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Answers - Information Trading - A Profitable Home Business
Almost everyone's dream is to be able to earn a steady, reliable and adequate income in a home business. Many try. Most fail.
Some succeed -- for a time. They find a small niche with sufficient demand to generate in
Some succeed -- for a time. They find a small niche with sufficient demand to generate in
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
come, but insufficient competitors to dilute the returns. An ideal situation.
Others eventually find the niche as well. It soon becomes over-subscribed. Then the hunt starts all over again for another niche, as yet i
Others eventually find the niche as well. It soon becomes over-subscribed. Then the hunt starts all over again for another niche, as yet i
; 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
nored by the herd.
Just a few information pioneers are far more successful. They have the skill and, dare I suggest, sufficient luck as well, to find a specialized information niche that has enough eager buyers to ge
Just a few information pioneers are far more successful. They have the skill and, dare I suggest, sufficient luck as well, to find a specialized information niche that has enough eager buyers to ge
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
erate a good income for all.
And, as a bonus, it's also a niche where competition is not a disadvantage. In fact, their niche is, because of its nature, dynamic enough for more new competitors to actually help generate
And, as a bonus, it's also a niche where competition is not a disadvantage. In fact, their niche is, because of its nature, dynamic enough for more new competitors to actually help generate
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
more income for everyone else in the niche.
This specialized information niche is ideal for Information Traders.
Information - The New Currency
What do we use the internet for mainly? Surely it's for informat
This specialized information niche is ideal for Information Traders.
Information - The New Currency
What do we use the internet for mainly? Surely it's for informat
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
on. For more information. And for even more information!
Think about it - the main reason most of us go online is to research our interests, isn't it? Don't we mainly surf to follow threads, to find more information on
Think about it - the main reason most of us go online is to research our interests, isn't it? Don't we mainly surf to follow threads, to find more information on
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
something we find important or unusual, popular or necessary, wanted or needed, compelling or curious?
Trading information is the new currency of the internet. A fortunate few make a living from doing what you already
Trading information is the new currency of the internet. A fortunate few make a living from doing what you already
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
do on the internet.
The New 3Rs
Research...Recover...Report...
Welcome to the new 3Rs extensively used by Information Traders in today's Information Age.
They know how to collected, rewrite, repackage an
The New 3Rs
Research...Recover...Report...
Welcome to the new 3Rs extensively used by Information Traders in today's Information Age.
They know how to collected, rewrite, repackage an
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
sell their very specialized information to those eager to buy from particular suppliers, to make extremely good, steady incomes in their home-business.
* Research: They know exactly where and how to find the informati
* Research: They know exactly where and how to find the informati
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 from a variety of sources, both online and offline.
* Recover: They know how to identify, extract and record the essential facts from the mass of information.
* Report: They know how to write the information i
* Recover: They know how to identify, extract and record the essential facts from the mass of information.
* Report: They know how to write the information i
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
their own sentences, how to organize the information and how to present their Report to the buyers.
And, just as importantly, successful Information Traders know where, how and to whom they can sell their Reports to
And, just as importantly, successful Information Traders know where, how and to whom they can sell their Reports to
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
feed the continuous and insatiable demand for information of a particular type.
A Growing Demand
After a lengthy search Californian business-woman, A Willett, discovered the specialized information niche for herse
A Growing Demand
After a lengthy search Californian business-woman, A Willett, discovered the specialized information niche for herse
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
f.
"You see, there are a few very special places where you can send your research and you will receive massive amounts of cash for doing so," she said.
"These special places - there are about ten of them - have a
"You see, there are a few very special places where you can send your research and you will receive massive amounts of cash for doing so," she said.
"These special places - there are about ten of them - have a
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
huge hunger for specific types of research.
In fact, they just can not get enough - and even better, that demand is growing daily. Just in September 2006 alone, the demand grew by over 20 percent.
Ask any econom
In fact, they just can not get enough - and even better, that demand is growing daily. Just in September 2006 alone, the demand grew by over 20 percent.
Ask any econom
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
cs expert what happens when you have a growing demand and not enough supply to meet that demand - high prices and fortunes made."
The Proof Of The Pudding
When first testing her strategy Ms Willett received 63 ord
The Proof Of The Pudding
When first testing her strategy Ms Willett received 63 ord
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
rs in 4 weeks with a net income of $15,750. "My cost was absolutely zero. I had cracked the code," she said.
And she is now so successful that she gave up her high-flying corporate work to concentrate on finding and se
And she is now so successful that she gave up her high-flying corporate work to concentrate on finding and se
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
lling information to specialized outlets.
As one of the successful few who succeeds in a home business this woman now makes a seven-figure income working from home as a self-employed Information Trader.
She has s
As one of the successful few who succeeds in a home business this woman now makes a seven-figure income working from home as a self-employed Information Trader.
She has s
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
mmarized her methods in a digital course. "I don't make the bulk of my income from selling this course on the Internet," she says.
"This course was created to use myself, and replace my very nice, six-figure, corporate
"This course was created to use myself, and replace my very nice, six-figure, corporate
.
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
income.
Yes, that is correct, I am not one of those rags-to-riches stories everyone seems to tell in their marketing blurb."
She works minimal hours to suit herself, and welcomes competitors whom she sees as an overal
She works minimal hours to suit herself, and welcomes competitors whom she sees as an overal
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
advantage to the niche.
For her, the ultimate dream of earning a steady, reliable and adequate income in a home business is now very much a reality. And even better, she's prepared to share the reality with others.
For her, the ultimate dream of earning a steady, reliable and adequate income in a home business is now very much a reality. And even better, she's prepared to share the reality with others.
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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