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Main Subject - Build Your Social Network for Business
In a word, social networking is a means of developing relationships with potential business partners and customers. It can take place in a number of ways and is still in the infancy stage of its life s
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
pan.
PC Magazine defines social networking as "A web site that provides a virtual community for people interested in a subject. It provides a way for members to communicate by voice, chat, instant mes
PC Magazine defines social networking as "A web site that provides a virtual community for people interested in a subject. It provides a way for members to communicate by voice, chat, instant mes
; 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
sage, videoconference and blogs."
The key to social networking is in the building relationships with people with similar interests. All kinds of examples abound and the Internet is rife with sites tha
The key to social networking is in the building relationships with people with similar interests. All kinds of examples abound and the Internet is rife with sites 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.
target a specific community of interests or allow people to build their own.
Myspace.com is by no means the first social networking site. It has been preceded by many dating sites, business sites, an
Myspace.com is by no means the first social networking site. It has been preceded by many dating sites, business sites, an
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 other interest-targeted web sites. It is, however, one of the most popular web sites on the Internet, enjoying a higher ranking even that Google.
Ryze is another popular site for social networking b
Ryze is another popular site for social networking b
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
t geared toward businesses. Other business-minded social networking sites include Ecademy and LinkIn. Mediabistro is an example of an industry specific social networking site, focusing on the needs of
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
freelance writers.
But should you join one of these communities and, if so, which one is right for you?
I'm not going to create a glossy picture. Instead, I'm going to say you should be realistic in
But should you join one of these communities and, if so, which one is right for you?
I'm not going to create a glossy picture. Instead, I'm going to say you should be realistic in
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
your expectations. You can get business through social networkinig and it can be an effective marketing medium, but don't expect your inbox to be flooded with orders overnight. Furthermore, how you app
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
oach marketing through social networking is totally different than how you do it through other media.
The number of networking communities are numerous, more than one man can count. They vary in featu
The number of networking communities are numerous, more than one man can count. They vary in featu
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
res and amenities as well as focus. Some are simply for building social networks as in MySpace and Facebook, while others are better suited to building business networks. Some can be used for both and
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
any successful marketers do use them for both. Again, how you approach networking through this medium is different than through other media.
You don't want to blatantly advertise your product or servi
You don't want to blatantly advertise your product or servi
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
ce. That turns people off. You do want to build an exhaustive profile of yourself and your business, however. Here a few tips to how you can do that.
* First, be focused. Don't talk about your dog or
* First, be focused. Don't talk about your dog or
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
your goldfish named Sam. Write a profile that mentions who you are, the name of your business, what your specialty is, and who your target is. Hit it hard and quick, be specific and don't dally.
* Nex
* Nex
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
, include a photo. People like to know who they are doing business with.
* Link back to your business web site. If you have more than one, link to them all. You can also link to your blog and, by all
* Link back to your business web site. If you have more than one, link to them all. You can also link to your blog and, by all
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
means, include your e-mail address. If you don't do this, what is the point? You're networking for your business; link back to your web sites.
* Invite people to visit your profile page. On MySpace yo
* Invite people to visit your profile page. On MySpace yo
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
can visit other people's MySpace page and invite them to be your friend. Do this but don't just invite anyone. Invite people you think you might like to do business with. Then go an comment on their p
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
ages and send them a nice, short, friendly e-mail thanking them for helping you build your network.
* MySpace also allows you to send bulletin board messages to everyone in your network of friends. Do
* MySpace also allows you to send bulletin board messages to everyone in your network of friends. Do
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
it, but not often. Some people go overboard with this and spam the board. That's annoying. Don't do it. But every now and then send an invitation to try your ezine, or purchase a product. Promote your
.
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
elf in a friendly, non-pushy way.
* Every networking site is different. Take some time to learn the features of the site you are using. Get comfortable with those features and use them to build your n
* Every networking site is different. Take some time to learn the features of the site you are using. Get comfortable with those features and use them to build your n
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
etwork.
If you use the social networking sites correctly, people will want to do business with you. Don't be pushy, be friendly. And let people know what you can do for them. But most of all, have fun
If you use the social networking sites correctly, people will want to do business with you. Don't be pushy, be friendly. And let people know what you can do for them. But most of all, have fun
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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