To: Mr.Armstrong and Mr.Wolfson
From:
Shivangi Gosai
Date:
6/25/1990
Based
on the discussion in the last meeting regarding the idea of bringing in the
iPads for Pharma Representatives, here I present you with my analysis. While
working to implement a new commercial model for a contract sales organization
(CSO), we are thinking to develop an end-to-end solution to allow the company
to deploy an industry first “one-device” solution for its representatives. The
challenge that we are facing is to take advantage of the unique strengths and
limitations of the device, the needs of sales representatives had to be
balanced with the needs of the home office.
Here,
we can set up a cross-functional team of consultants with sales and marketing
experience, client area sales directors and home office staff, with the goal of
deconstructing a sales rep’s day and identifying which key iPad-based tasks
truly create unique business value. In order to meet this challenge, we should
carry out analysis on the sales force activities. Business needs to automate,
redesign or eliminate many activities that were typically performed manually,
or on disparate systems. This will allow the representative to focus on tasks
that truly add unique business value. By applying an iterative process of
isolating key areas of value and then simplifying the way the user can capture
that value, the team can create a focused user experience that goes beyond
simply replicating the functionality of existing desktop applications.
The
advantage of implementing the above idea will help sales representatives
conduct all their promotional and administrative activities using their iPads
and will not require a separate laptop either on the road or at home. The end
result is a streamlined system that delivers a user experience focused on the
needs of sales representatives and healthcare providers, while delivering lower
total cost of ownership and enhanced value to the home office.
Sales
reps enabled with iPads can perform call management activities as well as administrative
tasks such as e-mail, expense reporting, event management setup, samples
management and call activity reporting while on the move between physician
visits. Representatives do not need to wait until day’s end for reporting and
other administrative tasks. iPads also enable precall preparation and access to
critical detailing material when on the move. The ease of operation of the iPad
makes it more likely that sales reps capture data throughout the day, thus
enabling more accurate call reporting and improving overall efficiency.
According
to the Manhattan Research’s new ePharma Physician® 2012 study, the healthcare
market research firm surveyed 1,819 practicing U.S. doctors to study how they
use digital and Internet tools to research drug information. The firm discovered
that in the span of just one year, the percentage of pharmaceutical company
representatives using the iPad when meeting with physicians had more than
doubled from 30% in 2011 to 65% in 2012.
Cost
reduction:
Mobile
devices like the iPad require an initial investment in hardware, technology and
supporting infrastructure, but in the long term they can help lower overall
operating costs. All content ranging from marketing material to training
content can be pushed to the mobile device and made available almost immediately
to pharma sales reps. The costs of physical distribution and implementation are
significantly lower as most sales processes can be digitized and virtualized.
In addition, the overall increase in productivity by 32% and efficiency by 39%
has the potential to result in substantial cost savings. Pharmaceutical
companies will save up to $500,000 by no longer printing sales materials.
In the end, the iPad is a popular and
well-equipped tool with the potential to change how data is consumed by pharma
and biotech professionals. I advise organizations to look at how they can
exploit the iPad’s functionality to make faster and more accurate business
decisions without losing the human element of the physician-sales rep
relationship.
For any
further questions, feel free to contact me
Regards,
Shivangi
Gosai
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