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Digg It - Marketing's Nuclear Weapon
Three seconds. That's what you have to convey your message. Creativity is the strategic weapon that allow 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 s us to capture those few precious moments of attention from busy consumers in our increasingly competiti ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in e, time-crunched environment. Focus groups tell us that time is a precious, yet dwindling resource. Atte lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. tion spans are dwindling, as well. Many forces condition people: competing messages, special effects, qu here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ck cuts, pop-up videos, too much media. We should not totally surrender to these trends but instead look d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro t the yearnings they reveal: a desire for simplicity, efficiency, truth, and quality of presentation. Wh 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 en we design and write marketing communication material we must recognize a very fundamental fact: we are 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 interrupting someone's day. The fact that they chose to read, hear or view our message places a great re nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ponsibility on us to present this work as best we can. All the elements should contribute to a single poi 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 t. A single reason for being there. Add something and it is excess baggage. Take something away and it's ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi hin soup. The balance is critical. And, we can't underestimate today's consumers. They are smart and we ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a must not fall prey to communicating to the lowest common denominator. Consumers demand creativity, and ul dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod imately they are who we work for. Do The Math It adds up to this: the increasing need for creati cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ity. Thinking beyond the rote. Asking why and why again. Researching. Feeding the mind. Looking at the si tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen uation from a different angle. Parking your biases at the door. Once you've done the research and asked 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 ll the questions, it's time to let ideas flow, not just on concepts, but also on content, medium, style. ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust Quick example. A small New York lingerie store with virtually no budget wanted to boost business. Its ad y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products agency had an idea: paint messages on the sidewalk within eight blocks of the store. The messages read, " . 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 rom down here, it looks like you could use some new underwear." Business exploded. Creativity isn't just elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip a flash of lightning. It is a deliberate, disciplined process that anyone can follow. Now, go be creative 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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