JOURNAL ARTICLE
Sales Techniques for Medical Products and Key Account Management.
Published In: Economics & Business (1987-5789), 2025, n. 3. P. 136 1 of 3
Database: Central & Eastern European Academic Source 2 of 3
Authored By: Shashiashvili, Nana; Sopromadze, Zaza; Simonishvili, Besarion 3 of 3
Abstract
This article explores the pivotal role of sales strategies and Key Account Management (KAM) within the pharmaceutical and medical products sector, emphasizing their impact on business performance and client relationship development. In a market increasingly defined by stringent regulatory frameworks, rapid technological advancement, and rising competition, the strategic alignment of KAM with tailored sales approaches is essential to sustaining a competitive edge. The study aims to investigate current challenges and emerging trends, with a particular focus on leveraging digital technologies, data analytics, and personalised methods to boost sales effectiveness and client engagement. Findings reveal that companies utilizing advanced Customer Relationship Management (CRM) systems, big data insights, and customized communication techniques experience significant gains in sales performance, customer satisfaction, and market share. The discussion highlights the importance of organizational agility, ongoing innovation, and proactive client management in navigating global market demands and regulatory expectations. Additionally, it emphasizes the need of continuous investment in digital transformation and the upskilling of sales teams. In conclusion, the synergy between innovative sales strategies and effective KAM is vital to driving long-term business sustainability and client loyalty. Pharmaceutical firms are encouraged to adopt data-driven, collaborative, and customer-centric models to strengthen market positioning and achieve enduring growth in an increasingly competitive environment. [ABSTRACT FROM AUTHOR]
Additional Information
- Source:Economics & Business (1987-5789). 2025/07, Issue 3, p136
- Document Type:Article
- Subject Area:Marketing
- Publication Date:2025
- ISSN:1987-5789
- DOI:10.52340/eab.2025.17.03.08
- Accession Number:189779948
- Copyright Statement:Copyright of Economics & Business (1987-5789) is the property of Ivane Javakhishvili Tbilisi State University, Faculty of Economics & Business and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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