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  • Advice You - 21 Simple Ways To Make More Money From Your Current Clients, Part 3

    It is easier to make additional money from your current clients than it is to go out and find new ones! See 21 simple ways in this three part article series.

    Part Three:

    15. Follow-up with your customers to see if they'r
    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 happy and offer them another product.

    Use your autoresponder script or subscription to send a follow up message 2-3 days after they have purchased and make sure they are happy with the product.

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

    Examples of combination products may in
    e of account or script are: Getresponse or AWeber, for examples of an autoresponder company.

    Or a self-installed script like a custom version of QuickPayPro, which has the sequential autoresponders plus the shopping cart
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    etc., or a simpler script like Autoresponders Unlimited if all you need is the autoresponder part and not the full shopping cart.

    Another thing to add in the message to make sure they are using the product (Especially an
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    book) is to ask how they liked a specific chapter's information. With software, it could be a specific feature or action the software performs.

    For example, with an ebook you could say, "So how are you enjoying that tip
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    n chapter 4? Did you save as much money as I did when I used this method?"

    They will have to go to the ebook and see - especially if you can add something like the part where I said "did you SAVE as much money as I did?"!
    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


    How will they know:

    a.) What you did
    b.) How much you saved
    c.) What the method was

    Unless they read the book?

    16. Offer people a free sample of your product and tell them they will get a discount if they or
    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
    er now.

    For an ebook it could be the first couple of chapters or chapters that don't give away all your "secrets". For software it could be a 30 trial or a version of the software that doesn't have all of the features ena
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    bled.

    17. Send your customers a "thank you" e-mail with a back end offer attached.

    Send this one immediately or 1 day after purchase. Remember the follow up email asking how they like the product/ebook/software/video, et
    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
    . will be going out on day 3 or 4.

    The offer should optimally be related to an enhancement of the product they just purchased. But not the "new and improved" version of the same product!

    More like selling tea pot covers
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    o tea pot buyers, bookmarks to book buyers and video viewing software to video buyers... get it?

    18. Offer your customers add-on products like gift wrapping, batteries, imprinting, etc.

    Think about complimentary items th
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    at enhance your items such as:

    * Presentation or looks

    * Ease of Use

    * Beauty

    * Features

    * Speed

    * Bells and Whistles

    * Longevity

    * Widen Appeal to larger group of people

    * Emotional Attachment (Personalization)

    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    nd so on.

    19. Allow your customers the option of signing up to your "future product offers list".

    I know some online business persons who have a "Early Bird" notice list. Subscribers get notified early of these special m
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    embers' only deals!

    They are basically asking you to tell them when they can buy the next product (or affiliate product / recommendation) from you! Who would want to turn that down?

    20. Explain to people that for extra m
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ney, they can extend the guarantee or warranty of the product.

    This is self explanatory for anyone who has ever been to Sears, Best Buy or Circuit City! Every single purchase you make from those stores comes with an offer
    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
    of an extended warranty. It is the easiest way to increase your profits by 10% that I know of!

    21. Give rewards instead of money for ezine referrals.

    There are scripts that you can install that will do this for people wh
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    o send you referrals for your ezine or site. It tracks the clicks and the subsequent hits by the same person to the thank you page.

    Obviously they signed up if they go from the sales page to the thank you page - right?

    T
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    en it would record the referrer and every month (or quarter, etc.) you can give rewards, bonuses, or commissions to the top 5 or 10 referrers. Don't run it like an affiliate program where everyone gets the reward, you sho
    .

    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
    uld already have an affiliate program in place. No, run this like a contest to build up the competitiveness of it!

    You want them WORKING to send you people so they are in the top 5 or whatever you set as your payout level
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    .

    Well, that's it, 21 Simple Ways you can Make More Money from your Current Clients.

    If you have any other ways, send them to me and I will post them in the Ebooks for Ebusiness Blog with your name and your web site link


    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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