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Main Subject - Webhosting Reseller Programs - Look Before You Leap!
So, you're considering reselling and you need the straight scoop on it?
There are so many hosting companies, all claiming to be the best deal, and all telling you that you'll make more money reselling their services. Who's to trust? Which is best?
Hopefully you have ques
There are so many hosting companies, all claiming to be the best deal, and all telling you that you'll make more money reselling their services. Who's to trust? Which is best?
Hopefully you have ques
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
tions about the business itself. How does this all work? How do I set my prices? How do I market the product? What works? What doesn't? Who is my competition?
My name is Larry Dozier, and I am part owner of a primary web presence provider business. In real English, that m
My name is Larry Dozier, and I am part owner of a primary web presence provider business. In real English, that m
; 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
eans I partially own and operate a web hosting company. I started out in the Hosting Industry by reselling accounts for another company. Today, we operate our own servers and have a reseller program of our own.
This has given me a unique view of both sides of the resellin
This has given me a unique view of both sides of the resellin
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
g coin.
How you choose to run your reselling business will depend, primarily, on how you answer the following 3 questions:
1. Will reselling be your primary or secondary focus?
2. Once you sell a hosting account, will you retain control of the website it houses? I.e., y
How you choose to run your reselling business will depend, primarily, on how you answer the following 3 questions:
1. Will reselling be your primary or secondary focus?
2. Once you sell a hosting account, will you retain control of the website it houses? I.e., y
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
u are the designer and will maintain the site.
3. Will you be marketing online, or to your current clients?
How you determine your pricing structure will hinge on how you answered these three questions.
If you will be offering hosting to existing clients as an added ser
3. Will you be marketing online, or to your current clients?
How you determine your pricing structure will hinge on how you answered these three questions.
If you will be offering hosting to existing clients as an added ser
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
vice, you can, generally, charge more than if you were marketing exclusively online.
When an individual purchases web hosting online, they take a risk. Perhaps their newfound host will be a top-notch outfit with superb tech support, reliable servers and excellent prices.
When an individual purchases web hosting online, they take a risk. Perhaps their newfound host will be a top-notch outfit with superb tech support, reliable servers and excellent prices.
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
On the other hand, perhaps they will find themselves in the middle of a horrendous tale of inadequacy.
But, if this same individual already has an existing business relationship with you, a person they already trust, much of the fear is removed. This reduction of risk, wo
But, if this same individual already has an existing business relationship with you, a person they already trust, much of the fear is removed. This reduction of risk, wo
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
rry and stress is worth a premium. Ask any website owner if they would rather pay a little more for reliability, or stay up at night worrying about their website.
Another factor in deciding your prices is cost. Your number one cost will not be the wholesale price you pay
Another factor in deciding your prices is cost. Your number one cost will not be the wholesale price you pay
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
our provider. Your number one cost will be your time. What is it worth, and how much time is involved?
If you answered yes to question number 2, your time investment will be minimal. Customer support is a huge time expenditure, especially if you do it right. By being both
If you answered yes to question number 2, your time investment will be minimal. Customer support is a huge time expenditure, especially if you do it right. By being both
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
the host and the site administrator, you come out way ahead.
Finally, you must look at your competition. In order to do this properly, you must determine which market you will be competing in.
In general, there are two markets for web hosting services. These are the onl
Finally, you must look at your competition. In order to do this properly, you must determine which market you will be competing in.
In general, there are two markets for web hosting services. These are the onl
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ine market and the local market.
If you choose to market online, you will be forced to keep prices extrememly low. You will also incur some fairly heavy customer support costs. Because your prices will be lower, so will your profit margin. This means one thing - VOLUME.
If you choose to market online, you will be forced to keep prices extrememly low. You will also incur some fairly heavy customer support costs. Because your prices will be lower, so will your profit margin. This means one thing - VOLUME.
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
For the online operator, automation is crucial. The more streamlined your system, the higher your profits and the lower your blood pressure.
Let me interject one thing here, while we're talking about marketing. Streamlined does not mean neglecting your customers. A little
Let me interject one thing here, while we're talking about marketing. Streamlined does not mean neglecting your customers. A little
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
consideration goes a long ways in this business. If you answer your customers emails, return their calls, take time to listen to them, you'll build a large base of loyal customers in no time at all.
Regardless of your marketing approach, there is one more huge question to
Regardless of your marketing approach, there is one more huge question to
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
answer before you begin.
Who will you be reselling for?
When choosing an upstream provider, pay particular attention to the three R's:
* Reliability
* Resalability
* Relationship
The company you resell for should, above all else, be impeccably reliable.
Consider th
Who will you be reselling for?
When choosing an upstream provider, pay particular attention to the three R's:
* Reliability
* Resalability
* Relationship
The company you resell for should, above all else, be impeccably reliable.
Consider th
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
is scenario:
It's 2 A.M. on a Wednesday morning. Your phone rings. It's your most valued client, and his website is down. You quickly check your email, and find several more pleas for help. You dash off a quick email to your upstream provider.
It's 6 A.M. No answer from
It's 2 A.M. on a Wednesday morning. Your phone rings. It's your most valued client, and his website is down. You quickly check your email, and find several more pleas for help. You dash off a quick email to your upstream provider.
It's 6 A.M. No answer from
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
your provider.
It's 2 P.M. You receive a garbled email from your provider. Something about a relay that went down in Kentucky, and it's completely beyond their control.
It's 6 P.M. The server is still down. You seriously consider taking your own telephone off the hook. Y
It's 2 P.M. You receive a garbled email from your provider. Something about a relay that went down in Kentucky, and it's completely beyond their control.
It's 6 P.M. The server is still down. You seriously consider taking your own telephone off the hook. Y
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
u wonder if you'll be able to keep half your clients. You realize, with a sick feeling in your gut, that there is nothing you can do. You have placed your credibility in the hands of a company that is not returning your calls.
Hopefully, this scenario drives home the fact
Hopefully, this scenario drives home the fact
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
that when problems occur, you can do little more than call your provider. It's crucial that your provider be reliable.
Resalability comes next on the list. Take a good look at the product. Can you sell it? Would you buy it yourself? Are there plenty of features and selli
Resalability comes next on the list. Take a good look at the product. Can you sell it? Would you buy it yourself? Are there plenty of features and selli
.
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
ng points?
Finally, consider the relationship you have with your provider. Can you call the company and talk to a real person? The same person each time? Do they remember your name? Do they answer your emails promptly? Remember that your upstream provider is the only link
Finally, consider the relationship you have with your provider. Can you call the company and talk to a real person? The same person each time? Do they remember your name? Do they answer your emails promptly? Remember that your upstream provider is the only link
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
between you and the server. Having a strong working relationship is vital to the success of your business.
Reselling web services can be an extremely profitable solution, but, like any other business, you will do best if you do your homework before jumping in.
Good Luck
Reselling web services can be an extremely profitable solution, but, like any other business, you will do best if you do your homework before jumping in.
Good Luck
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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