Strategies For Gauging Sales Force Effectiveness With Skilled Pharmaceutical Consultants

All the work that you put into creating and positioning the product will be of no use unless the pharmaceutical company can successfully market its products to the end-user. It is so important to choose a top notch sales and marketing team, training them in the overall benefits and value of the products, as well as the fundamental strategies necessary to be able to achieve a desired result in the market. Sales force effectiveness is of such critical importance, yet it is often poorly reviewed or supervised. Generally, pharmaceutical consultants have the desired levels of training to be able to motivate the company sales force, resulting in considerable financial gain due to elevated efficiency.

Have you ever heard of the saying, coined by a famous football coach – “winning isn't everything, it's the only thing!” Remember to keep this mindset engaged at all times. After all, a sale is either won or lost and a lost sale is of no value whatsoever, experience gained and contacts made notwithstanding.

It is essential to correctly motivate a team and one of the first things that a pharmaceutical consulting firm will help initiate is the creation of meaningful measurement tools. It is important to remember that activity levels are not the “be all and end all” of sales. A sales executive is not necessarily highly efficient, even though his or her volume of sales may be high, as ultimate value must be assessed. The creation of the account must foster a value relationship between all the principals, quite apart from the raw dollar amounts involved. Of critical importance is the alignment between the company and the buyer's strategy. A correct level of incentive is very important and sales people must clearly understand that both the client and the company must achieve value before any deal is consummated.

Levels of incentive must be tied to achievable and attainable levels and goals. There must always be something for the salesperson to reach and always a further incentive throughout the sales structure. If the sales executive is able to “get” to an end result, then he or she will not be adequately motivated to reach even further and keep working.

Time management is essential and while a sales manager will undoubtedly have administrative elements to take care of, the company should make sure that he or she is able to complete these as efficiently as possible, using provided, high-efficiency tools as needed. Did you know that many sales executives actually spend less than 25% of their time in direct communication with clients?

In summary, a sales team can only be highly effective if they have been trained well and are involved in an ongoing process of training. This will include not only product education but also sales technique and delivery elements as well as time management and application theory, with the science of personal inter-communication. Bring in pharma consulting experts to get the mix right.

Alan Gillies is the Director of L2L Consulting, an elite pharmaceutical consultancy firm which specialises in Strategy Development and Implementation Excellence for prestigious multi-national organisations.