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  • Just Other Articles - Tips for Trade Show Rentals

    Trade show rentals allow you more flexibility and the opportunity to change your booth with every expo if you wish. You can rent nearly any
    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
    booth components, from portable pop-ups to completely custom looks.

    Why is it advantageous to change your displays frequently? Your custome
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    rs will visit you at more than one expo to see what's new. It's important to be able to show new products or services and an updated look.
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    f you always have the same old thing for them to see, why should they keep stopping by?

    Renting trade show structures lends your company th
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    e flexibility to change often, showing customers that you keep up with the latest innovations. It's simply not cost effective to purchase ne
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    booth components for every show.

    Rentals cost approximately 10 to 20 percent of the price of purchasing new exhibits outright. Renting you
    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
    r exhibit also removes costs of cleaning, repairing, and storing your booth components.

    You don't have to refurbish your displays after eac
    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
    show if you're renting them. The exhibits come fresh from the vendor, in ready to use condition.

    And you don't have the expense and hassle
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    of storing bulky trade show booth exhibits if you're renting them. Instead, the vendor ships your rental displays before the show, and you
    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
    hip them back afterward.

    However, if you rent exhibits more than three or four times per year, it may be more cost effective for you to pur
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    chase a portable booth setup and re-use it for each show. Map out your costs for each option to find out whether renting exhibits several ti
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    mes a year is less costly for you than purchasing portable displays.

    Another good reason for opting in favor of trade show rentals is the f
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    exibility of signing up for different booth spaces, sizes or configurations at different shows. If this flexibility suits your business, the
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    n using a different rental exhibit that's appropriate for each expo is the best solution.

    Also, if two groups from your company exhibit at
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ore than one trade show on the same dates, leased exhibits are the answer for at least one of the shows.

    Renting your booth components also
    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
    means that less of your budget needs to be used for the purchase and maintenance of displays. Instead, you can increase your allotment for
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    romotional trade show giveaways, entertaining customers, hosting a hospitality event after hours at a trade show, and contacting customers b
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    efore and after the expo.

    However, there are a few disadvantages to using trade show rentals. If you aren't purchasing your displays, you'r
    .

    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
    restricted to the rental components available. And you aren't free to have the entire exhibit customized.

    When renting trade show exhibits
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    , check with the display leasing company for any hidden fees, or penalties if the show falls through and you don't need the rental after all


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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