Tags |
|
|
Links |
|
|
Subjects - From Novice to Expert
I have been involved with MLM and home based business for over 15 years now. I have been fortunate enough to build several large organizations that, to t
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
his day, still continue to pay me.
I have noticed several stages that people go through when the originally get started with a MLM.
If you can identify
I have noticed several stages that people go through when the originally get started with a MLM.
If you can identify
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
which stage that you (or your downline) are in, it may be helpful to you to grow your business.
The First stage is Initial Excitement.
We all remember
The First stage is Initial Excitement.
We all remember
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
that time that we were first excited when we got that starter Kit in the mail. That initial excitement of the possibilities. We were flying on the air.
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
The Second Stage is Friends and Family.
This is the stage where we finally get up excitement and courage and we actually go out and start talking with
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
some of our family and friends about the opportunity that we have just gotten involved with. Some people never even make it to this stage. Many people if
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
they do reach this stage get shut down quick because their friends or family are not interested in their product or service.
The Third Stage is Lead Ge
The Third Stage is Lead Ge
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
neration.
This is when people have started to realize that maybe the friends and family thing isn't enough. They come to the conclusion that they are go
This is when people have started to realize that maybe the friends and family thing isn't enough. They come to the conclusion that they are go
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ng to have to present their opportunity to literally hundreds if not thousands of people. Most people (if they even reach this stage) are actually purcha
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
sing leads from a third party source. They have created an additional expense of purchasing leads, and most likely are spending a lot of time physically
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
calling those leads one by one. Now there is nothing wrong with that, the truly successful in MLM are contacting a lot of people by phone with some sort
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
of "prequalified leads"
Many people will never even reach this stage in their mlm. They will lose interest, or realize that it is too much work, or just
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
will give up.
The Fourth Stage is Creating Your Own System
Most successful MLM'ers that I have talked to have created their own marketing system. What
The Fourth Stage is Creating Your Own System
Most successful MLM'ers that I have talked to have created their own marketing system. What
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
that means is they are creating their leads from scratch on their own. This is not an easy thing to do. Many times these successful Gurus are working "ou
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
tside" of their uplines "suggestions" and not doing things in the typical ways. These people have developed skills outside of the normal. They have figur
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
ed out how to develop a "squeeze" page to collect contact information. They have learned some good copywriting skills. They understand that they must pro
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ide VALUE to their contacts. They have developed a system that is theirs and theirs alone. They have learned how to sell THEMSELVES first, and then their
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
opportunity.
It's quite a thing when you are able to do that. People learn how to create value, offer people what they are really wanting, and then the
It's quite a thing when you are able to do that. People learn how to create value, offer people what they are really wanting, and then the
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
rest come naturally. It is free and easy to learn this stuff? Absolutely not. It takes time, effort, energy and money... More importantly it takes heart
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
, character, and the willingness to do whatever it takes.
As always would love to hear your comments questions, or concerns about anything that we write
As always would love to hear your comments questions, or concerns about anything that we write
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.subjects.org.ua/article/30346/subjects-From-Novice-to-Expert.html">From Novice to Expert</a>
BB link (for phorums):
[url=http://www.subjects.org.ua/article/30346/subjects-From-Novice-to-Expert.html]From Novice to Expert[/url]
Related Articles:
Five Ways to Improve Your Bottom Line
Bookmark it:
|