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Digg It - Offering Team Incentives
If your team is growing but not staying motivated, one of the best
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
ways to kick them into gear is to offer an incentive.
By offerin
By offerin
; 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
an incentive you are not only helping your team stay motivated, b
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
t in return helping your own business. Working towards a tangible
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
goal can be a very powerful thing!
Here are some ideas for goals
Here are some ideas for goals
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ou can set for your team:
- Top monthly sales
- Top quarterly sa
- Top monthly sales
- Top quarterly sa
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
es
- Most recruits in one month
- Reaching a set sales goal in a
- Most recruits in one month
- Reaching a set sales goal in a
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
month
- Reaching personal goals
- Advancing in company ranking
- Reaching personal goals
- Advancing in company ranking
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
Incentives come in many forms. While many would appreciate a compa
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
y discount, others may like different types of gifts. After all, b
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ing in the company they are already getting products at a discount
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
, right?
Gifts do not always have to be expensive, but should ref
Gifts do not always have to be expensive, but should ref
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
ect the goal you have set for them. If the prize is offered monthl
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
, the gift should be small. If it's a larger, long term goal, some
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
thing a tad more expensive would be better. Remember though, it's
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
he thought that counts and what appears to be expensive doesn't ha
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
e to BE expensive.
Some ideas for incentives include:
- Candles
Some ideas for incentives include:
- Candles
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
- Gift Certificates
- Jewelry
- Products from your other busine
.
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
ses
- Personalized Products
Needing incentives for your team?
- Personalized Products
Needing incentives for your team?
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
irectSalesHelpers.com offers personalized candles at their website
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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