Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I gives you a list of some of this reasons you can get gotten discarded. It does not cover every reason you can get rejected, but hopefully as well as your something to think about.
You need to realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you’ll find that it doesn’t matter how good an insurance policy you might imagine it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they would reject an understanding that they agree could be profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. The business may presently have a full line of providers not desperate to add very much more.
2. Make use of this is outside their marketplace.
3. You sent your submission towards 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 recognize their submission policy, inventhelp products and 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. The corporation will not bother to track you down.)
6. They’ve got too many similar services that information mill flooded adequately.
7. Your idea draws a very little niche market and desire mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Profits sheet in order to WOW them and lacked consumer benefits information or was overloaded with too much information to sort indicates of.
10. Your products has happened to be patented by someone else and they don’t want to determine if they are around it or risk infringement trouble.
11. Your product or idea isn’t much better what is on the actual marketplace. This tells them you didn’t research your idea very well and won’t have a clue who competition is looking.
12. You sent a specific thing that is precisely like their current product and that current set up is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or possibly on the downswing when what will be coming out the year after.
14. They already have a better solution than yours in the works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the InventHelp Company Headquarters has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This happens a lot. Inventors forget that they are not the only ones inventing.)
15. They have already received a similar idea from another Inventor and are in negotiations with this Inventor.
16. You have posted your idea unprotected online inside a of those invention posting sites where others vote on your product to see if there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down derived from that issue.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, but when they write a quick look on your patent they make it a point it has lapsed thanks to non-payment of fees and allows been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and doesn’t cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, which means they should expect very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize that fact. So you get a rejection letter, but which are explain they just don’t look beyond the company.
22. You sent them your product but they have decided on their line for that year together with following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review together item has never been in production or sold stores or online. In order that they do n’t need to take the risk of being the first company to offer it.
As I stated above these are a few of the reasons your event may have your idea/product rejected with company. Really take the time to yourself and understand your market, your place in that market and seek information part to make yourself as marketable as possible.