Main Subject - Business

Have you ever wondered what teleclasses are all about? And have you ever wondered how exactly you could use them to grow your business and make money?

Do you remember the last time you decided to schedule a workshop in to your diary? If your diary is

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

anything like mine, it probably needed military precision. The kids may have been shipped off to your neighbours to allow you beat the morning traffic. You may have spent an hour or so on Google maps, trying to make head and tail of the one-way system

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

Examples of combination products may in

and where the best place was to park. And not to mention the indecision of what you were going to wear - is it going to suits or could I get away with jeans?

I know for a fact, that a few ladies I have spoken to recently admitted to being "too busy" t

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

make the time for learning something new. "Frankly, Karen, I just lack the confidence to go to a workshop where I may have to admit in public that I don't know very much" was one comment I got. But surely that is why this lady needed to go and learn 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

out what it was she felt she knew nothing about.

And I believe this is why teleclasses are proving more and more popular in today's business community. A workshop or a class that is held via the phone, allows us to fit in an hour here and an hour ther

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

Combination pro

without all the organisation of childcare, travelling time and dress-stress.

I am not suggesting that teleclasses will ever replace the need for face-to-face human interaction. Human connection is essential when you are running your own home based bu

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

siness - we would go mad talking to the cat all day, wouldn't we? But teleclasses are appearing more and more in businesses’ offerings and many of you reading this may be able to think about how to use the teleclass structure to help promote yourself A

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

D make additional revenue streams.

These are my top 10 ways of possibly using teleclasses to help get you clients and make money.

1. Offer a free introduction to your services. What better way of reaching out to groups of people without the ne

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

d to hire rooms, spend money on refreshments or even handouts. Invite your newsletter readers to phone in at a particular time to listen in to your "Top 10 tips on - whatever your expertise is." This is especially useful for the coaches and consultants

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

out there who are selling themselves on a one-to-one basis.

2. Record your teleclasses and build up an audio library to have on your website. Great for reputation building and getting web visitors to hang around.

3. Go that one step further

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

and sell your audio recordings as downloadable products. A simple passive revenue stream that can be automated.

4. Interview a leading expert in your field and invite your prospects to listen in. If you are running a wine tasting business,

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

Following aspects would a

your client base may be interested in a quick 20-minute interview with one of the top wine growers in the country. And why not charge for it?

5. Offer quick 30 minute How-To Guides on your latest products. You may be running an online community

dd to the challenges in developing combination products:

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

magazine or local advertising directory and by giving a group guided tour over the phone, directing them through a website possibly, you could be bringing your product to life and people may understand the benefits better.

6. Hot Seat Sessions.

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

These are great for experts who may be PR specialists or website designers. Invite your prospects to phone in and you will be there to answer all their burning questions about the problems they may be experiencing. You may get a few freebie hunters,

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

ut by sharing your wealth of knowledge, people will trust you and be more inclined to spend money with you to buy the full service that you offer.

7. Get your audio recordings transcribed. Wow - instant e-book :)

8. Design accessible group

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

rogrammes. If you are selling one-to-one support, for example as a nutritional therapist or image consultant, you may like to consider group programmes that could be delivered by phone. It can bring your rates down to capture prospects who couldn't

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

Professional from academic institutions, pharmaceutical industries, health care indust

afford your one-to-one fees as well dramatically increasing your overall hourly rate. Design a workbook to run along side if you still want to work with visuals.

9. Get podcasting. We often talk faster than we can write. So if writing articles

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

isn’t your thing then record yourself talking on a particular topic for 5 or 10 minutes. Bingo. An instant downloadable audio recording that can be fed through your blog, by email or direct to someone's MP3 player.

10. Actually, I only intended to hav

.

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

a top 5 and I can't quite believe that I came up with 9. Writing this article has just proved to me that there are plenty of opportunities for you to use teleclasses to promote your business and make additional revenue.

So, what's next? Where do you

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

Companies that provide selfless information through particip

o from here?

If you want to take action but the how-to aspect of running teleclasses is proving overwhelming, then you need to follow this link http://www.businessforumsforwomen.com/events_detail.asp?pk=30 to read more. Make 2007 the year of the audio

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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