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Main Subject - The Easiest Home-Based Internet Business
Writing and selling "how-to" e-books is a very popular Internet business model, and rightfully so. Here are the top 10 reasons why you should consider getting i
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
nto this business:
1. Work From Home
You can sell your e-book on the Internet, so all you need is your computer with Internet access. You don't need to
1. Work From Home
You can sell your e-book on the Internet, so all you need is your computer with Internet access. You don't need to
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
have an office - you can do everything from home in your spare time.
2. Set Your Own Hours
You can spend as much time as you want on this business. Yo
2. Set Your Own Hours
You can spend as much time as you want on this business. Yo
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
can take it slowly and spend only a couple of hours per day writing and promoting your e-book. Or you can do it full-time, creating and selling multiple e-book
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
s and building a huge Internet empire. You set your own hours and nobody tells you how much to work. The choice is yours.
3. Huge Profit Margins
E-boo
3. Huge Profit Margins
E-boo
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
s are delivered electronically – customers download them to their computer once you receive their payment. There is no shipping or printing cost, which means th
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
at the profit is 100% yours.
4. Automated Income
Once your website, payment processing and e-book downloading are set up, your business can run with alm
4. Automated Income
Once your website, payment processing and e-book downloading are set up, your business can run with alm
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
st no intervention from you. The only thing you need to do is drive traffic to your website. Once people start visiting your site, some of them will decide to
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
buy your e-book. Since everything is electronic and automated, sales will happen at any time – even while you sleep.
5. No Inventory Hassles
You don’t
5. No Inventory Hassles
You don’t
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
need to stock any products or deal with boxes, packaging and shipping – and no trips to the post office!
6. Very Low Startup Cost
To write an e-book, th
6. Very Low Startup Cost
To write an e-book, th
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
e main cost is your time. However, with proper guidance and speedwriting techniques, you can create a saleable e-book in less than 1 week. Since e-books are el
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ectronic, there is no printing cost. Other costs are webhosting (under $20/month), creating a simple website (can be under $100) and payment processing (free se
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
up). This makes it one of the cheapest businesses to start.
7. Ease Of Entry
Anyone can write an e-book. You don’t have to deal with any publishers or
7. Ease Of Entry
Anyone can write an e-book. You don’t have to deal with any publishers or
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
agents, and don’t need to depend on anyone but yourself. No approval processes, bureaucracy or red tape.
8. Full Control Of The Product
If you are in
8. Full Control Of The Product
If you are in
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
business of reselling other people’s products, you don’t have any control over those products. You are basically putting the livelihood of your business into o
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
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
ther people’s hands. Having your own product (in this case, an e-book) gives you complete control over the product itself, pricing and marketing.
9. No Face
9. No Face
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
To-Face Selling
People will decide to buy your e-book based on the information you provide on your website. If you are the kind of person who hates direct
People will decide to buy your e-book based on the information you provide on your website. If you are the kind of person who hates direct
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
sales, face-to-face contact and talking on the phone, this is a perfect business for you. Everything is done through the computer, so you don't have to talk to
.
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
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
r see anyone.
10. Positioning Yourself As An Expert
Being an author carries a lot of clout. It doesn't matter how long your e-book is – most people are
10. Positioning Yourself As An Expert
Being an author carries a lot of clout. It doesn't matter how long your e-book is – most people are
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
impressed by the mere fact that you've written something. Having your own e-book will help you get established as an expert in your field and gain credibility
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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