In this article, we will know about what is PCD Pharma franchise and How to Start PCD Pharma Franchise in India. Due to good scope and opportunity, This is attracting and aspiring people to start their careers in Pharma sector. However, many people do not know the process of the PCD Pharma franchise in India. How they can start this business as a career and earn a lot of profit from this business.
Today, many companies have well established themselves in a well renowned name. You can see franchise ads everywhere like magazines, social media, and online platforms. Therefore, it gets a little difficult for distributors to choose the Best PCD Pharma Franchise Company according to their requirements. If you are facing same issue, don’t worry we will help you to choose the best option for you.
First of all, we would clarify what is PCD Franchise Business. PCD stands for ‘Promotion cum Distribution’. In this sector, the company generally offers you selective areas to sell the products with small investment. The franchisor appoints to a specific area on a monopoly basis, so that they can expand their business without inner competition. Therefore, chances of profit will increase from the located area. The franchisor required to purchase the medicines at net rates and sell them to stockists, hospitals, and doctors with their margins.
Who can start PCD Pharma Franchise in India:
Pharma Distributors, Pharma Sales Staff, Wholesalers, Retailers, and Medical Reps can start PCD franchise business.
How to start PCD Pharma Franchise in India:
This is the most important step to select the Best PCD Pharma Franchise Company very carefully. Because your investment, time, and future planning are depending on the company. Therefore, you can’t take any decision in the first time. You have to properly study about the company, such as experience, product quality and results, and market reputation. These all things help you to choose the right company.
Below are some points which you should consider before starting a PCD Pharma Franchise:
1) Product Availability and Packing: You should check the packing, quality, and availability of products in the first step. A good packing and design of the product helps you to attract the more customers which are good for the healthy sale.
2) Payment Terms: Every company has different terms and conditions to make the payments. But in starting you can start with the advance payment. Once you make a strong relationship with the company, then you can request for credit.
3) Terms and Conditions for the franchise: Terms and conditions are very important for any business. This is the written form or agreement between the both parties. It helps to maintain your future relations and reduces the conflicts like payments, business rules and etc.
4) Monopoly Agreement: Very carefully check all the monopoly points in terms and conditions. It should be clearly mention about the territory where you are promoting your business. Take this in a written agreement to prevent any dispute in the future.
5) Sales Target: Make sure yourself about the sales target if have any. Having a good relation and understanding always give the best results.
6) Promotional Items: If you are working as a PCD Franchisor, you have required some promotional inputs from the company side like visual ads, visiting cards, calendars and product catalog and etc.
7) Net Rates: Select the 3-4 best companies according to your requirements. Check their net rate list as per product quality. Negotiate and finalize them.
8) Market Presence and Reputation: This is one of the important parts when you are choosing PCD Franchise Company. You should check company history, market experience, product presence, and product quality.
9) Product Promotion: Product promotion and visibility plays an important role to attract more customers and more sell. Must visit the company website and other marketplaces like, Amazon, Flipkart, 1MG, etc. to check the visibility and review of products.
Procedure to apply for PCD Pharma Franchise:
First of all, choose the area where you want to promote and sell the products. Secondary, Select the range of Pharma products like Ayurvedic/Herbal, Cosmetics, Nutraceuticals, Unani and Allopathic, etc. Then, contact with company or send the inquiry for rate list. If they have a vacant area to requested territory, make an agreement and start the business.
Reasons to become popular of PCD Pharma Franchise:
- Small investment and market cost.
- Low administrative cost.
- Be your own boss.
- Minimum risk and profitable business.
Best PCD Pharma Franchise in India – Afflatus Pharmaceuticals Pvt Ltd
Afflatus Pharmaceuticals is one of the Best PCD Pharma Franchise Company in India that manufactures a wide range of Pharma products in multiple ranges like, Ayurvedic/Herbal, Cosmetics, Nutraceuticals, and Unani. Afflatus Pharma has a huge customer based in PCD Pharma and Third Party Manufacturing in all states of India. We are certified from WHO: GMP, ISO, Organic, Halal, Kosher and etc. The company has very flexible terms & conditions for the PCD Pharma Franchise. If you want to know more about the PCD Pharma franchise business then contact us at +91-93067-55157 or email us at info@afflatusPharma.com.