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With the recent drop in gas prices, should online retailers expect a cheery holiday sales forecast? According to the National Federation of Retailers (NRF) one-fifth of all retail sales in the United States occur during t

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

he holiday season. With the critical holiday shopping season upon us, many companies are gearing up for a busy and eventful holiday season.

Although they expect holiday sales to be "subdued" this holiday season, the NRF

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

still expects a gain of 5 percent to $457.4 billion, which is short of last years 6.1 percent increase. But, online holiday sales will continue their fast-paced trend, with sales expected to reach 27 billion (Forrester Re

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

search, Inc.), which would represent a 23 percent increase over last year.

Another holiday season forecast by eMarketer, predicts that during November and December, online retailers will have sales figures of 24.3 billion

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

which is a 22.1 percent increase over last year.

However, Jupiter Research, Inc., paints an even rosier sales forecast calling for 2006 online sales to be 32 billion, which would be an increase of 18 percent over last ye

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ar. Additionally, Jupiter reports a record 114 million users will shop online in 2006.

In an October survey cosponsored by Shop.org, an e-commerce arm of the NRF, and Shopzilla, which is a comparison-shopping site, it wa

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

s reported that 72 percent of the online retailers expected good (15%-plus) year-over-year online sales growth this holiday season. Twenty-one percent of the retailers forecast hyper growth (75%-plus) year-over-year onlin

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

e sales growth.

But with all these facts, figures and forecasts, what will holiday shoppers be looking for this year? According to NRF research, gift cards continue to be big sellers and this year many stores are capital

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

zing on this trend by offering cards geared toward the individual's lifestyle, adding that some cards are even personalized by including photographs or a particular theme.

More "hot" gifts included in the NRF research inc

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

luded women's clothing, specifically, plaid and hand-knit crocheted looks in women's categories, sweater dresses, short jackets and boots. Additionally, look for diet products, gift certificates to spas or gyms, cell phon

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

es and cell phone accessories, ipods, computer gaming products and computer gifts to be very popular on the wish list for young adults and teens.

Of course, we have all heard of the new Tickle Me Elmo 10th Anniversary Edi

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

tion dolls that are any child's list from age seven and under. But is the demand for this toy going to dwindle the supply down to nothing? Probably. But, Fisher-Price insists there is going to be a steady flow of produc

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

going out to the retailers. Retailers have taken steps to assure they don't run out of a product by limiting the number of an individual product that a customer can buy when that product is in short supply, with the idea

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

being that there should be enough for everyone. But could Tickle Me Elmo winds up on ebay selling at outrageous prices because of shortages? It already has.

A Trade publication, Toy Wishes, projects the following toys

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

to be among the top sellers this holiday season: Barbie and the 12 Dancing Princesses (Mattel Inc.), Bratz Forever Diamondz (MGA Entertainment), Butterscotch My Furreal Friends Pony (Hasbro Inc.), Digi Makeover (Radica Ga

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

mes Ltd.), Fly Wheels XPV (Jakks-Pacific Inc.), Kids Tough Digital Camera (Mattel's Fisher-Price), Lego Mindstorms NXT (Lego Systems Inc.), Magtastik (Hasbro Inc.), Speed Stacks Stackpack (Play Along Toys, a division of Ja

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

ks Pacific Inc.), T.M.X. Elmo (Mattel's Fisher-Price), WII (Nintendo).

Another "must have" gift for the holiday season is Sony's, high-tech video-game console PlayStation 3 that will probably be almost impossible to get,

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

with just 400,000 units expected to be shipped at launch. Although Sony does not want consumers to have to resort to paying exorbitant prices to acquire this highly sought after product, the reality is that it will probab

.

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

ly come down to that in the end for some consumers. It is the law of supply and demand.

We have reviewed some forecasts and data for the 2006 holiday shopping season. Retailers, whether online or brick-and-mortar, reali

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

ze that the holiday shopping season is a critical portion of their bottom line. It is up to them to provide the goods and services that their customers are requesting and clamoring for. It is the law of supply and demand

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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Useful Advices - Holiday Season Sales Predictions For 2006

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