This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
With the evolution of the pharmaceutical industry, embracing digital tools like Showpad will be crucial for staying competitive and enhancing sales growth, in addition to offering critical insights for refining your salesstrategies. Begin by setting up user accounts and integrating Showpad with your existing CRM.
Salesstrategy consulting is a specialized form of management employed by a sales consulting firm that focuses on helping businesses improve their sales performance and achieve their revenue goals. So now that you have the gist of what salesstrategy consulting is, let’s better understand what a sales consultant is.
Essentially, it’s all about you — and that rarely works as a salesstrategy, particularly when you’re dealing with complex selling situations. Mindset, attitudes and beliefs often take a back seat to things like simple productknowledge, sales techniques and CRM and outbound activity management.
Let’s explore what effective sales training looks like, why it’s important for small businesses to invest in sales training as part of their broader salesstrategy and how you can ensure a sustainable return on the investment.
In this blog, we’ll explore the essential skills needed to excel in medtech sales. Productknowledge At the heart of medtech sales is a deep understanding of the products and solutions you are offering. Proficiency with CRM systems and other sales technology is a valuable asset.
Common Reasons for Failing to Meet Medical Sales Rep Goals Medical sales reps often fail to meet their goals due to certain factors. Lack of Training and ProductKnowledgeSales reps are often expected to sell highly complex medical products that require deep technical knowledge.
These teams not only drive productsales but also build lasting relationships with healthcare professionals, helping deliver innovative medical solutions to those who need them most. The key to a high-performing team includes clear communication, deep productknowledge, and adaptability to changing market needs.
Revolution in the Pharma World: Tracing the Evolution of Pharmaceutical Sales Training Historical Context: From Door-to-Door to Digital "The Journey of Pharma Sales Training: A Look Back in Time" Remember the good old days when pharmaceutical sales training meant memorizing product details and perfecting the art of door-to-door sales?
Source: Lucidchart Develop an Effective Product Training Program Once you have mastered hiring sales reps, these reps will need to be trained. Every medical device sales rep should know the product like the back of their hand. In most cases, successful training for your new reps will take place over their first 90 days.
This requires the sales representative to stay up-to-date with the latest advancements in healthcare products and technologies. Plus, many jobs in medical sales offer a degree of autonomy, allowing the sales representative to manage their schedules and salesstrategies.
Enhanced ProductKnowledgeProductknowledge is an increasingly important aspect of sales, especially in the B2B market. Less attention goes to continually training reps, providing new productknowledge, and giving your sales team resources for the newest salesstrategies and tactics.
With over 30 years of experience in staffing medical and B2B sales reps, clinical sales, and service positions, Rep-Lite can help you offload the burden of building sales teams and creating B2B salesstrategies, processes, and business planning. How do you analyze data and use it to improve salesstrategies?
These types of medical sales certifications can cover medical terminology, sales techniques, compliance, and productknowledge. ProductKnowledge There are layers to productknowledge that should not be taken for granted.
They meet with customers face-to-face to provide product information and education. They also answer customer questions, provide after-sales support, and close deals. Therefore, outside sales reps need to have strong productknowledge and be able to think on their feet.
SKOs are the perfect opportunity to equip the team with this critical knowledge. Why Product Education is Essential In highly competitive industries like life sciences or technology, productknowledge is a crucial differentiator.
Sales reps should be adept at communicating these advantages, making it clear how the product improves upon standard care, enhances clinic efficiency, or offers a strong return on investment for healthcare facilities. It is crucial to delineate which healthcare sectors or specialists will most benefit from your device.
These evaluations typically target key focus areas including medical device salesstrategies and sales skills, collaboration, communication, decision-making, problem-solving, morale, and motivation. Then perform a productknowledge and skills gap analysis.
ProductKnowledge : In-depth knowledge of the pharmaceutical products you represent is essential. Business Acumen : Understanding the pharmaceutical market, competition, and the business side of the industry is just as important as sales skills. What do you know about our products?
Sharpen your skills by understanding your client’s needs, conveying the value of your products, and finding mutually beneficial solutions. ProductKnowledge and Demonstrations In-depth productknowledge will be your strongest asset in the field. Difficult customers present an opportunity for growth.
Related: How to Upskill Your Sales Team with Role-Play Simulations The practice of using storytelling as part of an effective salesstrategy is backed by scientific study. Are your reps starting with a hook and then building credibility by establishing who they are and what they bring to the table?
Structured Interview Process: Use open-ended interview questions that evaluate both soft skills (communication, empathy) and hard skills (territory management, productknowledge). Once the right candidates are identified, a meticulous onboarding plan ensures rapid productivity. Incorporate these nuances into your KPI targets.
We organize all of the trending information in your field so you don't have to. Join 8,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content