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So, what is this Network Marketing secret really about?

To illustrate this Network Marketing secret in the simplest of form let us listen to a story about Jack.

Jack was walking

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

around a newly established shopping mall and came across this wonderful restaurant.

Jack decide to tryout the food at this new restaurant and found to his amazement, that the fo

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

Examples of combination products may in

od was great and delicious. The service was also excellent and Jack was very happy that he found a great place where he can bring his family and friends to dine and have a good ti

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

me.

As Jack was walking to the counter to pay the bill, the restaurant owner invites Jack for a friendly chat about a special promotion that he was doing. He expressed to Jack th

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

at as a token of appreciation, he would like to reward his customers for coming to his restaurant.

"Jack here is a stack of special offer coupons valid for one month which you ca

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

Combination pro

n use" says the restaurant owner to Jack.

The restaurant owner starts giving Jack a stack of special offer coupons in which Jack can use for his future visits, plus he may distri

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

bute to his friends and family members and tell them about the restaurant. In return Jack will be rewarded a commission based on the orders received from using the coupons.

Jack

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

ent home feeling great. And the next day he started giving out the coupons to friends, family members. Each day he gave out the coupons to everyone and anyone he meet and told the

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

m about what a great time he had at the restaurant and how they will receive the same special benefits he received by just presenting the coupons.

At the end of the month, Jack r

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

eceived the following letter, enclosed with a cheque from the restaurant owner.

----------------------------------------------------------------

Dear Jack,

We enclose herewith

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

a cheque of $480.00 as a token of our appreciation in your efforts of recommending your friends and family members to our SuperDelicious restaurant.

Enclosed also is another new

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

Following aspects would a

set of discount coupons which you can use and promote for next month.

*** Commission amount:

* Rebates for personal dining : $ 80.00

* Commission from food orders : $ 100.00

dd to the challenges in developing combination products:

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

* Commission from drink orders: $ 100.00

* Commission from specials : $ 200.00

Total: $ 480.00

We thank you your continuing support and we look forward to send you an even

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

bigger cheque in your mailbox next month.

Rgds

Mr BigHeart (SuperDelicious Restaurant)

----------------------------------------------------------------

Stop and think for a s

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

cond, don't you think there is a Jack in all of us. Everyday we promote about restaurants, we promote about doctors, we promote about movies, we promote about vacation, we promo

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

te cars and the list goes on. As a matter of fact, all of us are in the promotion business. And that is the Network Marketing secret. The secret on why it's so simple and yet powe

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

Professional from academic institutions, pharmaceutical industries, health care indust

rful in marketing of products and services.

In Network Marketing, you get paid for recommending products or services that you would use and normally recommend to others.

Network

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

Marketing companies use what it's commonly known as referral marketing or "word of mouth" marketing to market their products and services. The salespersons or independent distri

.

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

butors are all paid based on their efforts in promoting and sales of the products and services.

As you can see, whether you realize or not, we are always recommending things to

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

Companies that provide selfless information through particip

people. And Network Marketing has turned this simplest form of marketing to become a powerful marketing tool in moving billions of dollars worth of products and services worldwide

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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