What is this?


"Perhaps if you take into account that the new sales people are experienced in the industry and can make some quick competitive conversions"

As I understand it, there are and have been very experienced, success, well connected people putting their efforts into this product line-without success. ZERO SUCCESS.
The key words the PP uses is "quick competitive conversions." This is exactly what this company is looking for, quick, short term sales. Unfortunately anyone who fully understands the implant business in the US knows that there are no "quick conversions" for proprietary implant systems. If someone is using Zimmer, yes, a quick conversion to Implant Direct maybe possible. The GP's know how to restore, have the instrumentation and there is little to no learning curve. But for a specialist to go from say Straumann to a COMPLETELY different implant system that requires new instrumentation, education for the GP's on how to restore this new system, there is no quick conversion possible. Conversion from a first tier company to another first tier company, yes, happens but not very often. First tier user adds a second tier implant line, possible. Doctor using a first or second tier implant company, abandons its current implant offerings in favor of an unknown, outdated over priced implant system with ten employees? I don't think that is very likely.

"Some people believe that the greatest risk can yield the greatest reward. A gamble isn't for everyone but with hard work much can be accomplished."

There is a saying that goes "work smart, not hard"; which is the first part of the fallacy of hard work. Consider what you do in your life that you deem as hard work. Many things we do are done because that is how we have always done them without reviewing whether there is a better and easier way of doing the task at hand. The second part to the fallacy of hard work is that working hard is not the pivotal point of focus but rather a fallacy that is misleading and unfortunately can be rather demotivating. There are things in life that regardless of how hard one works, the ultimate outcome will not be effected. If one was to try and bail water using their most rigorous efforts, for as long as they could stand it, on the Titanic, would the ultimate outcome have changed? Nope. In retrospect those hard working bailers would be considered fools-wasting their time and effort on an obvious lost cause, when they could have been waiting in line for the life boats for a quick, life saving exit from the obvious doomed ship.
Same is true here. Its not a matter of hard work or smart work, its simply a matter of a faulted business plan, non-competitive products, fierce, better equipped competitors
and a lack of management experience and skill in the US market. PP, come on back in 3 or 6 months, and let us know how you guys took down Straumann, Implant Direct and Nobel. People have short memories. One of the managers at this company worked at Keystone dental, a B-School case study of failure of a gigantic magnitude. No one takes responsibility for the failure of Keystone, but in my mind the managers who made the decisions, where the people who caused it. One of them works are Intra-Lock. I guess these Intra-Lock guys have more than $300 Million to blow, like Keystone, maybe will hire an army of useless MBA's as did Warburg-Pincus and Keystone. I hope you guys make it, my experience tells me unless there are some serious management and product changes chances are slim to none. First get your pros through training, tell them they get paid once a month, and their expenses will be paid "when we can get to them." Get past that hurdle. When the pros realize there are no discounts-NONE, no financing, no Net 30, no returns, and no education, they can work even harder. Then when those same experienced sales pros realize that they have a very unrealistic time frame to accomplish a quota that is higher than the entire company has done in the US, cumulatively over the last 5 years, he can work harder. Good Luck my friends. If you can get it done I give you my best wishes! Lets reconvene in 6 months!
 

This is the listing from Intra-Lock. I guess they don't quite have their training class full yet. If they are promising commission and bonus based on sales, document what the current sales for these territories are, then find out the increase they expect within 3 months. At 7% commission rate, you'd need to generate $550,000 in revenue the first year to make that number. Ask how many of the current or former reps have generated that much revenue.


Sales Rep Job Function: Sales
Job Code: Product Category: Medical Devices
City: Market Segment: Dental
State: Call Point: -Other-
Compensation

Compensation: $90K to $110K Salary Range: $50K to $70K
Type: Salary + Commission + Bonus Commission Range: $20K to $40K
Auto Package: Car Allowance Bonus Range: $10K to $15K
Benefits: Full Expenses and Benefits

Job Description, Qualifications, Territory
Description: Fast growing, well funded Dental Implant company seeks Rep in Philly, S Jersey and Delaware.
This is ground floor opportunity with unlimited potential.
Quick hire, training class July!



Qualifications: Must have 2 years of Dental Implant experience, past or present. A sharp Dental assistant with Implantology experience would also be considered.


Travel: 20 - 30%


Contact Information
Name:


Phone: 561 447 8282
Company: Summit Search Fax:
Company Type: Recruiter Email:
Comments: Web Site:
 
A sharp dental assistant?

"We would prefer an MBA, with extensive surgical experience, metallurgy, and/or CAD/CAM and Guided Surgery Experience required. Existing relationships with top Oral Surgery thought leaders and/or Dental Research University contacts preferred. But we will take a dental assistant with no college degree and no sales experience if we have to."

Great.
 
"Qualifications: Must have 2 years of Dental Implant experience, past or present."

Does the candidate have 2 years of "present" implant experience? No, he only has 2 years of "past" implant experience. WTF?

English anyone?
 
Sounds like a lot of fear to me. This company has been around for 10 years and is making huge growth strides.

Foreign? This is an American company (Boca Raton) with American manufacturing (California).

Previous posts sound like ignorant bitter ex-employees that did not work and got cut.

This co. was owned partially by three Brazilian brothers, Aziz, Fabio and Jacob, as of late June they are out, and the Dir. of Operations who is an American, has taken over the Brazilian's ownership interests. The CEO is a Frenchman with engineering and dental training, but no marketing or business training. Essentially this was a manufacturing operation that manufactured a Brazilian designed implant in Florida for overseas distribution. They had a small spontaneous sales operation in the Florida area around their manufacturing facility. Recently decided they would expand and take on the big players in the US. Their Dir of marketing/Sales worked in the overseas distribution segment for Lifecore, managed the Latin markets. When that company was bought by Keystone, he stayed on shortly in the same role-International Distribution. Was then discharged from Keystone.
He was hired by Intra-Lock about 2 years ago, to manage their existing International distribution operation-Latin America primarily. In January 2011 he was put in charge of their domestic sales operation, which was and still is essentially non existent. His knowledge and experience in the domestic implant market is extremely limited. It seems he has never held a position selling or marketing to US doctors. He is close to 70 years old, and lacks the marketing and sales savvy that his more contemporary competitors possess. Knows the product, knows the clinical condition, Ad nauseam, but does not seem to be able to differentiate what is relevant and irrelevant information for the market he is targeted. Classic, "show up and throw up" mentality, but lacks the ability to convert this knowledge into an actionable sales or marketing message.
The Director of Operations worked at Imtec/3M in marketing and product development. His name goes on most of the 510K applications for Intra-Lock's FDA submissions. Background seems to be in the mini implant arena, doesn't seem to have experience with regular diameter implants. has never held a position with a major US implant company.
The lack of domestic, regular sized dental implant experience by two of the three people responsible for this business is somewhat disconcerting and puts them at a distinct disadvantage vis a vis existing and future competitors. This deficiency added to any possible product deficiencies creates further competitive challenges.
 
Sounds like if you are an experienced implant rep you'd probably want to steer clear
of this operation. You have to take everything on CF with a grain of salt. But there is also some truth intermingled. Unless you need something to carry you over until a real long term position opens up I wouldn't take a chance with my career on this company.
 
That has happened before, a pattern emerging. Can't really sell much if you can't retain employees beyond initial training. Are they still on track to be "the best not the biggest". Did the "sales trainer/VP Sales/Marketing Dir/International Sales Dir./Janitor rub his sandpaper smooth personality on some of the new people?
 
Good luck getting paid by these guys. They don't like to adhere to labor laws, or they just don't have the money to pay their employees. Multiple instances of this occurring. Absolute bottom of the barrel company.
 
A Mexican guy named Jose called me about interviewing with this co. after 5 minutes on the phone with him and listening to his "sales and marketing plan" I politely decided I wasn't interested.
 
I think he is actually from Guatemala. Surprise, the Latin American market is not the US market. Just because you can sell implants to a distributor in Guatemala doesn't make you able to compete against the sophisticated, well financed marketing machines selling implants in the US. Another tidbit-US doctors like to deal with well spoken, English as a first language, experienced people. Ask some of the broken English Korean companies how they are doing with American docs-miserable. Second, you need an accommodating, friendly personality. Jose fails miserably here too. This guy is about as smooth as steel wool.
"The truest characters of ignorance are vanity, pride and arrogance." Jose should take some advice from that quote. Third, Keystone was and still is a complete unmitigated failure. For someone to have that abortion of a company as proof of their prior success doesn't fly. Keystone never made a profit, and by any measure, could it ever be considered a market leader or success. Lifecore was a third tier implant company that threw their hand in after many years of losing the dogfight. Now the guy who managed a small part of a small, unsuccessful implant business is going to take down Straumann, Nobel and the others? Laughable.
 
I am not affiliated with this company in any way.. but you have gone too far in making statements about race or nationality.. It just shows unprofessional behavior.. I assume that you have a territory that is not in any major city of the US. A small rural area would be my guess.
 
Jose is a class act. To say otherwise is ignorant. I can't believe that the people @ Intra-Lock would not honor their commitments. I surmise that there is more to the story. This company is going to make major strides in the coming year. We will be on the radar of the big players soon enough.
 
Jose is a class act. To say otherwise is ignorant. I can't believe that the people @ Intra-Lock would not honor their commitments. I surmise that there is more to the story. This company is going to make major strides in the coming year. We will be on the radar of the big players soon enough.

LOL. You're about 10 years too late to be on the radar. Unless you are going to charge $125/implant and offer superior customer service and making restoring your implant easier than anything else on the market, you will continue to have $0 in sales.
 


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