InventHelp Store – https://our.ptsem.edu/ICS/My_Pages/Courier.jnz?portlet=Blog&screen=View+Post&screenType=next&Id=0600f2f9-d159-43a8-8e57-a4e6aae72eb9. Many Inventors trying to bring their product ideas selling are totally crushed by rejection. So, I thought I would provide a involving some of the reasons you could obtain gotten terminated. It does not cover every reason you could get rejected, but hopefully plans and ideas something to look at.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to undertake a good idea but you’ll find that it doesn’t matter how good an inspiration you may believe it is you can still get rejected. Many marketable ideas are rejected all period. Even if it doesn’t make sense to you that would likely reject an image that they agree could be profitable. Listed below are some common purposes why even marketable ideas are rejected.
1. This company may presently have a complete collection of products and not seeking add more.
2. Urge for food is outside their target market.
3. You sent your submission for the wrong person in the company – don’t assume they’ll automatically send it on the right one.
4. You sent are interested to produce unsolicited without contacting group first to observe their submission policy, and they usually rejected it solely on that essence.
5. You didn’t have proper contact regarding your division. (That is one of the actual mistakes Inventors make. An additional will not bother to track you down.)
6. They have too many similar services that companies are flooded adequately.
7. Your idea interests a very small niche market and would like mass market items.
8. The price to manufacture versus the return on investment is just too high.
9. Income sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort by simply.
10. Your product has recently been patented by someone else and they just don’t want to determine if they might go around it or risk infringement problems.
11. Goods or idea isn’t better than what is on the market. This tells them you did not research your idea very nicely and don’t own a clue who the competitors is looking.
12. You sent a procedure that is strictly like their current product and that current device is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps is on the downswing in order to what will be coming out the following year.
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 regardless of whether the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. This happens a significant. Inventors forget that they are not the only ones creating.)
15. They have received to correct idea from another Inventor and are currently in negotiations with that Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on your products to see if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down derived from that situation.
17. You posted your unprotected idea and video of the functional prototype on youtube and have a significant connected with hits. This again raises the concern whether any patent would be possible due to your public disclosure.
18. You stated that you should have an issued patent, help to they do a quick explore your InventHelp Patent Services they noticed that it has lapsed thanks to non-payment of fees and features been lapsed significantly after due date. Making the chances of it being reinstated unlikely.
19. You’ve got patent, and it was poorly written and will not cover a lot more product. (This happens a lot)
20. You will have a design patent and designing around your patent is an easy task, so that they can expect very little protection in the industry.
21. Sometimes the company you have approached just doesn’t with outside ideas and doesn’t publicize everyone. So you get a rejection letter, but which are explain they cannot look outside the company.
22. You sent them your product but they have decided on their line for that year and therefore following year and are not open to taking on anything else at period.
23. Simply consider items with a sales history they can review and then your item never been in production or sold stores or online. So they do not require to take the risk for being the first company selling it.
As I stated above these are simply a few of the reasons you can have your idea/product rejected by a company. Really take the time to yourself and understand your market, your put in that market and study part things yourself as marketable as possible.
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