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Ever thought of entering the cell phone market? If you own a retail outlet or are planning to set up one, you could add cell phones to the list of items that you could trade in. These could be very profi

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

tably and harmoniously included into life style shops, boutiques and the like.

In today’s world, fashion centers on technology. So why not sell technology products through your fashion store? No, we are

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

Examples of combination products may in

not talking of selling computers and laptops. How about cell phones. Those are the cute little things that people carry around with them everywhere announcing who they are, or rather what they are. Sure

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

ly cell phone has transcended the mundane world of utilitarian objects and transformed into a kind of fashion statement of their own. Given the constant change in technology, it has also become incumbent

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

on the socially conscious elite to change their cell phones every now and then. Doesn’t that lend them the hallmark of fashion?

Convinced that your shop or boutique could house cell phones to great adv

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

Combination pro

antage? How do you go about bringing them into your boutique? For starters, you will have to approach a wholesaler for stocking your boutique with the item. Before you do that you’ll have to be aware of

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

a few facts about cell phones. What are the different types and models of cell phones available in the market? At what prices do they sell? Which are the ups markets ones? Where would you like to positio

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

your shop? These are some of the questions you will have to answer before approaching the wholesaler for negotiating the rates and terms.

The wholesale market has a huge variety of products to offer. I

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

t is essential that you are aware of the different companies that market cell phones and accessories, their products and prices, the type of service and support that they offer, and also about mobile ser

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

vice providers and their plans. These are the aspects on which you may have to offer guidance to your own customers. Since the wholesale companies usually employ qualified sales persons, you should have

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

no difficulty in getting this information, but since the market is so widely dispersed, you’ll have to put in some effort for this purpose. You can also collect information about which of the items are f

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

Following aspects would a

ast moving and which ones are slow, although this is information that you’ll have to verify from independent sources. You can also do your own market survey in your neighborhood.

Cell phones basically f

dd to the challenges in developing combination products:

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

all into two types - GSM and CDMA. There are a number of companies like Nokia, Motorola, L.G., and Samsung that manufacture both types of cell phones. Models and prices vary widely depending on the facil

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

ities and prestige value. Apart from having the basic facility of receiving and sending voice calls and SMS messages, cell phones in the market today offer a wide spectrum of functionality that cover ema

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

l, bluetooth, camera, data transfer and so on. Common cell phone accessories include cover, hands free attachment, keypad, and battery. While these are available in the market in plenty and at cheap rate

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

s, they usually do not carry any guarantee with them. Purchasing wholesale cell phones along with accessories can fetch good discounts to you. In turn you can make it attractive to your customers through

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

Professional from academic institutions, pharmaceutical industries, health care indust

special schemes that make it worthwhile for them to buy your products along with the accessories.

To enhance your value to your own customers, you should develop a good rapport with various manufacturi

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

ng companies and service providers. This will help you in acquiring a good knowledge base and provide better service.

Your store for selling cell phones should also consider the matter of ambience. Apar

.

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

t from providing a pleasant and tastefully made-up atmosphere, you should also ensure that your customers can easily access the models of their choice and try them out. Your sales persons should be knowl

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

Companies that provide selfless information through particip

edgeable and able to provide guidance and inspire confidence in your customers.

So what are you waiting for? Get in touch with the cell phone wholesalers and start your profitable venture in cell phones

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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