acp-ls annual meeting 2013, [workshop overview] perceptions of life science product supplier sales...

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The New Role of the Life Science Supplier Sales Rep September 19-20, 2013 Philadelphia, PA

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We're looking forward to the annual meeting of the Association of Commercial Professionals--Life Sciences (ACP-LS) in Philadelphia on September 19-20. It would be great if you could join us there, too! If you haven't registered, be sure to register through our "Friend of BioInformatics" page to get a discount: http://www.acp-ls.org/friendofbioinformatics BioInformatics LLC President, Bill Kelly, will be presenting findings from our report "Life Science Sales Reps: Best Practices Guide." We'll be discussing the new role of the life science sales rep in this era of Internet marketing, online product searches and eCommerce platforms. We look forward to seeing you there!

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Page 1: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

The New Role of the Life Science Supplier Sales Rep

September 19-20, 2013 Philadelphia, PA

Page 2: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

A presentation based on primary source research conducted by BioInformatics LLC

gene2drug.com

Bill Kelly, President

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Page 3: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

The role of the life science sales rep is changing.

“I’m the New England man. I’m vital in New England.”

- Willy Loman

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Page 4: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Traditional channels that were used to inform and influence customers are being replaced.

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Page 5: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Scientists are learning about and buying products in new ways.

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Page 6: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Scientists are researching products online every day.

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Use of general search engines to research products (n=897)

Page 7: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

How can sales reps influence purchase decisions when consumers know so much?

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Scientists increasingly know what they intend to purchase before a sales rep even visits them. Scientists are sophisticated

consumers and have greater k n o w l e d g e a b o u t t h e i r product choices than ever before.

Scientists are busy, and less likely to take time out to get to know their reps.

Page 8: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

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So what do we need sales reps for, anyway?

Page 9: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

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We surveyed almost 1,000 scientists

to find out.

Page 10: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

What do scientists need from their sales reps?

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•  We explored how your

customers learn about products, how they buy them and what factors influence their decision to choose one supplier over another.

•  We will share with you the findings of our research and how you can apply them to your direct sales strategy.

Page 11: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Understanding the scientist as a consumer is the first step.

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Discerning

File #24315173

Curious

Dissatisfied

Skeptical

Easily distracted

Afraid of mice

Page 12: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Scientists’ interest in opportunities arranged by reps to evaluate instrumentation.

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Page 13: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Likelihood to negotiate instrumentation service contract at time of purchase.

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Page 14: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

We will explore multiple facets of what makes a great sales team.

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Choosing products that support research.

What do labs want from their sales reps. What kind of collateral

should be left behind?

How do labs want to be contacted by reps?

Do scientists want onsite visits from reps? What types of promotions

work best?

How do scientists learn about products?

Page 15: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

Join us.

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Learn how to keep your customers coming back with a top performing life science

sales team.

Page 16: ACP-LS Annual Meeting 2013, [Workshop Overview] Perceptions of Life Science Product Supplier Sales Professionals

ACP-LS Annual Meeting

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Join us!

September 19-20 DoubleTree Hotel Philadelphia Center City

And for a “Friend of BioInformatics” discount, go here to register:

http://www.acp-ls.org/friendofbioinformatics