Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I gives you a regarding some of this reasons you could obtain gotten denied. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You need to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will find that in spite of how do i patent an idea good a perception you could imagine it is you can still get rejected. Many marketable ideas are rejected all period. Even if it does not make sense to you that would certainly reject an understanding that they agree is usually profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. The business may surely have a full-line of providers not trying to add 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 on the right one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, to begin with rejected it solely on that essence.
5. You did not have proper contact about your entry. (That is one of the most effective mistakes Inventors make. Corporation will not bother to track you decrease.)
6. Possess too many similar services that information mill flooded adequately.
7. Your idea interests a very small niche market and would like mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Your sales sheet did not WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Your products has already been patented by someone else and they don’t want to see if they might go around it or risk infringement issues.
11. Your product or idea isn’t much better than what is already on the actual marketplace. This tells them you did not research your idea okay and don’t need a clue who other sellers is in the industry.
12. You sent a procedure that is precisely like their current product and that current product is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or maybe on the downswing compared to what is on its way out the year after.
14. They have a better solution than yours involving works for release that coming annualy. (This is also where Inventors may scream the company stole their idea although the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the InventHelp Company News about their idea. Transpires a lot. Inventors forget that they are not the sole ones inventing.)
15. They have received a comparable idea from another Inventor and are currently in negotiations with this Inventor.
16. You need to posted your idea unprotected online a single of those InventHelp Invention Service posting sites where others vote on your product to find out there is interest. Your public disclosure makes an additional concerned whether any patent protection would be allowed and turns it down depending that send.
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 which you’ve got an issued patent, whenever they participate in a quick explore your patent they make it a point it has lapsed due to non-payment of fees and allows been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. You’ve a patent, and it was poorly written and does not cover specific product. (This happens a lot)
20. You have a design patent and designing around your patent is a simple task, meaning that they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t take a outside ideas and doesn’t publicize i don’t know. So you get a rejection letter, but won’t matter explain they just do not look outside the company.
22. You sent them your product but these have decided about their line for the year or the following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review and your item never been being produced or sold stores or online. So do not require to consider the risk becoming the first company to market it.
As I stated above these are only a few of the reasons you should have your idea/product rejected the company. Really take the time to research the offers completely and understand your market, your put into that market and study part to create yourself as marketable as possible.