Top Adding - Home Based Business

In the network marketing and MLM industry, distributors are often told that they need to find 2 types of people to put into their business: Product Users (consumers), or business builders (people that are trying to make money with the business). Often, i

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

t is presented as a mutually exclusive option, meaning that a person is either a business builder OR a product user. When operating and attempting to grow a downline, networkers and MLM’ers are usually encouraged to focus their efforts on acquiring busine

; 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 builders if they are trying to grow a business. In theory, it only makes sense. If you want a business, and specifically if you want leaders, then find business builders. If you just want to help people enjoy the product, find product users. Right?

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

rong.

This line of logic makes sense on paper, but I’m sure we can all recall certain theories that made tons of sense on paper, but didn’t work in reality.

Network marketing, or multi-level marketing, is not an industry. It is a compensation model. In

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

tead of being paid on the front end for consumption (like a traditional retail-compensation model), you are paid on the back end for consumption. The important thing to keep in mind is that without consumption, NOBODY GETS PAID. You can have 10,000 peopl

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

Combination pro

e in your downline, but if nobody is using the product, then nobody gets paid. Consumption of product is what allows MLM companies to cut distributor checks. Nobody gets paid on simply recruiting and sponsoring.

Why is this important?

Well, if you’re t

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

ying to build a business and generate revenue with network marketing as vehicle to that end, then it’s absolutely imperative to your business that you have a distribution channel that focuses on consumption.

So here’s the big question: How do you do that

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

How do you build a distribution channel from scratch that emphasizes consumption?

Like this: You lead with your product or service.

I’ll say it again: Lead with your product or service.

Instead of focusing all your efforts on going out there and try

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

ng to find other people to blow up your downline for you, focus your efforts on finding those consumers that are already demonstrating a need, want, or desire for your particular product or service. Then, you simply position yourself in their pathway of c

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

onsumption. By presenting them with a product solution, and then showing them the “opportunity” as a means of subsidizing their usage of that product (get the product for free) or even as a way to make some money over and above that, you can then build a

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

ownline with a solid foundation of consumption. But that’s not the best part.

The best part is that by leading with the product or service, you will dramatically increase your retention rates.

You see, when you lead with the product or service, you will

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

Following aspects would a

be building a solid foundation of consumers. In addition to that, you will also have business builders that are taking advantage of the business opportunity to get the product for free, or because they recognize the value of the product they are receiving

dd to the challenges in developing combination products:

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

and want to get that same product in the hands of other consumers who are looking for similar solutions. By leading with opportunity, you build a downline based on greed. You have a bunch of people in you downline that are there to make a million bucks.

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

So when 3 months pass by, and they are still not making a million bucks (this is residual income, remember?), they quit using the product. The only reason they ever used the product in the first place was to make a lot of money, so when they’re not maki

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

g a ton of money, they quit.

But when you lead with the product, you are solving a consumers problem. So if they do decide to take advantage of the business opportunity, they’ll stick with it because even though they’re not making a million bucks in 3 mo

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

ths, they believe in the product, the values and the benefits that the product brought into their life, and therefore continue to consume the product. That’s why they got started in the first place; it was based on the need of the consumer for the values

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

Professional from academic institutions, pharmaceutical industries, health care indust

nd benefits that your product or service offered. Because the opportunity was not stressed and presented as the sole reason for consumption of product, then the consumption of product will continue even though the distributor is experiencing the usual bum

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

ps and bruises that go along with the creation of any business.

For most people, greed is not motivating enough to keep a person going when business is slow and the dreams of margaritas on the beach seem unreachable. But the passion and belief in the val

.

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

e of a product IS enough to keep a person going when breathing life into a business. And that will make the difference between a 60% attrition rate (industry standard for most downlines) and a 2.5% attrition rate (the current standard for MY downline).

I

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

Companies that provide selfless information through particip

you lead with the opportunity, you will probably go broke, and your organization will flounder. If you lead with the product or service, you will create enough income in your lifetime that you will have to hire professional shoppers to help spend it all

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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Are you aware of how powerful press releases can be? Press releases have numerous benefits and if you are not using them for your business, then you are at a disadvantage.

The home equity loan is there for all home owners to make use of for any reason they might want it for. The loan is a way of accessing the cash from your home loan. This can be done at any bank and many money lending agencies. The loan is secured against the home so lenders are keen to give it to home owners as they do not stand a chance of losing their money.

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