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Just Other Articles - 5 Compelling Reasons to Choose a Wellness Opportunity
I actually have two separate online businesses -
1. Selling wellness products and
2. Selling digital information products (eBooks)
Because I can look at things from both perspectives, I often tend to compare the two businesses from the point of view of the "better" oppor
1. Selling wellness products and
2. Selling digital information products (eBooks)
Because I can look at things from both perspectives, I often tend to compare the two businesses from the point of view of the "better" oppor
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
tunity.
But if I were asked to recommend a single business as the best way to make a living online, the Wellness Business would win hands down.
And no, I didn't choose it because its easy. On the contrary, selling health supplements, vitamins and related products online i
But if I were asked to recommend a single business as the best way to make a living online, the Wellness Business would win hands down.
And no, I didn't choose it because its easy. On the contrary, selling health supplements, vitamins and related products online i
; 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
NOT easy.
Not only is there tremendous competition, but it simply can't be done by working two hours a day, as is the common perception.
If you sell wellness products, you have to deal with REAL people. People with human needs and problems.
You must be available in pers
Not only is there tremendous competition, but it simply can't be done by working two hours a day, as is the common perception.
If you sell wellness products, you have to deal with REAL people. People with human needs and problems.
You must be available in pers
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
n, or by phone, or at least by email, to clarify doubts, answer queries, be prompt and sensitive to your customers' needs and generally make your customer feel good about doing business with you.
You must also provide constant support, training and leadership to a growing
You must also provide constant support, training and leadership to a growing
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
rganisation of distributors, and help them grow their business.
This can be extremely time-consuming because few of these tasks lend themselves to complete automation.
A seller of digital products has it somewhat easier. (S)He need not even interact with customers, becaus
This can be extremely time-consuming because few of these tasks lend themselves to complete automation.
A seller of digital products has it somewhat easier. (S)He need not even interact with customers, becaus
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
everything from product delivery to answering customer queries can run on autopilot.
Digital product sellers can (and often are) literally sitting on a beach while their websites churn out profits.
Given these disadvantages, why would anyone still choose the Wellness ind
Digital product sellers can (and often are) literally sitting on a beach while their websites churn out profits.
Given these disadvantages, why would anyone still choose the Wellness ind
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
stry?
The reason I believe is because ANYONE, regardless of their talent or creativity, can actually make a steady LIVING for a lifetime in the Wellness industry.
And of course, there are a few who even go on to become millionaires.
Here are the reasons why I think Healt
The reason I believe is because ANYONE, regardless of their talent or creativity, can actually make a steady LIVING for a lifetime in the Wellness industry.
And of course, there are a few who even go on to become millionaires.
Here are the reasons why I think Healt
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
and Wellness should be the #1 Choice for Entrepreneurs online.
1. Health Products Fulfill a Basic Human Need
Health is a #1 concern for many people - often more important than even sex (also a top seller online) or food.
The lack of health can make you
1. Health Products Fulfill a Basic Human Need
Health is a #1 concern for many people - often more important than even sex (also a top seller online) or food.
The lack of health can make you
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
eel... well... lousy. And most people will pay their bottom dollar if they can find something that alleviates their pain or discomfort.
To put it more plainly, NOT buying an eBook will not make much difference to your state of mind or body. But not taking your prescription
To put it more plainly, NOT buying an eBook will not make much difference to your state of mind or body. But not taking your prescription
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
medication can make you feel very bad indeed.
2. Health Products are Consumable
Unlike digital products that can only be sold ONCE to a customer, vitamins, supplements and prescriptions require monthly re-orders or autoships.
Once people start using them
2. Health Products are Consumable
Unlike digital products that can only be sold ONCE to a customer, vitamins, supplements and prescriptions require monthly re-orders or autoships.
Once people start using them
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
and benefiting, more often than not, they will continue to use them.
If you treat your customers right, they will buy from you month after month, providing you with regular commissions and a more or less stable source of income.
There's usually no need to keep selling to
If you treat your customers right, they will buy from you month after month, providing you with regular commissions and a more or less stable source of income.
There's usually no need to keep selling to
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
hem again and again (barring the obligatory seasonal promotions).
If the products meet their requirements and you give them a good deal and great service, they will give you repeat business for a long time to come.
3. Your Income Grows Exponentially
When
If the products meet their requirements and you give them a good deal and great service, they will give you repeat business for a long time to come.
3. Your Income Grows Exponentially
When
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
selling a digital product (as an owner or an affiliate), your potential for future income actually DECREASES with every sale you make.
Unless you are among the few top marketers who can churn out a new product every month, or can earn more on back-end commissions, your pot
Unless you are among the few top marketers who can churn out a new product every month, or can earn more on back-end commissions, your pot
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
ntial for income will always be limited by your creativity.
In contrast, because most wellness opportunities also involve building an organisation, every product sale actually INCREASES your potential for future income, by growing your organisation of customers and potenti
In contrast, because most wellness opportunities also involve building an organisation, every product sale actually INCREASES your potential for future income, by growing your organisation of customers and potenti
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
l distributors purchasing every month.
If you help your downline earn a regular income, few will quit the business they have built so earnestly. Again YOU benefit from the RESIDUAL commissions that the organisation provides.
4. Wellness Opportunities have a High F
If you help your downline earn a regular income, few will quit the business they have built so earnestly. Again YOU benefit from the RESIDUAL commissions that the organisation provides.
4. Wellness Opportunities have a High 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
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
el-Good Factor
One of the main reasons that I suspect people stick around in the wellness industry is the feel-good factor. It can really make your day when someone calls or writes, telling you how wonderful your products made them feel. Or how it gave them their
One of the main reasons that I suspect people stick around in the wellness industry is the feel-good factor. It can really make your day when someone calls or writes, telling you how wonderful your products made them feel. Or how it gave them their
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
ife back. :-)
Even more than making money, the feeling that you have helped another person feel better is always a strong motivator in working your business.
I've no doubt it feels good when someone who purchased your eBook writes to tell you how it helped them succeed. B
Even more than making money, the feeling that you have helped another person feel better is always a strong motivator in working your business.
I've no doubt it feels good when someone who purchased your eBook writes to tell you how it helped them succeed. B
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
t I can bet it comes nowhere near the feeling you get when you help someone beat a life-threatening illness or conquer their pain.
5. The Need for Wellness Only Increases with Age
As we grow older, we want to work less and enjoy life more. We also want to
5. The Need for Wellness Only Increases with Age
As we grow older, we want to work less and enjoy life more. We also want to
.
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
live healthier lives and enjoy enhanced community interaction.
Wellness opportunities are ideally suited to seniors because they have the potential to fulfill all their needs, ranging from financial security to improved health and personal interaction.
Lastly, working a w
Wellness opportunities are ideally suited to seniors because they have the potential to fulfill all their needs, ranging from financial security to improved health and personal interaction.
Lastly, working a w
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
llness opportunity empowers you to take steps to improve your own health and well-being.
And do I even need to reiterate the oft-repeated quote that it will be the next Trillion Dollar Industry?
Copyright 2003 Priya Shah
And do I even need to reiterate the oft-repeated quote that it will be the next Trillion Dollar Industry?
Copyright 2003 Priya Shah
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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