Main Subject - Business

One of the things that tells you are being successful in your online marketing efforts is an increasing number of emails from nay sayers, spoilers and people who are just down right rude.

I 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

ecently received one from an IT expert who was independently well off thanks to stock options and profit sharing. He mocked MLM people as "bottom feeders" and said, "I mock MLM as a business

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

Examples of combination products may in

odel." Probably very easy to do when you're loaded thanks to stock options, etc - just hope his company doesn't go the way of Enron!

To be honest I mock most other business models as an inef

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

icient and sometimes down right unethical way to do business. Example one:- Small family in china produces components for a larger company for a tiny margin, large company then sells product

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

to a wholesaler, wholesale then sells it to a foreign wholesaler who then sells it to a retailer who sells it to the consumer. Now this is a basic model - sometimes the middle men can be muc

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

Combination pro

more numerous. Either way the original producer gets screwed and the consumer gets screwed thanks to the number of middle man. This is even worse in the agricultural industry. Go to a farm

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

r and ask him how much he/she gets for a liter of milk, a ton of potatoes, etc - it will shock you! They get a pittance of the final shelf price. For farmers to continue to rely on the big m

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

ultinationals to do the right thing by them is the seriously flawed business model as they continue to be driven to the wall. I MOCK TRADITIONAL BUSINESS MODELS.

The worlds biggest MLM is th

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

international illegal drug market - although they trade in evil and death they are a huge network of people from poppy fields in Afghanistan to street sellers in western cities - the high est

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

mate is that the world wide industry is $500 billion. The alot of money for what is an MLM. Should MLM still be mocked as a business model?!

Multi-level marketing and network marketing is f

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

und throughout the business world. Real Estate agents, Dealerships, and many other 'traditional' business often have levels of reward depending on number of sales, sales people below you, etc

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

Following aspects would a

The internet abound with affiliate programs that are multi-leveled to reward affiliates not only for product sales, but also if they bring in new affiliates.

Why is MLM so hated by the trad

dd to the challenges in developing combination products:

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

tionalists? One it represents a threat. It means a load more competitors. It puts products profits into the hands of the consumers. It means less sales bonuses for them and less margins fo

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

the middle men. It means the wealthy can lose control of markets that they previously dominated. Who would you be more scared of - another multi-national with a sales team of 100 people, or

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

a MLM with 100,000 non-professional sales people? Genuine people power has always frightened those in control of both the power and the purse strings. Why would you give the profits to the

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

onsumer instead of the share holders? Of course it rattles their cage - it threatens their very existence. Instead of a CEO earning millions for doing nothing, he/she would actually have to

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

Professional from academic institutions, pharmaceutical industries, health care indust

et out there and prove that they could sell a product to be successful. Hugely frightened for someone relying on their degrees and old tie network to get ahead.

Multi-level marketing and net

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

ork marketing is also hated by the traditionalist because it frees people from slavery to a forty hour working week. They love people to be in credit card debt. They love people to HAVE to g

.

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

to work to survive. They love people having big mortgages. They love people being CONSUMERS. They don't want consumers to turn into producers. It spoils there party. They don't want peop

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

Companies that provide selfless information through particip

e to be free to from the "traditional" working (slavery) model.

At the end of the day it doesn't matter what the naysayers say about MLM, the only thing that matters is can you succeed at MLM

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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Charity is possibly the best way to support the downtrodden. These days there are several non-profit charitable institutions across the globe that are working in different areas with an objective to help people in need and work for their development. Helping with the rehabilitation of victims of natural disasters, child education, and women empowerment are some of the different responsibilities taken up by these organizations. These charities mainly depend on donations by the well-to-do section of society and government grants in order to function and continue with their social service.

Are your projects consistently missing estimated completion dates? Do project management stakeholders always seem to ask for and get more, more, more, while project sponsors won't change the project completion date?

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