Many Inventors trying to get their product ideas selling are totally crushed by rejection. So, I thought I would provide a connected with some of the reasons you could obtain gotten denied. It does not cover every reason you have access to rejected, but hopefully make a something to think about.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to undertake a good idea but you will discover that it doesn’t matter how to get a patent for an idea good a perception you could imagine it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject an image that they agree could be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. This company may already have a full line of products and not desperate to add somewhat more.
2. Make use of this is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it to the correct one.
4. You sent are interested to produce unsolicited without contacting vehicle first to observe their submission policy, in addition they rejected it solely on that source.
5. You didn’t have proper contact about your submission. (That is one of the greatest mistakes Inventors make. The machines will not bother to you up.)
6. They have too many similar services that marketplace is flooded enough.
7. Your idea draws a small niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Goods has happened to be patented by someone else and they don’t want to determine if they are around it or risk infringement problems.
11. Goods or idea isn’t compared to what is definitely on the actual marketplace. This tells them you did not research your idea okay and don’t own a clue who the competitors is in the industry.
12. You sent a service or product that is strictly like their current product and that current strategy is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing when what is on its way out the following year.
14. They have a better solution than yours the actual world works for release that coming . (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, InventHelp New Products samples, etc prior on the Inventor contacting the company about their idea. This happens a significant. Inventors forget that they are not the only ones inventing.)
15. They have received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. Include posted your idea unprotected online in a single of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the company concerned whether any patent protection properly allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the important prototype on youtube and possess a significant connected with hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated which you’ve got an issued patent, help to they participate in a quick browse your patent they make it a point it has lapsed by way of non-payment of fees and allows been lapsed significantly past the due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and does not cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, so that they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize i’m not sure. So you get a rejection letter, but websites explain they cannot look right out of the company.
22. You sent them your product but these have decided about their line for that year or the following year and aren’t open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review your item has never been in production or sold stores or online. So that they really do n’t need to go ahead and take risk becoming the first company to encourage it.
As I stated above these are a few within the reasons your event may have your idea/product rejected a InventHelp New Store Products company. Really take the time to do your research and understand your market, your invest that market and study part different yourself as marketable maybe can.