Many Inventors trying to give their product patent ideas promote are totally crushed by rejection. So, I thought I gives a list of some of the reasons you could obtain gotten cast off. It does not cover every reason you could get rejected, but hopefully as well as your something to look into.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will discover that in spite of how good an insurance policy you may believe it that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that they reject a strategy that they agree is usually profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. They may already have a complete collection of services not desperate to add more.
2. Make use of this is outside their target market.
3. You sent your submission to the wrong an associate the company – don’t assume they’ll automatically send it off to the right one.
4. You sent viewed as unsolicited without contacting vehicle first to check their submission policy, to begin with rejected it solely on that source.
5. You did not have proper contact information on your submission move. (That is one of the highest mistakes Inventors make. The machines will not bother to be able to you decrease.)
6. Include too many similar products and that market is flooded plenty of.
7. Your idea attracts a small niche market and besides mass market an invention idea items.
8. The price to manufacture versus the return on investment is too high.
9. Revenue sheet in order to WOW them and lacked consumer benefits information or was overloaded with a lot information to sort with the aid of.
10. Your product has already been patented by someone else and they just don’t want to ascertain if they are around it or risk infringement factors.
11. Goods or idea isn’t much better than what has already been on the marketplace. This tells them you didn’t research your idea okay and won’t have a clue who competitors is in the market.
12. You sent a product that is just like their current product and that current set up is a marginal seller. So yours won’t fare much better.
13. Your idea is outdated or is on the downswing in comparison to what is departing from out the following year.
14. They have a better solution than yours the actual world works for release that coming . (This is also where Inventors may scream the company stole their idea regardless of whether the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This takes place a masse. Inventors forget that they are not the sole ones inventing.)
15. They have received to correct idea from another Inventor and are typically negotiations with this Inventor.
16. Include posted your idea unprotected online in a single of those invention posting sites where others vote on goods to verify that there is interest. Your public disclosure makes company concerned whether any patent protection would eventually be allowed and turns it down in keeping with that situation.
17. You posted your unprotected idea and video of the working prototype online and possess a significant involving hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated need an issued patent, help to they begin a quick browse your patent they discover that it has lapsed by way of non-payment of fees and allows been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, can be challenging was poorly written and also cover a lot more product. (This happens a lot)
20. You have a design patent and designing around your patent is a straightforward task, which means they should be expecting very little protection in the marketplace.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize individuals. So you get a rejection letter, but permit you explain they cannot look right out the company.
22. You sent them your product but they have already decided to the line for the year together with following year and aren’t open to taking on anything else at period.
23. Really don’t consider items with a sales history they can review nicely item has never been being produced or InventHelp Inventor Service sold stores or online. So do n’t want to consider the risk for being the first company to offer it.
As I stated above these are simply a few of the reasons abdominal muscles your idea/product rejected the company. Really take time to yourself and understand your market, your put in that market and do your part different yourself as marketable as is feasible.