Archive for April, 2010

What A Drug Rep Should Do When A Doctor Says No

Friday, April 30th, 2010

#pharmaceutical #pharmaceuticalsales —  The last post introduced a common case where many drug reps promoting the SR/LA (long acting drugs) products will often get resistance from doctors as they say no to these often newer drugs.  They want to stick with the older and usually less expensive drugs.  If you are interested in drug rep jobs or medical sales careers, you should get familiar with this type of case since most pharmaceutical companies out there in the industry will be facing similar circumstances with their newer product lines.  So what should a drug rep do in these cases?

Fortunately, I’ve had much experience with this particular scenario in my various drug rep jobs over the years.  What drug reps have to do in these cases is to probe deeper for any dissatisfaction that doctors may have with the older drugs. Reps will have to ask something like, “Doctor, are there any patients that have compliance issues with three to four times per day dosing?”

Clinically, it is widely recognized that as dosing requirements increase, compliance levels will drop. Doctors will admit that there are some patients who either forget to take their pills or they are usually caught in activities making it inconvenient to take them (one example is outdoor work). When doses of drugs are missed, levels in the bloodstream will drop below what’s required for effective treatment.

Many patients will actually discontinue their treatments because of the inconvenience of multi-dosing. This is especially true with children who have to be reminded or interrupted in class during school hours to take their medications. In children, treatment failure rates with drugs requiring three to four doses per day often surpass 50%.

Needless to say, it can be very frustrating for physicians when patients do not take their medications properly or discontinue them altogether. Once doctors acknowledge the existence of these problem patients, the drug reps can offer the newer drugs as better solutions. That’s what good sales people do during their medical sales careers – provide solutions.

Once per day dosing results in much better compliance levels and therefore higher treatment successes. Even with kids, a single dose taken once in the morning before going to school is all that’s needed for the entire day. This is much easier than multi-dosing!

Smart drug reps convey the point that although the older versions of drugs are less expensive, they are useless if treatment failures are high due to non-compliance. Doctors will usually agree and start using more SR/LA forms to avoid these kinds of treatment failures. When physicians switch to using the newer long acting medications, it becomes a win-win situation for all.

We’ll get more into the lesson behind this case in the next pharmaceutical sales blog post here.  Take note that if you bring up such as case as a discussion point during your interview for drug rep jobs, the interviewer would be delighted since it shows that you have some appreciation of what really goes on in the industry.

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Case Study During Jobs In Pharmaceutical Sales

Thursday, April 29th, 2010

#pharmaceutical #pharmaceuticals —  Here is the first case study from my years during jobs in pharmaceutical sales that I will present.  It is about selling newer SR/LA drugs against older versions.   This is a common pharmaceutical sales scenario where drug representatives will try to convince doctors to use newer long acting drugs known as sustained release (SR) or long acting (LA) versions of older short acting medications.

Short acting drugs do not last long in the bloodstream so they must be dosed three to four times per day while the new SR/LA forms require to be taken only once per day. Long acting drugs are slowly released in the bloodstream resulting in constant levels throughout the day even with single doses.

For the added convenience of single dosing, there is usually a significant premium in cost with the SR/LA drugs compared to the older originals. This is especially true in the case of many drugs including antihypertensive agents and antibiotics that have already been genericized (duplicated as brand ‘X’).

Many drug representatives promoting the SR/LA products will often get resistance from doctors who want to stay with the older drugs as they would say, “The new drugs are too expensive so I’ll stick with the old ones.”

So that is a major objection and a pretty common one during jobs in pharmaceutical sales.  Doctors just want to keep using the least expensive drugs that have been around for years.  This is especially true for geographical areas that have many patients that do now have high income levels and lack of adequate insurance coverage for medications.  Both doctors and patients can be extremely price sensitive for drugs.

As for the solution on what drug representatives should do, I will present what actually happened in my own case while out in the field since I did promote a few drugs that fit into this scenario.  But I won’t do it now since I would like to invite your thoughts and comments on this problem first.

I will present a feasible solution on my next blog post.  Then you can see the overall case and get an appreciation of the interesting strategies used in jobs in pharmaceutical sales.

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Coming Out With Pharmaceutical Sales Success Stories

Wednesday, April 28th, 2010

I will be posting some of my most memorable pharmaceutical sales success stories from all my previous years out in the field calling on doctors, clinics and hospitals.  These are actual real life cases which describe challenges and how they were conquered from a pharmaceutical sales point of view.

This will give you a glimpse of what the industry is like and perhaps a better appreciation of just how much marketing and sales planning are required for successful business in this industry.

Pharmaceutical sales levels of pretty well any prescription and over the counter product can be tracked quite accurately even by pharmacy and postal zip code these days.  This capture system allows sales forces to really zero in on which areas are performing well and which ones need attention.

It’s certainly not like the old days when all drug representatives had to do was simply drop off free drug samples at various clinics.  Drug reps really must sell to the doctors and other medical staff.

The success stories that will be outlined here clearly illustrate some of the strategies that sales and marketing departments of pharmaceutical companies must use in order to be successful.

These stories are quite entertaining and will be posted here on this blog individually over the next few weeks.  They can actually be talked about during job interviews for pharmaceutical sales positions because interviewers always love to hear and discuss sales stories from the field.  You don’t have to have been part of any of these particular successes but even to mention that you read them online will show the interviewer that you’ve been doing your research in this industry.

So stay tuned as the first pharmaceutical sales success story will be posted soon.

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Six Audio CD Pharmaceutical Sales Program

Monday, April 19th, 2010

Currently, my 5.5 hour audio program for How To Get A Dream Job In Pharmaceutical Sales – Direct Inside Advice and Guidance From a Sales Manager fits on a single CD since I use MP3 files.  Also included in that CD are two free ebook bonuses and the entire ebook version of this program as well.

I have the option to change this single CD program to a multi disc CD program using standard audio files instead of MP3s.  This way, people can play the audio in their cars and portable CD players.  Since MP3s are not supported by most car and portable systems, the current audio program must be played either in the computer or an iPod device.

If I move to the multi CD format, the audio program will go up in price a bit since there’s more cost involved in producing such a version.  But the demand for an actual CD has not been high yet since most people who want the audio version of my book have been happy to download the audio files rather than wait for a physical CD to be shipped to them.

Unless I hear otherwise, I will keep the MP3 CD as it is for now rather than make the move to a multi CD program.

If you have thoughts on this, please comment.

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Networking For Pharmaceutical Sales Jobs

Monday, April 12th, 2010

#networking #pharmaceuticalsales #pharmaceutical — I was asked a question about networking for those who are interested in pharmaceutical sales.  Although there are many networking groups out there in many cities, these are likely not targeted enough for pharma sales jobs.  Ideally, you want to target those in the pharmaceutical sales field and those with connections to the field.  Your average networking group out there probably won’t have many such candidates.

My book, ‘How To Get A Dream Job In Pharmaceutical Sales – Direct Inside Advice and Guidance From a Sales Manager‘ goes into a LOT of detail on the topic of networking for a pharmaceutical sales job.

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Doctors Getting Harder To See For Drug Representatives

Saturday, April 10th, 2010

#pharmaceuticalsales #pharmaceutical – I had lunch with two of my former colleagues from the pharmaceutical industry yesterday and they both told me that doctors in general are getting harder to see for drug representatives.  One calls on only specialist doctors and said that many specialists are limiting drug representatives to only two appointments per year.

However, even with these limitations to access, the pharmaceutical companies are still mandating that their sales forces to see key physicians a certain number of times per year on the minimum and these are always much more than two.

So drug representatives must be more creative in order to meet these doctor sales calls quotas.  What this means for those who wish to become drug representatives is that they need to be creative individuals in addition to having great communications skills.  It would be best to demonstrate past examples of creativity in job interviews.  Aspiring drug representatives should get as much knowledge as possible before such job interviews and one resource would be “How To Get A Dream Job In Pharmaceutical Sales – Direct Inside Advice and Guidance From a Sales Manager“.

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A Good Time To Network With Drug Reps

Tuesday, April 6th, 2010

#pharmaceutical #pharmaceuticalsales  - Drug reps from companies should be back from their annual kick off sales meetings by now and should in full force on their sales territories.  Therefore, this would represent a good time to network with the drug reps in your local area.  Networking with local drug reps of course is an important activity in your search for a drug representative position.

Local drug reps can not only give you the present situation about their companies, but can also act as personal referrals to their sales managers if they like you.  So don’t discount this important activity.  This strategy is outlined in detail in my book and audio program ‘How To Get A Dream Job In Pharmaceutical Sales – Direct Inside Advice and Guidance From a Sales Manager’.

If you haven’t taken my free 30 minute webinar yet, check out Free Drug Representative Careers Webinar.

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