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Let’s recap. In part 1 of this article, we touched on the three ways to increase your profits; through your marketing, your pro

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

ducts and your back-end. We also explained how audio could be used effectively to increase all of them.

So what's the bottom

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

Examples of combination products may in

ine here? Well, Jay Abraham teaches that if you can increase each of the three components we discussed by a small amount (even

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

ust 10%), you will see an exponential increase in your profit.

To really get your attention, let me ask you this. Do you think

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

adding an entirely new dimension to your marketing, your products and your back-end has a 10% limit? What if you could really m

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

Combination pro

ster the art of incorporating effective audio (and don't forget, once you've mastered that, there's video too) into your produc

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

s and your marketing strategies?

Here, let's break it down into numbers. Suppose you have 50 new customers purchase your $47 e

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

book every month. That's $2,350 in average monthly sales. Not bad. You only have the one product (for now) and haven't yet impl

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

mented any back-end strategies so you know things can only get better.

Next, you learn how to make your own audio. You create

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

n audio marketing message and see a 10% increase in sales conversion (remember that people have claimed to actually see a 300%

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

ncrease so 10% is um, well, a little low). Now you sell to 55 customers every month. You also record your ebook and add in an a

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

Following aspects would a

dio interview, which you distribute along with your original ebook file for $97 (that's a very reasonable mark-up). So that's 5

dd to the challenges in developing combination products:

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

x $97 = $5,335. You are now selling $5,335 of products every month. You've more than doubled your income.

Like I've mentioned

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

before, the best part is that once you get the audio recorded and set-up on your site, there is no extra work. As you can see,

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

the time and cost of learning how to create audio files can more than pay for itself.

In our imaginary scenario, you're sellin

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

$64,020 worth of your ebook/audio set yearly. Imagine if you got really smart and added in a back-end marketing system? Now im

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

Professional from academic institutions, pharmaceutical industries, health care indust

gine what would happen if you used an audio sales message to help market these additional products? In all likelihood, you coul

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

expect an exponential explosion of profits.

For those of you just starting out, mastering audio (even just the marketing aspe

.

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

t of it) could very well be the difference between failure and success.

Just imagine how you can incorporate audio into your m

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

Companies that provide selfless information through particip

rketing, your products and your back-end. What will that mean for your profits?

...I'd guess that your profits will only go up

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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It is not enough to look at the bottom line of your profit and loss statement to determine how profitable your company is, but to also examine each job for profitability. You could conceivably being making a company wide profit but loosing money on some jobs.

Selling profession is a science and an art. You have to treat the customer as a friend and also keep some distance. This requires skill. Selling profession is not for weak hearted people. One needs to have strong determination and persistence.

There are some common mistakes that is being made very often by most of the affiliates. Because some of them do not even know that they are making a mistake, they never have the chance to learn a valuable lesson. That is the reason why 95% of the affiliates do not even $1 online. This article will list 3 common mistakes that affiliates make.

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