SOURCE: Cutting Edge Information
January 15, 2008 07:16 ET
Average Cost per Primary Care Pharmaceutical Sales Rep Approaches $175,000
RESEARCH TRIANGLE PARK, NC--(Marketwire - January 15, 2008) - Pharmaceutical companies'
average cost per primary care sales rep hovers near $175,000, according to
a recent study by Cutting Edge Information. The sampling of companies
taking part in "Pharmaceutical Sales Management 2008," available at
http://www.PharmaSalesManagement.com, reported costs that range from
$125,000 to $225,000 per primary rep annually.
Interestingly, the average cost per primary rep from the study showed an
increase from a similar study compiled in 2005; hinting that costs are
going up across the industry.
"Cost per primary care rep has been a number that we have seen hover around
the $150,000 mark for several years," says David Richardson, senior analyst
at Cutting Edge Information. "Though there were some companies in this
study that still report costs near the $150,000 level, many other companies
are revealing higher cost levels this year."
"Pharmaceutical Sales Management 2008" examines pharmaceutical companies'
sales investment, structure, strategies, and field tactics. Compiled from
interviews and surveys with sales leaders at top performing pharmaceutical
companies, the report allows drug companies to compare and improve their
own sales strategies.
"Pharmaceutical Sales Management 2008" explores the latest trends, budgets
and strategies of top pharmaceutical companies. Key metrics in the report
-- Budgeting and Financial Support
-- Structure and Headcounts
-- Product Prioritization, Territory Alignment and Coordination
-- Sales Operations and Contract Sales
-- Training and Development
-- Sales Compensation and Reward Programs
-- Rep Activities
-- Segmenting and Targeting
-- Overcoming Reduced Physician Access
-- Optimizing Time Earned with Physicians
To download a free, online summary of this report, visit