Advice You - Business

Following the rapid growth of the Secret Shopping industry, recent years have seen myths abou

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 this job circulating on the internet, local papers and other forms of mass media. If you ar

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

Examples of combination products may in

e a Secret Shopper aspirant, it is imperative that you learn to differentiate between the fac

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

ts and fiction associated with this industry.

Many people, inspired by Ads on the Internet a

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

nd other sources, are of the impression that Secret Shopping can lead to the road to riches,

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

Combination pro

hich is totally false. Secret Shopping is only meant to be a part-time job that enables you t

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

o earn a little side income. Earnings, for example are rarely more than $20 to $40 per assign

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

ment.

Secret Shopping is not only about the shopping, traveling or getting free gifts. Thoug

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

h you normally don’t need prior experience, having customer service experience, good communic

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

ation and writing skills are a must to become an effective Secret Shopper. Personal qualities

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

like patience, practicality, punctuality etc are also equally important. Therefore, Secret Sh

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

Following aspects would a

opping is a more serious job than most people assume it would be.

Another fact Secret Shoppe

dd to the challenges in developing combination products:

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

r applicants should know is that genuine Secret Shopping Companies do not charge registration

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

, application or training fees. If you come across any Ad that requests money for information

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

or other fees, never respond. This could be the work of some potential scammers, especially

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

f they refused to divulge information about their identity.

Secret Shopping is not an easy j

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

Professional from academic institutions, pharmaceutical industries, health care indust

ob where you can make money shopping and drinking coffee all day. Assignments can be tough es

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

pecially with bigger business setups because crucial management decisions are made according

.

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

to the evaluation reports you submit. This means that a Secret Shopper has to observe and pay

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

Companies that provide selfless information through particip

close attention to every detail at all times, which is not exactly a totally stress-free job

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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