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High verbal but Low Quant Score

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i have given gmat twice

aug 2011 total 660 81% Q 47 76% V 34 68% aa 5.5

april 2012 total 720 94% Q 47 76% V 42 95% aa 4.5

i couldn't focus on last 3 questions of quant due to shortage of time (no excuses but may b its due to the fact that i had acute cough during exam day and focusing was a trouble )
i was initially very happy about crossing the 700 mark but i am really worried about my low and stagnant quant percentile.

i m from business background and aim to do phd in marketing (though not in quantitative marketing but behavioral)
I have got strong gpa ( high scores in statistics ,finance and economics ) and work experience as a research assistant with reputed university leading to one international publication

How badly will quant component affect my chances since i have heard phd admission committee gives lot of significance to quantitative abilities.

Should i retake the test ?

please help !

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