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Going out of ideas to grow your online buisness? Just Open Your Eyes!Many a times, we scratched our head trying to fig

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

ure out how to get more traffic to our online businesses without creating a big dent in our pocket. Maybe it is time,

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

we look beyond the online world for clues.

Three common ways of doing marketing and advertising

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

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1. Advertise wherever you can When was the last time you saw an advertisement? Was it a bill board at a jun

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ction? Or a sign board on top of a tree? Or a banner between two boats? Or a sticker on the electrical distribution bo

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

x? Or a small LED screen on the gondola? Or a small LCD while waiting for your lift? Or a radio while you are driving?

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

Or a bulletin board while you are waiting for a bus? etc etc etcYou have the message, advertisement can appear anywhe

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

re in the offline world. It can also be applied in your online world. Anywhere that you can find a place. Be it your s

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

ignature in your email, a banner at your website, a sentence at another site, a small corner of an ebook, etc etc etc.

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

Be Creative and you will think of many places.

2. Do Joint Ventures When was the last time that you were surp

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

rised that merchant cross sell each others' products? Have you noticed petrol station selling burgers? Car mechanic se

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

lling phone cards? Watch retail shop offering photocopy services? etc etc etcWhether the products compliments each oth

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

er or not, as long as it helps you to make more money, JUST DO IT.

3. Offer FREE Gifts When was the last time

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

you were given a FREE gift? Common, when you apply for credit card, you get one. The same applies with housing loan. H

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ow about when you go to an event launching, do you receive door gift? How about when you pump petrol, do you qualify f

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

or some discounted price items? etc etc etcPeople just loves GIFT, especially if it is FREE.Let your mind free, whatev

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

er that you can give, just give it. Work together with others to offer Joint Promoton, whatever products that is not a

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ppreciated in your industry might be very sought after in others' market. Offering FREE gift does not hurt you, you mi

.

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

ght be surprised about how effective it is in attracting traffic.

In appreciation of you reading this article, please

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

claim your FREE Passive Income Guide written by m

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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