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Main Subject - List Building - Leveraging Your Traffic With List Building
List building for me is simply the process of leveraging my traffic. Thin 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 k about this. Imagine you are getting 100 visitors per day, and your conv ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ersion rate is 1%. You would be making one sale per day. Now imagine tha lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. instead of sending those 100 visitors per day to your sales page, you sen here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe d them instead to a squeeze page that about 50% of them opt in to. Now, y d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ou send each of those 50 to your sales page after they opt in. Also, ever 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 few days you send them an email recommending they go to your sales page. 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 Over time, you can get up to 5 or 10 visits from the same person – but ea nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ch of those counts towards your conversion rate. If your sales page conti 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 ues to perform at a rate of 1%, you may end up with 3-5 sales from the sam ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi e set of individuals who would have visited your site in the first place, ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a who would have likely produced 1 sale. So for me, list building allows me dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod o leverage my traffic, sometimes getting as much as 5 – 10 times the origi cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin nal traffic level I would have attained has I not used a list building squ tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen eeze page. So how do you do it? Create a squeeze page, wire it to your 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 utoresponder (I prefer to use a professional service rather than using one ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust on your own server), and start collecting opt ins. As soon as they opt in y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products , send them to your sales page. Next, send them content everyday for abou . 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 the first 10 days, then cut back after that. Send a referral to a sales elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip page once every 3 emails, but put a link to your sales page in every email 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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