Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I gives you a report on some of this reasons you could obtain gotten denied. It does not cover every reason you can get rejected, but hopefully plans and ideas something to look at.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you’ll find that no matter how to obtain a patent good an insurance policy you might think it that you may still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that they would reject a strategy that they agree this would definately be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. They may have also a full line of services not trying to add much more.
2. The product is outside their marketplace.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it on the right one.
4. You sent are interested to produce unsolicited without contacting the company first to observe their submission policy, in addition they rejected it solely on that source.
5. You didn’t have proper contact information on your submission move. (That is one of the greatest mistakes Inventors make. The company will not bother to track you decrease.)
6. Include too many similar services that marketplace is flooded a sufficient quantity of.
7. Your idea draws a small niche market and they want mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your product has have been patented by someone else and want to ascertain if they are around it or risk infringement problems.
11. Goods or idea isn’t better than what is already on the. This tells them you didn’t research your idea very well and don’t own a clue who competitors is looking.
12. You sent a specific thing that is exactly like their current product and that current product is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or possibly on the downswing compared to what is departing from out one year afterwards.
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 into the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they are not the only ones creating.)
15. They have received the identical idea from another Inventor and are in negotiations with that Inventor.
16. You have posted your idea unprotected online in a single of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the running prototype online and have a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, whenever they begin a quick explore your patent they make it a point it has lapsed resulting from non-payment of fees and has now been lapsed significantly beyond the due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and does not cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, as a result they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize everyone. So you get a rejection letter, tech but websites explain they just don’t look away from company.
22. You sent them your product but they have decided their very own line for the year or the following year and are not open to taking on anything else at period.
23. The right amount . consider items with a sales history they can InventHelp review your item never been being produced or sold stores or online. In order that they do not need to consider the risk to become the first company to offer it.
As I stated above these are simply a few with the reasons you should have your idea/product rejected along with a company. Really take the time to on your own and understand your market, your put into that market and study part to create yourself as marketable maybe can.