Here is a long list of effective and simple incentives for your team.
At the conclusion of an incentive program, it is important to assess how successful it was. Did you get the results you wanted? One of the best ways to judge the program's effectiveness, besides considering your own observations, is to get feedba
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
ck from the reps and administrators involved. You want to be sure that your directions were communicated clearly and at the right intervals, that the rewards were appealing and sparked interest and drive, that your team members felt supported and prepared to take on the challenges being presented, that the program boosted morale, te
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
m effort, energy and creativity, etc.
What were the weaknesses, if any? Did the program meet or fall short of participants' expectations? And of course, you must consider the bottom line impact on sales. Another important thing that cannot be overlooked is whether there may have been any outside influence that you did not have any
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
control over. For example, has the industry experienced an increase in pricing? Was the product or service new, or has there been longstanding consumer awareness and recognition of it? Have there been any fluctuations in the company's marketing campaigns? All of these questions can basically be broken down into different 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
eas, such as goals, budget or administration. In each area, identify what worked and what didn't so you have concrete information to help you develop your next incentive program.
Group Building
- Movie day - bring popcorn
- Water-skiing/Lake trip
- Join th
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
city softball team
Go watch a professional team sport
Miniature golf
Volunteer opportunities
Cold-calling contest
Work-at-home week
Have the CEO address the sales staff
Racecar contest
Bring in a comedian for 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
sales training
Fun, harmless practical jokes
Joke of the day to start a meeting
Bring in take-out for reps staying late
Laser tag
Ropes course
Bowling
Free lunch for the first sale of the day
VM broadcast about someoeasingly 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's personal success
Company Olympics
Company Socials
- Luau
- Fiesta
- Ice cream social
- Barbeque
- Pizza party
- Customer appreciation day
- Four-day weekend
- Bring in donuts
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
i>Company newsletter about the success of the week
- Dress up like Santa and hand out gifts
- Thanksgiving or other holiday party
Esteem Building/Awards
- Best phone demeanor
- Best dresser
- Most creative close
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
Best sales week
- Most improved
- Best team player
- Most cold calls
- Most new clients
- Best customer service
- Top attitude
- Special note or email
- Telegram
- FedEx special note
- Thank-you car
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
- Personal pat on back
- Lead part of a training meeting
- Personal goal-setting meeting
- Suggestion box
- Personal call from CEO
Simple compliments like:
- You're incredible.
- You're a good:
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
>
- I believe in you.
- Great job!
- You made my day.
- Hug.
- Thank you for :
- I'm proud of you.
- Perfect.
- You're awesome!
- Well Done.
- Great!
- Excellent!
- I knew you could do it.
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
trust you.
- Spectacular!
- Outstanding!
- I'm your biggest fan.
Friendly gestures like...
- Smile
- Warm handshake
- Pat on the back
Individual Building
- Daily contact
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
with praise
- Let them off to take their children to school on the first day
- Free calls on company cell phones
- Motivational plaque
- Health club membership
- Lotto wheel
- Drive CEO's car for the week
- Shirt/Hat with logo
- Sp
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
cial parking spot
- Photo with CEO
- Remodel office
- Disneyland trip
- Porsche for weekend
Personal Development
Books
As a Man Thinketh
The 7 Habits of Highly Effective People
Swim With the Sharks
How 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
o Win Friends and Influence People
Maximum Influence The Power of Your Subconscious MindThink and Grow Rich Psycho-CyberneticsThe Magic of Thinking Big Learned OptimismVideos
Remember the Titans Miracleping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
>
Rocky Chariots of FireApollo 13 Field of DreamsMr. Holland's Opus SeabiscuitThe Right Stuff The RookieAudios
The Secrets to Manifesting Your DestinyLead the Fieldy and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
>Unleash the Power Within
The Psychology of Selling
Magnetic Persuasion
Present with Power
The Strangest Secret
Exponential Success
The Science of Personal Achievement
The Psychology of Winning
Travel Incentives
.
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
Hawaii
Upgrade to first class
Local hotel with dinner
Limo to airport
Las Vegas
Bermuda
Cancun
Caribbean cruise
Free miles to fly
Tahiti
Hotel suite upgrade
Australia
Monetary Rewards
- Large-screen TV
- Computer
- DVD
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
player
- $100 bill
- Lottery tickets
- Restaurant gift certificates
- Cashews
- Take the rep's family to dinner
- Department store gift certificate
- Movie rental gift certificate
- Costco certificate
- Bookstore gift certificate
- New suit
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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