Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I would supply a list of some of this reasons you could obtain gotten rejected. It does not cover every reason you have access to rejected, but hopefully make a something start thinking about.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to have a good idea but you will discover that in spite of how good a perception you could imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they would reject an example that they agree would be profitable. Here are some common explanations why even marketable ideas are rejected.
1. They may now have a full line of providers not trying to add alot more.
2. The product is outside their target market.
3. You sent your submission to the wrong person in the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting firm first to find out their submission policy, plus they also rejected it solely on that source.
5. You did not have proper contact about your submission. (That is one of the most mistakes Inventors make. The company will not bother to you decrease.)
6. Include too many similar products and that information mill flooded enough.
7. Your idea attracts a very small niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Your sales sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort by simply.
10. Your product has recently been patented by someone else and don’t want to determine if they goes around it or risk infringement elements.
11. Goods or idea isn’t much better what has already been on the marketplace. This tells them you did not research your idea okay and do not need a clue who your competition is looking.
12. You sent a service or product that is strictly like their current product and that current technique are a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or is on the downswing in comparison to what will be coming out the next year.
14. They already 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 although the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This happens a entire lot. Inventors forget that they are not the sole ones inventing.)
15. These have received another similar idea from another Inventor and are currently in negotiations with that Inventor.
16. An individual posted your idea unprotected online in a of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes the concerned whether any patent protection properly allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the working prototype on youtube and have 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 own an issued patent, inventions yet if they write a quick look on 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. There are any patent, but it was poorly written and will not cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, which means they can get very little protection that can be found.
21. Sometimes the company you have approached just doesn’t look at outside ideas and does not publicize i don’t know. So you get a rejection letter, but it doesn’t explain they just don’t look right out of the company.
22. You sent them your product but they have already decided their very own line for the year or go with the following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review your item never been in production or sold stores or online. So that they really do n’t want to take the risk to become the first company advertising it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected a new product ideas company. Really take time to do your research and understand your market, your place in that market and plenty of research part become worse yourself as marketable maybe can.