Advice You - Internet and Businesses Online

So where can you get stock cheap enough to make a good profit for yourself on any auction site?

Well here are some of the places I have got stock from previousl

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

y.

Garage sales. The chances are you've gone most of your life seeing ads for these in local papers and flyers and completely ignored them. Start going to as ma

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

Examples of combination products may in

ny as you can. You won't find good things at every one, but when you find one person with good stuff, make them an offer for the lot - they'll be so happy about

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

it that you can get a real bargain.

Markets. If your area has a market, then go there and look around for anything good. Markets are great for low cost items o

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

items that are similar to top brand, quality items without the price tag! You could buy it there if it's cheap enough, or try to make friends with the market t

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

Combination pro

raders and find out who their suppliers are.

Pawn shops. Pawn shops don't usually know what to do with the junk they accumulate (unless it's jewellery, of cours

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

e). Generally, they put their stock out on the shelves haphazardly, hoping that someday someone with a little money will just happen to come in, search around an

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

d buy wildly obscure things. Get them to offer you a discount for bulk.

Real auctions. Go to a real auction, as the chances are that you can resell things for m

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

re than they will sell them. After all, they only have a few hundred people in that room ? you have a few million to sell to!

Local newspapers. Place an ad in t

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

he local paper that reads "I pay cash for [your item type]", with your phone number. If you can afford it, make it a big display ad, so it'll be noticed. You wi

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

ll get lots of great stock very cheaply.

Ad boards. Get one of those little ads in the grocery store. People are always wanting to get rid of stuff around the

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

Following aspects would a

house and ready for someone to come along and take the lot off their hands - sometimes you don't even need to pay for it!

Friends. Ask your friends if they have

dd to the challenges in developing combination products:

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

anything they'd like to sell you, and ask them to spread the word to their friends.

Become known. Give out business cards, mention to people what you do. The ch

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

ances are that you'll come across someone who'll say "Oh, really? I've got a load of [item] I don't want?."

Shops. This might be a little surprising, but some r

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

eal shops even sell things more cheaply than they sell on eBay. Take a look around your local deep discounter, and pay special attention to any shop that takes t

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

rade-ins from customers. The chances are they take a loss on trade-ins as a promotion, and are dying to get rid of that stock.

And finally: eBay! When you're lo

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

Professional from academic institutions, pharmaceutical industries, health care indust

king at the completed items view, you'll notice the massive range of prices that items can sell for on eBay. Try taking the highest-priced item and searching for

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

it on its own, then sort by lowest price first: I can almost guarantee that you'll see an auction for the same item where it sold for almost nothing. The trick

.

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

is to find these flawed auctions before they close, win them using a bid sniping service, and then turn around and resell the item.

After all that trouble, thou

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

Companies that provide selfless information through particip

gh, when do sell the item you might find that a buyer leaves you a feedback rating you just don't think is fair. The next email will show you what to do about it

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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During a coaching session I was doing this week we discovered that one of the problems the group I was working with was going through was that they were revealing too much information about the problems they saw, too early in the call. Over-divulging too much info is a cardinal sin of selling and here are some reasons why this is so.

This article is part one of a three-part series on checking the 'health' of your company. Exploring all areas of your company from cash-flow to leadership and what to look for in certain areas.

Instant Small Business Startup Guide, Help and Tools - Learn HOW TO start and operating your own business profitably in just 12 days and get all

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