Job Training and Career Qualifications
Bachelor of Business Administration (BBA)
What does it take to become a Pharmaceutical Sales rep?
What does a pharmaceutical sales rep do?
You have pharmacy degree from foreign country and ca board of pharmacy technician license can you get pharmaceutical sales rep job?
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How much does the average pharmaceutical sales rep make?
Set your own Direction as a Pharmacuetical Representative. ?
If there is one job in the industry of medicine that allows you to exercise the most sales skills with the most room for compensation, it is as a pharmaceutical representative. The job of the pharmaceutical rep is simply to sell the products of the parent company to doctors who will use them and also to expound upon the benefits of the company brand over its competitors so that doctors will prescribe it more. Competition in the industry of medicine is extremely harsh because there are not many competitors, and so when a competitor makes a drug that could be used in place of another, that company will often experience drastic drops in profitability. The pharmaceutical rep has the job of keeping profits up by doing what ever it takes to keep doctors using the drugs of the company. The pharmaceutical rep has a lot of freedom in doing his or her job. They are often given expense budgets that they can use at their discretion to woo doctors. This money often takes the form of free lunches for office staff and doctors, buying gifts for medical professionals and even vacations for high profile doctors. The pharmaceutical industry is a very free profession, as none of this is illegal or even unethical. The pharmaceutical rep has the most room to use his or her ingenuity to create a career for him or herself. The downside to this type of job is that it is mostly commission, meaning there is a very minimal fixed salary that a pharmaceutical rep is promised, if there is any at all. After a certain level, the jobs become commission based completely, but it is often hard to ramp up to a sales list where this becomes feasible. A pharmaceutical rep usually needs training in the products of the company and in sales in general; however, it is much better if you come to the pharmaceutical company with sales training in advance. Top pharmaceutical reps can earn up to $250,000 a year, all on commission. The minimum salary for beginning pharmaceutical reps is somewhere in the neighborhood of $20-$25,000.
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What is the average salary for a medical sales rep?
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What labor markets should be considered when recruiting to fill in opening for a sales representative for a pharmaceutical manufacturer?
It would be best to recruit from local universities. Both Marketing and the medical educational programs would offer invaluable experience to the pharmaceutical industry. Additionally it would provide cheap labor if the students are interns and offer the posibility of getting a more experiences sales rep once complete their academic requirements at the university. It would be best to recruit from local universities. Both Marketing and the medical educational programs would offer invaluable experience to the pharmaceutical industry. Additionally it would provide cheap labor if the students are interns and offer the posibility of getting a more experiences sales rep once complete their academic requirements at the university.
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What is the Educational qualification for medical representative?
Most of the training to become a medical rep is provided by the company that hires you. A willingness to travel is also essential, as much of your work is done on scene with doctors. Sales experience, especially in pharmaceutical sales, is desired by most companies, but for entry level positions you can still be hired without the experience. Some specific requirements that many corporations require are: A Bachelor's degree Strong clinical skills Sales ability Strong work ethic and customer focus orientation Excellent communication and organizational skills Most countries require some licensing of pharmaceutical reps, but this is usually taken care of by your company during your initial training.
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How are sales commissions figured in the promotional products industry?
While sales commissions vary from business to business there are industry standards. How sales commissions are figured depends on the pay structure of the sales rep. Sales reps may work straight commission, salary plus commission and others, it depends on the agreement between the company and rep. Salespeople normally receive their commissions when they write up an order, or when the client/customer pays their invoice. Typically a sales rep gets paid when the sale is complete to avoid problems if an order derails before completion.