Many Inventors trying to generate their product ideas to market are totally crushed by rejection. So, I thought I gives you a list of some belonging to the reasons you could obtain gotten rejected. It does not cover every reason you have access to rejected, but hopefully it will give you something to think about.
You want realize that inventing is fundamentally a numbers on the net game! Yes, you still need to undertake a good idea but you’ll find that in spite of how good an insurance policy you could imagine it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they will reject an idea that they agree that i see profitable. Below are some common reasons why even marketable ideas are rejected.
1. The company may have also a full line of products and not seeking add much more.
2. Make use of this is outside their target market.
3. You sent your submission for the wrong an affiliate the company – don’t assume they’ll automatically send it to the correct one.
4. You sent the idea unsolicited without contacting corporation first to observe their submission policy, and they usually rejected it solely on that basis.
5. You didn’t have proper contact about your the distribution. (That is one of the greatest mistakes Inventors make. The company will not bother to be able to you up.)
6. Possess too many similar services that information mill flooded a sufficient quantity of.
7. Your idea draws a small niche market and besides mass market items.
8. Value to manufacture versus the return on investment is just too high.
9. Your sales sheet in order to 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 want to see if they goes around it or risk infringement trouble.
11. Your product or idea isn’t much better than what has already been on the marketplace. This tells them you didn’t research your idea very well and don’t own a clue who other sellers is in the industry.
12. You sent a machine that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or maybe on the downswing when what isn’t too far off out the next year.
14. They already have a better solution than yours the actual world works for release that coming annualy. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. Goes on a entire lot. Inventors forget that they are not the only ones inventing.)
15. They have already received another similar idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online in one of those invention posting sites where others vote on goods to see whether there is interest. Your public disclosure makes an additional concerned whether any patent protection may allowed and turns it down depending that issue.
17. You posted your unprotected idea and video of the functional prototype on youtube and possess a significant quantity of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, however they perform quick look up your patent they identify that it has lapsed due to non-payment of fees and has now been lapsed significantly following due associate with. Making the chances of it being reinstated unlikely.
19. You’ve got patent invention, truly was poorly written as well as cover the particular product. (This happens a lot)
20. You then have a design patent and designing around your patent is a straightforward task, as a result they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize that fact. So you get a rejection letter, but which are explain they don’t really look outside the company.
22. You sent them your product but they have already decided to the line for that year and therefore following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review together item has never been in production or sold stores or www.malls.com.co online. So that they really do not want to go ahead and take risk getting the first company to offer it.
As I stated above these are just a few with the reasons your event may have your idea/product rejected along with a company. Really take the time to research the offers completely and understand your market, tech your place in that market and seek information part become worse yourself as marketable as possible.