Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I offers a involving some belonging to the reasons you could have gotten rejected. It does not cover every reason you could get rejected, but hopefully as well as your something to look at.
You want realize that inventing is fundamentally a numbers game! Yes, you still need to enjoy a good idea but you will find that irrespective of how to get a patent on an idea good understanding you may believe it that you may still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would certainly reject a strategy that they agree is usually profitable. Listed below are some common explanations why even marketable ideas are rejected.
1. They may have also a full line of providers not desperate to add very much more.
2. Make use of this is outside their target market.
3. You sent your submission towards the wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent are interested to produce unsolicited without contacting vehicle first to check their submission policy, plus they also rejected it solely on that source.
5. You didn’t have proper contact information on your submission move. (That is one of the greatest mistakes Inventors make. Corporation will not bother to be able to you down.)
6. Include too many similar products and that marketplace is flooded plenty of.
7. Your idea attracts a small niche market and desire mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Revenue sheet never did WOW them and lacked consumer benefits information or was overloaded with significantly information to sort with the aid of.
10. Your new product ideas has already been patented by someone else and want to determine if they goes around it or risk infringement problems.
11. Goods or idea isn’t compared to what has already been on the market. This tells them you didn’t research your idea well and won’t have a clue who the competitors is thats available.
12. You sent a specific thing that is exactly like their current product and that current device is a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or is on the downswing in order to what is departing from out one year afterwards.
14. They 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 whether or not the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. This takes place a wonderful deal. Inventors forget that they aren’t ones inventing.)
15. They have already received a similar idea from another Inventor and are working negotiations with this Inventor.
16. An individual 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 company concerned whether any patent protection properly allowed and turns it down derived from that ailment.
17. You posted your unprotected idea and video of the running prototype online and have a significant number of hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you own an issued patent, yet if they begin a quick search on your patent they make it a point it has lapsed resulting from non-payment of fees and it’s been lapsed significantly past the due associate with. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and also cover far more product. (This happens a lot)
20. There is design patent and designing around your patent is an easy task, meaning that they should be expecting very little protection in the industry.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i’m not sure. So you get a rejection letter, but which are explain they just don’t look away from company.
22. You sent them your new product idea but they have already decided to the line for the year or go with the following year and are not open to taking on anything else at that time.
23. Sufficiently consider items with a sales history they can review your item never been being produced or sold stores or online. So that they really do n’t need to go ahead and take risk becoming the first company to offer it.
As I stated above these are only a few belonging to the reasons you can have your idea/product rejected the company. Really take time to on your own and understand your market, your place in that market and study part things yourself as marketable as it can.