Main Subject - Internet and Businesses Online

Reselling domain names can be a very profitable experience. I stumbled upon this little known money maker a few years ago when deciding to sell off my first domain. I knew that

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

I would not have the time to develop it, so I listed it at eBay for a starting bid of $9.00. (I figured I could at least make my money back from it!) I hardly did any prep work.

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

Examples of combination products may in

I did open up my Paint Shop Pro program and create a simple logo for the site, and included the logo in the auction description. Creating the logo took about 10 minutes, and anot

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

er 10 minutes for the auction description.

I listed it as a 5 day auction. The first few days went by with no bids. The fourth day my starting bid was met. (Remember, I went i

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 this NOT trying to profit.) I figured I would wake up the next day with the $9.00 in my Paypal account and I would start the domain transfer. Well, to my surprise, I awoke to

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

Combination pro

a BIDDING FRENZY and the final bid at OVER $160.00! All for a simple domain name! I half expected to not receive payment, but the winning bidder happily zipped over the $163.00

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

ayment via Paypal, which thus started my new money-making (obsession?) venture.

Now, I can't promise you a profit pull of that much, but it IS possible to take one domain name an

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

turn it into easy cash.

First, choose your domain wisely. I focus on mainly mom-based domains, but there are HUNDREDS of topics you can think of. Think of your own interests,

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

obbies, etc. I try not to choose domains with numbers or hyphens, although sometimes I do when it makes sense to (i.e. mom-to-be.com). I normally only buy .com domains, because

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

these are worth much more.

Secondly, get yourself a free or low cost photo editing software. I use Paint Shop Pro, which costs about $70, but you can get yourself a free trial at

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

www.jasc.com. There's plenty of other software that's just as good and free; just do a Google search. Get familiar with the software. Spend time making sample images, banners, a

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

Following aspects would a

nd logos.

Write a catchy auction ad! Be sure to include possible uses for the domain name. I've found this to increase the bids by up to 200%!

Post the domain sale on relevant

dd to the challenges in developing combination products:

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

message boards or discussion lists. Notice that I said "relevant". Do NOT spam your ad, or you'll find yourself unwelcome when returning. Read up on "ad posting days", or dig a

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

ound to find a forum where it's okay to post your sale. You can also post a short blurb about your domain for sale in your "Signature File" and post useful messages. (Useful!)

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

Remember that it's almost pure profit, so don't be afraid to start your bid price low (if you're auctioning off your domain). You can get a GoDaddy domain for $9.20 (or even lowe

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

; check my domain page for the newest coupons I've found). Starting your auction at $14.00 won't break you, and chances are (as long as you found yourself a pretty good domain na

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

Professional from academic institutions, pharmaceutical industries, health care indust

e), a few bidders will raise that price pretty quickly.

If you're outright "selling" your domain name, pick a fair price. Trying to get $1,000 for my-pickle-farming-biz.com seems

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

a little crazy, right? Believe it or not, there are sellers who actually start at such a crazy starting bid! (And FYI, I just made up that domain. I sure hope it's not a real one

.

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

) What would YOU pay for your domain? Factor that in when deciding on a fair price.

That's all of my domain selling tips for now!

For more hints on domain name selling, be sure

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

Companies that provide selfless information through particip

to visit my domain selling section at http://www.MomCash.com/domain-sales I've sold literally dozens and dozens of excellent domains, and have many more priceless tips to share

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/59305/mainsubjects-How-I-Made-Over-15000-In-Profit-With-About-20-Minutes-Of-Work.html">How I Made Over $150.00 In Profit With About 20 Minutes Of Work!</a>

BB link (for phorums):
[url=http://www.mainsubjects.org.ua/article/59305/mainsubjects-How-I-Made-Over-15000-In-Profit-With-About-20-Minutes-Of-Work.html]How I Made Over $150.00 In Profit With About 20 Minutes Of Work![/url]

Are you experiencing career burnout; Does it bother you that you simply do not care one way or the other what happens at work, you just do your job because they pay you and then go home and try to forget about it? Well then you need to get back into the zone in your career.

This article looks at some of the ways video production can be used in public relations to provide effective communication. It contains some examples of PR projects and bonus tips.

Everyday is a new experience, and a new lesson(s). Sometimes the lesson may come from a very trival situation. Let me tell you about my lesson about planning to win, from a Checker Game!

Tags

Links

Main Subject - How I Made Over $150.00 In Profit With About 20 Minutes Of Work!

Related Articles: