Inventors, Here Are Reasons Why Your Invention Got Reduced
Many Inventors trying to bring their product ideas to market are totally crushed by rejection. So, I thought I would supply a involving some of this reasons you could have gotten discarded. It does not cover every reason you could get rejected, but hopefully plans and ideas something start thinking about.
You wish to realize that inventing is fundamentally a numbers on-line! Yes, you still need to enjoy a good idea but you will find that irrespective of how to patent an idea or product good an insurance policy you could imagine it that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that they would reject an idea that they agree is usually profitable. Below are some common the logic behind why even marketable inventions ideas are rejected.
1. They may presently have a complete collection of products and not desperate to add somewhat more.
2. Product or service is outside their marketplace.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it on the right one.
4. You sent are interested to produce unsolicited without contacting the company first to find their submission policy, plus they also rejected it solely on that agreement.
5. You did not have proper contact regarding your entry. (That is one of the actual mistakes Inventors make. Corporation will not bother to you alongside.)
6. They have too many similar providers that information mill flooded proper.
7. Your idea attracts a very small niche market and desire 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 significantly information to sort indicates of.
10. Your products has recently been patented by someone else and they just don’t want to find out if they can go around it or risk infringement factors.
11. Goods or idea isn’t much better than what has already been on the actual marketplace. This tells them you did not research your idea perfectly well and don’t need a clue who your competition is looking.
12. You sent a specific thing that is strictly like their current product and that current technique are a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps is on the downswing when what is departing from out one year afterwards.
14. They have a better solution than yours involving works for release that coming yr. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. This happens a masse. Inventors forget that they aren’t ones inventing.)
15. These have received a similar idea from another Inventor and are working negotiations with this Inventor.
16. A person posted your idea unprotected online in a single of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes company concerned whether any patent protection would be allowed and turns it down in accordance to that issue.
17. You posted your unprotected idea and video of the functional prototype online and possess a significant quantity of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, help to they participate in a quick browse your patent they discover that it has lapsed thanks to non-payment of fees and has now been lapsed significantly beyond the due marry. Making the chances of it being reinstated unlikely.
19. You’ve a patent, can be challenging was poorly written and also cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, to ensure that you they can get very little protection for sale.
21. Sometimes the company you have approached just doesn’t look at outside ideas and does not publicize everyone. So you get a rejection letter, but which are explain they just don’t look away from company.
22. You sent them your product but they have decided to the line for the year or that the following year and are not open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review and your item has never been being produced or sold stores or online. So do n’t need to take the risk to become the first company selling it.
As I stated above these are simply a few of the reasons you can have your idea/product rejected a new company. Really take the time to on your own and understand your market, your commit that market and plenty of research part to make yourself as marketable as it can.