Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between pharmaceutical sales representatives and territory sales 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 sales representative takes usually requires 2-4 years. Additionally, a pharmaceutical sales representative has an average salary of $68,571, which is higher than the $34,431 average annual salary of a territory sales 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 sales representative are customer service, CRM, and product knowledge.
| Pharmaceutical Sales Representative | Territory Sales Representative | |
| Yearly salary | $68,571 | $34,431 |
| Hourly rate | $32.97 | $16.55 |
| Growth rate | 4% | 4% |
| Number of jobs | 102,935 | 219,928 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 85% | Bachelor's Degree, 79% |
| 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 sales representative is responsible for selling goods and services, assisting customers with their inquiries and concerns, and monitoring the assigned area's sales reports. Territory sales representatives coordinate with the rest of the sales team to develop effective marketing strategies and promotional techniques to increase revenues and profitability. Territory sales representatives research current market trends to identify business opportunities to meet consumer demands and widen their services. A territory sales representative must have excellent knowledge of the sales disciplines and principles, managing the market approach to ensure customer satisfaction.
Pharmaceutical sales representatives and territory sales representatives have different pay scales, as shown below.
| Pharmaceutical Sales Representative | Territory Sales Representative | |
| Average salary | $68,571 | $34,431 |
| Salary range | Between $42,000 And $110,000 | Between $15,000 And $78,000 |
| Highest paying City | Boston, MA | Boston, MA |
| Highest paying state | Massachusetts | Massachusetts |
| Best paying company | Eli Lilly and Company | IBM |
| Best paying industry | Pharmaceutical | - |
There are a few differences between a pharmaceutical sales representative and a territory sales representative in terms of educational background:
| Pharmaceutical Sales Representative | Territory Sales Representative | |
| Most common degree | Bachelor's Degree, 85% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between pharmaceutical sales representatives' and territory sales representatives' demographics:
| Pharmaceutical Sales Representative | Territory Sales Representative | |
| Average age | 47 | 47 |
| Gender ratio | Male, 41.0% Female, 59.0% | Male, 69.1% Female, 30.9% |
| 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, 14.2% Asian, 5.1% White, 72.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |