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MedTech sales – understanding healthcare value propositions is a new key to success

Sales Training Connection

We came across a Booz study addressing the changing times in healthcare. The question at hand is what is the right “go to market” strategy in order to capture significant market share as an uncertain future unfolds. In response hospitals will craft value propositions along these three dimensions – care, access, and cost.

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MedTech sales – past success doesn’t guarantee future wins

Sales Training Connection

Perhaps more unsettling, a global study of 4,500 employees at 38 MedTech companies found that skills in critical areas such as key account management and marketing are at less than ideal levels. If you found this post helpful, you might want to join the conversation and subscribe to the Sales Training Connection.

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5 Steps for a Winning Virtual Product Launch

Allego

Ness is the founder of Field Factor Training and was recently featured on the Adapter’s Advantage podcast. Ness is one of many people brought into the launch process as drug tests and studies gain momentum. 2 Train and Iterate Rapidly. Be fearless and just do it. Go on your gut.”. 4 Seek New Lead Acquisition Strategies.

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Pharmacosmos: 11 Best Practices for Onboarding in a Hybrid World

Allego

This article originally appeared in LTEN Focus on Training. For Melissa Young, associate director of sales training and development at Pharmacosmos Therapeutics, the start of the pandemic coincided with the company’s first product launch. Overnight, Pharmacosmos had to hire, onboard, and train all its sales force virtually. “We

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Think Robots Will Replace B2B Sales Reps?

No More Cold Calling

According to a study by Bank of America , robots are likely to be performing 45 percent of manufacturing tasks by 2025. The article included a marketing expert’s explanation for why societal changes would render the door-to-door salesman obsolete: “Advertising is producing better results than the old method of personal solicitation.”.

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Innovative Allego Trailblazers Recognized at S3 Virtual Showcase

Allego

Nearly 700 sales, training, and learning and development professionals from leading companies attended Allego’s S3 Virtual Showcase in June. Presented by Annabel Chynces, AVP of Distribution Training and Development. The competition highlights real-world Allego experiences of three leading-edge customers.

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The Science of Motivation

Sales and Marketing Management

This is more pronounced in some industries, such as pharmaceuticals, where regulations impact how much influence a rep has over the writing of prescriptions. Scott Jeffrey, PhD, was in graduate school at the University of Chicago when he decided to figure out how academic studies applied to real sales reps in the field.