Leveraging the Integration of Sales Career Cycle with Brand Life Cycle in Indian Pharmaceutical Firms
Published By: IIM-A on eSS | Published Date: July, 02 , 2010Indian pharmaceutical sector is currently witnessing faster introduction of new
drugs, with shorter life cycles, given the intense competition. Often, pharma
companies fail to strategically align their sales force with brands to gain the
competitive edge. Personal selling literature too is silent on this front. This study
for the first time, suggests a new conceptual framework to align sales career cycle
(SCC) stages with brand life cycle (BLC) stages of the drugs for more effective
selling to physicians. Through a series of propositions, the study highlights the
relevance of sales career cycle stage in influencing physicians for increasing
prescriptions and the alignment of sales efforts at various SCC stages with the
brand life cycle. Pharmaceutical companies would stand to gain from this study
by profiling the medical representatives based on SCC stages and allotting them
the drug in the appropriate BLC stage. [W.P. No. 2010-07-01]
Author(s): Basant Kumar Purohit | Posted on: Aug 02, 2010 | Views(1090) | Download (1390)