Medical representatives are vital to the pharmaceutical industry and the health care profession. They promote their companiesâ?? products to general practitioners and other health care providers. Product promotion occurs at face-to-face meetings or medical conventions. rnrnRepresentatives work in â??territoriesâ? or areas. Sometimes more than one medical representative works in the same territory. As of May 2008, the median annual salary of representatives was $70,200.
- Meeting With Clients
- Attending Trade Shows and Conventions
- Administrative Reponsibilities
- Working With a Technical Expert
- Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products salary
- Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products salary
Meeting With Clients
Medical representatives schedule an appointment, then meet with surgeons, physicians and other health care professionals in their office or hospital. They explain the product and its features. Representatives also answer any questions that the health care professional may ask about it. The role of the medical representative is to make his client interested in the product and to arrange a sale.
Attending Trade Shows and Conventions
Representatives also promote pharmaceutical products at trade shows and conventions. They meet with other medical representatives to talk about product developments. At trade shows, representatives learn about new products they may sell to health care professionals. The firm's sales performance, sales goals and profits may also be discussed. rnrnSometimes health care professionals attend these conventions to learn about pharmaceutical products. The medical representative explains and demonstrates these products to physicians and general practitioners who attend.
Administrative Reponsibilities
Medical representatives do more than just sell. They analyze sales statistics and prepare sales reports. Representatives also file reports and expense accounts, schedule appointments, speak to clients on the phone and arrange travel plans. Other responsibilities include reading about new and existing pharmaceutical products and monitoring their competitorsâ?? sales, prices and products.
Working With a Technical Expert
Those who are new to the field or are unfamiliar with their product may work with a technical expert. The expert attends the medical representative's sales presentation to explain the product and answer any questions. In this situation, the medical representative's role is to make contact with the client, introduce the product and close the sale. rnrnAs a medical representative advances in her career, she may not need the assistance of a technical expert. She may feel comfortable explaining the companyâ??s products on her own.
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products salary
- Top 10% Annual Salary: More than $129,200 ($62.12/hour)
- Median Annual Salary: $62,070 ($29.84/hour)
- Bottom 10% Annual Salary: Less than $31,950 ($15.36/hour)
Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products salary
- Top 10% Annual Salary: More than $171,700 ($82.55/hour)
- Median Annual Salary: $86,650 ($41.66/hour)
- Bottom 10% Annual Salary: Less than $42,820 ($20.59/hour)
