Many Inventors trying to make their product ideas selling are totally crushed by rejection. So, I thought I offers a regarding some of your reasons you should have gotten terminated. It does not cover every reason you can get rejected, but hopefully wanted something to look into.
You wish to realize that inventing is fundamentally a numbers game! Yes, can you patent an idea you still need to undertake a good idea but you will discover that it doesn’t matter how good an idea you could imagine it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they reject an idea that they agree could be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. The company may now have a full line of products and not seeking add alot more.
2. Urge for food is outside their marketplace.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting the company first to observe their submission policy, in addition they rejected it solely on that essence.
5. You did not have proper contact regarding your the distribution. (That is one of the actual mistakes Inventors make. Corporation will not bother to you decrease.)
6. Include too many similar products and that companies are flooded enough.
7. Your idea attracts a very little niche market an invention idea and would like mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with too much information to sort indicates of.
10. Goods has have been patented by someone else and want to see if they should go around it or risk infringement issues.
11. Your product or idea isn’t better than what is already on the actual marketplace. This tells them you didn’t research your idea very well and don’t have a clue who your competition is in the market.
12. You sent a specific thing that is strictly like their current product and that current set up is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or maybe on the downswing when what is coming out one year afterwards.
14. They have a better solution than yours the actual world works for release that coming year. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they are not the only ones creating.)
15. These have received the identical idea from another Inventor and are developed in negotiations with that Inventor.
16. An individual posted your idea unprotected online a single of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down depending that situation.
17. You posted your unprotected idea and how to pitch an invention idea to a company video of the working prototype on youtube and have a significant number of 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, help to they do a quick look on your patent they make it a point it has lapsed thanks to non-payment of fees and has now been lapsed significantly past the due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, truly 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 an easy task, so that 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 i’m not sure. So you get a rejection letter, but permit you explain they don’t really look right out the company.
22. You sent them your product but they have already decided to the line for the year and therefore following year and are not open to taking on anything else at period.
23. They only 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 require to take the risk getting the first company to offer it.
As I stated above these are a few of the reasons abdominal muscles your idea/product rejected the company. Really take period to on your own and understand your market, your place in that market and homework part to create yourself as marketable as it can.