Many Inventors trying to bring their product ideas showcase are totally crushed by rejection. So, I thought I would provide a list of some of your reasons you can get gotten terminated. It does not cover every reason you can get rejected, but hopefully plans and ideas something to think about.
You truly 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 good an idea you may believe it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they would reject an image that they agree is usually profitable. Here’s some common the logic behind why even marketable ideas are rejected.
1. This company may now have a full line of providers not looking to add alot more.
2. The product 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 firm first to find out their submission policy, plus they also rejected it solely on that basis.
5. You didn’t have proper contact about your submission. (That is one of the most mistakes Inventors make. Corporation will not bother to track you down.)
6. Possess too many similar products and InventHelp Company News that information mill flooded proper.
7. Your idea interests a very little niche market and they want mass market items.
8. The price to manufacture versus the return on investment as well high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Your product has happened to be patented by someone else and want to see if they can go around it or risk infringement issues.
11. Your InventHelp Products or idea isn’t much better than what is on the marketplace. This tells them you did not research your idea okay and won’t have a clue who other sellers is thats available.
12. You sent a machine that is just 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 Your idea is outdated or perhaps is on the downswing in comparison to what will be coming out a year later.
14. They have a better solution than yours their works for release that coming year. (This is also where Inventors may scream the company stole their idea even when the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Takes place a significant. Inventors forget that they are not the only ones creating.)
15. They have already received a comparable idea from another Inventor and are typically negotiations with that Inventor.
16. An individual posted your idea unprotected online inside a of those InventHelp Invention Stories posting sites where others vote on goods to verify that there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down depending that give.
17. You posted your unprotected idea and video of the significant prototype on youtube and have a significant quantity of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, but when they write a quick browse your patent they see that it has lapsed due to non-payment of fees and it’s been lapsed significantly past the due marry. Making the chances of it being reinstated unlikely.
19. You’ve a patent, but it was poorly written and does not cover the particular product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, as a result they can get very little protection that can be found.
21. Sometimes the company you have approached just doesn’t from outside ideas and doesn’t publicize individuals. So you get a rejection letter, but it doesn’t explain they don’t really look outside the company.
22. You sent them your product but they have decided to the line for that year or go with the following year and aren’t open to taking on anything else at period.
23. Sufficiently consider items with a sales history they can review and then your item never been in production or sold stores or online. So do n’t need to go ahead and take risk getting the first company selling it.
As I stated above these are only a few belonging to the reasons you can 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 study part to create yourself as marketable as is feasible.