InventHelp Innovation – https://penzu.com/p/a89c2221. Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I gives a report on some of this reasons you could obtain gotten denied. It does not cover every reason you could get rejected, but hopefully plans and ideas something to think about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to get a good idea but you will find that it doesn’t matter how to pitch an invention idea to a company good an idea you may think it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an idea that they agree this would definately be profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. They may already have a full line of products and not desperate to add much more.
2. Make use of this is outside their marketplace.
3. You sent your submission to the wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent viewed as unsolicited without contacting the company first to find their submission policy, in addition they rejected it solely on that trigger.
5. You did not have proper contact regarding your entry. (That is one of the most mistakes Inventors make. The corporation will not bother for you to trace you alongside.)
6. They’ve got too many similar providers that companies are flooded proper.
7. Your idea draws a very little niche market and desire mass market items.
8. The cost to manufacture versus the return on investment is simply high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Your products has recently been patented by someone else and they don’t want to see if they should go around it or risk infringement problems.
11. Your product or idea isn’t much better than what has already been on the. This tells them you didn’t research your idea well and won’t have a clue who other sellers is in the industry.
12. You sent a service or product that is just like their current product and that current strategy is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps on the downswing compared to what is on its way out the year after.
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 regardless of whether the company has already invested in molds, engineering, samples, etc prior to your Inventor contacting the company about their idea. This happens a entire lot. Inventors forget that they aren’t the sole ones inventing.)
15. These have received another similar idea from another Inventor and are working negotiations with this Inventor.
16. Include posted your idea unprotected online inside a of those invention posting sites where others vote on goods to check if there is interest. Your public disclosure makes company concerned whether any patent protection may allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the working 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 that you should have an issued patent, help to they do a quick browse your patent they identify that it has lapsed resulting from non-payment of fees and it’s been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. You’ve got patent, but it was poorly written and will not cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, so that they can get very little protection for sale.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize everyone. So you get a rejection letter, but it doesn’t explain they just do not look right out the company.
22. You sent them your product but they have already decided on your line for the 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 and then your item has never been in production or sold stores or online. So do n’t need to go ahead and take risk becoming the first company selling it.
As I stated above these are only a few of the reasons within the glass . your idea/product rejected with company. Really take period to yourself and understand your market, your invest that market and do your part different yourself as marketable as possible.