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Most people think "selling" is the same as "talking". But the most effective salespeople know that listening is the most important part of their job. Roy Bartell

Sales ppt training and develop in pharma industry

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Page 1: Sales ppt training and develop in pharma industry

Most people think "selling" is the same as "talking". But the most effective salespeople know that listening is the most important part of their job.

– Roy Bartell

Page 2: Sales ppt training and develop in pharma industry

SALES MANAGEMENT

SJ&G PHARMACEUTICALS

SHUMAILA ZAHEERMUHAMMAD ALI KHAN

OMAR IQBALASFIA GUL

Presented to: Sir Saeed Ur Rahman

Page 3: Sales ppt training and develop in pharma industry

PHARMACEUTICAL INDUSTRY

Country Sales 215.12 Billions

Growth 17%Source: SALS Pakistan Pharmaceutical Sales Index

Page 4: Sales ppt training and develop in pharma industry

DIFFERENCE BETWEEN PHARMACEUTICAL AND FMCG

•Customer in not the end user

•Only field in which the customer know more about the product then the Sales person

•Customer follow-up is essential

Page 5: Sales ppt training and develop in pharma industry

DEPARTMENTS OF SJ&G PHARMACEUTICALS

• RELATIONSHIP BETWEEN DEPARTMNENTS

• SALES AND MARKETING

• FINANCE

• HUMAN RESOURCE

Page 6: Sales ppt training and develop in pharma industry

SALES HEIRARCHY

Page 7: Sales ppt training and develop in pharma industry
Page 8: Sales ppt training and develop in pharma industry
Page 9: Sales ppt training and develop in pharma industry

HIRING PROCESS3 major steps

Analyzing sales personnel needs

• Determining the number of salespeople required

• Identify the type of personnel desired

• Realistic understanding of both helps to develop recruitment, selection & training programs

Recruiting sales candidate

• Identifying potential salespeople and attracting them to the firm

Screening/Selection

• Eliminating unqualified and undesirable

• Choosing best from qualified applicants

Page 10: Sales ppt training and develop in pharma industry

Job Analysis • First step in determining the salesperson desired

• Careful, objective study & written summary of specific sales job

Preparation of a job description• Detailed, written statement of a specific function salesperson must perform

• Includes guidelines about the relative importance of each function

• Provides focal point of hiring process

• Basis for preparing job application form, interview forms appropriate psychological tests and other selection tools

Page 11: Sales ppt training and develop in pharma industry

Writing a Job Description

• The nature of the products and services

• Customer type(s) and the frequency of calling

• Specific tasks and responsibilities

• Relationship(s) between rep and other people in organization

• Intellectual and physical demands of the job

• Environmental factors affecting position, such as amount of travel

• Compensation method used

Characteristics of a Good Job Description

• Written Form

• Accepted

• Specific

• Inclusive

• Detailed, But Terse

Page 12: Sales ppt training and develop in pharma industry

Use several recruiting sources

• Internal, friends, customers, suppliers

• Sets up a skill profile or composite of traits and characteristics of the top achievers in a sale organization

Applicants search - sources

• Candidates within the company

• Employee referrals

• College and university students

• Trade and newspaper advertisements

• Employment agencies

• Internet

Page 13: Sales ppt training and develop in pharma industry

SELECTION PROCESS

3 Phase Process

1. Preliminary Screening (resumes/applications)

2. Initial interview

3. Intensive interview

Page 14: Sales ppt training and develop in pharma industry

Selection Process

Preliminary Screening resumes/applications

Education Work experience Age Activities Other historical/factual

information

Insufficient education Low grade point Insufficient work

experience Poor work record

Initial interview

Personal characteristics, dress, appearance, cleanliness

Personality – interactive skills, verbal ability

Motivation Interest in company

Offensive personality Low grade point Insufficient work

experience Poor work record

1 2

Page 15: Sales ppt training and develop in pharma industry

Intensive interview & testing

• Offensive personality• Low social ability• Low test score• Poor health condition• Unrealistic career goals

Selection decision

• Make offer• Postpone until• further required

information

• Personal characteristics• (still under observation)• Personality • (further assessment)• Group interaction• (social ability)• Mental aptitude for position• Physical health• (medical examination)• Career goals

Selection Process

3

Page 16: Sales ppt training and develop in pharma industry

Making the Job Offer

Follow up with first-class letter containing formal offer of employment, should include

• Deadline for accepting the position

• Info about responsibilities

• Starting salary

• Allowable moving expenses

• Formal training dates

• Probation period

• Time before first performance review

• When rep will first be eligible for a raise

• Number of vacation days

Page 17: Sales ppt training and develop in pharma industry

TRAINING METHODS

THERE ARE MAINLY TWO TYPES OF TRAINING THAT TAKES PLACE:

1. IN HOUSE/ON JOB TRAININGI . PRODUCT TRAININGI I . SKILLS TRAINING

2. INFIELD TRAINING

THE MOST EFFICIENT WAY AN ORGANIZATION CAN INCREASE MARKET SHARE, REVENUE, AND PROFIT AND CONTINUE TO DOMINATE IS BY

DEVELOPING A MORE EFFECTIVE SALES FORCE AND BY GETTING EACH AND EVERY TEAMMATE TO OVERACHIEVE WHAT THEY THOUGHT

POSSIBLE.”-JOHN RUSSO

Page 18: Sales ppt training and develop in pharma industry

SKILLS TRAINING PRODUCT TRAINING

Page 19: Sales ppt training and develop in pharma industry

Skills training in SJ&G pharmaceuticals

• Managers Development• Time management• Decision making• Frequency of skills training is less because few new products are

launched as the Ministry of Health is involved in decisions.• Expensive for e.g. Sheraton Hotel or Marriott are costly venues.• Average cost Rs1000 per head minimum, 100 field force so that makes

Rs100000 which is costly company so cannot be conducted frequently.• Expensive in terms of time as the field force has to attend the training

which means no force on field so loss of sales. As time is money! • 4 times in a year is preferred but depends on the annual budget of SJ&G

pharmaceuticals.• Is conducted at least once or twice a year. • How often training skills training is needed depends on the sale

Page 20: Sales ppt training and develop in pharma industry

Product training in SJ&G

• Product specific, e.g. launching new medicine and training the sales force about its specifications, dosage and chemical content.

• Training the sales force about the competition in the market and how to deal with it by differentiating yourself from competitors.

• Strategies that will be used to deal with the doctors which are the real customers.

• Briefing the sales force about the price of the medicine.

• The background and medical knowledge about the medicine.

• The gifts that that will be given to the customers to increase sales e.g.: the doctor wants to attend a seminar in Singapore SJ&G will sponsor it. The sales force will be trained by the managers to ensure profitable sales of the new product.

Page 21: Sales ppt training and develop in pharma industry

Infield trainingInfield sales coaching is the term used to describe when a sales manager coaches a sales person in their sales territory. This can be a geographical or market segmented sales territory. Sales’ coaching is an ongoing process and not a single event.

Infield training in SJ&G pharmaceutical

The business unit Manager Mr. Saad Ali Siddiqui quoted ;“It’s a continuous process, I go with them on bike and train them on the spot, and I

observe them on the field”. Notices all the complaints made by the doctors’ e.g.

“Your sale REP was not holding the bag properly or was very aggressive in attitude”.

It depends on the managerial style of the manager how he trains them on field.Some managers prefer sitting in office and passing orders while others like me go on in the filed with the sales teams and train them accordingly.

“I am friendly with my sales force and this is what makes them stay with me and work along, I prefer being on the field with them at least once in a month to

observe the and monitor them”-Saad Ali Siddiqi

Page 22: Sales ppt training and develop in pharma industry

THE BUDGET SPEND BY SJ&G PHARMACEUTICALS ON TRAINING AND DEVELOPMENT

SJ&G considers training as crucial and believes that the sales force of pharmaceutical industry needs more training as they deal with sensitive products which needs proper

guidelines to be followed e.g. the dosage of the medicine.

“It’s the only industry where the customer knows more than the seller about the product”!

“Our sale force needs special training as they have to deal with qualifies professional doctors”. Mr. Saad Ali Siddiqui

SJ&G spends around 1% to 2% of the total sales budget on training and development of sales force.

The manager quoted;

“Achieving a target of 1 Crore means spending 20 lacs on training which is 20%, which is a good amount and is enough for training a large workforce of about 100”.

Page 23: Sales ppt training and develop in pharma industry

Training Cycle

• Investigate Training Needs

•Design Training Program

•Conduct Training

•Evaluate Training

Page 24: Sales ppt training and develop in pharma industry

OBJECTIVES

•Financial

•Development

Page 25: Sales ppt training and develop in pharma industry

Financial Objectives• Annual/Quarterly/Monthly

• Review of Targets

• Decided by Country Head

• Consideration-Last year's growth

• Divided on Quarterly Basis

• Qs divided in months

• Crucial days-25 onwards

• Accumulation, of % missed or over achieved

• Productivity, Value and Units

Page 26: Sales ppt training and develop in pharma industry

Developmental Objectives

• Growth of the Salesperson

• Adaptation to Change

• Better relationships with Customers

• Product Knowledge

• Analytical Skills

• Objection Handling Skills

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Evaluating Training

•Feedback questionnaire given to participants

•One-to-one discussion

•Discussion at team meeting if training was for whole team

•Monitoring performance/performance appraisal

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Importance

• Help in addressing employee weaknesses

• Improvement in workers performance

• Consistency in duty performance

• Ensuring worker satisfaction

• Increased productivity

• Improved quality of services and products

• Reduced cost

• Reduction in supervision

Page 29: Sales ppt training and develop in pharma industry

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SIR.