Comments on: How To Make Money Selling Personal Genomic Services http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/ How will it change your life? Thu, 24 Jul 2008 23:59:03 +0000 http://wordpress.org/?v=2.5.1 By: Steven Murphy MD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56625 Steven Murphy MD Fri, 09 May 2008 19:03:27 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56625 Dan, Didn't Sony create that market with Walkman????? A LONG, LONG, LONG time ago. My point does not have to do with the market. It has to do with the utility of the products..... Very tricky thing you are trying to do here. I have seen it on Canal Street and even in Times Square. They call it 3 card monty... -Steve www.thegenesherpa.blogspot.com Dan,
Didn’t Sony create that market with Walkman????? A LONG, LONG, LONG time ago. My point does not have to do with the market. It has to do with the utility of the products….. Very tricky thing you are trying to do here. I have seen it on Canal Street and even in Times Square. They call it 3 card monty…

-Steve
http://www.thegenesherpa.blogspot.com

]]> By: Dan http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56623 Dan Fri, 09 May 2008 18:26:51 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56623 And Apple created the market for that Nano :) And Apple created the market for that Nano :)

]]> By: Hsien-Hsien Lei, PhD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56621 Hsien-Hsien Lei, PhD Fri, 09 May 2008 13:26:29 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56621 Dan, I want to learn the knack for selling people things they don't need! Dan, I want to learn the knack for selling people things they don’t need!

]]> By: Hsien-Hsien Lei, PhD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56620 Hsien-Hsien Lei, PhD Fri, 09 May 2008 13:25:48 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56620 I didn't post on Monday! But it was a Bank Holiday here in the UK. heh A little secret...some of the posts were written in advance and scheduled for posting later. I didn’t post on Monday! But it was a Bank Holiday here in the UK. heh

A little secret…some of the posts were written in advance and scheduled for posting later.

]]> By: Hsien-Hsien Lei, PhD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56619 Hsien-Hsien Lei, PhD Fri, 09 May 2008 13:24:21 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56619 TootingBecCommoner, Thanks for the comment! It's pretty obvious I'm not a businesswoman, eh? *blush* TootingBecCommoner, Thanks for the comment! It’s pretty obvious I’m not a businesswoman, eh? *blush*

]]> By: Steven Murphy MD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56617 Steven Murphy MD Fri, 09 May 2008 11:46:13 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56617 A little bit less ;) I happen to be in discussions with an excellent geneticist who helped develop that tool. It is a start.....Hopefully, we will have the next step shortly... -Steve www.thegenesherpa.blogspot.com p.s. I thought you were going to be posting less ;) A little bit less ;)

I happen to be in discussions with an excellent geneticist who helped develop that tool. It is a start…..Hopefully, we will have the next step shortly…

-Steve
http://www.thegenesherpa.blogspot.com
p.s. I thought you were going to be posting less ;)

]]> By: Steven Murphy MD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56616 Steven Murphy MD Fri, 09 May 2008 11:44:09 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56616 Dan, Now, Now......I said tremendously useful....not necessities. IMHO the only necessities are clean food and water. But I can do a lot of things with the iPhone, iMac, Airbook....etc... We still have a long way to go for the SNP chip scans.....I hate calling them genomic services....b/c they are not. Besides, the other products had prior markets. These services do not. I don't really covet apple branded things. But I do have a Nano....... -Steve www.thegenesherpa.blogspot.com Dan,
Now, Now……I said tremendously useful….not necessities. IMHO the only necessities are clean food and water. But I can do a lot of things with the iPhone, iMac, Airbook….etc…

We still have a long way to go for the SNP chip scans…..I hate calling them genomic services….b/c they are not.

Besides, the other products had prior markets. These services do not.

I don’t really covet apple branded things. But I do have a Nano…….

-Steve
http://www.thegenesherpa.blogspot.com

]]> By: Dan http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56612 Dan Fri, 09 May 2008 02:12:31 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56612 actually those items (iphone/ipod/macbook air) are far from necessities (all you need to do is go and read a few reviews of the macbook air to see how amazingly flawed it is in some people's opinions, but they will all admit to wanting one anyway), apple has an amazing knack for selling you things you don't necessarily need, but that you want. People covet apple branded products, many of their customers are typical early adopters, and likely the same kind of people who have a few thousand dollars to spend on some kind of personal genome service. actually those items (iphone/ipod/macbook air) are far from necessities (all you need to do is go and read a few reviews of the macbook air to see how amazingly flawed it is in some people’s opinions, but they will all admit to wanting one anyway), apple has an amazing knack for selling you things you don’t necessarily need, but that you want. People covet apple branded products, many of their customers are typical early adopters, and likely the same kind of people who have a few thousand dollars to spend on some kind of personal genome service.

]]> By: TootingBecCommoner http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56609 TootingBecCommoner Thu, 08 May 2008 17:54:52 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56609 hey Hsien - remember there are only three ways to increase revenue: 1. add new customers (let's say 23andme for now) 2. sell more stuff to current customers (lets say 23andme down the road) 3. sell the same amount of stuff as before to whoever you can, but raise prices (doesn't leave knome much wiggle room, really ....) .. and they all have their upsides and downsides hey Hsien - remember there are only three ways to increase revenue:

1. add new customers (let’s say 23andme for now)
2. sell more stuff to current customers (lets say 23andme down the road)
3. sell the same amount of stuff as before to whoever you can, but raise prices (doesn’t leave knome much wiggle room, really ….)

.. and they all have their upsides and downsides

]]> By: Hsien-Hsien Lei, PhD http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56607 Hsien-Hsien Lei, PhD Thu, 08 May 2008 16:47:55 +0000 http://www.eyeondna.com/2008/05/08/how-to-make-money-selling-personal-genomic-services/#comment-56607 How much less than 2500? ;) The HHS offers <a href="http://www.hhs.gov/familyhistory/">My Family Health Portrait</a> to help people organize their family medical history for free. How much less than 2500? ;) The HHS offers My Family Health Portrait to help people organize their family medical history for free.

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