Useful Advices - Business

"I can’t sell!"
"I can’t do business!”

Really, these are the most commons things you’ve probably heard

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

or been saying to yourself. Is selling really that hard? Does it really need special skills?

Here’re some tip

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

Examples of combination products may in

s you could use:

1. Don’t ever feel ashamed because you have to sell something.

I live in Jakarta, Indonesia

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

where usually mothers (of kindergarten age) hang around outside the school’s area, waiting for school to finish. And it i

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

s the best time to sell almost everything to them.
In the fasting month last year I found cheap veil accessories in

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

Combination pro

a traditional market which I know can cost very expensive at malls. Hmm, I instantly asked my husband permission to spend

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

money for my first capital. And then, I sold the hair pins in my daughter’s school and by emails! Wow, surprisingly I ge

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

t many profits, plus, I get to keep the nice ones.

2. Be sure with what you sell.

Try them first. For in

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

stance, if you’re selling hair pins try to find out the quality of each item. Some has beautiful stones on them but most

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

are quite fragile. Make sure your clients know that before buying. This will be the beginning of your credibility as an e

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

ntrepreneur.

3. Know the market price so you can set a correct price in line with the quality of the products.

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

Following aspects would a

4. Be smart in finding unique things.

This can be as simple as: I vacationed in Singapore and found ora

dd to the challenges in developing combination products:

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

l B toothbrush kids with princesses, mermaids, toys story pics on them. As far as I could remember there weren’t any yet

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

in Jakarta. So, I bought a couple and sold them soon as I got back through a mailing list for moms!

5. Know t

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

he right place and timing of where and when to sell.

Selling pashminas during a mom get together event is great! You

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

can sell more if it’s near a certain holiday celebration. Selling aromatherapy for health? It will be more appropriate i

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

Professional from academic institutions, pharmaceutical industries, health care indust

f you approach a mother whose child is sick all the time for instance.

6. Don't be too pushy.

Just relax

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

. Just talk about your products in casual conversations. People who weren’t interested at first, sooner or later will rem

.

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

ember and ... be interested at last!

7. Sell something you yourself need.

There are plenty of advantages of s

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

Companies that provide selfless information through particip

elling something we need ourselves. For instance: if it’s not sold out, we can use it ourselves and it doesn’t go wasted.

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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Safety training videos are made so that we don’t panic in a crisis and put our lives in danger. These show us how to handle a fire, an earthquake, an accident or a natural disaster. They also include ordinary things like safety tips on climbing a ladder, driving or housekeeping. Countless websites and video production units make and sell CDs and DVDs of video clips on almost everything under the sun. If you do a Google search on safety training videos, you will come up with a minimum of 7,530,000 hits in less than .2 seconds. To choose a good video from this list is not easy. It is advisable to buy videos after having a short preview of what they contain.

Attending a trade show can seem like Christmas - all those wonderful booths and exhibitors giving away free goodies. Attendees flit from booth to booth and pass on hints of who's giving away the good loot. In all the hustle, bustle and excitement, it's easy to be overlooked by the crowd in favor of a flashier, cooler or louder exhibitor. How do you get potential customers to stop by your booth - and stay long enough to become a customer?

When sourcing a new press brake the buyer's goal should be to match the equipment to their expected requirements and use, plus get the best value for their investment. This means obtaining an excellent quality product with proper features at an affordable cost. Also, just looking at initial cost can sometime be deceiving as life cycle costs should be accounted for that includes maintenance costs and efficiency of labor in using the press brake.

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