article thumbnail

A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. However, a recent article from the Harvard Business Review suggests the stagnant methods of pharmaceutical sales rep compensation may be the root cause of an even bigger public health issue. Share your thoughts in the comments below!

article thumbnail

A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. However, a recent article from the Harvard Business Review suggests the stagnant methods of pharmaceutical sales rep compensation may be the root cause of an even bigger public health issue. Share your thoughts in the comments below!

Insiders

Sign Up for our Newsletter

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

article thumbnail

Who Is Your Customer?

Partners in Excellence

We aren’t a healthcare company and don’t buy medical devices/pharmaceutical products. Even within our market/firmographic/demographic/persona profiles not every organization is “our customer.” We get prospecting outreaches from companies that should never reach us. We don’t buy industrial machinery.

article thumbnail

Medical sales – tailoring sales to physician preferences – An STC Classic

Sales Training Connection

Personal preferences, communication styles, level of disease understanding, practice setting, local formulary control, disease specialty, and patient demographics, among others, shape the physician’s preferences for interaction. Many factors influence the physician’s view of the ideal experience.

article thumbnail

8 Ways Marketing Analytics Can Drive Business Growth

Pipeliner

For example, pharmaceutical companies use behavioral and demographic segmentation strategies to market their products for optimal efficiency. To achieve this, they must employ marketing analytics to identify the regions where their pharmaceutical items have the highest conversion rates and concentrate their marketing efforts there.

article thumbnail

Winning the Social Media Engagement Contest

The ROI Guy

Industries found to have companies with the least overall social media engagement (on average) include: Energy; Utilities; Wholesale & Distribution; Pharmaceuticals; Healthcare; Chemicals; Professional Services / Service Providers.

article thumbnail

TOP 10 HEALTH CARE CRM

Apptivo

With a good quality health care CRM in place, you can analyze and segregate the patient demographics, no-show rate, the typical patient lifecycle, how patients discover the medical services, the response of marketing messages and so on. It is widely used by the pharmaceutical industry in providing superior patient care. CRM creatio.