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  • Digg It - eBay Stores - Tips and Tricks for New Owners

    After you have sold a number of items on eBay via auctions (maybe just stuff that cluttered up your garage), you might
    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
    consider opening your own store on eBay.

    Stores have certain advantages: you can choose the name (as long as it is not
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    taken yet), set the theme, obtain a permanent URL that you can use in advertising it, and list items very cheaply as st
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    ore inventory (for data on the currrent fee structure, see http://pages.ebay.com/help/sell/storefees.html). Furthermore
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    you also gain access to certain tools, such as Traffic Reports or the HTML Builder.

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

    Combination pro
    a store. First, there is a monthly fee (currently $15.99 for a basic store), and store inventory items generally do no
    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
    t appear in the main search (for details on this, see http://pages.ebay.com/help/specialtysites/sif-in-search.html), so
    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
    you will still have to run a number of auctions and include a link in them to drive traffic to your store.

    Therefore,
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    you should not expect the world to beat a path to your eBay store the moment you open it.

    Here are a few tips to help
    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
    he new or prospective owner of an eBay store:
  • Select a theme for your store, whether it be used books, vin
  • ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    age cameras or hand-crafted tea caddies. I have seen stores that sell anything from DVDs to used children's clothes to
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    garden furniture, but never could remember them for long.

  • Choose your store name carefully. "Tom's Corner"
  • dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    is much less memorable than "Tom's Vintage Beer Signs".

  • Think carefully about the structure of your store cate
  • cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    gories (of which you have a limited number). I have actually come across stores that list "Category 1", "Category 2
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    etc. in their navigation menu, which is hardly helpful.

  • Prepare your photos and descriptions beforehand a
  • 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
    d then stock your store quickly. It is no fun for buyers to find a store that sells only 1 or 2 items.

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

    Professional from academic institutions, pharmaceutical industries, health care indust
    en and Emma's Store Library (http://www.owenandemmadesigns.com/ebaystores.html) which contains numerous links to us
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    ful articles for store owners.

  • Spend some time on the eBay stores discussion forum (http://forums.ebay.com/
  • .

    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
    db2/forum.jspa?forumID=21). You might not understand everything, and you probably should first "lurk" without posting q
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    estions, but this is the place to go with any of your questions. There are many knowledgeable and friendly people there


    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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