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PART-1   • GENRAL TERMS


PART-2   • CUSTOMER AND SALES RELATED


PART-3   • PHARMACEUTICAL SELLING STEPS


PART-4   • RESPONSE HANDLING
PRODUCT
         NEED
       MOTIVE
   ACHIEVEMENT
        POWER
       F E AT U R E
       BENEFIT
UNIQUE SELLING POINT(USP)
customer A person or organization who uses
     the product or services we provide.

 Customer is king. ….only customers judge
  quality; all other judgments are essentially
irrelevant Our greatest asset is the customer!
  Treat each customer as if they are the only
                       one!
Types of customer Based on unique behavioral
  attributes, customers are of following types
   Loyal customer Discount customer Impulse
  customer Need based customer Wandering
                   customer
Loyal customer 20% of our customer base but make up more
      than 50% our sales. Completely satisfied customer. Keep
    returning to company. We need to communicate with these
     customers on a regular basis by telephone, mails, emails.

• customer experience
• customer expectation
• Positive word of mouth
 You can , never do enough for them. many times, the more you
     do for them, the more they will recommend you to other.
     Invest maximum time and effort to serve these customer
make their decisions based on the size of
 discount. This category helps ensure your
 inventory is turning over and as a result, it is a
 key contributor to cash flow.

Merely satisfied customers, also show defection
 ready to switch. Chase low prices. Milk these
   customers as long as they are active or in
                 discount seasons
do not come for buying a particular item but on a
  whim. They will purchase what seems good at the
     time. Buy on impulse. Maximize the profit on
                   each transaction.
• This is the segment we all like to serve. There is
  nothing more exciting than assisting an impulse
  BUYER and having them respond favorably to our
  recommendations.
• pursue fashion trends. We want to target our
  displays towards these customers
Need based customer People in this category are
    driven by a specific need. It is difficult to satisfy
        these people. Customers are habitual of
                     particular brand.
• Show inertia in brand switching. Need based
  customer can easily be lost to internet sales or a
  different retailer. So to overcome this threat,
  positive personal interaction is required. They can
  also become loyal customers if they are well
  taken care of
Wandering customer They have no specific need or desire
      in mind. They want a sense of experience or
                     community.

     They make up the smallest percentage of sales.
  keep in mind, however, that although they may not
  represent a large percentage of your immediate sales,
      they are a real voice for you in the community.
  Although wandering customers cannot be ignored, the
       time spent on them needs to be minimized.
ESTABLISH
            RELATIONSHIP


CLOSE THE                     NEED
  SALE                     RECOGNITION




    DELIVER AND      FORMULATE
     EVALUATE         SOLUTION
Medical Rep
                          DOCTOR




              BY ASKING
D efine the doctor’s requirement for your product.


A cceptance    by the doctor of the requirements.




P rove that your product can fulfil the doctor’s requirement.


A   cceptance of the proof by the doctor.
D efine the doctor's requirement for your product
   Medical rep: asks open active questions
   Doctor    : LISTENS and ANSWERS accordingly

A cceptance by the doctor of the requirements
   Doctor : ANSWERS and gives acceptance
   Medical rep : does active listening and makes notes
P rove that your product can fulfil the doctor’s requirement
   Medical rep : offers the product (or service)
   Doctor    : does active listening and if things are not clear, asks questions

A cceptance of the proof by the doctor
   Medical rep : does relevant answering
   Doctor    : accepts the product as his/her need
FIND POTENTIAL CUSTOMERS

      CATEGORIZE THEM

       ALLOCATION OF TIME

           VISITS FREQUENCY

         CONTINUOUS EYE ON CHANGES
GOAL SETTING(NEXT SLIDE)

     NOW(BEST TIME TO VISIT CUSTOMER)

      HOW( WITH STUDIES, SAMPLES, etc)

WHERE (BEST PLACE TO VISIT HOSPITAL, PRIVATE CLINIC,
                       etc)

      WHAT EXPECTED REACTION/RESULTS
ATTAINABLE

    MEASUREABLE                RELEVANT




                                     TIME
SPECIFIC          SMART             BOUND
OPENING

     PROBING

     DETAILING

   REINFORCING

GAINING COMMITMENT

      ACTION

  CLOSING A CALL
story highlights the
  relevant points, the
 unique selling points
  of the brand raising
the doctor's interest to
   an extent that he
       prescribed.
•    Creates a brand image
•    Detailing must be perfect with mixture of
•    Scientific information,
•    Quality of product
•    And
•    The manufacturing technique used

This will provide maximum mileage in the shortest possible time



    Keeping in view the time constraint that one has in the doctor's
       chamber. Thus, detailing forms an integral part of effective
                communication as well as personal selling.
1   • TEXT
2   • VOICE
3   • HANDLING OF VISUAL AID
4   • EYE TO EYE CONTACT
5   • USE OF POINTER
6   • BODY LANGUAGE
7   • LISTENING
8   • USE OF SENSES
9   • TIME MANAGEMENT
The DOCTOR has understood your product
              completely

 The DOCTOR has developed trust in your
              company

The DOCTOR has a desire for the benefits for
            his/her patients
ALWAYS REMBER TO REVIEW YOUR CALL


   YOUR CALL CONCLUDED AS PLANED?


      HOW MUCH GOAL ACHIEVED?

  OBJECTION HANDING HOW MUCH ROOM TO
                IMPROVE?


WITH IMPROVED PLANNING PLAN NEXT CALL
DEALING
               PRICE    BUYING
   WITH
             HANDLING   SIGNALS
RESISTANCE
MISCONCEPTION

REAL OBJECTION

LACK OF INTEREST

  SCEPTICISM
Price is the only weapon that the doctor has.


Make sure YOU believe in your own pricing.


Make the doctor feel that you are there to help
and not to fight.
NOT UNTIL the doctor has                the       of your product

                  What does a customer pay for?
        QUALITY
       BENEFITS
     CONSISTENCY
      RELIABILITY
      REPUTATION
     BRAND NAME
        SERVICE
           YOU
1) I am coming to that Sir  ask an Open Neutral Question
2) It depends on your requirement Sir  ask an Open Neutral Question
3) I am sure the Price is not your only consideration Sir
4) It depends on your order size
5) I will leave you with a full Price list Sir
6) First let me tell you the benefits that you are getting
STEP I: present the BENEFITS of your product


STEP II: put the price in front of the doctor


STEP III: JUST CONTINUE with explaining him/her
the features that he/she will derive out of this price
STEP I: doctor objects

STEP II:
Medical rep : what are you comparing with, sir?
Doctor      : competition, perception, budget, past experience

STEP III:
Medical rep : how much is the difference we are talking, sir?
Doctor      : 20% (the faster he says this, ITS FALSE)‫‏‬


STEP IV: express the difference


STEP V: demonstrate the benefits passable when compared to the
difference
"Whether our prospects like it or not, their
      bodies and words say it for them,"

       TYPES OF BUYING SIGNALS
verbal signals
non-verbal signals
that has already been fully answered, and generally acknowledging
   that it has been - "How much did you say it costs?" - Be aware that
     if it's said in shocked surprise and incredulity, it's a cue for more
                                    probing!


"I could see you on a Thursday" - "How often would we need to meet
              face to face?" - "We'll need to involve Janet"


  that's not necessarily free - "Can I try it for a month and see if it
                works?" - "I'll need to see it in action"
"That sound really good" - "Who could say no to
                      that?"

"What will happen if it doesn't produce results?”

We don't need examples here. Even if they say it's
 overpriced, to have got to the top of their priority
   stack, these comments or questions say they
                   want to buy.
"When can we start?" - "It'll have to be next week" - "Can't we do it in
   four weeks instead of five?" - "I'm tied up until Thursday" - If this
     type of signal arrives as a question, you can legitimately avoid
      answering it by asking back, "When would be best for you?"


"What do you think would be best?" - "What would you do if you
                          were me?"


who's in the room - "What do you think?" - They've decided but
     they just want confirmation that they're not being daft.
with a previous supplier - "Everyone I've tried has been useless!" - These
           types of comment are actually cues for more probing

  or for a personal contact with a satisfied client - Again no examples
  needed. It's effectively a no-brainer! Again they just want confirmation
                         that they're not being daft.
• Spending time concentrating on just one of your
  products
• Asking/looking for help
• Asking questions about details - "Which of my people
  will be directly involved?" - "What exactly will you be
  doing?"
• Touching their wallet or its contents, or their cheque
  book - Literally or metaphorically
• Changes of body state - Relaxing, moving stance,
  gestures, skin tone, style of speech
• Getting out their pen - Literally or metaphorically
• Maybe it's time to move on Unwillingness to trade
  commitments - At least unwilling to make their own
  in return for yours
• Your calls, messages and e-mails go unanswered
• "I really like your suggestion but I need to ........
  before we can go ahead"
• Avoiding eye contact when you meet
• "We'd really like you to help us but we just need a
  bit more time/have some other priorities to deal
  with first"
• 'Playing' with your product, or looking at many
  without ever concentrating on one
• Physically moving around a lot, quickly
Greet the doctor  further ask for his well
being.

        Give a small 15 seconds introduction on
company image.

       Listen to the doctor and use the FUNNEL
TECHNIQUE to get the flow of conversation.

         Once you have understood the requirement,
use the DAPA Method of Selling so as to confirm there
is no GAP between the need and the offering.
In case the doctor has a doubt/objection, then
concentrate and resolve that before moving ahead.


         In case the doctor asks about the PRICE. Tell him/her
that you would give him/her the best price comparing others.
(Use the price postponement techniques)‫‏‬.


       In case the question still arises on PRICE, use the
SANDWICH METHOD to answer it.


             Pleasantly Close the sale and confirm the
prescriptions.
How to Handle Buying Signals and Objections in Pharmaceutical Sales

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How to Handle Buying Signals and Objections in Pharmaceutical Sales

  • 1.
  • 2. http://pk.linkedin.com/in/meerzashahid http://pk.linkedin.com/pub/muhammad-sohail-ashraf- bajwa/15/636/29b http://pk.linkedin.com/pub/kashif-iftikhar/9/7bb/1b0
  • 3. PART-1 • GENRAL TERMS PART-2 • CUSTOMER AND SALES RELATED PART-3 • PHARMACEUTICAL SELLING STEPS PART-4 • RESPONSE HANDLING
  • 4. PRODUCT NEED MOTIVE ACHIEVEMENT POWER F E AT U R E BENEFIT UNIQUE SELLING POINT(USP)
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  • 16. customer A person or organization who uses the product or services we provide. Customer is king. ….only customers judge quality; all other judgments are essentially irrelevant Our greatest asset is the customer! Treat each customer as if they are the only one!
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  • 23. Types of customer Based on unique behavioral attributes, customers are of following types Loyal customer Discount customer Impulse customer Need based customer Wandering customer
  • 24. Loyal customer 20% of our customer base but make up more than 50% our sales. Completely satisfied customer. Keep returning to company. We need to communicate with these customers on a regular basis by telephone, mails, emails. • customer experience • customer expectation • Positive word of mouth You can , never do enough for them. many times, the more you do for them, the more they will recommend you to other. Invest maximum time and effort to serve these customer
  • 25. make their decisions based on the size of discount. This category helps ensure your inventory is turning over and as a result, it is a key contributor to cash flow. Merely satisfied customers, also show defection ready to switch. Chase low prices. Milk these customers as long as they are active or in discount seasons
  • 26. do not come for buying a particular item but on a whim. They will purchase what seems good at the time. Buy on impulse. Maximize the profit on each transaction. • This is the segment we all like to serve. There is nothing more exciting than assisting an impulse BUYER and having them respond favorably to our recommendations. • pursue fashion trends. We want to target our displays towards these customers
  • 27. Need based customer People in this category are driven by a specific need. It is difficult to satisfy these people. Customers are habitual of particular brand. • Show inertia in brand switching. Need based customer can easily be lost to internet sales or a different retailer. So to overcome this threat, positive personal interaction is required. They can also become loyal customers if they are well taken care of
  • 28. Wandering customer They have no specific need or desire in mind. They want a sense of experience or community. They make up the smallest percentage of sales. keep in mind, however, that although they may not represent a large percentage of your immediate sales, they are a real voice for you in the community. Although wandering customers cannot be ignored, the time spent on them needs to be minimized.
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  • 30. ESTABLISH RELATIONSHIP CLOSE THE NEED SALE RECOGNITION DELIVER AND FORMULATE EVALUATE SOLUTION
  • 31. Medical Rep DOCTOR BY ASKING
  • 32. D efine the doctor’s requirement for your product. A cceptance by the doctor of the requirements. P rove that your product can fulfil the doctor’s requirement. A cceptance of the proof by the doctor.
  • 33. D efine the doctor's requirement for your product Medical rep: asks open active questions Doctor : LISTENS and ANSWERS accordingly A cceptance by the doctor of the requirements Doctor : ANSWERS and gives acceptance Medical rep : does active listening and makes notes P rove that your product can fulfil the doctor’s requirement Medical rep : offers the product (or service) Doctor : does active listening and if things are not clear, asks questions A cceptance of the proof by the doctor Medical rep : does relevant answering Doctor : accepts the product as his/her need
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  • 36. FIND POTENTIAL CUSTOMERS CATEGORIZE THEM ALLOCATION OF TIME VISITS FREQUENCY CONTINUOUS EYE ON CHANGES
  • 37. GOAL SETTING(NEXT SLIDE) NOW(BEST TIME TO VISIT CUSTOMER) HOW( WITH STUDIES, SAMPLES, etc) WHERE (BEST PLACE TO VISIT HOSPITAL, PRIVATE CLINIC, etc) WHAT EXPECTED REACTION/RESULTS
  • 38. ATTAINABLE MEASUREABLE RELEVANT TIME SPECIFIC SMART BOUND
  • 39. OPENING PROBING DETAILING REINFORCING GAINING COMMITMENT ACTION CLOSING A CALL
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  • 42. story highlights the relevant points, the unique selling points of the brand raising the doctor's interest to an extent that he prescribed.
  • 43. Creates a brand image • Detailing must be perfect with mixture of • Scientific information, • Quality of product • And • The manufacturing technique used This will provide maximum mileage in the shortest possible time Keeping in view the time constraint that one has in the doctor's chamber. Thus, detailing forms an integral part of effective communication as well as personal selling.
  • 44. 1 • TEXT 2 • VOICE 3 • HANDLING OF VISUAL AID 4 • EYE TO EYE CONTACT 5 • USE OF POINTER 6 • BODY LANGUAGE 7 • LISTENING 8 • USE OF SENSES 9 • TIME MANAGEMENT
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  • 59. The DOCTOR has understood your product completely The DOCTOR has developed trust in your company The DOCTOR has a desire for the benefits for his/her patients
  • 60. ALWAYS REMBER TO REVIEW YOUR CALL YOUR CALL CONCLUDED AS PLANED? HOW MUCH GOAL ACHIEVED? OBJECTION HANDING HOW MUCH ROOM TO IMPROVE? WITH IMPROVED PLANNING PLAN NEXT CALL
  • 61. DEALING PRICE BUYING WITH HANDLING SIGNALS RESISTANCE
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  • 67. Price is the only weapon that the doctor has. Make sure YOU believe in your own pricing. Make the doctor feel that you are there to help and not to fight.
  • 68. NOT UNTIL the doctor has the of your product What does a customer pay for? QUALITY BENEFITS CONSISTENCY RELIABILITY REPUTATION BRAND NAME SERVICE YOU
  • 69. 1) I am coming to that Sir  ask an Open Neutral Question 2) It depends on your requirement Sir  ask an Open Neutral Question 3) I am sure the Price is not your only consideration Sir 4) It depends on your order size 5) I will leave you with a full Price list Sir 6) First let me tell you the benefits that you are getting
  • 70.
  • 71. STEP I: present the BENEFITS of your product STEP II: put the price in front of the doctor STEP III: JUST CONTINUE with explaining him/her the features that he/she will derive out of this price
  • 72. STEP I: doctor objects STEP II: Medical rep : what are you comparing with, sir? Doctor : competition, perception, budget, past experience STEP III: Medical rep : how much is the difference we are talking, sir? Doctor : 20% (the faster he says this, ITS FALSE)‫‏‬ STEP IV: express the difference STEP V: demonstrate the benefits passable when compared to the difference
  • 73. "Whether our prospects like it or not, their bodies and words say it for them," TYPES OF BUYING SIGNALS verbal signals non-verbal signals
  • 74. that has already been fully answered, and generally acknowledging that it has been - "How much did you say it costs?" - Be aware that if it's said in shocked surprise and incredulity, it's a cue for more probing! "I could see you on a Thursday" - "How often would we need to meet face to face?" - "We'll need to involve Janet" that's not necessarily free - "Can I try it for a month and see if it works?" - "I'll need to see it in action"
  • 75. "That sound really good" - "Who could say no to that?" "What will happen if it doesn't produce results?” We don't need examples here. Even if they say it's overpriced, to have got to the top of their priority stack, these comments or questions say they want to buy.
  • 76. "When can we start?" - "It'll have to be next week" - "Can't we do it in four weeks instead of five?" - "I'm tied up until Thursday" - If this type of signal arrives as a question, you can legitimately avoid answering it by asking back, "When would be best for you?" "What do you think would be best?" - "What would you do if you were me?" who's in the room - "What do you think?" - They've decided but they just want confirmation that they're not being daft.
  • 77. with a previous supplier - "Everyone I've tried has been useless!" - These types of comment are actually cues for more probing or for a personal contact with a satisfied client - Again no examples needed. It's effectively a no-brainer! Again they just want confirmation that they're not being daft.
  • 78. • Spending time concentrating on just one of your products • Asking/looking for help • Asking questions about details - "Which of my people will be directly involved?" - "What exactly will you be doing?" • Touching their wallet or its contents, or their cheque book - Literally or metaphorically • Changes of body state - Relaxing, moving stance, gestures, skin tone, style of speech • Getting out their pen - Literally or metaphorically
  • 79. • Maybe it's time to move on Unwillingness to trade commitments - At least unwilling to make their own in return for yours • Your calls, messages and e-mails go unanswered • "I really like your suggestion but I need to ........ before we can go ahead" • Avoiding eye contact when you meet • "We'd really like you to help us but we just need a bit more time/have some other priorities to deal with first" • 'Playing' with your product, or looking at many without ever concentrating on one • Physically moving around a lot, quickly
  • 80. Greet the doctor  further ask for his well being. Give a small 15 seconds introduction on company image. Listen to the doctor and use the FUNNEL TECHNIQUE to get the flow of conversation. Once you have understood the requirement, use the DAPA Method of Selling so as to confirm there is no GAP between the need and the offering.
  • 81. In case the doctor has a doubt/objection, then concentrate and resolve that before moving ahead. In case the doctor asks about the PRICE. Tell him/her that you would give him/her the best price comparing others. (Use the price postponement techniques)‫‏‬. In case the question still arises on PRICE, use the SANDWICH METHOD to answer it. Pleasantly Close the sale and confirm the prescriptions.