Many Inventors trying to get their product ideas promote are totally crushed by rejection. So, I thought I would provide a report on some of the reasons you could obtain gotten discarded. It does not cover every reason you could get rejected, but hopefully as well as your something to.
You really have to realize that inventing is fundamentally a numbers competition! Yes, you still need to have a good idea but you will find that no matter how do i patent an idea good an insurance policy you could imagine it is that you could still get rejected. Many marketable ideas are rejected all time. Even if it does not make sense to you that they will reject an idea that they agree would be profitable. Listed below are some common the logic behind why even marketable ideas are rejected.
1. A lot more claims may surely have a full-line of services not trying to add alot more.
2. The product 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 off to the right one.
4. You sent premise unsolicited without contacting group first to observe their submission policy, plus they also rejected it solely on that agreement.
5. You did not have proper contact information on your submission. (That is one of the greatest mistakes Inventors make. The company will not bother to monitor you on paper.)
6. Include too many similar services that companies are flooded enough.
7. Your idea interests a minimal niche market and they want mass market items.
8. Costly to manufacture versus the return on investment is too high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with significantly information to sort through.
10. Goods has recently been patented by someone else and they just don’t want to find out if they are around it or risk infringement issues.
11. Goods or idea isn’t better than what is on the actual marketplace. This tells them you didn’t research your idea very nicely and don’t have a clue who competitors is looking.
12. You sent a product that is exactly like their current product and that current strategy is a marginal seller. So yours won’t fare any better.
13. Your idea is outdated or perhaps is on the downswing whenever compared with what will be coming out a year later.
14. They have a better solution than yours their works for release that coming calendar months. (This is also where Inventors may scream the company stole their idea if the company has already invested in molds, engineering, samples, etc prior on the Inventor contacting the company about their idea. Takes place a masse. Inventors forget that they are not the only ones inventing.)
15. These have received the identical idea from another Inventor and are working negotiations with that Inventor.
16. An individual 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 company concerned whether any patent protection properly allowed and turns it down based on that issue.
17. You posted your unprotected idea and video of the significant prototype online and have a significant number of hits. This again raises the concern whether any patent your idea would be possible because of your public disclosure.
18. You stated need an issued patent, yet if they participate in a quick browse your patent they discover that it has lapsed thanks to non-payment of fees and features been lapsed significantly following due marry. Making the chances of it being reinstated unlikely.
19. There’s a patent, and it was poorly written and also cover the particular product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, as a result they should be expecting very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t with outside ideas and does not publicize individuals. So you get a rejection letter, but won’t matter explain they just do not look outside the company.
22. You sent them your product but they have decided on your line for that 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 and your item by no means been being produced or sold stores or online. So they do not need to consider the risk for being the first company to offer it.
As I stated above these are simply a few for this reasons you can have your idea patent/product rejected the company. Really take time to research the offers completely and understand your market, your put in that market and study part things yourself as marketable as possible.