Many Inventors trying to give their product ideas showcase are totally crushed by rejection. So, I thought I would provide a report on some of the reasons you can get gotten cast off. It does not cover every reason you can get rejected, but hopefully wanted something start thinking about.
You want realize that inventing is fundamentally a numbers competition! Yes, you still need to undertake a good idea but you will find that irrespective of how to patent an idea good an insurance policy you might imagine it is you can still get rejected. Many marketable ideas are rejected all period. Even if it doesn't make sense to you that they would reject a strategy that they agree is usually profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. They may have also a full line of products and not looking to add much more.
2. The product is outside their target market.
3. You sent your submission towards the wrong person in the company - don't assume they'll automatically send it to the right one.
4. You sent one does this program unsolicited without contacting group first to find out their submission policy, to begin with rejected it solely on that trigger.
5. You did not have proper contact about your division. (That is one of the actual mistakes Inventors make. The machines will not bother to track you down.)
6. Include too many similar services that marketplace is flooded plenty of.
7. Your idea interests a small niche market and would like mass market items.
8. The cost to manufacture versus the return on investment is too high.
9. Income sheet didnrrrt WOW them and lacked consumer benefits information or was overloaded with a lot information to sort indicates of.
11. Your product or idea isn't much better than what is definitely on market. This tells them you did not research your idea okay and don't own a clue who other sellers is thats available.
12. You sent a product that is strictly like their current product and that current device is a marginal seller. So yours won't fare any better.
13. Your idea is outdated or maybe on the downswing when what is coming out the next year.
14. They already have a better solution than yours the actual world 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 to your Inventor contacting the company about their idea. Takes place a entire lot. Inventors forget that they are not the sole ones creating.)
15. These have received a similar idea from another Inventor and are in negotiations with that Inventor.
16. Include posted your idea unprotected online inside a of those invention posting sites where others vote on your product to check if there is interest. Your public disclosure makes the actual concerned whether any patent protection would eventually be allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the running prototype on youtube and have a significant number of 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, whenever they perform quick look on your patent they make it a point it has lapsed thanks to non-payment of fees and allows been lapsed significantly beyond the due date. Making the chances of it being reinstated unlikely.
19. You've got patent, can be challenging was poorly written and will not cover a lot more product. (This happens a lot)
20. You then have a design patent and designing around your patent is an easy task, to ensure that you they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn't from outside ideas and does not publicize that fact. So you get a rejection letter, but permit you explain they don't really look away from company.
22. You sent them your product but they have decided about their line for that year or that the following year and aren't open to taking on anything else at that time.
23. Simply consider items with a sales history they can review nicely item has never been in production or sold stores or online. So they do not need to consider the risk getting the first company to market it.
As I stated above these are just a few with the reasons you should have your idea/product rejected the company. Really take time to do your research and understand your market, your put in that market and seek information part to create yourself as marketable maybe can.