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Main Subject - How to Stay in the Forefront of Your Customers' Minds
Have you ever noticed that people get incredibly happy whenever you unexpectedly think of them or do something for them? It doesn’t matter if it’s 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 related to your business or personal life. Take Oprah Winfrey for example. At a live event a few years ago, she mentioned how she loves to purch ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ase makeup whenever it’s “Clinique Bonus Time” as she gets a gift. Here we have a woman worth over a billion dollars who she loves receiving the c lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. heap little makeup bag with f*ree blush and lipstick, in colors she will never wear, just because they are F*REE. F*ree gifts, particularly those here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe that are unexpected and just “show up” go a long way in reminding your clients that you are thinking of them – even when they’re not paying you to! d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro I recently spent two weeks in Hawaii. While there, I picked up a t-shirt for a special client and also got one for her 2 ? year-old-son. It 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 n’t cost much, it didn’t weigh anything (I even mailed it from Maui so I wouldn’t have to think about it), but it was unexpected and meant a lot to 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 my client (and to her son). With the holiday season fast approaching (sorry, but it’s true), think about what you can send your clients as a “than nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically k you”. This year, I’ll be sending Thanksgiving Day cards to all my clients as a “thank you” for being my client – can you think of a better time 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 to say “thanks”? While I’ll also be sending holiday cards, I fully expect them to get buried with the onslaught of holiday cards that tends to arr ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi ive each December. If you sell widgets, you can send a coupon for a f*ree item with a $50 purchase. If you sell services, you can send something ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a related to what you offer. Are you stuck? Send a gift card: Starbucks, book stores and Dunkin Donuts (in the Northeast) are all good choices. Pl dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod us, with so many shopping online these days, an Amazon.com (or any online retailer) gift card is a great option. Still stuck? You can always find cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin something at either Harry and David (www.harryanddavid.com) or tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ://www.daleandthomaspopcorn.com">Dale & Thomas (www.daleandthomas.com). Don’t think it needs to be expensive or unique. It’s amazing how 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 can change someone’s day just by giving them the unexpected. I even get happy when receiving the sample pens that arrive every few months – it’s a ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust pleasure to receive something other than a bill or solicitation in my mailbox! Need to send several things without breaking the bank? Check out < y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products a target="_new" href="http://www.orientaltrading.com">Oriental Trading Company (www.orientaltrading.com) for inexpensive goodies that you can s . 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 end out to everyone on your list. Gifts and goodies are an inexpensive way to help with client and customer retention – remember it’s much less ex elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip pensive to keep an existing customer than it is to get a new one. This is a great and simple way to stay at the forefront of your customers’ minds 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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