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Turn Any Product You Sell Into Residual Income By Joseph Tobiasz http://EarnLargeIn

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

come.com The concept of this is for you to offer a subscription type product as an up

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

Examples of combination products may in

ell or backend product. For example, if you're selling an ebook for $37 offer a subsc

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

iption to a related e-zine for $9.95 a month. Instead of an e-zine, it could be monthl

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

y updated information for the ebook.

It's not just for e-books, you can make it work

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

Combination pro

or any product or service you sell. Some subscriptions that might work for your produ

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

t could be:

- e-mail/telephone consulting
- a private or members only web sit

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

e
- print newsletters/magazines
- product updates
- subscription warrant

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

es
- product insurance
- e-zine/webzines
- the ideas are endless.....

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 subscription product should be related to the product or service you're selling.

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

You could charge a weekly, monthly, or yearly subscription for the upsell product. Yo

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

Following aspects would a

u could sell your main product and upsell product as a total subscription package dea

dd to the challenges in developing combination products:

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

. You wouldn't charge the one-time price for your main product; you would just charge

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

he basic subscription price of the upsell product.

The major benefits are that you do

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

n't have to keep creating new upsell and back end products. Once you get enough subsc

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

ibers you won't have to sell anymore, you just keep generating income from your curre

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

Professional from academic institutions, pharmaceutical industries, health care indust

t subscribers. You would only have to sell again if you lost a lot of subscribers.

It

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

took me years and I made a lot of mistakes before I realized that I was marketing on

.

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

the Internet in all the wrong ways. I hope that many Internet Marketers will read w

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

Companies that provide selfless information through particip

at I have to say and skip many of the trial and errors that I have made in the past

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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