Many Inventors trying to generate their product ideas selling are totally crushed by rejection. So, I thought I would provide a report on some for the reasons you really can have gotten discarded. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to own a good idea but you’ll find that it doesn’t matter how good a perception you may think it is that gardeners can still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that would certainly reject an example that they agree this would definately be profitable. Here’s some common purposes why even marketable ideas are rejected.
1. The company may have also a full line of providers not desperate to add much more.
2. Urge for food is outside their target market.
3. You sent your submission towards wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent viewed as unsolicited without contacting group first to find out their submission policy, plus they also rejected it solely on that source.
5. You didn’t have proper contact regarding your division. (That is one of the actual mistakes Inventors make. The machines will not bother to monitor you on paper.)
6. Contain too many similar products and that marketplace is flooded plenty of.
7. Your idea appeals to a small niche market and besides mass market items.
8. Costly to manufacture versus the return on investment is just too high.
9. Revenue sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort indicates of.
10. Your product has have been patented by someone else and don’t want to determine if they goes around it or risk infringement elements.
11. Your products or inventhelp product development idea isn’t compared to what is already on the actual marketplace. This tells them you did not research your idea very nicely and don’t have a clue who competition is in the market.
12. You sent a machine that is strictly like their current product and that current technique are a marginal seller. So yours will not fare much better.
13. Your idea is outdated or possibly on the downswing compared to what is departing from out the next year.
14. They have a better solution than yours in the works for release that coming . (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior to the Inventor contacting the company about their idea. Goes on a masse. Inventors forget that they are not the only ones inventing.)
15. They have already received another similar idea from another Inventor and are currently in negotiations with this Inventor.
16. Include 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 the actual concerned whether any patent protection would eventually be allowed and turns it down based on that give.
17. You posted your unprotected idea and video of the working prototype on youtube and have a significant quantity of hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you’ve got an issued patent, whenever they write a quick look up your patent they noticed that it has lapsed thanks to non-payment of fees and allows been lapsed significantly after due encounter. Making the chances of it being reinstated unlikely.
19. You have a patent, can be challenging was poorly written and also cover the actual product. (This happens a lot)
20. You have a design patent and designing around your patent is an easy task, so that they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t the outside ideas and does not publicize individuals. So you get a rejection letter, but permit you explain they never look beyond the InventHelp Company News.
22. You sent them your product but they have decided their very own line for that year together with following year and aren’t open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review for InventHelp nicely item has never been being produced or sold stores or online. So they do n’t need to consider the risk of being the first company to offer it.
As I stated above these are a few of the reasons your event may have your idea/product rejected with company. Really take the time to research the offers completely and understand your market, your put into that market and homework part to make yourself as marketable as possible.