Remove Data Remove Incentives Remove Marketing Remove Pharmaceuticals
article thumbnail

A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. Firstly, organizations will need to become more reliant on Anonymous Patient-Level Data (APLD).

article thumbnail

A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. Firstly, organizations will need to become more reliant on Anonymous Patient-Level Data (APLD).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (Allergan)

Xactly

Those who work to create a plan for their company must develop a compensation process and incentive plan that will motivate the right sales behaviors to achieve goals, all while driving growth. Allergan is a leading pharmaceutical company headquartered in Dublin, Ireland. What are the biggest challenges you face in your role today?

article thumbnail

Performance Platforms

Sales and Marketing Management

With those numbers in mind, if you are a sales manager, HR director, marketing manager or other executive charged with increasing employee engagement or driving customer loyalty, what tools do you think make sense to use as your starting point? Not your father’s incentive program. “We (Source: National Retail Federation).

article thumbnail

X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (Allergen)

Xactly

Those who work to create a plan for their company must develop a compensation process and incentive plan that will motivate the right sales behaviors to achieve goals, all while driving growth. Allergan is a leading pharmaceutical company headquartered in Dublin, Ireland. What are the biggest challenges you face in your role today?

article thumbnail

MBO Examples to Kickstart Your Sales Team Engagement

Xactly

To help, we’ve created MBO examples to get you going in the right direction and help you visualize how goals and objectives might differ by industry and role (Note: the same should apply for compensation and commission plans ), whether it’s in sales, marketing, or manufacturing. Online Marketing. Watch Webinar.

article thumbnail

5 Steps for a Winning Virtual Product Launch

Allego

For self-proclaimed “professional drug launcher” Courtney Ness, this is less of a brag and more of an incentive. Once the drug or medical device is ready to hit the market, it’s too late to start planning your sales approach and marketing materials. “‘Can you launch a drug virtually?’ I’ve done it six times since March.”.