Just Answers - Internet and Businesses Online

Having a successful member only, paid membership site is one of the best ways to make money online. A successful membership site can give you the steady income of a CEO ….but without the job!

For example if you had just 200 people paying you just $20 a

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

month, you would have a steady cash flow of $4000/month, month after month, rain or shine. Many people accomplish this the first month or two their site is up. But that’s just the beginning. Some individuals have member only websites that generate 5-10x

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

Examples of combination products may in

that amount of money!

But before we get ahead of ourselves, let’s discuss exactly what a member only, paid membership site is?

Whether you call them member only, membership, subscription, or mentor websites, they all have one thing in common. … they a

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

re bringing in steady, recurring cash flow for their owners, month after month, from a few hundred dollars to tens of thousands of dollars with an endless variety of topics.

Some of these sites provide mentoring or coaching, others contain useful article

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

or information in a particular field or product. Still others publish the results of tests and studies or product reviews. Finally some membership sites provide specialized service or act as a meeting place for people with a common interest.

But all t

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

Combination pro

hese sites have one thing in common: to access the website (or the best information on the site) you have to pay for it!

Why Would People Pay for Information on the Internet?

The key to getting people to pay for access to a website, is to provide specia

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

lized information/coaching/data/service that is hard to find anywhere else, or would be time consuming to find on your own.

Here’s another way to look at it:

Have you ever subscribed to a newspaper, magazine, or newsletter? Have you ever bought a non fi

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

tion book that gave advice on a topic you were interested in? I’ll bet you have. I’ll also bet that you could have found almost all of the information these resources contained from free sources.

You paid for the information either to save time or becaus

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

e you thought the information would be better or more specialized for what you were looking for, isn’t that correct?

Just a few short years ago it was almost unheard of to charge for access to a website and almost no one was doing it. Today it’s not onl

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

y much more acceptable but there are still relatively few membership websites. This makes it the perfect time to start your own member only site, since there is still little competition.

Choosing a Topic

This is the most critical decision you'll have

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

to make. Choose the right topic and you'll have people clamoring to give you money to access your site. Choose the wrong topic and you're doomed before you even start.

The first place to look for potential topics should be within your own world. The list

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

Following aspects would a

of potential topics could come from your interests, hobbies, vocation, business training, or even your location.

Find a topic that you are passionate about, and the odds are that enough other people are also passionate about the topic to make it a succe

dd to the challenges in developing combination products:

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

ssful membership site. Since you are going to be spending time building and maintaining your membership site, why not choose a topic that you enjoy?

Note: If you are already a speaker, consultant, writer, or "expert" on almost any topic, then you are in

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

a perfect position to create a membership or mentor type of website which could double or triple your income. You should start a membership site today! In just 3-4 months, one of my clients turned his existing expertise and client base into a member only

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

site that generates $40,000/month!

You wouldn’t believe some of the unusual ideas that people have turned into profitable paid membership websites. Topics include: unusual business ideas, fireworks, repairing guns, physical conditioning, marketing, spe

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

cific makes and models of cars, digital cameras, dieting, dating, tall people, and 2nd wives clubs.

Setting Up and Running Your Member Only Website

Finally there are many tools to help you build and maintain your member only website.

At the most basic

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

Professional from academic institutions, pharmaceutical industries, health care indust

level, you can do much of the website creation yourself and use 3rd party services to help you with the administration. However, a quicker and even better way is to use one of the new all in one membership management software systems that helps you get

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

our site set up quickly (even if you don’t know anything about programming) and automates almost all the administrative features. These membership software programs can reduce your workload by 75% as opposed to trying to do it all yourself.

Is There a Me

.

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

mbers Only Website in Your Future?

I hope this brief article has given you a glimpse into the tremendous potential that could await you with your own membership website.

All over the world, people are earning large sums of money online, on a regular pre

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

Companies that provide selfless information through particip

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

Popular keynote speaker, best-selling author, sales and service coach, and President of Customersatisfaction.com, Dr. Gary S. Goodman, says before fully hiring someone, they should be offered a test-drive of the job. According to this radio and TV expert commentator, this enables them to preview the work, the environment, and their future cohorts.

Although it is universally acknowledged that communication is an essential tool for establishing and maintaining relationships in any sphere of life, small businesses are often guilty of either ignoring or making a right royal botch up of their marketing communication.

For those interested in large quantities of mail, the Internet is offering today great opportunities to buy US Postage Stamps Online at higher volumes and special cost-effective prices.

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