Methods and software arrangements for sales force effectiveness

• US 20060129447A1
• Filed: 12/16/2004
• Published: 06/15/2006
• Est. Priority Date: 12/16/2003
• Status: Abandoned Application

• Current Assignee: IMS Software Services Ltd. (IQVIA Holdings, Inc.)
• Original Assignee: IMS Software Services Ltd. (IQVIA Holdings, Inc.)
• Inventors: Wilson, Paul R., Downey, Timothy William, Nygren, Kjell Ake, Foltz, Susan Huffman, Yuan, Yilian, Dockery, James Daniel
• Application Number:
  US11/013,979
• Publication Number:
  US 20060129447A1
• Time in Patent Office: Days
• US Class Current: 705/10
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 10/0631 Resource planning, allocation, distributing or scheduling for enterprises or organisations
• CPC Class Codes: G06Q 10/06311 Scheduling, planning or task assignment for a person or group
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/0202 Market predictions or forecasting for commercial activities
• CPC Class Codes: G06Q 30/0204 Market segmentation

Abstract

A business planning solution for sales force effectiveness in promoting products in a target market is provided. The planning solution analyzes sales and market data to identify target market segments that are likely to respond to sales force activity. Business resources can then be allocated to optimize sales force activity. Detailed sales call plans can be generated. The business planning solution may be implemented as a computer software application on conventional stand alone or networked computer arrangements. For pharmaceutical industry applications, the software application is configured to process pharmaceutical market research data.

Claims

1. A business planning solution for an entity promoting sales of pharmaceutical products in a target market of prescribers, comprising the steps of:

(a) conducting market segmentation analysis based on pharmaceutical sales and market data;

(b) identifying a set of market segments;

(c) developing market response curves for the identified market segments;

(d) based on the market response curves, optimizing the entity'"'"'s resource allocations for sales activities in individual segments of the set of market segments toward achieving a sales goal for a particular product.

2. The business planning solution of claim 1 wherein in step (a) the pharmaceutical sales and market data comprises volume and shares data for each prescriber and product combination.

3. The business planning solution of claim 1 wherein in step (a) the pharmaceutical sales and market data comprises demographic data related to the target market of prescribers.

4. The business planning solution of claim 1 wherein in step (c) developing the market response curves for the identified market segments comprises using an empirical response model based on prior market response data.

5. The business planning solution of claim 1 wherein step (d) the optimization of the entity'"'"'s resource allocations is subject to market constraints.

6. The business planning solution of claim 1 wherein step (d) the optimization of the entity'"'"'s resource allocations is subject to the entity'"'"'s sales activity constraints.

7. The business planning solution of claim 1 wherein step (d) the optimization of the entity'"'"'s resource allocations comprises a sales call plan for promoting the pharmaceutical products in the target market of prescribers.

8. The business planning solution of claim 1, further comprising a step (e) of generating sales and market scenarios and optimizing the entity'"'"'s resource allocations for selected scenarios.

9. The business planning solution of claim 1 further comprising a step (f) of conducting portfolio segmentation analysis across a market mix of products promoted by the entity, and wherein step (e) further comprises optimizing the entity'"'"'s resource allocations for sales activities in individual segments of the set of market segments toward achieving sales goals for the mix for products.

10. The business planning solution of claim 1, implemented as a software arrangement on computer-readable media.

11. A software application for optimizing the sales activities of an entity promoting pharmaceutical products in a target market, the software application, comprising:

a tool for identifying a set of market segments by segmentation analysis of the target market based on pharmaceutical sales and market data;

a tool for generating market response curves for the sale of a particular product in identified market segments;

a tool for optimizing the entity'"'"'s resource allocations for sales activities in individual segments of the set of identified market segments according to their market response curves toward achieving sales goals for a particular product.

12. The software application of claim 11 configured with an interface for electronic receipt of the pharmaceutical sales and market data.

13. The software application of claim 11 which is customizable to the business characteristics of a specific entity.

14. The software application of claim 11 further comprising a forecasting tool for generating forecasts that are used to define the sales goals.

15. The software application of claim 11 further comprising a profile scenario editor for generating sales and market activity scenarios.

16. The software application of claim 15 further comprising an optimization constraint editor for generating sales and market constraints on the scenarios of claim 14.

17. The software application of claim 15 wherein the tool for optimizing the entity'"'"'s resource allocations is configured to generate optimal resource allocations for a user-selected scenario.

18. The software application of claim 17 wherein the tool for optimizing the entity'"'"'s resource allocations is configured to generate sales call plans for a user-selected sales team.

19. The software application of claim 11 further configured for portfolio segmentation analysis of a mix of products marketed by the entity, and wherein the tool for optimizing the entity'"'"'s resource allocations is further configured to generate optimal resource allocations for sales activities promoting the mix of products towards sales goals.

20. The software application of claim 11 further comprising interfaces for interactive operation of the software application by a user.