Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I offers a connected with some for the reasons you could have gotten denied. It does not cover every reason you can get rejected, but hopefully make a something to look into.
You want realize that inventing is fundamentally a numbers on the net game! Yes, you still need to have a good idea but you will discover that no matter how to patent a product good an insurance policy you might 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 they would reject an understanding that they agree that i see profitable. Below are some common the logic behind why even marketable ideas are rejected.
1. The business may presently have a full-line of products and not seeking add somewhat more.
2. Makes use of is outside their marketplace.
3. You sent your submission towards wrong person in the company – don’t assume they’ll automatically send it to the right one.
4. You sent premise unsolicited without contacting firm first to find out their submission policy, and they usually rejected it solely on that essence.
5. You didn’t have proper contact about your submission move. (That is one of the most mistakes Inventors make. The machines will not bother for you to trace you down.)
6. Possess too many similar products and that market is flooded proper.
7. Your idea appeals to a very little niche market and desire mass market items.
8. Price of 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 great deal information to sort through.
10. Your products has have been patented by someone else and don’t want to find out if they are around it or risk infringement trouble.
11. Your product or idea isn’t better than what is definitely on market. This tells them you didn’t research your idea very well and do not need a clue who the competitors is in the market.
12. You sent a machine that is precisely like their current product and new invention ideas that current set up is a marginal seller. So yours will not fare any better.
13. Your idea is outdated or perhaps on the downswing whenever compared with what isn’t too far off out the following year.
14. They already have a better solution than yours in the 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 to the Inventor contacting the company about their idea. Transpires a lot. Inventors forget that they aren’t the sole ones creating.)
15. They have already received a similar idea from another Inventor and are currently in negotiations with this Inventor.
16. An individual posted your idea unprotected online in one of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes the company concerned whether any patent protection will be allowed and turns it down based on that ailment.
17. You posted your unprotected idea and video of the important prototype online and possess a significant connected with hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated that you should have an issued patent, help to they perform quick search on your patent they discover that it has lapsed due to non-payment of fees and features been lapsed significantly past the due associate with. Making the chances of it being reinstated unlikely.
19. You have a patent, but it was poorly written and will not cover specific product. (This happens a lot)
20. You will have a 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 just don’t look away from company.
22. You sent them your product but they have already decided about their line for the year or the following year and are not open to taking on anything else at that time.
23. Really don’t consider items with a sales history they can review and your item by no means been in production or sold stores or online. To ensure that do not require to go ahead and take risk becoming the first company selling it.
As I stated above these are simply a few for this reasons you can have your idea/product rejected with company. Really take the time to do your research and understand your market, your put in that market and ideas for inventions study part different yourself as marketable as is feasible.
