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Just Other Articles - Make Money On eBay - Is It Really A Buying Mistake?
If you make a buying mistake – accept your buying mistake, the resulting loss (AND YOUR LESSON), and then move on. However, what if it isn’t a buying mistake? Wha
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
t if it is problem with the listing? To make money on eBay, you need to quickly investigate and then take appropriate action. If it is a problem with the auction
; 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
isting, that problem needs to be corrected so that a sale will happen.
If you have made a buying mistake, and now own item(s) that will not sell on eBay, then qu
If you have made a buying mistake, and now own item(s) that will not sell on eBay, then qu
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ck action is required. There are two keys things about every buying mistake.
• The first step is to learn from the mistake. Understand if you made an error in in
• The first step is to learn from the mistake. Understand if you made an error in in
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
estigating the potential popularity of the item, if the marketplace changed, or if it was something else.
• The second step is to turn that mistake back into cas
• The second step is to turn that mistake back into cas
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
as fast as possible. Use whatever means you need (No minimum auction, bundle and sell at wholesale, or another method.) to sell the product. Use the proceeds for
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
the sale to purchase products that will make money on eBay.
However before you assume it is a buying mistake, be sure that you have exhausted all of your selling
However before you assume it is a buying mistake, be sure that you have exhausted all of your selling
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
options. That includes verifying every aspect of your eBay listing. For example:
• TITLE
Start with the title.
o You are allowed 55 characters. Did you use the
• TITLE
Start with the title.
o You are allowed 55 characters. Did you use the
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
all?
o Did you use the best title information?
o Did you use the most widely-known name/description?
o Is the message clear?
o Did you provid
o Did you use the best title information?
o Did you use the most widely-known name/description?
o Is the message clear?
o Did you provid
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
the key facts/data about what you are selling?
• DESCRIPTION
Next examine the item description.
o Is the information clear and easy to understand?
o Di
• DESCRIPTION
Next examine the item description.
o Is the information clear and easy to understand?
o Di
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
you include a thorough description of the item.
o Were all of the features listed?
o Were flaws accurately describer? There needs to be a balance in t
o Were all of the features listed?
o Were flaws accurately describer? There needs to be a balance in t
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
he description that is used for a flaw or defect. Be totally honest and accurate, but don’t scare every prospective buyer away. If the product is so bad that it s
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
ares everyone away, do not sell it on eBay.
o Was shipping information included?
o Do you have a guarantee? Is it clearly stated in the description?
•
o Was shipping information included?
o Do you have a guarantee? Is it clearly stated in the description?
•
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
HOTO
Photos are important.
o Is the photo clean and in-focus?
o Is the lighting good?
o Have you minimized distractions in the background?
o Does
Photos are important.
o Is the photo clean and in-focus?
o Is the lighting good?
o Have you minimized distractions in the background?
o Does
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
the photo clearly depict the item that you are selling?
o Have labels, tags, packages been included? (This is especially important on high-end items.)
• PRI
o Have labels, tags, packages been included? (This is especially important on high-end items.)
• PRI
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
ING
Establishing fixed prices or reserve prices that are too high is a problem.
o Did you look at other recent auctions for similar items.
o What amount d
Establishing fixed prices or reserve prices that are too high is a problem.
o Did you look at other recent auctions for similar items.
o What amount d
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
d similar items sell for?
o Is your reserve price too high when compared to recent sales?
o Is your ‘Buy It Now’ price too high when compared to recent
o Is your reserve price too high when compared to recent sales?
o Is your ‘Buy It Now’ price too high when compared to recent
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ales?
It is important to take a moment and carefully check the listing information. Often being in a hurry, or just forgetting how important the listing is to th
It is important to take a moment and carefully check the listing information. Often being in a hurry, or just forgetting how important the listing is to th
.
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
sale results in the omission of information that will be critical to selling an item. Don’t immediately assume that the item is just ‘wrong’ and will not sell. I
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
vestigate and make sure that you have taken the right steps to create a listing that will sell your product for the highest possible amount.
To Your eBay Success
To Your eBay Success
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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