Many Inventors trying to make their product ideas promote are totally crushed by rejection. So, I thought I would supply a regarding some belonging to the reasons you can get gotten terminated. It does not cover every reason you have access to rejected, but hopefully it will give you something to look at.
You truly realize that inventing is fundamentally a numbers competition! Yes, you still need to enjoy a good idea but you will find that no matter how good an insurance policy you may believe it is you can still get rejected. Many marketable ideas are rejected all time. Even if it doesn't make sense to you that would likely reject an understanding that they agree would be profitable. Here are a couple common explanations why even marketable ideas are rejected.
1. This company may already have a full-line of products and not looking to add somewhat more.
2. Product or www.poweredbyvirtuemart.com service is outside their target market.
3. You sent your submission into the wrong part of the company - don't assume they'll automatically send it off to the right one.
4. You sent premise unsolicited without contacting the company first recognize their submission policy, in addition they rejected it solely on that essence.
5. You didn't have proper contact regarding your submission move. (That is one of the most effective mistakes Inventors make. The corporation will not bother to monitor you up.)
6. They've got too many similar providers that market is flooded enough.
7. Your idea interests a minimal niche market and besides mass market items.
8. Price of to manufacture versus the return on investment is just too high.
9. Your sales sheet in order to WOW them and lacked consumer benefits information or was overloaded with a lot information to sort through.
10. Your product has happened to be patented by someone else and they don't want to find out if they goes around it or risk infringement trouble.
11. Goods or idea isn't compared to what has already been on the market. This tells them you did not research your idea okay and don't have a clue who your competition is looking.
12. You sent a product that is just like their current product and that current product is a marginal seller. So yours will not fare much better.
13. Your idea is outdated or perhaps is on the downswing when what isn't too far off out the following year.
14. They already have a better solution than yours their 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 on the Inventor contacting the company about their idea. Goes on a entire lot. Inventors forget that they are not the only ones inventing.)
15. These have received a similar idea from another Inventor and are working negotiations with this Inventor.
16. You have posted your idea unprotected online in a of those invention posting sites where others vote on goods to see whether there is interest. Your public disclosure makes the concerned whether any patent ideas protection may allowed and turns it down depending that situation.
17. You posted your unprotected idea and video of the running prototype on youtube and possess a significant connected with hits. It can raises the concern whether any patent would be possible due to your public disclosure.
18. You stated which you've got an issued patent, but when they participate in a quick browse your patent they see that it has lapsed due to non-payment of fees and features been lapsed significantly over the due the present day. Making the chances of it being reinstated unlikely.
19. There are any patent, and it was poorly written and does not cover a lot more product. (This happens a lot)
20. It is easy to design patent and designing around your patent is a simple task, which means they should expect very little protection reviews for InventHelp sale.
21. Sometimes the company you have approached just doesn't look at outside ideas and doesn't publicize that fact. So you get a rejection letter, but won't matter explain they just do not look beyond the company.
22. You sent them your product but these have decided on their line for the year and therefore following year and are not open to taking on anything else at that time.
23. Simply consider items with a sales history they can review and then your item has never been being produced or sold stores or online. So they do not need to go ahead and take risk of being the first company selling it.
As I stated above these are just a few within the reasons abdominal muscles your idea/product rejected along with a company. Really take time to on your own and understand your market, your put into that market and plenty of research part become worse yourself as marketable maybe can.