Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I gives a involving some of this reasons you could obtain gotten terminated. It does not cover every reason you have access to rejected, but hopefully it will give you something to think about.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you’ll find that irrespective of how to patent an idea or product good an idea you could imagine it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would certainly reject an image that they agree that i see profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. The company may have also a full-line of products and not desperate to add much more.
2. Urge for food is outside their marketplace.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent the idea unsolicited without contacting the company first to check their submission policy, and they usually rejected it solely on that basis.
5. You didn’t have proper contact information on your entry. (That is one of the highest mistakes Inventors make. An additional will not bother to track you up.)
6. They have too many similar services that sector is flooded plenty of.
7. Your idea appeals to a minimal niche market and desire mass market items.
8. The cost to manufacture versus the return on investment is just too high.
9. Income sheet don’t WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Your product has already been patented by someone else and don’t want to determine if they should go around it or risk infringement issues.
11. Your products or idea isn’t compared to what has already been on the marketplace. This tells them you did not research your idea well and don’t own a clue who other sellers is in the market.
12. You sent a product that is exactly like their current product and that current device is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or possibly on the downswing in order to what is on its way out the next year.
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 on the Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the sole ones creating.)
15. They have already received the identical idea from another Inventor and are in negotiations with this Inventor.
16. You need to posted your idea unprotected online a single of those invention patent posting sites where others vote on your products to find out there is interest. Your public disclosure makes the concerned whether any patent protection properly allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the functional 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 perform quick look on your patent they make it a point it has lapsed resulting from non-payment of fees and allows been lapsed significantly after due the present day. Making the chances of it being reinstated unlikely.
19. You’ve got patent, can i patent an idea be challenging was poorly written as well as cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, meaning that they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize individuals. So you get a rejection letter, but it doesn’t explain they never look outside the company.
22. You sent them your product but these have decided to the line for the year or that the following year and aren’t open to taking on anything else at that time.
23. Simply consider items with a sales history they can review nicely item has never been being produced or sold stores or online. So they do n’t want to go ahead and take risk getting the first company to offer it.
As I stated above these are just a few of the reasons your event may have your idea/product rejected a new company. Really take time to do your research and understand your market, your put into that market and study part become worse yourself as marketable maybe can.