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Top Articles - Selecting an Answering Service for Your Real Estate Investing Business
Here's how I have my real estate investing business call system set up and what I look for in an answering service.
First, I have all differe
First, I have all differe
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
nt types of my marketing out to find motivated sellers. I use things like classified ads that have my toll free 24 hour recorded information l
; 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
ne telephone number on it. I use different extensions for each type of marketing. So, my classified ad in the weekly free newspaper has a diff
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
erent extension than my post it notes that I have delivered door to door in my farm neighborhoods.
When a motivated seller sees my advertisem
When a motivated seller sees my advertisem
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
nt and wants additional information they can NOT call me directly. They must go through my 24 hour recorded information line to listen to a pr
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
-recorded message that is about 5 minutes long and explains to them in my best presentation voice, the benefits of them working with me and ha
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
ving me buy their house.
Once they have listened to the message, I give usually give them two options: go to my website and submit a form or
Once they have listened to the message, I give usually give them two options: go to my website and submit a form or
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
all me directly.
If they decide to go to my website, they fill out a web based property information form which is directly loaded into my Rea
If they decide to go to my website, they fill out a web based property information form which is directly loaded into my Rea
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
Estate Investor Database contact and business management account for me to deal with when I am ready to talk to motivated sellers.
If they d
If they d
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
ecide to call my office directly, they actually do not call me. They call my 24 hour answering service. Here are some things I look for in an
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
nswering service.
First, I must be able to forward my phone number to them. I have my system set up so that the 24 hour recorded information
First, I must be able to forward my phone number to them. I have my system set up so that the 24 hour recorded information
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
ine actually forwards the call to the answering service instead of having the seller hang up and call into a separate number. I prefer this an
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
d it requires that the answering service give you a local number (not a toll free number) because, as I understand it, you can not forward one
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
toll free number to another toll free number.
Second, they must be willing to input the leads into my Real Estate Investor Database for me di
Second, they must be willing to input the leads into my Real Estate Investor Database for me di
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
ectly. Imagine getting over 100 leads in a few days and having to manually add each one to your contact management system. It is a real pain,
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
so the service must be willing to add the new leads directly into my contact management system (which is web based).
Third, they must be reas
Third, they must be reas
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
nably priced. What is reasonably priced? I think less than 50 cents per call is reasonable. If they are going to charge a monthly fee it shoul
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
be a monthly minimum against calls and not a monthly fee in addition to a per call fee.
Fourth, they must have reasonably good response time
Fourth, they must have reasonably good response time
.
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
. You do not want your motivated sellers on hold for 10 minutes waiting to get through. You want them to wait no more than 2 minutes and most
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
imes they should be able to get through immediately.
Those are the qualifications I look for in a live answering service for my buying system
Those are the qualifications I look for in a live answering service for my buying system
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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