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Advice You - Why Use eBay?
I started using eBay a few years ago and have had many different accounts with them, I have been a power-seller and a full time buyer with eBay. This is not only the worlds #1 marketplace to find go 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 od deals, but you can make a nice second (or if you are good) a full time income selling things from home. eBay is like a massive flea market, but with a small twist, you come and look for what you ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in are interested in buying and only bid or buy things that are suited to your needs, much like a flea market. So, as my title here states, why eBay and not some other auction site? Well, here is the lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. lain truth, eBay holds the eyes of millions of users for online auctioning, much like google does for the search engine, yahoo for mail accounts and myspace for finding friends... When you do a sear here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ch for anything online, you go straight to google, it has set the standard for internet searching and gives you the best results. Yahoo is still #1 free mail provider and millions of people use thei d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro service including myself, I have 3 mail accounts on yahoo. Myspace has risin in the last few years as the place to go to make friends online... Folks, these services aren't going anywhere anytime s 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 oon, so you might as well be a part of them. I have tried selling on yahoo and other auction sites, but they cannot compete with ebay, yes the fees are starting to get out of control (and personall 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 I think the owner needs to stop before he really screws things up), but all in all, this is the site anyone who is anyone comes to to buy or sell things online, this is THE site to make your online nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically business start. Anyone can sell on ebay and if you have the knowledge, you can make a good living on it if you play your cards right. Selling on eBay can be a total pain in the arse if you don't k 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 ow what to do or are just starting out. If you are worried about people not bidding because you have a low score, get some feedback first buy buying things, get your feedback up to about 20 or so th ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi en start selling. It's not hard to make money online using eBay, but beware of the selling fees, they can kill your business, that is why you see outrageous shipping charges, these sellers want to c ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a over their fees. I cannot complain about someone charging $3 to ship a CD because I have been there and know EXACTLY why they charge that amount. eBay will charge you a minimum of $0.20 to list an dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod tem (as of now), then add a final value fee (about 3%).. Oh, ON TOP OF THAT... another 3% from any paypal transactions, which by the way, is also owned by ebay.. so they are taking a minimum of 6% o cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin f your sales plus a fee just to list it whether it sells or not. So, basically I am saying if you are wanting to sell on eBay, make sure you are ready to take the losses with the profits, running a tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen usiness on eBay is not as easy as most people think. It is very frustrating and time consuming. A lot of people think eBay sellers are lazy and I have to disagree whole-heartedly because I have don 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 e it and it it not as easy as it seems. You have to collect your money and make labels, whether it be a profit or loss, then package up the product and head to the post office with an arm-load of me ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust chandise and hope they get it to the buyer (yes, I've had people steal my products from the mail and it was probably a crooked mail-man, then here comes a big refund to 15 or 20 people...). So yes e y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products Bay has it's ups and downs, but you can make some extra income selling items you pick up at a yard sale for twenty five cents and resell it for $5... All in all, I do not hate eBay, but I wish the . 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 ees were not so high, being charged 25-35 cents an item does get expensive if the items do not sell, then relisting them cost you another fee (unless it sells the second time, which is just another elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip way to bribe you into relisting it), I do not like the new owner of eBay, that is a fact, he is scamming sellers left and right, but all in all it is a good site to make money from if you know how.. 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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