How Pharma Companies Can Benefit from eatNgage

The implementation of the Sunshine Act in 2013, was a game changer for the pharmaceutical sales process. With the new regulations in place, pharmaceutical companies have been forced to forgo offering extravagant gifts, making business lunches one of the most viable methods for pharmaceutical reps to present new drug treatment options to physicians. As a remote business lunch platform, eatNgage can help pharmaceutical companies save time and money, and reach more prospects, all while ensuring 100% compliance with current laws and regulations. Here are a few objectives pharmaceutical companies can achieve with eatNgage:

1. Increase the number of virtual meetings with physicians. Research has shown that doctors who are treated to a meal by pharmaceutical reps, are more likely to prescribe the promoted drug. However, in-person, business lunch meetings can come with additional expenses and time constraints. By offering a lunch incentive through eatNgage you’ll see a significant increase in the number of physicians accepting your virtual meeting. This is a convenient, yet personal way to meet with doctors and present information about new medications.

2. Easy Sunshine Act Compliance. Keeping track of gifts and value exchanges with physicians in order to comply with the Sunshine Act does not need to be a headache. In fact, with eatNgage, it’s easy. When a physician orders a meal through eatNgage they’ll be required to enter their NPI (National Provider Identification) number.  You’ll then be able to easily transfer this information to your tracking system and submit it to the government.

3. Reduce the use of outside sales reps and travel expenses. The expenses associated with utilizing outside sales reps can be substantial. Apart from their salary, other expenses may include travel arrangements, mileage reimbursement, food allowances, and hotel accommodations. Add that to the money spent on catered meals for doctors and their staff, and you’re talking millions of dollars each year. eatNgage gives pharmaceutical reps the ability to host remote business lunch meetings with doctors from all over the U.S. By utilizing our platform you can greatly reduce the use of outside sales reps, and ultimately reduce the amount of time and money allocated to in-person sales meetings.

Start a Free Trial – eatNgage can help you take your pharmaceutical sales strategy to the next level while saving you time and money and facilitating Sunshine Act compliance.

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Eric Steinmetz

Over 20 years of digital marketing and lead generation experience across a variety of industries.

Sarah Clyde

SaaS sales professional with 10 years experience in B2B sales, systems, training, and project management.

Mark O’Conor

20+ years of client focused, Operations and IT roles in the Energy sector.

Yehuda Alon

Founded Interfax (sold to a US public company). Led several online B2B ventures through their entire life cycle: concept, fundraising, organizational building, product design, development, launch, commercialization, growth, and M&A

Avi Tessler

Founded Marketech (sold to a US public company). Provided outsourced  sales and marketing services to a wide variety of B2B SaaS companies from young start-ups to US fortune 1000, with various marketing and sales needs.