Scalar.usc.edu – http://scalar.usc.edu/works/articles-2/training-people-to-innovate. Many Inventors trying to make their product ideas to market are totally crushed by rejection. So, I thought I gives you a involving some for the reasons you could obtain gotten rejected. It does not cover every reason you can get rejected, but hopefully make a something to look at.
You wish to realize that inventing is fundamentally a numbers gameplay! Yes, you still need to get a good idea but you will find that in spite of how good an inspiration you might 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 would likely reject an understanding that they agree would be profitable. Here are a couple common the logic behind why even marketable ideas are rejected.
1. A lot more claims may have also a full line of products and not trying to add very much more.
2. Urge for food is outside their target market.
3. You sent your submission towards wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent are interested to produce unsolicited without contacting vehicle first to check their submission policy, and they rejected it solely on that source.
5. You didn’t have proper contact information on your division. (That is one of the highest mistakes Inventors make. The machines will not bother to track you alongside.)
6. Contain too many similar products and that sector is flooded a sufficient quantity of.
7. Your idea interests a minimal niche market and would like mass market items.
8. Price of to manufacture versus the return on investment as well high.
9. Revenue sheet don’t WOW them and lacked consumer benefits information or was overloaded with great deal information to sort through.
10. Goods has been really patented by someone else and want to find out if they might go around it or risk infringement issues.
11. Goods or idea isn’t much better than what is already on market. This tells them you did not research your idea very well and don’t have a clue who the competitors is looking.
12. You sent a specific thing that is precisely like their current product and that current technique are a marginal seller. So yours won’t fare any benefit.
13. Your idea is outdated or possibly on the downswing in order to what will be coming out the following year.
14. They 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 if the company has already invested in molds, engineering, samples, etc prior into the Inventor contacting the company about their idea. This happens a lot. Inventors forget that they aren’t ones creating.)
15. They have received a comparable idea from another Inventor and are in negotiations with this Inventor.
16. You have posted your idea unprotected online in a of those InventHelp Invention Service posting sites where others vote on your products to see whether there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and turns it down in accordance to that give.
17. You posted your unprotected idea and video of the running prototype on youtube and have 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, but when they perform quick look on your patent they make it a point it has lapsed due to non-payment of fees and it’s been lapsed significantly after due marry. Making the chances of it being reinstated unlikely.
19. There’s a patent, truly was poorly written and also cover far more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a straightforward task, as a result they should expect very little protection avaiable for purchase.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize individuals. 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 already decided to the line for that year or go with 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 your item by no means been in production or sold stores or online. So that they really do not require to take the risk for being the first company to market it.
As I stated above these are only a few of the reasons your event may have your idea/product rejected by a company. Really take the time to do your research and understand your market, your place in that market and plenty of research part different yourself as marketable as possible.