The pharmaceutical industry is one of the most lucrative business sectors as evidenced by its $550 billion global industry revenue in 2004. As such, many careers have been developed to cater to the varying needs of the industry. One good example of such a career option is pharmaceutical sales, which is believed to be one of the most sought-after careers in the job market today.
The reason behind this trend is that pharmaceutical sales offers extraordinary salary potential, which may go as high as six-figures annually. Other amazing perks are special bonuses, a company car, trainings in exotic locations, flexible work hours, as well as unlimited opportunities for career growth.
Needless to say, many people who already have a career in sales are slowly but surely transitioning into pharmaceutical sales. If you're one of those people who are ready to take your sales career to the next level, there are a variety ways to do just that.
For starters, educating yourself about the pharmaceutical industry is an important first step. Learn about various pharmaceutical companies, especially the biggest and most successful ones and how the entire industry is doing. It's also important to keep yourself updated on industry trends.
In addition, equip yourself so that potential employers may notice you. As mentioned earlier, pharmaceutical sales positions are so in demand these days that you have to truly stand out among other hopefuls. To address this concern, there are online companies today, which through their websites are offering products and services that aim to help prospective pharmaceutical sales reps ? with or without sales experience ? to land a job in the field.
Such products and services may include how-to e-Books and other information materials, resume writing and evaluation services so that your resume is specific to and targeted towards the pharmaceutical sales industry, and more. They also offer interview coaching, which may include doing mock interviews to help you develop the confidence and to ensure that you know the right things to say.
It would also be a good idea to begin establishing networks with other pharmaceutical industry professionals, particularly in your area. The reason behind this is that job openings are oftentimes filled through referrals from existing pharmaceutical sales reps and that pharmaceutical companies rarely post job ads, except for those which are relatively harder to fill. As such, you definitely would want to be in that loop.
Lastly, different companies have different requirements ? some require their pharmaceutical sales reps to at least have a bachelor's degree, others may require an MBA. But in the end, having a smooth transition to pharmaceutical sales boils down to having the right attitude. For instance, one should have an aptitude for science so that learning would be a breeze. More than having the sales or the medical background, equally important is displaying your outstanding interpersonal communication skills. An aspiring pharmaceutical sales rep should be able to relate to different types of people.
Also, an aspiring pharmaceutical sales rep should be an aggressive, motivated and driven self-starter with high achievement goals. This is especially important once you've actually got the job. Otherwise, it would be very difficult to succeed. Needless to say, pharmaceutical sales is one career option where the saying ?you reap what you sow? is very, very true.
How To Become A Pharmaceutical Sales
Surfing the net for a pharmaceutical sales job is tiresome and looking at classified job ads can be tedious and well? boring. But what about business networking? No, it's not as tedious as it sounds. In fact, it can be fun and interesting because you get to meet lots of people that are in the pharmaceutical sales profession and get the chance to hear about great job opportunities even before they are advertised!
To engage in networking, you must first identify venues to attend. First off, ?stick close to home?. List down all the people you know who either have a pharmaceutical sales career or knows somebody who is into the industry. Friends, family, former colleagues, neighbors, teachers, classmates? it doesn't matter. Get the list started and start calling!
Another great idea is to list yourself up in one (or more) of the many pharmaceutical sales seminars or conventions that are often hosted by pharmaceutical firms or their marketing arms. You can also initiate informational interviews by contacting several pharmaceutical sales professionals and asking for an interview.
Now that the ?stage is set?. Keep in mind the following networking tips.
* Have a good memory for names and don't forget to always have a business card in hand.
* Just before you end a conversation, ask for referrals or suggestions about other people you should talk to.
* When in an informational interview, always prepare a good resume just incase the interviewee asks for one.
* Be organized. Manage your network by getting all their contact information and keeping a record in your desktop or online address book.
* Never take your network for granted. Always let them know what your current status is and don't forget to always thank them when they do something nice and helpful to you.
* Re-establish old contacts and continue making new ones. You never really know what might turn up from which contact.
Important Thoughts about Pharmaceutical Networking
Being in pharmaceutical sales is fulfilling because you get to know different people everyday and you get that feeling of accomplishment every time you make a successful sale. The rewards are high and the perks are addicting. It's never too late to start learning how to network your way into the pharmaceutical sales world. Don't forget that the human resources department does not make the final decision when it comes to hiring you or someone else. Make friends with the pharmaceutical sales people and gather as much information as you can to prepare you.
Bear in mind that honesty and integrity matters as well. Pharmaceutical networking is about building relationships and you do not want to appear phony to your contacts or future employers.
Further, networking is a two-way street so never hesitate to do a favor or two yourself for someone because you never really know what that person can do for you later on.
Ryan Stewart has sinced written about articles on various topics from Interview Questions, Careers and Job Hunting and Employment. Ryan Stewart has coached hundreds to pharma sales success (and he's done it all for free). To jump-start your career go to. Ryan Stewart's top article generates over 27100 views. to your Favourites.
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