Main Subject - Business

What better way to gain a new customer than by getting something you ne

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

ed in return? The following are tips to help you use bartering correctl

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

Examples of combination products may in

y, and make it a good experience for both you and who you are bartering

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

with.

1. Make It Fair
Be sure you are both trading a fair value

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

including shipping. It may be neccessary to trade more than one product

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

Combination pro

/service or issue a gift certificate for the remaining amount.

2. Need

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

s Only
Only barter if they (or you) need the product or service

3

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

. Keep Records
Keep a good record of your barters. Treat it just a

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

s you would an actual sale.

4. Communicate
Keep in good contact w

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

ith the person you are bartering with, both durring and after the trade

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

.

5. Be Specific
Be specific on what you have to offer and what y

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

Following aspects would a

ou want. You don't want to be wasting your time (or other's) answer req

dd to the challenges in developing combination products:

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

uests to products/services you don't need.

6. Look for Barters in Appr

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

opriate Places
There are several different ways you can seek out w

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

hat you need. Visiting message boards/groups making announcements in ap

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

propriate catagories is one way. Many sites also have a special section

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

Professional from academic institutions, pharmaceutical industries, health care indust

just for bartering. A few of these sites are:

http://www.momsmarketon

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

line.com
http://www.dotcomwomen.com
http://www.wahmnetwork.

.

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

com
http://www.bizzymommyswah.com

Be sure to look at the current

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

Companies that provide selfless information through particip

barters listed to see you have a match.

7. Most importantly, have fun!

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.mainsubjects.org.ua/article/31396/mainsubjects-7-Tips-for-Bartering-Products-and-Services.html">7 Tips for Bartering Products and Services</a>

BB link (for phorums):
[url=http://www.mainsubjects.org.ua/article/31396/mainsubjects-7-Tips-for-Bartering-Products-and-Services.html]7 Tips for Bartering Products and Services[/url]

Secret Shoppers are people hired by companies to evaluate the quality of work and customer service in a particular industry. A secret shopper works freelance and anonymously, posing as a normal everyday shopper, and submit a report to the management at the end of the day. Secret Shoppers are usually employed by large retail, department stores, restaurants, manufacturers and theaters etc.

An impending redundancy from his well paid corporate job in the banking industry left Geoff Alexander pondering his career direction. Rather than apply for other corporate roles, he used the experience as a catylst to follow his entrepreneurial aspirations. In October 2004 he established his own marketing company. Out of that he spawned the idea for a separate online company called BeautyandHealth.com...

We're all familiar with the importance of our computers having a dependable operating system, if for no other reason than we may have experienced the contrast of NOT having one. Operating systems are foundational to building a strong practice and life on purpose.

Tags

Links

Main Subject - 7 Tips for Bartering Products and Services

Related Articles: