What experience do you need to be a pharmaceutical sales rep?

What experience do you need to be a pharmaceutical sales rep?

Pharmaceutical companies generally only hire sales representatives who hold a four-year bachelor’s degree or higher from an accredited college. A specific major isn’t required, but many PSRs study life sciences, especially biology and chemistry.

Is it hard to become a pharmaceutical rep?

It’s a reality for pharmaceutical company representatives. But the work isn’t pure glamour. It’s also intense, highly competitive and sometimes frustrating. Insiders say it’s difficult to get your foot in the door with a drug company, and that it’s challenging to excel once you’ve landed that first sales job.

What is the role of a pharmaceutical sales representative?

A Pharmaceutical Sales Representative’s main responsibilities are serving clients by selling pharmaceutical products and meeting their needs. They travel frequently within their assigned territory and visit hospitals and doctor’s offices to give presentations and educate about the company’s pharmaceuticals.

Is pharmaceutical sales rep a good career?

According to Quint Careers, pharmaceuticals sales is considered one of the fastest-growing career opportunities, with a 300% growth rate in the last decade. In addition to fantastic job growth, these positions nationally average a salary of $64,000 (Glassdoor).

Do pharmaceutical reps make good money?

While ZipRecruiter is seeing salaries as high as $128,628 and as low as $30,295, the majority of Pharmaceutical Sales Representative salaries currently range between $70,025 (25th percentile) to $109,756 (75th percentile) with top earners (90th percentile) making $124,158 annually in California.

What makes a successful medical sales rep?

Building better relationships is the key to a successful medical sales representative career, important both with new and existing clients. In the early stages of a relationship, clients will be hyperaware of whether you deliver on your promises, show them respect and make them feel valued.

What are your weaknesses as a salesperson?

Need for approval. Need for approval becomes a weakness when a salesperson cares more about being liked than they care about closing business. Taking criticism or bad attitudes personally is never a good thing, but it’s especially dangerous in sales, where reps regularly deal with rejection.

Can you make a lot of money in pharmaceutical sales?

In 2019, the average rep salary was $151,217, which includes an average base salary of $109,250 and an average bonus of $41,967. That’s a 6% increase, or almost $8,000, over the average salary for pharma sales reps from MedReps’ 2018 survey.

What is the best degree for pharmaceutical sales?

Good choices for a bachelor’s degree include pharmacology, chemistry, biology, medicine, mathematics and statistics. If possible, coursework in business training is a good idea for sales and negotiation skills.

What are the qualifications of a good sales representative?

The 14 traits of successful salespeople

1. They care about the customer’s interests. “Your customers want to know you …
2. They’re confident.
3. They’re always on.
4. They’re subtle.
5. They’re resilient.
6. They’re extroverted.
7. They’re good listeners.
8. They’re multitaskers.