Top Adding - Real Estate

We've all heard the old adage that restaurants don't sell steak, they sell the sizzle. Th

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

at same adage can be true for selling houses. Here's what I mean.

Let's say you have a h

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

Examples of combination products may in

ouse on the market that just doesn't seem to be garnering any offers. The first thing you

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

ll be tempted to do will be to drop the price, but before you do that, consider adding so

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

mething interesting to the home instead. The results can put thousands of dollars into yo

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

Combination pro

r pocket at closing!

For instance, your home is priced at $280,000, but it's not moving.

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

Rather than dropping the price to $260,000, think about adding a nice deck to the back--

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

omething that will really make buyers say "wow" when they see it. A very nice deck can co

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

st as little as $2,500, but its impact might be enough to prompt a buyer, who can see the

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

happiness his family will have as they barbeque on that deck on warm summer nights, to pu

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

t in a full-price offer on your home. In other words, instead of losing $20,000 on a pric

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

Following aspects would a

e reduction, you've sold your home by "dropping" the price by $2,500 through the addition

dd to the challenges in developing combination products:

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

of the deck.

You can get a similar impact by adding things such as white picket fences t

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

o compliment a well-landscaped front yard, or crown molding and wainscoting, coupled with

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

fresh paint, in the important rooms of your home. The "wow" factor comes into play here,

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

too, so look to make the improvement something that is really exceptional--without breaki

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

Professional from academic institutions, pharmaceutical industries, health care indust

g the bank, of course.

The bottom line here is that you will often make more money by ad

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

ding something special to your home rather than just reducing the price. Adding a little

.

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

lass to your home is almost always worth more than what it cost to install. Remember, you

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

Companies that provide selfless information through particip

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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Benchmarking was introduced as we know it now in 1979 by Xerox. The company had a problem with the product sales because of the Japanese competitors. To solve this problem Xerox decided to compare their product quality and features to Japanese products. Ever since the process of implementing the best practices with the help of comparison is referred to as benchmarking.

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Top Adding - Home Sellers: Don't Drop Your Price, Increase the Sizzle!

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