Many inventors help trying to generate their product ideas to market are totally crushed by rejection. So, I thought I gives you a report on some of the reasons you can get gotten denied. It does not cover every reason you have access to rejected, but hopefully plans and ideas something to think about.
You need to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to undertake a good idea but you will discover that irrespective of how to get a patent good an inspiration you could imagine it is that you may still get rejected. Many marketable ideas are rejected all the time. Even if it doesn’t make sense to you that they would reject a strategy that they agree would be profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. They may already have a complete collection of products and not desperate to add somewhat more.
2. Product or service is outside their marketplace.
3. You sent your submission towards wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting vehicle first to observe their submission policy, and they rejected it solely on that essence.
5. You did not have proper contact about your entry. (That is one of the highest mistakes Inventors make. The company will not bother for you to trace you up.)
6. They’ve got too many similar products and that market is flooded adequately.
7. Your idea draws a very little niche market and besides mass market items.
8. The cost to manufacture versus the return on investment is just too high.
9. Profits sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a good deal information to sort through.
10. Goods has have been patented by someone else and they just don’t want to see if they should go around it or risk infringement issues.
11. Your product or idea isn’t better than what is on the market. This tells them you didn’t research your idea very nicely and won’t have a clue who the competitors is in the industry.
12. You sent a machine that is just like their current Product Idea and that current technique are a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or perhaps on the downswing compared to what is on its way out a year later.
14. They already have a better solution than yours within works for release that coming yr. (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 company about their idea. Goes on a lot. Inventors forget that they aren’t ones inventing.)
15. They have already received a comparable 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 your product to check if there is interest. Your public disclosure makes the concerned whether any patent protection will be allowed and turns it down in keeping with that send.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant quantity of hits. It can raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, yet if they perform quick look up your patent they discover that it has lapsed resulting from non-payment of fees and allows been lapsed significantly over the due associate with. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and does not cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward 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 doesn’t publicize everyone. So you get a rejection letter, but won’t matter explain they never look right out of the company.
22. You sent them your product but they have decided their very own line for the year or that the following year and aren’t open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review together item by no means been being produced or sold stores or online. So that they really do not require to consider the risk of being the first company advertising it.
As I stated above these are a few with the reasons your event may have your idea/product rejected by a company. Really take the time to on your own and understand your market, your put into that market and homework part different yourself as marketable as is feasible.