A Medical Representative is an important medium of communication
with doctors/retailers. It is a dynamic activity and a live medium, whose
impact is more predictable and longer lasting.
As a Medical Representative, you play a vital role by
effectively translating the company's strategies into results at the market
place. Ask yourself the following questions as a
Medical Representative:
* How do I establish my Company's products in the
market?
* How much time do I usually get in the doctor's chamber/cabin? And how
do I make best use of it?
* How many products should I promote? And which product should I promote
first? (As per the doctor's prescription habit; and generally 4-6 products).
* How do I develop a personal rapport with the doctors so that I can ask
or demand prescriptions?
Let us consider that you generate sales worth of Rs 1,00,000
per month in your area. How do you compute your efficiency? This output
comes from around 200 doctors. So the average productivity per doctor
comes to around Rs 500 per month. It is also usually seen that 4 to 5
products contribute at least 80 % of the sales. If
you critically analyze the prescription flow in the market, you will also
find that 80% sales comes from 20% doctors, and the remaining 80% doctors
contribute only 20% of sales. Thus your selection of doctors, visit frequency,
sampling, etc., must be properly planned. You need continuous prescription
audit to identify potential doctors who could contribute to 80% of your
sales.
It is worthwhile to calculate your Return on Time Invested
(ROTI). You may be investing 8-12 hours per day in the field; check out
your returns per hour and per call.
And don't forget, there is yet another category of customers
- the retailers - who must also be influenced.
The job of a Medical Representative requires commitment,
energy and the willingness to work hard. It is a proactive demanding role,
not a passive accepting one. As a MR, you must know what the physicians
are prescribing and you must book and ensure that your products are made
available. You would need to regularly interact with physicians to persuade
them to prescribe brands that you are promoting. You must follow through
till the prescription is taken up - and even later, to convert the doctors
into brand loyal doctors.
Thus as a MR, you must take the responsibility for both
demand creation and demand fulfillment, through your personal order booking
(POB) and regular visits to the retailer level.