. These have received a comparable idea from another Inventor and are typically negotiations with that Inventor.
16. You have posted your idea unprotected online in one of those invention patent posting sites where others vote on your products to find out there is interest. Your public disclosure makes an additional concerned whether any patent protection would be allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the important prototype online and have a significant number of hits. It can raises the concern whether any patent an idea would be possible due to your public disclosure.
18. You stated that you own an issued patent, whenever they do a quick look on your patent they identify 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. There are any patent, but it was poorly written and doesn’t cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, which means they can get very little protection that can be found.
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 won’t matter explain they cannot look right out the company.
22. You sent them your product but they have already decided to the line for the year or the following year and are not open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review and your item by no means been being produced or sold stores or online. So that they really do not require to take the risk becoming the first company to market it.
As I stated above these are simply a few of the reasons your event may have your idea/product rejected along with a company. Really take the time to research the offers completely and understand your market, your put into that market and do your part to create yourself as marketable maybe can.