| Top Adding |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Home Based Business > Network Marketing > MLM - The Downline Myth |
|
Top Adding - MLM - The Downline Myth
Picture this: you found the perfect Multi-level Marketing Company; you are out of your skin with excitement; they have the 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 most lucrative compensation plan available; the person who introduced you to the company is excited, also, and is enrolli ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ng people right and left. Then what? You go out and talk to your friends and family about this fantastic income opportun lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. ity that has the most fabulous product (or service) since the dawn of time. You realize that you have to have “X” number o here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe f people in your downline to start making back the money that you paid to get started and possibly the monthly cost of the d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro product or service. So, you get anxious, you start cramming it down the throats of anybody that will listen. Your friends 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 and family may avoid you because they know that they will get a “pitch” from you. After some time, you have only one pers 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 on in your downline, two if you count your neighbor that said “oh, what the heck, I’ll give it a try for a week or two. At nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically least you’ll stop asking me!”, and your excitement is dwindling faster than tissue paper in a campfire. Finally, you look 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 at yourself in the mirror and say, “Forget it! This stuff doesn’t work!” and the next day you get up, go to work, try to ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi figure how you are going to get rid of the remaining products in your garage (if you had to buy products), and call your s ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ponsor to tell him (or her) you are done. Sound familiar? Guess what, it doesn’t have to be like that. Success in MLM doe dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod s not mean that YOU personally have to enroll an army of people. True success from any home business comes from putting th cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin e right people in your business. How that translates to Network Marketing (MLM specifically) is that all you really need a tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen 2 or 3 “go-getters”, somebody that is as excited as you about making money with their own business; somebody that can dup 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 licate a process; somebody that can follow directions. You see, success in MLM equates to duplication. What would happen i ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust f you enrolled 2 people that enrolled 2 people that enrolled 2 people, that en… You get the idea. Before too long you woul y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products d have a monstrous downline! How easy do you think it would be to get some of your friends and family involved once they s . 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 aw your success? (some people are funny that way!) So don’t let the “Myth of the Downline” discourage you. Find the peopl elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip e in your company that have been successful and do what they did. Be patient and it will happen. And most of all, HAVE FUN tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:When NOT To Invest In An Online Business Low Rate Unsecured Loan-An Incredible Loan Option Hard Money Loan: The Fastest and Easiest Money Loan
|