If you got a question, look no further.
We post the most common questions
in our FAQ section.
Please fill in the form below to receive a Free Sample of the Report.
The goal remains the same: pharmaceutical companies wants to
influence product adoption, improve sales volume and increase product revenue.
Key Account Management (KAM) is now the tool of choice, but too many companies
are still engaging with it half heartedly. What can be done and what are the
critical issues to address when building a KAM team?
KAM has been around for over 10 years, yet many companies have
failed, and some continue to do so, in establishing a full and effective KAM
model. Despite the early success of KAM, and the promise it held to be a game
changer for customer engagement, companies have often been slow – through fear
or inexperience – to embrace all that KAM has to offer. Is this surprising?
Cultural change and restructure have long been recognised as a challenge for the
pharmaceutical industry. The traditional ‘command and control’, centralised,
head office-driven model is ingrained and comfortable: no wonder some are wary
of going all the way with KAM.
To cling on to traditional sales methods is to deny market reality.
Sales representatives, supported by broadcast messaging, get precious little
face time with prescribers, and, as a point of market access, this route
continues to diminish. Most importantly, traditional sales methods do not
engage, understand or work with customers – and this is where the sales are.
What’s your value proposition?
The heart of a good KAM practice is presenting to prescribers and
influencers what the clinical and economic value is of choosing your product.
You don’t sell a product; you sell a solution, and a solution which is tailored
to meeting their priorities. Clearly such a solution cannot be created centrally
and generically applied. To create such a value proposition, the key account
manager must engage with a range of stakeholders and decision makers, fully
understand what drives them and their decisions and then use this information to
position the product for best advantage. This is a long way from old high call
rate product detail approach, and requires a unique set of flexible and
The essentials of building a KAM team
The number of team restructures within Pharma sales and marketing is
testimony to the many attempts to get KAM right. Some times KAM practice is only
partially introduced; sometimes KAM is a token effort with the current rep sales
force being rebranded. Sometimes the necessary cultural and operation change is
only skin deep or the KAM initiative has not been given enough time to bed in.
KAM, essentially, is about people. People who can understand patterns
within a healthcare service and engage with the right stakeholders in a timely
way, people who can develop commercial strategies for a network of influencers
and identify opportunities and provide value-based solutions to customers to
meet their needs.
This report breaks down KAM requirements and lets you build the team
This new report Effective Pharma KAM Teams – the essential factors
driving performance provides everyone involved with building running or
implementing KAM strategy with a complete understanding of the issues which are
shaping the operating environment and the essential qualities necessary in a
competent KAM set up. The report illuminates KAM with insights and case studies
from leading experts and those running successful KAM operations.
Packed with facts, case studies and expert insights, with this report you
can:Understand the history of KAM and why its implementation has so
Evaluate the ongoing market trends which make effective KAM
Challenge internal arguments often raised against KAM
Identify the key attributes needed for a key account manager
Create a KAM infrastructure which will really bring improved sales
Define practical recruitment drives, training and team structures
-Learn from the expert insight of experienced KAM practitioners who
are leaders in the field and were part of pharma’s original ground-breaking KAM
-Gain key insights into how to help companies adopt the KAM and
become a fully integrated key account organisation
-Understand how to recruit KAM staff, build and nurture a team,
strike a balance between autonomy and team work, and how to manage the
transition from old hierarchical model to horizontal KAM organisation
“They're the people who can work beyond just ‘here's a detail A, off
you go’. You need a group of people who are interested, motivated and
knowledgeable about their environment and want to make a difference. I think
people who are willing to challenge their thinking and the thinking of others
around them, then we can help support and get them there.” Lundbeck, UK
“For me, KAM is a totally different approach, and it is a commitment
on behalf of the entire company that you will work with your customers in a
“I think this is part of the excitement of making any change and this
forms part of the journey. Everyone within the organisation needs to be exposed
to this new way of working and therefore everyone needs to have the opportunity
to overcome their fears, to overcome their reluctances and to play this new team
approach.” Ipsen, Spain
2.1.Problems are opportunities for KAM
2.2.is the KAM approach?
3.Game-changer: potential and fulfilment of KAM today
3.1.Towards a definition of KAM and KAMs
3.2.Key account selling, key account management and key account organisations
3.3.Partnerships between pharmaceutical companies and the health service via KAM
3.4.Paradigm shift for pharma – KAM rethinks customer relationships
3.5.Customer relationships in the conventional sales model versus the KAM model
4.Management in the KAM model and positive adoption of new roles
4.1.Resistance to sharing power
4.1.1.Challenges of company-wide change to KAM
4.1.1.What determines whether a company has really adopted the KAM approach?
4.1.1.Infrastructure: KAM teams, KAM individuals and key customers
4.4.Developing, training and coaching a KAM team
4.5.Ongoing specialist training for KAMs
4.6.KAM team infrastructure
4.7.Autonomy versus team-work
4.8.KAMs start work with the customer not the product
4.8.1.Interaction between KAMs in the field and head office
4.9.Where does KAM sit in the organisation?
4.9.1.Internal KAM customers
4.10.KAM: a commercial strategy for market access
4.10.1.Defining the key customers for a key account
4.10.2.The decision-making matrix
4.11.Utilising data to maximum effect in achieving KAM success
4.11.1.Making the most of data in planning strategy
4.11.2.Alignment with the healthcare system
4.11.3.Measurement and evaluation of KAM