The continuous growth of the U.S. pharmaceutical sales force is well-documented. The number of representatives in the U.S. has grown 85% during the last five years, with practically no physician growth.
Today, there are around 90,0001 pharmaceutical sales reps vying for physicians' time, and they command 40% of the total pharmaceutical sales and marketing budget. Therefore, it’s no surprise that improving the return on the sales force investment has become a top priority for pharmaceutical companies.
G & S Research designed RepReview to explore the issues and challenges of today's pharmaceutical sales environment. First conducted in 2003, the study captures real-world information about the healthcare marketplace from those on the front lines—sales representatives.
Results from the study provide candid insight to how sales reps interact with physicians and how they perceive their marketing support, employers, and competitive activity. The study specifically explores direct-to-consumer (DTC) advertising and co-promotions as well as guidelines established by the
Pharmaceutical Research and Manufacturers of America (PhRMA) and other current topics. Findings indicate:
- Reps are still not getting enough time with physicians.
- The lack of time with physicians is still overwhelmingly attributed to too many competitive reps.
- Only one in ten reps said they are informed about DTC initiatives related to competitors.
- A vast 93% of respondents indicated that PhRMA guidelines are negatively impacting their ability to do their job.
- Reps want more training in their respective treatment/ disease states and less on pharmaceutical marketplace issues.
- Of all sales reps surveyed, 85% think that public opinion of pharma manufacturers has declined in the past year, and most blame this on media coverage
Click to view the
RepReview 2005 Synopsis, which provides information on what reps think about the importance of samples in gaining access to physicians, their marketing department's understanding of the pharmaceutical marketplace, and much more.
If you're interested in receiving the full report for RepReview 2005 in May, please email Jill Wangler at
jwangler@gs-research.com.
1MedAd News February 2006