Answers - Real Estate

Weather can affect the business of doing real estate. With the east coast typically getting hammered with snow and ice this time of

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

year, most Agents view bad weather as lost revenue. They cannot meet as easily with buyers and sellers. All appointments have to be

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

Examples of combination products may in

cancelled and moved. Poor weather conditions can be just the right opportunity to jump-start your production!

If you change your mi

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

dset, you can win the game. Poor weather has a tendency to keep people at home rather than work. It is the perfect opportunity to c

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

ll all your past clients or even cold call sphere. If you increase your prospecting time during a winter storm, you will dramaticall

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

Combination pro

increase your leads and appointments for when the storm is over. You will get more contacts per hour for the same amount of time in

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

ested in prospecting.

You can also call FSBOs and expireds during the storm. You will accomplish two things with this technique. T

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

e first is more of them will be home due to the weather; you will get higher contacts per hour than normal, thus saving you time. Yo

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

will also be proving to them that you are still working when most Agents are not. It shows that you are willing to do what it takes

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

to get the job done. In the case of the FSBO, they are off the market. No one can drive by or see the property. You can simply sho

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

them that their home will always get exposure with you. The weather will increase your competitive advantage over the FSBOs and oth

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

Following aspects would a

er Agents in the market.

If you can get around safely, keep your listing appointments. It shows commitment, initiative, and prepare

dd to the challenges in developing combination products:

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

ness – three things the seller clearly wants from all Agents. The evidence of commitment comes when you show up when the entire worl

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

has stopped. When you get a date and meet it when most would not. Initiative is shown when you figure out a way to be there. You

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

ad to go through hardship to accomplish the goal. You show preparedness through being ready for the unexpected situation. Be ready f

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

r poor weather that will come year after year. During my career in sales, I took a lot of listings in the three or four days a year

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

Professional from academic institutions, pharmaceutical industries, health care indust

ortland shut down for weather. I knew I could get around because I was prepared. If the client was motivated, I was there with no c

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

mpetition for a few more days!!!

Bad weather is a golden opportunity to generate business. Don’t be like the coffee and donut bunch

.

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

who will sleep in late. You only have a few bad weather opportunities a year to really set the table for the quarter. Go to your ba

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

Companies that provide selfless information through particip

tle stations and call your past clients, sphere, expireds, and FSBOs. Don’t miss the opportunity to really jump-start your production

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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