Advice You - Business

How's your relationship?

I'm not prying into your personal life, so no need to worry. it's just that lately I've noticed something about most network markete

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

rs which got me thinking.

Let me start with some background on these thoughts I had. One of the reasons an internet business seems so attractive is becau

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

Examples of combination products may in

se of the ease with which you can communicate. This lends itself well to marketing, and in particular network marketing.

With me so far?

So we all jump 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.

nto network marketing and mlm style business opportunities online to seek our fortunes, but this is where it all seems to go wrong.

The thing I've noticed my

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

elf and a lot of others doing online is just promoting our businesses.

We don't build relationships.

Network marketing is about networking with others, and

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

Combination pro

I have heard it referred to as relationship marketing. But are we doing enough to build those relationships?

A recent example was a new style messaging sys

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

tem I was introduced to at http://www.profitmessaging.com/invite.php?f006bcd3bb . There you can invite "buddies" to message you, and add other buddies from 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

e system to your buddies list. Then you can send them all a message safely from within the system. An Ideal opportunity to build a relationship or two.

I

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

nstead of getting to know each other, almost everybody jumped in and sent each other an advert for their business.

The result?

No one reads any messages.

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

No new relationships are formed.

It becomes another wasted opportunity to form relationships. There were one or two more savvy marketers who attempted to bui

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

d relationships, but their efforts got lost in among the hundreds of "make more money than you can spend" ads.

In our personal lives we create many relati

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

Following aspects would a

onships, but for some reason once we start an online business, we forget to speak to people and instead send ads through the machine. We stop building rel

dd to the challenges in developing combination products:

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

ationships with people.

This has got me thinking, and I am going to try to break some habits, and start marketing myself, instead of the opportunities I am i

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

nvolved in.

I'm going to start building relationships.

It won't be easy, almost every other article, or ebook seems to be about how to promote your website,

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

or your business, but rarely how to promote relationships. But it is possible, and we have all the tools to start building relationships.

For starters, we a

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

ll have email addresses whhich could be used to start a conversation with someone. We have instant messengers, Yahoo, MSN and AOL to name a few, you can even

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

Professional from academic institutions, pharmaceutical industries, health care indust

use the software from Imvite http://www.imvite.com/dougyt which has a payment plan built in and can access most of the other networks anyway. And then ther

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

's Skype http://www.skype.com for voice chat which is as clear as a telephone, and free to download.

So we have the tools to form relationships, lets start

.

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

doing it.

It can only be good for business to get to know each other and form friendships, partnerships, and trust. In the offline world you wouldn't dream

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

Companies that provide selfless information through particip

of greeting a new potential customer by saying "Earn Millions Today" so lets stop doing it online.

Doug Titchmarsh
Online marketer, and real life person

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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Last week people in my network referred three different people who were at three different stages in their careers. What struck me was how similar my response to each of them was. Building and maintaining good relationships is important to every career. How do you start the process? How can you use the relationships strategically?

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Advice You - Are You Building Relationships Online?

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