article thumbnail

Successful Strategy Execution

Steven Rosen

Many companies have highly sophisticated rigorous marketing processes, resulting in strong brand plans and marketing strategies. Even with brilliant marketing strategies and a solid management team, many companies miss their sales objectives. Yet, statistics show that 60%-90% of companies fail to execute their strategies.

Strategy 197
article thumbnail

A Straightforward Guide to Missionary Selling [+ Examples]

Hubspot Sales

For missionary sellers, their goal is not to complete a transaction — they are instead focused on educating an influential individual or decision-maker on the benefits of their product, in hopes that this individual can influence a purchase down the line. Pharmaceutical Sales. Head to this post to learn how it works.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Juuust right incentives

Sales and Marketing Management

Also, the element of risk influences the size of the reward. Example: A global pharmaceutical manufacturer uses 3 to 4 percent of base pay for spurts and 7 to 8 percent when introducing new products to the market. The more difficult the task, the greater the incentive. Tim can be reached at tim@timhoulihan.com.

article thumbnail

Do You Model What You Preach?

Smooth Sale

Attract the Right Job Or Clientele: The way for you to become an influencer and well-known is to model what you preach. Companies and entrepreneurs go to great lengths to market and brand their businesses. On a similar level, the tweet in question is about Pharmaceutical Reps who reward their clientele with reward cards.

article thumbnail

Juuust right incentives

Sales and Marketing Management

Also, the element of risk influences the size of the reward. Example: A global pharmaceutical manufacturer uses 3 to 4 percent of base pay for spurts and 7 to 8 percent when introducing new products to the market. The more difficult the task, the greater the incentive. Tim can be reached at tim@timhoulihan.com.

article thumbnail

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

Sales Training Connection

Many factors influence the physician’s view of the ideal experience. And with the ever-changing healthcare market space , selling to physicians is increasingly more difficult.

article thumbnail

Pharma sales – it’s a different world

Sales Training Connection

On the other side of the table with fewer sales reps seeing physicians face-to-face, physicians have come to accept the new normal – fewer free office lunches, reduction in paid speaker programs, and cuts in dollars paid for pharmaceutical and marketing research. Pay-for-performance is on the rise.