Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I would provide a report on some for the reasons you could obtain gotten rejected. It does not cover every reason you have access to rejected, but hopefully wanted something to look at.
You wish to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you will discover that no matter how to get a patent for an idea good understanding you may believe it is that gardeners can still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they reject an idea that they agree would be profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. The business may have also a complete collection of products and not looking to add more.
2. Make use of this is outside their marketplace.
3. You sent your submission towards the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting firm first recognize their submission policy, plus they also rejected it solely on that basis.
5. You didn’t have proper contact information on your submission move. (That is one of the highest mistakes Inventors make. Corporation will not bother to track you decrease.)
6. Possess too many similar products and that market is flooded proper.
7. Your idea attracts a very little niche market and desire mass market items.
8. Costly 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 a lot information to sort indicates of.
10. Goods has been really patented by someone else and they just don’t want to determine if they are around it or risk infringement trouble.
11. Your product or idea isn’t better than what has already been on market. This tells them you did not research your idea perfectly well and don’t have a clue who your competition is in the industry.
12. You sent a procedure that is precisely like their current product and that current set up is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing when what is departing from out the next year.
14. They already have a better solution than yours within works for release that coming year. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior https://www.drinkworldcongress.com/9727/how-do-i-get-a-patent-list-all-the-benefits/ into the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they aren’t ones inventing.)
15. They have received the identical idea from another Inventor and are in negotiations with that Inventor.
16. A person posted your idea unprotected online in a of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down based on that situation.
17. You posted your unprotected idea and video of the working prototype online and have a significant regarding hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you have an issued patent, yet if they write a quick look up your patent they see that it has lapsed due to non-payment of fees and features been lapsed significantly over the due date. Making the chances of it being reinstated unlikely.
19. There are any patent, truly was poorly written and will not cover the actual product idea. (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 in the industry.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize everyone. So you get a rejection letter, but permit you explain they just don’t look away from company.
22. You sent them your product but they have already decided about their line for the year and therefore following year and aren’t open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review nicely item has never been in production or sold stores or online. So do n’t need to take the risk getting the first company selling it.
As I stated above these are a few with the reasons you should have your idea/product rejected a new company. Really take the time to do your research and understand your market, your place in that market and study part to make yourself as marketable as it can.