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onboarding RetainingLifeSciencesSalesReps: Addressing Turnover Challenges Written By: Bob Matheny July 7, 2023 – 9 min read The struggle to retain talented sales representatives has become increasingly widespread in the challenging field of lifesciences.
In this blog, we’ll explore the fundamental aspects of Learning Experience Design and how LxD can be applied in real-world settings to drive meaningful change , ultimately empowering you to develop effective training programs that align with organizational goals.
These costs include recruiting, hiring, and training new reps, the loss of the relationship between HCP and salesreps, and the potential loss of sales and market share during the transition period. 44% of pharmaceutical salesreps leave their job after only 1-2 years – well before they have hit their peak performance.
LEADERSHIP Maximizing Pharma SalesRep Retention: 7 Best Practices and Strategies Written By: Sharlene Douhuit July 25, 2023 – 6 min read In the highly competitive pharmaceutical industry, sales representatives play a crucial role in driving revenue and building strong relationships with healthcare professionals (HCPs).
Coaching The Differences Between Sales Training and Sales Coaching in LifeSciences February 27, 2024 – 6 min read The terms “sales training” and “sales coaching” are sometimes used interchangeably, leading to a misconception that they serve the same purpose.
Pharmaceutical Sales Strategies in a Competitive Market January 23, 2024 – 5 min read Picture this–your pharma company has been holding tight to its biologic patent for many years—blazing a trail with its innovative drug and enjoying your position as the market leader. Competitive selling Biologic Patent Approaching Expiration?
ONBOARDING Unleashing Sales Success—The Power of Systems, Culture and Accountability Written By: Performance Development Group June 14, 2023 – 5 min read Sales enablement technologies and resources have changed the game, but not always for the better. That represents a 50% decline since 2010.
LEARNING AND DEVELOPMENT The Talent Magnet: How Learning Attracts and Retains Top Talent Written By: Rich Mesch July 13, 2023 – 3 min read According to Forbes Magazine, the US has the lowest unemployment rate in a decade. What is your organization doing to retain your top talent?
COACHING The New ABCs for Sales Leaders: Always Be Coaching By: Sean Frontz July 12, 2023 – 6 min read “Always Be Closing” is selling 101. After all, it’s what salesreps do—right? But learning is essential to ensure that your sales team keeps improving and hitting their targets. increase in sales win rates.
Competitive selling New Pharmaceutical Sales Strategies in a Competitive Market Is Competition Poised to Take Over Your Market Share? Your rivals are eagerly awaiting the final FDA approval of their product, and have meticulously prepared their sales and marketing teams to swoop in and seize your market share?
ceo insights Unlocking Sales Excellence in LifeSciences Written By: David Manning July 19, 2023 – 7 min read Strong, sustainable sales performance is vital for the well-being of pharmaceutical, biotech and medical device companies.
Technology continues to play a crucial role in sales enablement, with coaching and microlearning emerging as the two most popular platforms, according to a recent L&D study. One lifesciences organization created an in-house application to improve reps’ client engagement capabilities.
Corporate culture The New ABCs for Sales Leaders: Always Be Coaching By: Mercy Ehrler July 12, 2023 – 6 min read “Always Be Closing” is selling 101. After all, it’s what salesreps do—right? But learning is essential to ensure that your sales team keeps improving and hitting their targets.
But with employees switching roles around 15 times in their career and skills having a shelf life of just 5 years, where is the investment from L&D and training departments likely to go? As Jane Hart eloquently puts it: “There is no longer such a thing as a job for a life – only a life of jobs.” leadership).
And what kind of sales training can you deliver to your team that won’t waste their time? We scoured the internet, followed up on Amazon and Goodreads, and collected the most often mentioned, highly-rated, and most popular books on sales. Sales training books. Sales management books. Sales management books.
Sales teams use Highspot primarily for three reasons: sales enablement, sales coaching , and content management. Highspot has been around for nine years and has many loyal customers, but there are also many Highspot competitors in the sales enablement space. This article was written for them. Mindtickle. On SharePoint.
As people continue to be on the lookout for weight loss services that will allow them to live a healthier life, the interest in more customized workout programs becomes clearer. Just like an online life coach would do, you first need to understand who your clients are to be able to offer them the best advice possible.
Some of the other key features include the ability to create knowledge, retain top employees through onboarding, and drive business to meet organizational goals through learning. Brainshark offers sales enablement software that helps businesses with training, coaching, and the content needed to prepare sales teams. Key features.
If you are considering MindTickle for onboarding, coaching, sales enablement or learning, weigh your options before selecting this platform. Some of the other key features include the ability to create knowledge, retain top employees through onboarding, and drive business to meet organizational goals through learning. Key features.
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