Description
In the pharmaceutical and biotechnology industry in general, marketing departments are divided according to the medical speciality to which their product, drug or related product is directed. Within each of these specialisations, we find pharmaceutical product managers.
These professionals are part of the marketing department of a pharmaceutical company and are the head of a product or range of products (brand manager). Their involvement begins with the conception of the product and continues with its management throughout its entire commercial cycle. Define at all times the commercial and marketing strategies to follow. Also, they ensure the maximisation of the benefits produced by this product through its relaunch in phases of decline or the implementation of new strategies aimed at prolonging its existence.
Likewise, these professionals' mission is to manage the life cycle of one or more products, from the definition stage and launch until the moment they disappear, always with the main objective of achieving maximum profits through sales. Their role begins with the search of business opportunities, continues with the coordination of the marketing plan for the chosen product, which should feature the classic variables of the marketing mix (product, price, distribution and communication), the realisation of sales forecasts and, finally, the organisation of logistics and the positioning of the product in the market. Advertising, promotions, sponsorship, market research, merchandising and pricing are some of the tools they use in order to achieve their targets.
Tasks
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