Last Updated On 05 Jun, 2020
Medical Representatives, also known as Medical Sales Representatives or Pharmaceutical Sales Representatives are professionals who promote and sell medical products (mostly medications) for pharmaceutical companies and laboratories. Apart from selling and promoting medications, a medical representative also prescribes drugs and medical equipment to the clientele.
The professionals implement different strategies to build awareness of medical supplies of the employer company. These representatives should be persuasive and have good knowledge of the field of medicine with an educational background in Biology and Life Sciences.
Candidates wondering how to become a medical sales representative can meet the following mentioned criteria.
Subject Requirements: For basic knowledge of the field of medicine, candidates are required to have an educational background in Biology or life sciences.
Educational Qualification:
Candidates must hold any of the following degrees.
Bachelor’s degree in Nursing
Bachelor’s degree in Life Sciences
Bachelor’s degree in Pharmacy
Bachelor’s degree in any relevant field
Experience: Candidates should have proven medical sales experience in the field.
Following are the skills that a medical sales representative must possess.
Sales skills
Maturity
Patience
Strong negotiation skills
Commercial awareness
Confidence
Organisational skills
Communication skills
Strong interpersonal skills
Convincing
Complete knowledge of the product
The roles and responsibilities of a medical sales representative include:
Establishing and identifying new business
Organising and conducting appointments with clients who are usually community or hospital-based healthcare staff.
Negotiating contracts and deals with clients
Undertaking relevant research
To present and demonstrate products to clients like healthcare staff, nurses, doctors, pharmacists, etc.
Maintaining detailed records
Managing budgets
Writing reports on sales
Developing in-depth knowledge and understanding of the company medications
To follow up on leads that are generated by the company
To keep abreast of new developments in the field of medicine from a business point of view
Some of the major recruiters for pharmaceutical sales representatives are:
Choice Medical Healthcare Inc.
Paragon 28
Orbit Medical
C3/ Customer Contact Channels
NTT Data Services
Cipla
Systopic Laboratories
Sun Pharma
Novartis
Macleods Pharma
LPCA Laboratories
Ajanta Pharma
Fourrts India Laboratories
Abbott
Cadila Pharmaceuticals
Aristo Pharmaceuticals
Mankind Pharma
Salary details of a medical representative are mentioned below.
Category/ Profile | Salary |
Initial Lowest Salary | INR 1.8 LPA |
Initial Highest Salary | INR 4.88 LPA |
Initial Average Salary | 2.9 LPA |
Initial Salary for Pharmaceutical Sales Representative | INR 20,000 Per Month |
Initial Salary for Area Sales Manager | INR 45,000 Per Month |
Initial Salary for Medical Sales Representative | INR 22,000 Per Month |
Data Credit: Payscale
Here is a list of book that will help you in your career as a medical sales representative.
Mastering the Complex Sale Second Edition by Jeff Thull
How to Win Friends and Influence People by Dale Carnegie
How to Master the Art of Selling by Tommy Hopkins
Secrets of Closing the Sale by Zig Ziglar
How to Win Friends and Influence People by Dale Carnegie
The Pharmaceutical Sales Representative Handbook: A Field Handbook for All Current and Future Pharmaceutical Sales Representatives by Todd Bearden and Larry Martin
High earnings
Strong job prospects as a result of the fast turnover rate
Day-to-day based work activities
Opportunities to travel and meet new people
Extensive travelling may become hectic form some.
The job description may require overtime
Under stress to meet targets and goals
Take our test and find out if it suits your strengths.