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Advice You - Make Money On eBay and Protect Your eBay Business by Imitating the Weatherman
Protect your eBay Business by Imitating the Weatherman
I recently read a book about twelve very successful eBay sellers who had taken
I recently read a book about twelve very successful eBay sellers who had taken
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
their annual sales into the six digit range and beyond. It was quite inspiring, and so out of curiosity I thought I would look them up
; 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
n eBay and check out their current operations. Much to my surprise, a few of these successful eBay sellers were no longer in business!
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
he book I read was only a couple of years old, so what could have happened to these missing sellers and more importantly, what could th
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
y have done to avoid their fate?
Anyone who has been selling or buying on eBay for any substantial amount of time can tell you it’s a
Anyone who has been selling or buying on eBay for any substantial amount of time can tell you it’s a
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
changing marketplace. For every Platinum PowerSeller who goes under there are a thousand or more average sellers who abandon their eBay
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
businesses. Is their failure something which could have been predicted? Was there anything that could have kept them from being broadsi
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
ed and thereby folding their businesses? Are there any tools to help an eBay seller effectively forecast the changes which might affect
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
his business?
We’re all familiar with the television news weatherman. He forecasts the weather so news viewers can plan their activiti
We’re all familiar with the television news weatherman. He forecasts the weather so news viewers can plan their activiti
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
es. His forecasts allow them to decide what plans to make for the weekend. Without the weatherman and his tools, we might show up at th
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
beach when a tsunami arrives. We might plan to mow the lawn when a thunderstorm is eminent.
So can the weather teach us a lesson for
So can the weather teach us a lesson for
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
ur eBay business? Are there eBay tools in existence to help us predict the changing tides of the eBay marketplace? Just like the weathe
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
man tracks the signs of nature, we can track the signs of the marketplace. We can track the signs by watching our competition.
Has our
Has our
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
competitor taken on a new product, and is it doing well? It’s possible a new trend is emerging and we can become aware of it by spying
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
on our competition. Or has something stopped working for our competition, something we’re doing as well? If we take a look at what is h
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
ppening with our competition, we may be able to predict the winds of change that are headed for our own eBay businesses.
We may be too
We may be too
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
close to our own businesses to objectively see what is going on, but we can view our competitor as an uninvolved third party and clearl
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
y see what is working or what needs to be changed.
Just like the weatherman predicts the weather by spying on Mother Nature, we can pr
Just like the weatherman predicts the weather by spying on Mother Nature, we can pr
.
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
dict upcoming changes in our eBay business by spying on our competition. Whether it be manually or with eBay auction software, spying o
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
them is a must.
If we are not aware, we are likely to be broadsided and share the fate of so many sellers who close up shop each year
If we are not aware, we are likely to be broadsided and share the fate of so many sellers who close up shop each year
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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