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The Pharamceutical Industry
The pharmaceutical industry is one of the most challenging & rewarding sales industries in the United States, with increasingly greater sales opportunities for independent reps.
It is an aggressive market, with new products continually appearing and familiar products assuming generic form. A manufacturer, supplier, or service provider (or as referred to here, a "Principal") needs outside sales reps who enjoy an intellectual challenge, who have a background in the sciences or selling medical and pharmaceutical products, and who have contacts with doctors and healthcare staff.
If you are an outside sales rep in the pharmaceutical industry, RepHunter offers fantastic opportunities to meet Principals looking for commission based independent reps. One of the major pharma trends is to rely more and more on 1099 reps as part of the sales force. Tap into the potential of pharma sales with RepHunter by clicking one of the two buttons to the right today.
Did you know?
Independent Reps in the Pharamceutical Industry
The pharmaceutical industry has grown into a very important and “recession-proof” part of the US economy. Generic pharmaceutical manufacturing is expected to grow by 6.3% between 2012 and 2017, according to market research firm IBISWorld. This sector in particular has demonstrated great potential for independent sales reps that can bring an entrepreneurial skill-set to the table and promote pharmaceutical products once their patents have expired.
For Principals, independent sales reps have a great deal of appeal in the pharmaceutical industry based on their connections with healthcare professionals and their background in the field. An experienced outside sales rep with the persistence to last through a lengthy sales cycle, and multiple “touches” with physicians, healthcare staff, and purchasing groups, is of premium importance.
For an independent sales rep in the industry, trends in pharma point the way to greater opportunity than ever. Commissions may be based on scripts or on samples given out. Fresh approaches to selling drugs are appreciated, as companies look for outside sales reps that make the most of their face time with medical staff. A lean, mean sales machine able to apply scientific knowledge to sales and deepen relationships within a specific health niche (heart medications, antidepressants, etc.) may be the future face of the pharmaceutical industry.
RepHunter is a great venue for Principals to find the most highly qualified independent sales reps, and for sales reps, lucrative new lines in the pharmaceutical industry. Search lines and outside sales reps and join today to expand your horizons in the pharma industry.
Find Independent Pharmaceutical Sales Reps Jobs
For independent sales reps, the pharmaceutical industry offers increasingly profitable and available opportunities. To succeed in pharma, you don’t need to look for drug rep jobs where you must abandon the independent, commission based lifestyle to which you have become accustomed. More and more companies are looking for 1099 reps that will bring a mix of existing business relationships, entrepreneurial skill, and scientific knowledge, interest, and background to the table to generate new revenue for pharmaceutical products.
How do you find these opportunities, and present your experience in a compelling way to earn new contracts? Read our tips for outside sales reps below.
Demonstrating Pharmaceutical Knowledge
What sets pharmaceutical sales rep positions apart from other sales opportunities is the amount of scientific fluency required. For an independent rep, this goes even deeper than it does for in-house pharmaceutical sales rep jobs. Independent reps need to be able to persuade doctors and medical staff to prescribe or purchase drugs based on recent trials, on demonstrated success, and data filled reports. Background in or ability to quickly pick up on pharmacology and chemistry are vitally important to succeeding in this field as an outside sales representative. Developing a medical specialty or two, say in diabetes, heart health, or mood disorders, can set you up to earn new lines more easily. Medical professionals have limited time to listen to sales pitches, and being intimately familiar with what they do can maximize your time and theirs, and leave a good impression. The investment in knowledge and news does pay off, as pharmaceutical sales rep opportunities can be extremely lucrative.
Stay Up to Date on Certifications
You can get your foot in the door more easily if you not only have a science background (a B.S. or even a Master’s in the sciences) and experience in pharmaceutical sales rep jobs, but also have certifications from leading pharmaceutical associations. One of those associations, The National Association of Pharmaceutical Sales Representatives, offers training and certifications. The American Pharmaceutical Sales Association also offers certification programs. These can help you stand out as an outside sales rep.
Work Ethic and Connections
Another important aspect of getting new lines and being able to succeed at selling pharmaceuticals is work ethic. Can you show that you are willing to pound the pavement, attend trade shows, arrange presentations and attend conferences to get the most product ordered? Demonstrating that you have existing relationships with doctors, health care providers, nurses, and other medical staff will help you find new lines and commissions at a rate that are most favorable to you.
If you are looking for more than your average in-house pharmaceutical sales rep jobs, you’ve come to the right place. Follow industry trends and look into independent pharmaceutical sales rep opportunities on RepHunter today. Click on the button below to create your profile, start your search for lines and boost your success as an outside sales rep.