Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I gives you a report on some for the reasons you should have gotten cast off. It does not cover every reason you can get rejected, but hopefully make a something to look at.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you will discover that no matter how good a perception you may believe it is you can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would likely reject an example that they agree could be profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. The company may surely have a complete collection of services not seeking add alot more.
2. Make use of this is outside their target market.
3. You sent your submission for the wrong person in the InventHelp Company Headquarters – don’t assume they’ll automatically send it to the correct one.
4. You sent premise unsolicited without contacting the company first to check their submission policy, and they usually rejected it solely on that trigger.
5. You didn’t have proper contact about your division. (That is one of the most mistakes Inventors make. The machines will not bother to track you down.)
6. Include too many similar providers that companies are flooded adequately.
7. Your idea draws a very little niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is simply high.
9. Profits sheet never did WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort indicates of.
10. Your product has have been patented by someone else and don’t want to ascertain if they might go around it or risk infringement issues.
11. Goods or idea isn’t much better than what is already on the marketplace. This tells them you didn’t research your idea perfectly well and don’t need a clue who your competition is thats available.
12. You sent a procedure that is strictly like their current product and that current technique are a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing when what will be coming out the next year.
14. They already have a better solution than yours their works for release that coming . (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Transpires a masse. Inventors forget that they are not the only ones inventing.)
15. They have already received the identical idea from another Inventor and are currently in negotiations with this Inventor.
16. You have posted your idea unprotected online a single of those invention posting sites where others vote on your product to see whether there is interest. Your public disclosure makes the concerned whether any patent protection may allowed and turns it down in keeping with that issue.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant connected with hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you have an issued patent, but when they write a quick search on your patent they noticed that it has lapsed due to non-payment of fees and has now been lapsed significantly over the due the present day. Making the chances of it being reinstated unlikely.
19. There’s a patent, can be challenging was poorly written and will not cover far more product Idea. (This happens a lot)
20. You then have a design patent and designing around your patent is a simple task, as a result they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize everyone. So you get a rejection letter, but permit you explain they never look right out of the company.
22. You sent them your product but these have decided their very own line for the year together with 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 nicely item has never been in production or sold stores or online. So that they really do not need to consider the risk for being the first company to encourage it.
As I stated above these are simply a few within the reasons within the glass . your idea/product rejected a new company. Really take the time to do your research and InventHelp Stories understand your market, your put into that market and seek information part different yourself as marketable as it can.