what to do with an invention idea – https://lev1than.tumblr.com/post/183866937948/10-famous-inventions-that-were-the-particular. Many Inventors trying to give their product ideas to market are totally crushed by rejection. So, I thought I gives a report on some of this reasons you should have gotten cast off. It does not cover every reason you can get rejected, but hopefully it will give you something to.
You wish to realize that inventing is fundamentally a numbers game! Yes, you still need to get a good idea but you will find that in spite of how good an idea you might think it is you can still get rejected. Many marketable ideas are rejected all the time. Even if it does not make sense to you that they would reject an example that they agree is usually profitable. Here are some common reasons why even marketable ideas are rejected.
1. This company may now have a full-line of services not looking to add more.
2. Makes use of is outside their marketplace.
3. You sent your submission into the wrong an associate the company – don’t assume they’ll automatically send it right one.
4. You sent viewed as unsolicited without contacting firm first to check their submission policy, and they rejected it solely on that trigger.
5. You did not have proper contact information on your entry. (That is one of the most effective mistakes Inventors make. An additional will not bother for you to trace you up.)
6. They’ve got too many similar providers that companies are flooded plenty of.
7. Your idea draws a very small niche market and desire mass market items.
8. Value to manufacture versus the return on investment is simply high.
9. Income sheet in order to WOW them and lacked consumer benefits information or was overloaded with a lot information to sort because of.
10. Goods has recently been patented by someone else and don’t want to determine if they should go around it or risk infringement problems.
11. Goods or idea isn’t compared to what is already on the market. This tells them you did not research your idea very nicely and don’t own a clue who other sellers is in the market.
12. You sent a service or product that is strictly 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 Your idea is outdated or perhaps is on the downswing compared to what is departing from out a year later.
14. They have a better solution than yours their works for release that coming . (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 into the Inventor contacting the company about their idea. Transpires a entire lot. Inventors forget that they are not the sole ones creating.)
15. These have received to correct idea from another Inventor and are in negotiations with that Inventor.
16. A person posted your idea unprotected online a single of those invention posting sites where others vote on goods to see if there is interest. Your public disclosure makes the actual concerned whether any patent protection will be allowed and turns it down depending that send.
17. You posted your unprotected idea and video of the significant prototype online and have a significant involving 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, yet if they perform quick search on your patent they discover that it has lapsed due to non-payment of fees and has now been lapsed significantly past the due date. Making the chances of it being reinstated unlikely.
19. You have a patent, and it was poorly written and does not cover a lot more product. (This happens a lot)
20. You will have a design patent and designing around your patent is a simple task, meaning that they should expect very little protection that can be found.
21. Sometimes the company you have approached just doesn’t from outside ideas and does not publicize i’m not sure. So you get a rejection letter, https://wine-bby.tumblr.com/post/183789490790/patent-pending but it doesn’t explain they just don’t look outside the company.
22. You sent them your product but these have decided their very own line for that year together with following year and are not open to taking on anything else at period.
23. They only consider items with a sales history they can review nicely item by no means been in production or sold stores or online. In order that they do not want to go ahead and take risk to become the first company advertising it.
As I stated above these are a few within the reasons you can have your idea/product rejected with company. Really take the time to do your research and understand your market, your put into that market and study part become worse yourself as marketable as is feasible.