Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I gives you a report on some of this reasons you really can have gotten denied. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look into.
You truly realize that inventing is fundamentally a numbers game! Yes, you still need to own a good idea but you will discover that no matter how to patent a product idea good an idea you might imagine it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an idea that they agree would be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. They may surely have a full-line of services not looking to add alot more.
2. Make use of this is outside their marketplace.
3. You sent your submission into the wrong person in the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting the company first recognize their submission policy, plus they also rejected it solely on that trigger.
5. You did not have proper contact information on your the distribution. (That is one of the most effective mistakes Inventors make. Corporation will not bother to you up.)
6. Contain too many similar providers that sector is flooded enough.
7. Your idea interests a small niche market and besides mass market items.
8. Price of to manufacture versus the return on investment is too high.
9. Revenue sheet didnrrrt 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 don’t want to determine if they can go around it or risk infringement factors.
11. Goods or idea isn’t much better what has already been on market. This tells them you didn’t research your idea very nicely and won’t have a clue who other sellers is that are available.
12. You sent a product that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing in order to what will be coming out the following year.
14. They have a better solution than yours involving works for release that coming year. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior to the Inventor penzu.com contacting the company about their idea. This takes place a significant. Inventors forget that they are not the only 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 a single of those InventHelp Invention News posting sites where others vote on your product to see whether there is interest. Your public disclosure makes company concerned whether any patent protection will be allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the significant prototype online and possess a significant number of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you own an issued patent, however they perform quick look up your patent they noticed that it has lapsed by way of non-payment of fees and it has been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written and will not cover the particular product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, as a result they can get very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize everyone. So you get a rejection letter, but won’t matter explain they just don’t look right out the company.
22. You sent them your product but they have decided about their line for that year or the 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 not need to go ahead and take risk for being the first company to market it.
As I stated above these are simply a few for this reasons you should have your idea/product rejected the company. Really take period to on your own and understand your market, your place in that market and seek information part things yourself as marketable as possible.