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  • Just Other Articles - Think Strategically With Your List Building

    In my previous article I talked about some mailing message tips for list building. In thi
    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
    s article I’ll talk about how to think strategically with your list building.

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

    Examples of combination products may in
    rategically

    Remember I said at the start of this article series that List Building i
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    like a game of chess and you need a strategy to win the game.

    Well what I mean is you n
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ed to think outside the box. Your first aim is to get people to opt-in to your list. One
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    f the best ways to do that is to offer something for free.

    Offer an Incentive

    OK
    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
    So we’ve got our opt-in form on our website or blog. Is that all we need to get people t
    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
    sign-up to our list?

    Whilst the opt-in form is obviously essential it is not the most i
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    portant element in building a list. You need to give people a compelling reason to sign-u
    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
    .

    So during your research you need to also look for incentives you can offer to your own
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    lists. These can take many forms: a newsletter, a tip sheet, a really hot article, possib
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    y even a bonus from a merchant or discount.

    It is not as hard as you may think to create
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    a simple ‘how to’ guide to go with a product or service offering, so be creative.

    Whatev
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    r it is you are offering, it must be both relevant and compelling.

    You may well have had
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    to pay for that free offering, either with your time an effort or real hard cash.

    You ma
    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
    use Adwords to drive traffic to your blog or website in order to get people to opt-in. T
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    at will cost you. Right now, would you consider paying for an Adwords campaign that drive
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    people towards a free offering?

    Don’t get obsessed with getting an immediate return 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
    ny investment you may have made. Think longer term, think strategically.

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

    Companies that provide selfless information through particip
    ily possible to make a loss ‘up front’ and then recover it many times over ‘down the line


    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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