In this episode, I talk with the founder of Open Books MD, Chere Cofer. In
2013 the FDA approved 1,423 drugs. While that’s an excellent thing for
patients, it’s also a very daunting thing for physicians who need to figure
out a way to keep up. That’s where medical sales reps come into play. Open
Books MD is a digital platform that connects medical practices and the
medical sales reps that call on them, for the purpose of creating and
managing facetime interactions with the doctors.
Chere’s background as a pharmaceutical sales rep was where the idea for
Open Books MD was formed. She then spent 18 months developing the product,
and first launched in September 2017. She discusses an experience the
company had with a failed launch of their premium product, and how they
took customer feedback to rebuild.
Topics In This Episode
* Revenue strategy
* Size of the current team and positions to be filled
* How a larger team would allow for faster growth
* Failed launch of premium product, and the resulting rebuild
* Important lessons learned
* What is currently missing from the market and how Open Books MD will
fill that void