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  • Advice You - Your Online Marketing Budget

    Contrary to what you are being told you can’t make money online without spending some. I know there are millions of sites that say differently but this article is about truths not fiction, so let’s take a look at a typical budget needed to make money online.

    There are many marketing strategies to pick from and depending on which you choos
    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
    e will determine how much you might need to budget for your project. The strategy I’m going to talk about today involves building a network of mini sites. This is a very popular strategy for marketers trying to make money from Google AdSense and Affiliate programs.

    I’m not writing this article to give you a step by step guide to building
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    mini site network, I just want you to understand what the costs are if you choose this strategy. This way you will at least know upfront what type of budget you will need.

    1- The first thing you’re going to need to purchase is an e-book from one or two reputable Gurus that will explain the concept of building niche mini sites. You can ex
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    pect to pay around $39.97 each for a good e-book.

    2- These books will explain to you how to do Key Word research to determine the demand for your niche. This is very important and a step that takes a lot of time but can not be skipped if you every plan on making money. There are a number of good software programs that make this research a
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    little less painful and you can expect to pay around $197.00 for a good one.

    3- Once you choose a profitable niche to build a site around you will need to register a domain name for your site. Skipping ahead a little bit you need to understand that the way this strategy works you will be building many sites, so you will need a domain name
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    for each. Some of the most successful marketers using this concept have hundreds of mini sites. For the purpose of setting a budget we’ll figure you will start off with building just 10. You won’t get rich off of ten but the idea here is to keep building them and after a few years you will end up with enough to possible make a good incom
    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
    . That is if you do it right and you pick the correct niches and key words to build your pages around. So if we figure 10 per year you will be spending around $100.00 per year to register 10 domains. Remember each of these domain names need renewed so this is an accumulative expense that is ongoing.

    4- Then you are going to need to pur
    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
    chase a hosting account to host you web sites. This gets a little tricky. Yes you can purchase what is called a re-seller hosting account that will allow you to put all 10 domains under one account. The problem here is if one of your sites gets penalized by Google for one reason or another, this is a big footprint leading them to all the
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    est of your sites. The best way to go is purchase individual accounts for each domain name and spread that out among a couple of hosting companies is best.

    On other thing to consider is if you plan on using any automated software to help you build and or drive traffic to your sites ( you should), one of your hosting accounts should be a s
    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
    hared virtual server account. These types of hosting accounts give you the recourses you need to run these programs. Cheaper accounts will probably shut down these scripts for using to much recourses

    So to do this right you will need at least one $49.00 per month SVS account and the other nine can be $15.00 per month accounts so that wou
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    d be a total of around $184.00 per month for ten mini sites.

    5- You will need to purchase software to build and edit web pages. I use Microsoft Frontpage… I just did a search on it and it looks like you can buy it for around $89.00.

    6- Next thing your going to need is software to help get you traffic and help get your pages indexed by t
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    e search engines. You can go nuts here because there are so many Gurus selling software to fit this bill, that if you bought it all you would need to rob a Brinks truck. You will probably end up spending around $600.00 to get stared. Sadly this is the part of the game that never ends, due to the ever changing Net, but for the purpose of
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    this article we will only list this expense once. Just understand you need to add money to your budget on an ongoing basis to keep up with the changes.

    7- The gold is in the list, so you are going to want to get people to sign up to your mailing list. There are various ways to do that, but once you get them to sign up you will need an aut
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    mated system to send them information. You can expect to pay around $18.00 per month for a good basic auto-responder account. You need to be careful here because not all auto-responders are created equal. If you want your messages delivered you need to stick with a replicable company.

    8- Next you need to figure out how to get good content
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    for your key word pages. Each site should be made up of fifty pages or more… many sites have hundreds of pages. Each page should have an article based on the key word of the page. This means you need at least fifty articles per site. If you have no problem writing these articles yourself then you won’t have much of an expense, but if you
    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
    re not comfortable doing that you’ll need to decide how to get these articles.

    There are many article directory sites that you could get free articles that other people write and allow you to place on their site as long as you leave a link to their site in the article. This is one way of doing it, but with the new worries about duplicate
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    content filters that the search engines seem to be adding it might not be wise to have all of your pages made up of other people’s articles.

    One other way to add unique content to your site is to hire a ghostwriter which will cost you about $5.00 per article. If you were to purchase all of your articles it would cost you about $250.00 for
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    a fifty page site.

    I’m going to figure you do half and half… you use other peoples articles for twenty-five pages and you purchase twenty-five.

    So let’s total this up so far and see what our budget is.

    Two e-books = $79.94
    Key Word software = $197.00
    Domain name registration = $100.00
    Hosting $184.00 per month
    Frontp
    .

    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
    age = $89.00
    Software for traffic generation and automation = $600.00 plus an ongoing upgrade
    Auto-responder = $18.00 per month
    25 articles x 10 sites = $1250.00

    So or ten sites you’re going to have a total cost of: $2,517.84 to get started and then $202.00 per month just for the basics. You should figure another $300.00
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    er month for continues education and new software.

    Those basic expenses are never mentioned on any of those sells letters of the Gurus marketing sites. They all try and make you believe that if you purchase the one thing they are trying to sell you that is all you need. Now that you are armed with the truth you can make a better decision


    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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