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J3 In The Hood
1. J3 in the Hood
John Coleman, President and Managing Partner of J3 Healthcare Sales and
Marketing, talks about J3’s unique concept of providing urban sales and marketing
strategies to the pharmaceutical industry.
Can you tell us a little about how J3 Healthcare got started? How has your organization
developed? What areas of healthcare do you specialize in?
J3 Healthcare began two years ago after my partner and I realized that most companies
didn’t have enough representatives to properly serve urban and distressed territories.
During my time as a representative, large parts of my territories were underserved and
didn’t develop from a revenue generation standpoint that would satisfy large companies.
I began to think about how these territories could develop into revenue producing parts
of larger territories. There is the presumption that areas with large minority populations
are dangerous and not as advantageous to market your products. While that analysis
may have some validity, there is still a large market that is available to the first company
that understands its value and the intricacies with regards to the selling and marketing
process. As I spoke to physicians in these territories, they informed me that they would
prescribe products in relation to what companies called on their offices. When I increased
my presence and it exceeded that of my competitors, my market share grew exponentially
faster than any other parts of my territories.
As I continued my career in the pharmaceutical industry, I began to see the need for an
organization that could work closely with large and small companies to help market and
promote products in specific territories; thus, the creation of urban and underserved sales
teams, training and multicultural marketing services.
Currently there are no companies in the business that offer to co-partner and market
products specifically in urban areas. In doing the research, we realized that companies leave
hundreds of millions of dollars per year on the table because they don’t have a presence in
these territories. The issue is how companies merge their current sales strategies and tap
Product
Knowledge
Marketing
Strategy
Business
Analysis
144 FUTURE PHARMACEUTICALS DRIVING THE INDUSTRY FORWARD