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The differences between pharmaceutical sales representatives and territory representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a pharmaceutical sales representative, becoming a territory representative takes usually requires 2-4 years. Additionally, a pharmaceutical sales representative has an average salary of $68,571, which is higher than the $39,761 average annual salary of a territory representative.
The top three skills for a pharmaceutical sales representative include patients, pharmaceutical products and develop strong relationships. The most important skills for a territory representative are customer service, patients, and customer relationships.
| Pharmaceutical Sales Representative | Territory Representative | |
| Yearly salary | $68,571 | $39,761 |
| Hourly rate | $32.97 | $19.12 |
| Growth rate | 4% | 4% |
| Number of jobs | 102,935 | 155,926 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 85% | Bachelor's Degree, 83% |
| Average age | 47 | 47 |
| Years of experience | 2 | 4 |
The job of pharmaceutical sales representatives is to inform and educate doctors about a company's medical and pharmaceutical products. They serve as the link between a company and healthcare professionals to hit sales targets. They have varied responsibilities, including assessing clients' needs and presenting suitable products, delivering product samples, and working sales teams to develop and implement brand strategies. This role's qualifications include relevant work experience, excellent communication, sales, negotiation skills, and a bachelor's degree in a relevant field.
A territory representative is responsible for selling the company's goods and services within a designated area, negotiating offers with potential clients, and identifying business opportunities according to market trends and customer demands. Territory representatives analyze the sales performance and strategize techniques to reach sales targets by coordinating with the whole sales team. They must be highly knowledgeable of the products offered by the company to demonstrate features and functionalities and respond to the inquiries and concerns the customers may have.
Pharmaceutical sales representatives and territory representatives have different pay scales, as shown below.
| Pharmaceutical Sales Representative | Territory Representative | |
| Average salary | $68,571 | $39,761 |
| Salary range | Between $42,000 And $110,000 | Between $31,000 And $50,000 |
| Highest paying City | Boston, MA | - |
| Highest paying state | Massachusetts | - |
| Best paying company | Eli Lilly and Company | - |
| Best paying industry | Pharmaceutical | - |
There are a few differences between a pharmaceutical sales representative and a territory representative in terms of educational background:
| Pharmaceutical Sales Representative | Territory Representative | |
| Most common degree | Bachelor's Degree, 85% | Bachelor's Degree, 83% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | SUNY College of Technology at Alfred |
Here are the differences between pharmaceutical sales representatives' and territory representatives' demographics:
| Pharmaceutical Sales Representative | Territory Representative | |
| Average age | 47 | 47 |
| Gender ratio | Male, 41.0% Female, 59.0% | Male, 62.6% Female, 37.4% |
| Race ratio | Black or African American, 3.9% Unknown, 3.7% Hispanic or Latino, 14.6% Asian, 5.2% White, 72.3% American Indian and Alaska Native, 0.2% | Black or African American, 3.8% Unknown, 3.7% Hispanic or Latino, 14.1% Asian, 5.1% White, 73.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |