Pharmaceutical sales representatives often become the trusted go-to point for customers seeking information and assistance in helping their patients. … Pharmaceutical sales is a great career choice for anyone who values the relationships they build at work. You can make a difference in the world.
Firstly, Is it hard to get into pharmaceutical sales?
Pharmaceutical sales can be a really tricky industry to break into, especially if you lack experience and a network of established contacts. I’ve spent over 10 years coordinating job fairs with companies in the pharmaceutical industry and I also actively recruit for a handful of companies in the industry.
Then How do I break into pharmaceutical sales? Here are the steps you can follow to begin a successful career as a pharmaceutical sales rep:
- Earn your high school diploma or GED.
- Get a bachelor’s degree.
- Consider earning a graduate degree.
- Get certified.
- Network.
- Work on your skillset.
- Prepare your resume and cover letter.
Actually How much money do you make in pharmaceutical sales?
According to the 2016 Pharma Sales Salary Report, the average yearly salary for PSRs in the United States is currently $122,107, with a mean base of $90,862. Specialty pharma reps earn higher salaries at $138,150 on average.
Is pharmaceutical sales a dying industry?
The pharmaceutical sales profession is not ‘dead’ as many had predicted, however, the context in which sales reps are functioning is almost unrecognizable compared with a decade ago.
What is a typical day for a pharmaceutical sales rep?
Day-to-day duties vary based on the company they work for, the territory they are assigned to, and the medications they are representing. However, typical responsibilities include: Scheduling meetings with medical professionals. Educating medical professionals about the effectiveness, use, and side effects of drugs.
Is being a pharmaceutical sales rep stressful?
Pharmaceutical reps don’t have it easy, as they usually spend their workday jumping over Olympic-size hurdles to get the job done. Since a big chunk of a pharma rep’s salary rides on getting drugs into consumer hands via a doctor or other health care pro, the success of that harried five-minute pitch is crucial. …
Why do pharmaceutical sales reps make so much money?
Years of Experience
Experience is a major factor in determining the salary of a pharmaceutical sales rep. That’s because the job is largely commission-based, so you earn more money the more sales you close.
How do I get CNPR certified?
After you have completed the CNPR training program, you can register to take the CNPR exam at the NAPSRx website. The exam consists of 160 questions and takes 120 minutes to complete. Earning your pharmaceutical sales certification is a very important step to enjoying a career as a pharmaceutical sales representative.
How many hours a week do pharmaceutical sales reps work?
As you might imagine, a successful sales rep might spend 60–80 hours a week. An unsuccessful one usually has a 20 hour week and takes Friday off. Pharmaceutical sales is not easy, unless you don’t like making money and want to be fired within a year.
Do pharmaceutical reps travel a lot?
During the work week, you travel a lot. Some territories are bigger than others, but mine’s about two hours long, so some days I’m two hours away from home in a small town calling on a small clinic or there’s other days when I’m in a bigger city and I call on the doctors there.
How long is training for pharmaceutical sales?
How long does the program take to complete? The PRC program takes on average about 4 weeks (12 hours course time) to complete. It’s self-paced, so everyone will be different.
What is the average age of a pharmaceutical sales rep?
The average age of an employed pharmaceutical sales representative is 46 years old. The most common ethnicity of pharmaceutical sales representatives is White (76.5%), followed by Hispanic or Latino (13.3%) and Asian (4.6%).
How do I become a successful pharmaceutical sales rep?
How to Succeed in Pharmaceutical Sales
- Good People Skills. You need to have good people skills when going out to market a product. …
- Strong Product Knowledge. …
- Comfortable with Public Speaking. …
- Manage Your Own Time. …
- Industry-Specific Skills. …
- Be Ready to Travel Anytime. …
- Get Your CNPR Training.
How long does it take to be a pharmaceutical sales rep?
A four-year degree from an accredited university or college is required to become a pharmaceutical sales representative. You can improve your chances by gaining a degree in a related field like Life Science.
Are pharmaceutical reps in demand?
This creates a favorable job outlook for pharmaceutical sales representatives who are selling these products. CNN Money predicted that 10-year job growth for PSRs will be 16.4 percent, which is considerably above-average. Around 400,000 more pharmaceutical sales jobs will be created through 2022.
How long does the CNPR certification take?
For the average student it takes about 60-80 hours of study time to successfully pass the CNPR examination. Once a student passes the CNPR examination they should contact pharmaceutical companies.
Do pharmaceutical sales reps travel a lot?
One pharmaceutical industry report discovered reps that travel up to 75% of the time earn the most money throughout their careers. The more you travel, the more contacts you will establish with prospective buyers. Because of the need to travel as a pharma sales rep, you will have to master the art of time management.
How hard is it to get a job at Pfizer?
Glassdoor indicates that the interview difficulty at Pfizer is about average. … She said, “At Pfizer, science is at the core of who we are. So it drives a good deal of our hiring decisions. However, we look for a combination of skills, core competencies and intangibles.”
How long does it take to get certified as a pharmaceutical sales rep?
How long does it take to become a pharmaceutical rep? A four-year degree from an accredited university or college is required to become a pharmaceutical sales representative. You can improve your chances by gaining a degree in a related field like Life Science.
How long is pharmaceutical sales training?
Students need to thoroughly study the CNPR Pharmaceutical Sales Training Manual to become prepared to sit for the CNPR examination. For the average student it takes about 60-80 hours of study time to successfully pass the CNPR examination.
How long is pharmaceutical training?
The Doctor of Pharmacy (PharmD) degree program requires at least two years of specific undergraduate college study followed by four academic years (or three calendar years) of professional pharmacy study. Most students enter a pharmacy degree program after completion of three or more years of college.
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