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  • Advice You - Search Engines and Open Source, Primed to Take-Over Online Recruitment Game for Employers

    Not too long ago, job boards like Monster, CareerBuilder and HotJobs were primed to put newspapers out of business. Surprisingly, now it seem
    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 that search engines such as Google, MSN and Yahoo! are set to dethrone both newspapers and job sites.

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

    Examples of combination products may in
    for newspapers have been on a consistent downward spiral since the birth of the Internet, their grip on classified advertising has been a maj
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    r contributor.

    Particularly job postings.

    Since 1995, job sites have done an effective job of steadily taking dollars
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    way from a once almighty print monopoly. As a result, online job classifieds were poised to take down print listing who could never compete w
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    ith bargain basement price-points.

    However, another revolution was quietly occuring that today is poised to put job sites on the d
    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
    fensive.

    Search engines and Craigslist happened.

    Craigslist is, for the most part, a free service for online classifeds
    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
    By allowing to post jobs for free in all but three of its local markets, Craigslist has quickly become a site of choice for local job seeker
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    and employers alike. Even in markets where employers pay - New York, Los Angeles and San Francisco - prices remain well under $100 per listi
    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
    ng.

    Despite its low pricing scheme, Craigslist remains a very profitable business, generating millions of dollars with only 18 emp
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    yees.

    Search engines like Google, likewise, have discovered that providing free search content pays off as long as you provide tar
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    eted pay-per-click advertising.

    In light of this model, vertical search for jobs is taking off. First, with players like FlipDog
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    and GrassIsGreener, and now with players like SimplyHired and Indeed.com. Yahoo! - utilizing its HotJobs offering - is now aggregating job li
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    stings from all over the Net.

    As a result, most experts predict Google will soon launch a similar offering that allows users to ac
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ess job listings from a variety of sources, including job sites like Monster and corporate site listings.

    Google will provide the
    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
    ontent at no charge, while making money from its AdWords, pay-per-click model.

    Both Craiglist and search engines paint a picture o
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    commoditized job listings that eventually no company will have to pay big money to have accessed. Most likely, job postings will be driven t
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    o zero. Additionally, job seekers are primed to have a central point to access a large number of listings.

    As a result, it seems t
    .

    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
    at search engines (Google, Yahoo!) and low-priced open source solutions (Craigslist) hold the key to accessing job information in the future.
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip


    Where newspapers and job boards fit into this equation is anyone's guess.

    © 2005 Cheesman Group, LLC - All Rights Reserved


    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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