Many Inventors trying to bring their product ideas promote are totally crushed by rejection. So, I thought I offers a list of some of this reasons you could have gotten cast off. It does not cover every reason you can get rejected, but hopefully plans and ideas something to.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you will find that regardless how to patent your idea good an insurance policy you could imagine it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an example that they agree this would definately be profitable. Here are some common the actual reason why even marketable ideas are rejected.
1. A lot more claims may have also a full-line of services not desperate to add somewhat more.
2. The product is outside their marketplace.
3. You sent your submission into the wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting vehicle first to find out their submission policy, and they rejected it solely on that trigger.
5. You didn’t have proper contact about your submission. (That is one of the highest mistakes inventors help make. The corporation will not bother to monitor you alongside.)
6. They have too many similar services that market is flooded adequately.
7. Your idea draws a small niche market and they want mass market items.
8. The cost 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 lot information to sort indicates of.
10. Your products has recently been patented by someone else and want to see if they are around it or risk infringement issues.
11. Your products or idea isn’t much better what is on the. This tells them you didn’t research your idea very nicely and don’t need a clue who your competition is in the market.
12. You sent a product that is exactly like their current product and that current strategy is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or is on the downswing compared to what isn’t too far off out the next year.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 whether or not the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Transpires a entire lot. Inventors forget that they are not the only ones creating.)
15. They have received another similar idea from another Inventor and are working negotiations with this Inventor.
16. You have posted your idea unprotected online a single of those new invention idea posting sites where others vote on goods to see if there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down derived from that give.
17. You posted your unprotected idea and video of the important prototype online and possess a significant involving hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, but when they write a quick explore your patent they make it a point it has lapsed by way of non-payment of fees and it’s been lapsed significantly following due date. Making the chances of it being reinstated unlikely.
19. There are any patent, can be challenging was poorly written and will not cover specific product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, meaning that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t take a outside ideas and does not publicize that fact. So you get a rejection letter, but permit you explain they cannot look beyond the company.
22. You sent them your product but they have already decided on your line for the year or that the following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and your item by no means been being produced or sold stores or online. So they do n’t need to go ahead and take risk getting the first company advertising it.
As I stated above these are only a few with the reasons your event may have your idea/product rejected by a company. Really take period to research the offers completely and understand your market, your place in that market and homework part to create yourself as marketable as we possibly can.