Analytics Technology Research Territory Alignment & Sales Force Deployment Implement sales force strategy through optimized field alignment and get better resource utilization and target coverage; our complete territory field alignment and deployment process is designed to facilitate better change management and field buy-in According to a market research study, nearly eighty percent of US companies have imbalanced sales territory alignment and that includes pharmaceutical companies as well. When territories are out of balance, too much effort is deployed against low potential customers and too little is deployed against many high potential customers. The result is that companies often leave millions of dollars on the table. Why is territory alignment so important? Workload Imbalance 200% Customers are underserved while the sales team is overworked 150% Workload Index ® +15% 100% -15% 50% Under-utilized resources 0% Reps/Territories With access issues and a competitive marketplace, it’s a challenge for any pharmaceutical company to align its territories effectively and then deploy its sales forces according to the skills and capabilities of its sales people with respect to its product-portfolios. An important aspect in this scenario is the timely availability of information in an integrated and easy to use manner. Even when the data is available, most companies lack the sophisticated analytical tools to analyze it, and understand the impact of adding/reducing number of sales reps in a particular territory. We at marketRx, understand that a territory alignment affects all your customers and your own people. Through our domain expertise and vast experience in providing actionable solutions to our clients, right from strategy to implementation, marketRx offers high quality territory alignment and deployment solutions using proven methodology and flexible tools across the entire territory allocation process. Our Methodology At marketRx we have designed a well tested process that delivers on four key success factors to ensure successful implementation of the field force strategy. Design Database Development Territory Location Analysis Territory Optimization Field Management Design Sessions Representative Replacement Implementation Strategy Implementation- Ensure deployment / design decisions are aligned with strategy Change Leadership- Fully integrated mechanisms for stakeholder buy-in and communication Process Management- Client-centric process utilizing tools and design stops to support the process Data Management- Manage data flows to support management decisions, enhance quality, and ensure timely delivery Our Offering marketRx delivers robust analyses to support critical business decisions, such as deployment of resources, best territory headquarter locations and the overall optimization of territory alignment. Our solution is backed by our iAlign™ toolkit and industry leading third party tool AlignStar. Combined with our in-depth knowledge of pharmaceutical sales and marketing domain, our solution provides answers to a host of business issues, such as: Expansion/ Reduction Sales Force Realignment Merger Integration Alignment Solutions Some of the many pressing questions we have answered successfully for our clients are: What is the best sales force structure and deployment to implement my sales and marketing strategy? CSO Deployment How can I “do more with less” and increase sales force productivity and therefore my Return on Investment? How can we enhance customer coverage, increase performance and lower travel costs? Goal Setting Representative Placement How do I minimize disruption and manage change effectively while resizing my sales force? Sales Organization Restructuring marketRx works with sales operations and human resources to develop the objectives and constraints of the sales deployment process (in the context of the issues such as new launch, integration of forces, level of disruption, future changes, redeployment). We Create an alignment database based on the expected activity by customers and the location of target customers or accounts Create workload indices and use local geographical knowledge to design territories Review proposed territories (with maps and reports) with field and deployment team to finalize territories Conduct DM sessions to finalize rep assignment, territory changes. Build communication plan Deliver ZIP-TERR files, Rep Placement and change management plans We will also help you validate your alignment periodically through the Territory Expert Report Card. Territory Expert Report Card Below is the Territory Expert's report card based upon the selected variable: Norm P MD Ind Overall Grade: Detailed Grade: Data Linking: A C+ Contiguity: C+ Balance: DRep Distribution: C+ Compactness: A Travel Efficiency: F Our Benefits marketRx is a leading provider of complete sales and marketing effectiveness solutions to global life sciences companies, utilizes its strengths in analytics, research and technology to deliver actionable and measurable results. Territory Alignment Deployment solution from marketRx lets you benefit from our vast experience in building sales force strategy capabilities implementing the same for our clients across all major global markets and therapeutic categories. Key benefits are: Geographical footprint for sales teams to provide best customer coverage & resource utilization Territory and management unit boundaries while maintaining even workload Capability of handling physician-based, account based or hybrid territory alignment plans Incorporation of both resource utilization as well as personnel aspects of sales force deployment resulting in rep buy-in better acceptance Sales Operations & Management Product Management Market Research marketRx combines market research, analytics and technology to provide solutions that enable our customers at global pharmaceutical and biotechnology companies to improve effectiveness of their sales and marketing initiatives. With all of the top 20 global pharmaceutical companies as customers, marketRx is the leading provider of integrated marketing and sales effectiveness solutions. and and and and ® www.marketrx.com email: info@marketrx.com Americas: +1 (908) 541-0045 Asia: +91 (124) 416-0800 Europe: +44 118 902 6840 Australia: +61 (0)402 355 746 Corporate Headquarters: 1200 U.S. Route 22 East, Bridgewater, NJ 08807 Tel: (908) 541-0045 Fax: (908) 541-1595