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Main Subject - Max Your Online Income by Adjusting Your Biz & Mindset Now
Can you feel it? There is a new and exciting trend that is
going on right now, and for those with the wisdom to see it
and the ability to act upon it, fort
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
unes are being made, and
made fairly quickly!
What is that trend? Well to see it clearly you need to go back to 1997 with me for just a minute. Back in 97
What is that trend? Well to see it clearly you need to go back to 1997 with me for just a minute. Back in 97
; 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
when I
first started earning nearly all of my income online there
was a different trend. Back then many $10, $15, and $25
monthly programs begin to appea
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
r, and they were fairly
popular with the online crowd. There was a mad rush for the
creators of these programs to get their systems set up for
launch.
Wh
Wh
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
o would be the next infoprenuer? These plans grew and
grew not so much in size but in quantity on the web. Soon
there were too many, and the weaker ones be
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
gin to disappear,
and that is still happening.
Back in 97 we had a $69.95 program that did very well. The main product was web hosting, and we still have
Back in 97 we had a $69.95 program that did very well. The main product was web hosting, and we still have
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
a few folks
that have those same hosting accounts with us today. We
offered an affiliate program that paid more than the
$19.95/month programs paid, and s
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
o we grew.
As cheaper and cheaper hosting appeared, our affiliate program was dwindling. By that time there were not many $19.95 programs left anymore (at
As cheaper and cheaper hosting appeared, our affiliate program was dwindling. By that time there were not many $19.95 programs left anymore (at
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
least not good ones) so we
set a Good one up, and the members came. Fairly quickly we
had over 1,000 members. The support was a nightmare, but the
money
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
was fairly decent (we also had many other things our
affiliates could sell and earn profits on, and a few other
web bizs that did well too).
It only took
It only took
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
a few years of online experience and
entrepreneurs and affiliates realized that they could work
just as hard to sell a $29.95 item and earn a $5 or $10
co
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
mmission as they could a $1,000 or more item and earn
Hundreds. That it took about the same amount of time, money,
energy and effort to do either. So which
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
one would you work?
So the current trend is that folks want something to offer, and the more passive the better. BUT, they would like it to be a decent s
So the current trend is that folks want something to offer, and the more passive the better. BUT, they would like it to be a decent s
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
ize sale and commission.
In his now famous book, Rich Dad, Poor Dad best selling author Richard Kiyosaki states over and over that to become what he consi
In his now famous book, Rich Dad, Poor Dad best selling author Richard Kiyosaki states over and over that to become what he consi
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
ders rich, you need to have a business that
runs itself. So that no matter if you are there or not the
business goes on earning income for you.
The net of
The net of
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
fers what I feel like is the best opportunity
for the small guy to get a biz like that going. There are
many ways to build passive income, but by far the w
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
eb is the
least expensive, and has unlimited potential. So look for
something that you can earn a nice commission with, get your
site set up and traffic g
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
oing to your site, and you might
just get there.
Kiyosaki also claims that if you truly want to be wealthy, and you have expenses of say $2,000 a month, t
Kiyosaki also claims that if you truly want to be wealthy, and you have expenses of say $2,000 a month, t
.
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
hen when you
get an auto pilot biz that earns you $2,000 or more a month,
you are there.
My question is, do you want to do that $10 at a time, or say sev
My question is, do you want to do that $10 at a time, or say sev
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
eral hundred or even thousands at a time? Believe it
or not, it will take the same amount of effort per sale
whichever route you choose! You make the call.
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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