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Let’s face it, eBay buyers want to find bargains when they make purchases on eBay. Those bargains equate to high quality items for low prices. For the seller who simply views sell

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

ing on eBay more as a hobby, or as a method to clear out excess items from their house, attic or garage, getting any amount of money from items is a bonus.

For the seller who vie

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

Examples of combination products may in

s eBay as a business and wants to make money on eBay selling at bargain prices creates a challenge. For that seller, items are purchased for resale with the goal of making a profi

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

on every sale every time.

The secret to make money on eBay and still offer bargains for your buyers is lowering the costs associated with products that you purchase for resale.

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

n fact, the goal is to buy at a low enough price that profits are possible, even while selling to bargain hunters. The savvy seller must pay the lowest possible price while minimi

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

Combination pro

ing associated sales cost.

There are several actions that can be taken to reduce the price of items that sellers purchase for resale. Each of the strategies that follow can great

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

ly reduce the cost-of-goods-sold for the seller with a goal to make money on eBay.

• Combine Orders

Just as many buyers on eBay will make multiple purchases and then combine shi

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

ping to reduce cost, so can you. Often there will be excess room remaining in boxes and on pallets of merchandise that you have purchased. That room can be used for additional pro

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

ucts. Often those extra products will cost almost nothing to ship. That is especially true when you buy pallet loads.

• Buy Wholesaler Closeouts and Specials

Wholesalers often o

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

fer closeouts and specials to move excess or end-of-life merchandise. The discounts can be significant. Just be sure that there is a market for the products that you purchase. Use

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

this strategy in combination with combining orders and you could save a boatload of money!

• Negotiate for a Lower Price

Many wholesalers are willing to negotiate for lower pric

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

Following aspects would a

es. Typically the trigger to make this happen is to increase the quantity in the order. Just be sure that you don’t purchase so much of an item that you cannot profitably resell.

dd to the challenges in developing combination products:

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

ne of the worst things to have happen would be to have five-thousand left-handed flanges sitting in your garage for the next 20-years!

• Split Wholesale Purchases with Other Sell

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

rs

This is a strategy that we have used. We have split loads of merchandise as well as freight costs with others. This strategy requires developing enough trust so that both feel

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

there will be a fair and equitable deal. It works especially well with sellers who are in marketplaces other than eBay.

• Cherry Pick Loads and Resell the Rest to Others

Caution

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

this strategy does require some labor. It does open the opportunity to make discounted purchases of mixed lots. Upon receipt of the merchandise, simply inspect and remove the pro

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

Professional from academic institutions, pharmaceutical industries, health care indust

ducts that fit your need. Inventory the balance and resell it on the wholesale market.

Each of these strategies has some real strengths and could work for you. However in every c

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

se, be cautious that you are not simply buying a wholesaler’s problems. If you do, those problems can sit in your basement, garage or warehouse eternally as merchandise that you c

.

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

nnot sell. On the other hand, with care and planning you can make money on eBay by using these strategies.

To make money on eBay requires that sellers never lose sight of profit.

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

Companies that provide selfless information through particip

The goal is to minimize the cost of goods sold. Reducing the price that you pay for items allows your buyers can get a bargain and you to make money on eBay.

To Your eBay Success

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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