Parkin Laboratories: Sales Force Effectiveness
By
Sandeep Puri
The profits of a generic-pharmaceutical company, Parkin Laboratories, are dwindling as a result of recent legislation implemented by the Indian government. To compensate for the loss in value, the company needs to increase its sales volumes. The general manager of sales is exploring the idea of investing in a program of sales force effectiveness to increase the efficacy of the sales team.
Collection: Ivey Business School (Canada)
Ref: IVEY-9B14A015-E
Format: PDF
Number of pages: 10
Publication Date: May 23, 2014
Language: English
Review date: May 21, 2014
What material is included in this case:
Description
The profits of a generic-pharmaceutical company, Parkin Laboratories, are dwindling as a result of recent legislation implemented by the Indian government. To compensate for the loss in value, the company needs to increase its sales volumes. The general manager of sales is exploring the idea of investing in a program of sales force effectiveness to increase the efficacy of the sales team.
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Year: 2013
Geographic Setting: India
Industry Setting: Manufacturing;
Learning Objective
This case is designed for use in a marketing course in a segment on sales management or in a sales management course in a class on analyzing sales force effectiveness. The case can also be used to introduce the basic concepts of pharmaceutical selling. This case is intended as an opportunity for students to deliberate the importance of sales force effectiveness in the changing market dynamics.The case has the following key teaching objectives:To increase understanding of the various factors affecting sales management. ·To discuss the evolution of pharmaceutical selling.To discuss the job of a pharmaceutical medical representative. ·To understand the advantages of programs in sales force effectiveness.
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