Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I would provide a report on some for the reasons you could obtain gotten denied. It does not cover every reason you have access to rejected, but hopefully as well as your something to look at.
You want realize that inventing is fundamentally a numbers on-line! Yes, you still need to undertake a good idea but you will discover that regardless how to obtain a patent good a perception you might imagine it is that gardeners can still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that would likely reject a strategy that they agree could be profitable. Here are some common purposes why even marketable ideas are rejected.
1. The business may have also a full line of providers not desperate to add very much more.
2. Urge for food 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 right one.
4. You sent the idea unsolicited without contacting vehicle first recognize their submission policy, to begin with rejected it solely on that agreement.
5. You did not have proper contact regarding your division. (That is one of the most effective mistakes Inventors make. The corporation will not bother for you to trace you on paper.)
6. They have too many similar providers that sector is flooded enough.
7. Your idea appeals to a minimal niche market and besides mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Your products has have been patented by someone else and they just don’t want to ascertain if they should go around it or risk infringement problems.
11. Your product or idea isn’t much better what is on the market. This tells them you didn’t research your idea perfectly well and don’t need a clue who competitors is in the industry.
12. You sent a service or product that is precisely 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 Your idea is outdated or maybe on the downswing when what is coming out one year afterwards.
14. They already have a better solution than yours involving works for release that coming annualy. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, patent your idea etc prior on the Inventor contacting the company about their idea. This takes place a lot. Inventors forget that they are not the only ones inventing.)
15. These have received a comparable idea from another Inventor and are currently in negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those invention ideas posting sites where others vote on goods to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection properly allowed and turns it down derived from that give.
17. You posted your unprotected idea and video of the important prototype online and have 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, but when they begin a quick look on your patent they make it a point it has lapsed due to non-payment of fees and allows been lapsed significantly following due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and doesn’t cover far more product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, meaning that they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize everyone. So you get a rejection letter, but websites explain they never look beyond the company.
22. You sent them your product but they have already decided on their line for that year or go with the following year and are not open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review nicely item never been in production or sold stores or online. So that they really do n’t need to go ahead and take risk of being the first company advertising it.
As I stated above these are a few of the reasons your event may have your idea/product rejected along with a company. Really take period to do your research and understand your market, your commit that market and homework part to create yourself as marketable as we possibly can.