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Advice You - Starting Your Own Online Auction
EBay. What A Great Idea. Why Didn't I Think Of That?
EBay is the result of a brilliant idea. In fact it has become a phenomenon. In m
EBay is the result of a brilliant idea. In fact it has become a phenomenon. In m
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
any households the word "eBay" threads its way through common language.
"Hey Joe. How have you been? Sold anything on eBay lately?"
It has become a p
"Hey Joe. How have you been? Sold anything on eBay lately?"
It has become a p
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
art of our culture because it gives so many people what they want. Whether you are on the buying or selling side of the street eBay has something for y
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ou. It is great for almost everyone.
But it is an especially good idea for eBay. Why? Because eBay does not do the hard work. You do. You are the one
But it is an especially good idea for eBay. Why? Because eBay does not do the hard work. You do. You are the one
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
who...
- finds the products
- negotiates the price
- stores inventory
- takes care of the packaging and shipping
- stand
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
s behind product quality
EBay supplies the internet traffic and receives a small fee for its efforts. Perhaps more importantly... eBay owns
EBay supplies the internet traffic and receives a small fee for its efforts. Perhaps more importantly... eBay owns
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
the traffic.
What If You Started Your Own Online Action?
What? Compete With EBay?
Absolutely not. Do not try to go head to head wit
What If You Started Your Own Online Action?
What? Compete With EBay?
Absolutely not. Do not try to go head to head wit
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
eBay. But consider this... you are already doing the heavy lifting. You are already doing the hard part. What if you could own the internet traffic to
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
o? What if you could invest in your own business instead of eBay's?
How? Carve out a niche unique to you. Build an information rich website that gives
How? Carve out a niche unique to you. Build an information rich website that gives
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
people more than an opportunity to buy and sell.
The main commodity on the internet is information. That is why we surf the net. We want to know. By
The main commodity on the internet is information. That is why we surf the net. We want to know. By
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
creating a content rich website you can become the expert that provides information for your target audience.
In fact, do more than become the expert.
In fact, do more than become the expert.
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
Share your knowledge friend-to-friend with others who have similar interests and passions. Since you have common interests you will be able to anticip
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ate your visitor's wants, objections, and fears. As your traffic grows your readers will come to trust you more and more as an expert. They will become
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
more inclined to follow your advice. And why shouldn't they? They trust you. They even like you.
Your website is not a sterile environment where thin
Your website is not a sterile environment where thin
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
s are bought and sold. It is more like a fraternity where people come together with a common interest. And part of this fraternity involves a place for
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
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
your online auction where you specialize in products specific to your niche audience.
There is a much greater benefit to your customer. But there is
There is a much greater benefit to your customer. But there is
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
also a greater benefit to you. You are no longer investing in another online auction company. You are investing in yours. It is your business. It is yo
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ur online traffic. It is your niche. If someone wants to be a part of that niche they must come to you.
Of course having an auction is not your only o
Of course having an auction is not your only o
.
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
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
pportunity. Once you own the niche (internet traffic) you can offer your customers other products and services. Anything useful to your visitors can be
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
come a part of your offering.
Perhaps you are happy with using eBay. But that is more like having an e-Job. Wouldn't it be better to own an e-Business
Perhaps you are happy with using eBay. But that is more like having an e-Job. Wouldn't it be better to own an e-Business
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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