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Technology & Scientific Sales

Break free from the paradigms created by previous life science sales technologies to fully take advantage of new life science sales technologies.Technology provides scientific salesmen with great tools. Perhaps the best example of this in recent history, at least in terms of visibility and adoption, are salesmen’s use of tablet devices to deliver sales presentations, product information, and other marketing content to prospective customers. Advances in technology, however, are often underutilized, especially in smaller life science companies. While general-purpose adoption is often good, these companies often fail to realize the full potential of such technology.

Too frequently, small life science companies (and sometimes larger ones as well) adopt new sales technologies by retrofitting the last generation of content for it without ever considering what benefits the new technology offers that could be leveraged to actually improve content delivery. In doing so, only a portion of the total potential benefit is realized. Let’s go back to the example of tablets. Sales presentations used to often require binders full of product information, salespeople would have to carry around brochures and other product information to leave with potential customers, and all of this created a lot of bulk that was heavy to carry around and could be clumsy to dig through on the spot. Companies also incurred the costs of printing, storing, and supplying such materials to their sales reps. Furthermore, customers could easily misplace a few pieces of paper and these materials were not readily shared and disseminated with labmates or other colleagues. Tablet computers were seen a way to solve these problems, and many companies and independent reps have adopted this technology. However, few examined how they could further improve their content delivery beyond alleviating these obvious issues. They simply retrofitted their previous content for electronic delivery via tablet (through pdf, powerpoints, word documents, existing web content, etc).

Now think about what could be possible if these companies thought about creating content that took advantage of the improvements in technology. Think about all the ways that various content could interact. Think about how content could potentially be created that is dynamic and allows salespeople to respond to expressed customer needs with specialized information that is more pertinent to those specific needs (the “landing pages” of next-gen content delivery). Think about how content delivery could become both more fluid and functional. These kinds of questions represent some of the forward thinking that needs to be done in order to truly leverage advances in technology to improve life science sales.

Technology is constantly changing, evolving, and improving. In order to maintain a truly up-to-date and highly effective sales force, life science tools companies need to not only adopt these technologies, but escape the paradigms created by previous technologies in order to create new and better ways to perform and support sales.

"Looking for ways to improve your sales practices? Is your life science company creating too few opportunities, or failing to convert the opportunities that it is creating? BioBM Consulting is here to help. With our deep industry experience, we can help you analyze your sales processes and implement methods to increase conversion and drive revenues. Contact us to discuss how BioBM can help your company succeed."

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