Many Inventors trying to get their product inventions ideas to market are totally crushed by rejection. So, I thought I would provide a regarding some of the reasons you could have gotten denied. It does not cover every reason you can get rejected, but hopefully wanted something to look at.
You truly realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you’ll find that it doesn’t matter how to get a patent on an idea good an insurance policy you may believe it is that you may still get rejected. Many marketable ideas are rejected all time. Even if it doesn’t make sense to you that would likely reject an idea that they agree could be profitable. Listed below are some common reasons why even marketable ideas are rejected.
1. They may now have a full line of services not looking to add more.
2. Urge for food is outside their target market.
3. You sent your submission to the wrong part of the company – don’t assume they’ll automatically send it right one.
4. You sent premise unsolicited without contacting group first to check their submission policy, plus they also rejected it solely on that source.
5. You did not have proper contact regarding your division. (That is one of the greatest mistakes Inventors make. The company will not bother to be able to you alongside.)
6. Possess too many similar products and that sector is flooded proper.
7. Your idea interests a very small niche market and would like mass market items.
8. Price of to manufacture versus the return on investment is simply high.
9. Income sheet never did WOW them and lacked consumer benefits information or was overloaded with too much information to sort with the aid of.
10. Goods has have been patented by someone else and don’t want to see if they can go around it or risk infringement issues.
11. Your product or idea isn’t compared to what is on the. This tells them you didn’t research your idea very well and don’t own a clue who the competitors is in the market.
12. You sent a product that is just like their current product and that current device is a marginal seller. So yours will not fare any benefit.
13. Your idea is outdated or perhaps on the downswing when what is departing from out one year afterwards.
14. They already have a better solution than yours in the works for release that coming year. (This is also where Inventors may scream the company stole their idea whether or not the company has already invested in molds, engineering, samples, etc prior for the Inventor contacting the company about their idea. Goes on a wonderful deal. Inventors forget that they aren’t the sole ones inventing.)
15. They have received a similar idea from another Inventor and are in negotiations with that Inventor.
16. A person posted your idea unprotected online in one of those invention posting sites where others vote on your products to find out there is interest. Your public disclosure makes the company concerned whether any patent protection would be allowed and turns it down derived from that issue.
17. You posted your unprotected idea and video of the functional prototype online and have a significant number of hits. This again raises the concern whether any patent would be possible because of your public disclosure.
18. You stated need an issued patent, however they write a quick look on your patent they discover that it has lapsed resulting from non-payment of fees and has now been lapsed significantly following due encounter. Making the chances of it being reinstated unlikely.
19. There’s a patent, but it was poorly written and also cover the actual product. (This happens a lot)
20. It is easy to design patent and designing around your patent is an easy task, so that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t the outside ideas and doesn’t publicize i’m not sure. So you get a rejection letter, but it doesn’t explain they don’t really look right out the company.
22. You sent them your product but they have decided on your line for the year and therefore following year and are not open to taking on anything else at that time.
23. The right amount . consider items with a sales history they can review and then your item never been in production or Inventhelp Number sold stores or online. So they do not require to consider the risk to become the first company to offer it.
As I stated above these are a few within the reasons within the glass . your idea/product rejected with company. Really take the time to plumbing service and understand your market, your put in that market and homework part different yourself as marketable as it can.