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Digg It - Using Rainchecks at an Electronic Store
What is a rain check?
A rain check is a ticket you receive when an item is out of stock. They are placed at the courtes
A rain check is a ticket you receive when an item is out of stock. They are placed at the courtes
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
y counters and all you normally need to do is ask for one.
How do I get a rain check?
When an item is on sale it normal
How do I get a rain check?
When an item is on sale it normal
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
y sells out quickly. When this happens, most people will leave the store in disappointment. But, the bargain shopper will imme
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
iately go to the courtesy counter and ask for a rain check.
The person behind the counter will fill out a form which has the it
The person behind the counter will fill out a form which has the it
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
m # and the sales price. You can then use this form for up to 60 days after you receive it according to the FTC (Federal Trade
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ommission)...This means, once the item is in stock, you can get it at sale price.
Why do I want a rain check?
As stated
Why do I want a rain check?
As stated
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
above, the main reason to get a rain check is to get an item for sales price even after it has run out of stock.
The second and
The second and
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
most beneficial reason to get a rain check is to combine the sales price with a store sale. Most people don't know that the ra
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
n check becomes the price of the item. So, if there is a store coupon or a coupon for the item, you can use that coupon in addi
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
ion to the rain check.
This means you are almost always better off waiting for the sale item to run out and getting the rain ch
This means you are almost always better off waiting for the sale item to run out and getting the rain ch
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ck rather than just buying the item at sales price.
Here's an example:
Anywhere Computer Store is running a sale on Ma
Here's an example:
Anywhere Computer Store is running a sale on Ma
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ell CD Roms 100 PK
The sale is: Maxell CD Roms $29.99 now $14.99
You arrive at the store and these CD's are out of st
The sale is: Maxell CD Roms $29.99 now $14.99
You arrive at the store and these CD's are out of st
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ck
You go to the courtesy desk and ask for a rain check
The rain check will say Maxell CD Roms 100 PK $14.99
Combi
You go to the courtesy desk and ask for a rain check
The rain check will say Maxell CD Roms 100 PK $14.99
Combi
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
e with sale:
The bargain shopper will hold out on the rain check until there is a store sale.
Store Sale: 50% off all
The bargain shopper will hold out on the rain check until there is a store sale.
Store Sale: 50% off all
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
Maxell CD's
Now, you go to Anywhere Computer Store with your rain check during the 50% off sale and you have now received t
Now, you go to Anywhere Computer Store with your rain check during the 50% off sale and you have now received t
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
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
ose $29.99 CD's for $7.50
Real World Problem:
Only grocery stores are forced by the FTC to give rain checks. Other sto
Real World Problem:
Only grocery stores are forced by the FTC to give rain checks. Other sto
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
es are encouraged to sell you a comparative item for the sale price.
Don't despair
Good Situation:
If you get the righ
Don't despair
Good Situation:
If you get the righ
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
person at the courtesy desk, they will give you a rain check. You can explain that only that product will work for your situat
.
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
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
on. Some people will give in and give you the rain check.
Better Situation:
You have a friend who works at the courtes
Better Situation:
You have a friend who works at the courtes
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
counter. They will give you the rain check. When you finally purchase the product they will also give you an employee discount
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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