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How many times have you heard this line? Unfortunately there are hundreds of people selling the “best” ways to make a ton of money on eBay. The truth

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

is you can make a lot of money on eBay. There is not some secret formula or one way to do it.

In this article I will offer tips that could help you

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

Examples of combination products may in

r eBay selling. I believe the single most important thing you can do is to sell something you know. If you have a hobby or job that is related to you

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

items, you would be very knowledgeable about your product and reduce research time.

If you do not have a hobby or job that is related to anything y

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

ou can sell, do a search with the completed auction listings in the categories that are of interest to you and see how these things are doing. You ca

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

Combination pro

also check the Hot List on eBay that will give you a break down of the hot selling items.

Research articles on auction forums or auction informatio

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

n websites. There is a wealth of information out there that is free. Check out the forums that are on eBay. These can give you information just by r

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

ading what other sellers are talking about.

If possible, try to find a niche product. An example of this is Ham Radio. I hold an advanced class amat

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

eur radio license. The United States Federal Government issues this. I got out of the hobby and decided to sell my radios. I sold every radio with no

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

problems. Amateur Radio Operators (hams) are a specific group, looking for specific items. This makes selling so much easier.

Once you find the item

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

(s) that are right for you concentrate on customer service. Make sure that all the items you ship are properly protected with bubble wrap or styrofoa

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

Following aspects would a

m spacers. I do not like packing peanuts because they are messy for the customer. Do not use newspaper for packing material. It does not work that we

dd to the challenges in developing combination products:

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

l and just looks bad.

Once you have your item packed properly make sure you ship it promptly. Customers will appreciate this and remember you. Comm

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

unication with the customer is very important. As soon as you can contact your paying customer and let them know exactly when you are sending the ite

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

(you should indicate this in your auction.) After you send the item contact them again and tell them it is on the way. Little things like this can g

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

ive you repeat customers.

So where is the real money? The real money is in supply and demand. If you have something that is in demand it will sell.

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

Professional from academic institutions, pharmaceutical industries, health care indust

f you don’t it won’t. I know this is basic business, but it seems a lot of people have lost site of this for the quick, easy buck. Long lasting sales

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

don’t happen over night. Market saturation also plays a big role.

The best approach to make “real money” on eBay breaks down like this: Know your

.

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

roduct, research it and its sellers on eBay (how many, how much), use the recourses I listed above. There are reels of information on selling and buy

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

Companies that provide selfless information through particip

ing on eBay on auction information websites, make your customers happy (good shipping, communication)

Knowledge is power. This is your greatest tool

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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