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The Marketing Advantage® assists Pharmaceutical and
Bio-Tech Companies to design Incentive Compensation Plans that
help the Sales Force meet the Corporate Sales Goals. Our
assistance is providing both thorough consulting and statistical
analyses as well as helping the client project the effects of
alternate compensation plans.
Using our
Pharma IC Planner
system, we can combine What-If? Simulations with
expert judgement to permit us to evaluate different compensation
and bonus schemes. We can help design the IC Plan, including
helping to set quota and testing the plan on the criteria of Equity and Fairness.
Once an Incentive-Compensation Plan is designed, we can help project
performances down to a Sales Rep level and estimate a total cost
to the Plan.
As the year unfolds, The Marketing Advantage® assists
with tracking IC performances and making mid-year corrections
to their "Sold-In" IC Plans.
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The Marketing Advantage®s experienced professionals work
with our clients to provide solutions for sales and profit through
improved marketing and sales decision making. We do this by
combining our collective expertise with our years of in-depth
knowledge of the Pharmaceutical, Packaged Goods and Healthcare
industries. Working together with our clients, we apply our
computer proficiency and Marketing Science ingenuity to develop
solutions for our clients unique marketing and sales needs.
Each of our experts averages more than ten years experience in
their respective industries -- continuously researching the
marketing and sales arenas for state-of-the-art services.
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| Marketing Science Modeling |
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While many companies claim to deliver unique, customized modeling,
most offer what only amounts to "spreadsheet-mathematics" --
averages, ratios and simple regressions (output obtainable
from a simple spreadsheet program). The Marketing Advantage®
has been building sophsticated analytical models since 1985 and
offers an extensive library of unique knowledge-based models --
with an emphasis on practical results that is uncommon for
such advanced modeling techniques.
Our models fall within many classifications -- from Expert Systems,
Multivariate Statistical Models to Multidimensional
Scaling Models, and Perceptual Mapping. We have been asked to
assist clients in creating customized sales and marketing models
for both tactical and strategic decision-making. No company offers
more expertise in both Modeling and Pharmaceutical Sales and
Marketing experience than we do.
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| Forecasting and Projecting |
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Whether it is Times Series Forecasting, Causal Model Forecasting
or Expert Systems Based Forecasting, The Marketing Advantage®
is a leader in forecasting methods and models. We have developed
unique quota setting, simulation and forecasting models. These
were built and refined based on examining thousands of
Pharmaceutical sales trend that consider new product growth,
patent protection loss and much more. These models have become
some of the most powerful in the industry.
We have made these models available to clients within their own
applications, so that the forecasting power or quota setting
ability can be used when needed.
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