Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I would provide a involving some of your reasons you should have gotten terminated. It does not cover every reason you can get rejected, but hopefully plans and ideas something to think about.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to have a good idea but you'll find that in spite of how good a perception you might think it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that would certainly reject an example that they agree that i see profitable. Here's some common purposes why even marketable ideas are rejected.
1. The business may now have a complete collection of products and not trying to add much more.
2. The product is outside their target market.
3. You sent your submission to the wrong an affiliate the company - don't assume they'll automatically send it to the right one.
4. You sent premise unsolicited without contacting firm first to find out their submission policy, and they usually rejected it solely on that trigger.
5. You did not have proper contact information on your division. (That is one of the greatest mistakes Inventors make. The corporation will not bother to you down.)
6. Contain too many similar products and that information mill flooded a sufficient quantity of.
7. Your idea interests a very little niche market and would like mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with great deal information to sort because of.
10. Your product has been really patented by someone else and don't want to determine if they are around it or risk infringement elements.
11. Your products or idea isn't better than what is definitely on the market. This tells them you did not research your idea well and do not need a clue who competition is in the market.
12. You sent a service or product that is strictly 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 Your idea is outdated or perhaps is on the downswing when what is departing from out the next year.
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 even when the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This takes place a entire lot. Inventors forget that they are not the only ones inventing.)
15. They have already received a similar idea from another Inventor and are currently in negotiations with this Inventor.
16. You need to posted your idea unprotected online in a single of those invention posting sites where others vote on your product to verify that there is interest. Your public disclosure makes company concerned whether any patent protection properly allowed and turns it down derived from that send.
17. You posted your unprotected idea and video of the significant prototype online and have a significant number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, yet if they write a quick look up your patent they make it a point it has lapsed due to non-payment of fees and it has been lapsed significantly beyond the due encounter. Making the chances of it being reinstated unlikely.
19. You've got patent, and it was poorly written and will not cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, which means they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn't take a outside ideas and does not publicize individuals. So you get a rejection letter, inventions ideas but permit you explain they just do not look beyond the company.
22. You sent them your product but they have decided on your line for that year and therefore following year and aren't open to taking on anything else at period.
23. The right amount . consider items with a sales history they can review and your item never been being produced or sold stores or online. In order that they do not want to take the risk getting the first company to offer it.
As I stated above these are just a few for InventHelp Store Products this reasons you can have your idea/product rejected with company. Really take time to plumbing service and understand your market, your place in that market and seek information part to make yourself as marketable as is feasible.