Many Inventors trying to bring their product ideas promote are totally crushed by rejection. So, I thought I offers a list of some of your reasons you really can have gotten discarded. It does not cover every reason you have access to rejected, but hopefully it will give you something to think about.
You need to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will discover that it doesn’t matter how good an idea you might imagine it that you may still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they will reject a strategy that they agree is usually profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. This company may already have a full-line of services not desperate to add very much more.
2. Urge for food is outside their target market.
3. You sent your submission towards wrong an affiliate the company – don’t assume they’ll automatically send it on the right one.
4. You sent one does this program unsolicited without contacting corporation first to find their submission policy, and they usually rejected it solely on that essence.
5. You didn’t have proper contact about your the distribution. (That is one of the highest mistakes Inventors make. Corporation will not bother to be able to you up.)
6. They have too many similar providers that sector is flooded a sufficient quantity of.
7. Your idea interests a little niche market and they want mass market items.
8. Value to manufacture versus the return on investment is simply high.
9. Revenue sheet did not WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Your product has already been patented by someone else and they just don’t want to determine if they can go around it or risk infringement factors.
11. Goods or idea isn’t compared to what has already been on the. This tells them you didn’t research your idea perfectly well and won’t have a clue who your competition is in the market.
12. You sent a product that is just like their current product and that current technique are a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or InventHelp George Foreman Commercial maybe on the downswing in comparison to what is coming out one year afterwards.
14. They already have a better solution than yours their works for release that coming calendar months. (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 into the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the only ones inventing.)
15. These have received a similar idea from another Inventor and are currently in negotiations with that Inventor.
16. Include posted your idea unprotected online in a of those invention posting sites where others vote on your products to check if there is interest. Your public disclosure makes the company concerned whether any patent protection may allowed and turns it down based on that send.
17. You posted your unprotected idea and video of the important prototype on youtube and have a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, but when they write a quick browse your patent they make it a point it has lapsed due to non-payment of fees and it’s been lapsed significantly after due encounter. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and will not cover specific product. (This happens a lot)
20. There is design patent idea and designing around your patent is a simple task, meaning that they should be expecting very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t look at outside ideas and doesn’t publicize everyone. So you get a rejection letter, but which are explain they just don’t 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 are not open to taking on anything else at period.
23. The right amount . consider items with a sales history they can review nicely item has never been being produced or sold stores or online. In order that they do not want to go ahead and take risk for being the first company selling it.
As I stated above these are simply a few within the reasons your event may have your idea/product rejected along with a company. Really take time to research the offers completely and understand your market, your put into that market and plenty of research part to create yourself as marketable as we possibly can.