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Main Subject - Get The Sale By Not Over-Selling
When the customer is ready to buy, do not tell more than necessary. Yet how many t 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 imes have customers been put off by sales people who should know better? I would ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in like to relate two experiences when sales people nearly lost the sale through "tel lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ing too much". In the first case, a direct marketing representative was selling 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 health food to a customer. The representative never bothered to find out the cust d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro mer's background and instead went into the product benefits - that it was supposed 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 to remove free radicals from the body, was scientifically proven and had many tes 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 timonials from satisfied customers. A simple check on the Internet would have reve nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically led that the customer was a qualified chemist. The customer was not only annoyed b 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 ut exceedingly bored by the sales spiel. He only sat through the presentation to n ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi te where the direct marketer got it wrong. In the second case, a customer who wan ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ted to buy a foreign language training kit went to the marketer's office where the dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod marketer insisted on giving a product demo. What the sales person did not know wa cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin that the customer had already read up on the product and was very familiar with i tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ts features. She was very busy and only wnted to buy the kit and take it home imme 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 iately. Unfortunately the sales person missed all the cues and insisted on explain ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ing every little detail about the language course, its superiority over other simi y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products lar courses, and how to take care of the tapes. So before you go into the sales p . 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 tch, whenever you can do find out who the customer is, and whether the customer is elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip already "ready to buy". By keeping this in mind you will not lose the "sure" sale 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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