Wiki Articles - Home Based Business

Recent popularity.

7 million companies now actively seek out the opinions of moms, students, retirees and others. In the last year thousands of people have discovered that they can earn money simply by filling out paid

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

online surveys or participating in paid focus groups while sitting at their computer.

A stay at home mom may fill out a couple of surveys while the kids are napping or later in the evening when the kids go to bed, or a st

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

Examples of combination products may in

udent may complete a survey in-between classes or use surveys as a part-time job in the summer. If you have a computer with Internet access then you are eligible to participate.

Why will companies pay for your opinion?

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

/b>

Why? Because getting your opinions allows companies to get in touch with consumers and their views and habits BEFORE launching new products and services. With research and development costs at all-time highs and profit margins a

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

t all-time lows, a company simply cannot risk bringing a product to market that nobody wants. Think "New Coke" or today's automotive industry.

It's worth it to these large corporations to pay someone $75 to fill out a 1 to 2

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

Combination pro

age online survey, or to pay someone $150 an hour to participate in an online focus group, or to pay someone $25 per hour to preview the trailer for a new movie.

How they work.

Companies you register with will

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

send paid survey opportunities to your email inbox. You have the option to accept or decline these individual surveys. For each survey you complete, you will be paid a preset amount. Most of these paid surveys take approximately 5

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

to 15 minutes to complete and normally pay $10 - $75 per survey. Online focus groups pay substantially more .. up to $250 per hour.

It quickly becomes clear that if someone is willing to devote several hours per day to these sur

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

veys that it's entirely possible to earn several hundred dollars per day.

Let's say you complete 20 online surveys per day .. all at the low-end pay of $10-$15 per survey. At 5 to 15 minutes per survey you would be earning $200 -

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

$300 per day for 1.5 to several hours of at-home work. At just $35 per survey the earnings go to $700 per day. And at $75 per survey the earnings skyrocket to $1500 per day.

Fraudulent websites & potential pitfa

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

lls.

Unfortunately, as with any innovative idea come the scammers. Hundreds of "paid surveys" websites have popped up, claiming to offer direct access to networks where people can find these online surveys. Most charge $85-$125

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

Following aspects would a

dollars to register and make outrageous claims of $200 per survey. But once a customer pays the membership fee they find:

1. Outdated resources and directories

2. Non-Working links and pages

3. Non-Intuitive navigation

4. Zero he

dd to the challenges in developing combination products:

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

p or customer service

5. No refunds if you are unsatisfied

Most of these SCAM sites won't even respond to refund requests. Eventually they get shut down due to too many customer complaints, or the State Attorney General forces them

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

out of business. But the customer has already lost their money, and the SCAMMERS just open another paid survey site under a different name in a different state. It's definitely "buyer beware".

Yes, you can get paid for your opin

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

on.

If you can stay away from the SCAM websites, it is possible to earn money ... even hundreds of dollars per day ... by filling out online paid surveys and participating in paid focus groups.

Before joining a paid survey netw

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

ork, you should be sure that it satisfies the following minimum requirements:

* In business for at least 1 year.

* Well organized, easy to navigate directories.

* Directories updated at least weekly.

* Helpful resources availabl

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

Professional from academic institutions, pharmaceutical industries, health care indust

for newcomers.

* No "waiting period". Eligible immediately.

* Customer service available via phone or email, with response time less than 24hrs.

* 100% guaranteed.

Paid Surveys and Paid Focus Groups at your fingertips.

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

Fortunately you no longer need to register with each of the 7 million companies to participate in their paid online surveys. 2004 saw entire networks spring up solely to administer these paid surveys. All you need do is registe

.

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

your name with one of these organizations to participate in the surveys in their network.

Many experienced people find it advantageous to register their name with more than one administering organization. This allows the person to

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

Companies that provide selfless information through particip

enjoy a wider selection of surveys and focus groups .. as well as collect the multiple bonuses that are regularly offered.

Copyright © by John Lee
Staff@WORLDWIDEREVIEWS.COM

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

Tags

Links

Wiki Articles - The Truth About Paid Online Surveys (Avoiding Potential Pitfalls)

Related Articles: