The scope of PCD Pharma Franchise –Franchise In pharmaceuticals is a very popular concept in India. It is a business which is young, spirited and surely earns some good profits. Are you looking for a good business deal? Want to earn the best and have the best out of a business? PCD Pharma Franchise is the right business for you. As we all know, The pharmaceuticals industry is a flourishing one. It has a bright future ahead which cannot be denied looking at the “Pharma Vision 2020”. Well, what is the scope of PCD pharma franchise? We will tell you in this article.
The pharma industry is the backbone of wellness and drug industry. The Indian Pharma industry is estimated to be worth 2, 40, 000 crore currently. If you look at the government target of 55 Million US $, you can imagine the huge benefit to the people associated with this industry. Are you new to the industry norms and regulations? Want to know the scope of PCD pharma franchise for good business? In this article by Medrix Pharma, we will inform you about everything.
Know The Term PCD In Pharmaceuticals
Propaganda Cum Distribution when abbreviated becomes PCD. Pharma Distribution cum Marketing Rights is a well-deserved meaning of what PCD business is all about. This business offers a great variety of benefits to its associates which are responsible for its huge popularity. This business model is perfect for all individuals to groups who want to make a step in the pharmaceuticals industry.
Under this business, a Pharma Company provides its products to be sold by you. You make the sale as a third party. Thus, it is a business to business (B2B) format. The business offers endless skies to everyone. There are no limitations to how much you earn. The more you sell, the more you earn.
The Benefits Of Associating With PCD Pharma Business
PCD franchise business offers good advantageous offers. The huge popularity came through the bigger benefits it provides to all its associates. Being a businessman, a wise one will always go with quality benefits. This is called a wise choice.
Here are some of the good benefits this industry provides to its PCD members:
- The franchise offers good growth opportunities as well as expansion chances.
- Genuine investment has been the main advantage why many choose to start this business.
- Is marketing your trouble? PCD benefits also offer marketing inputs like Cards, Calendars, Pens, and Diaries etc.
- The offering of monopoly rights makes you’re earning of good profits better. Less competition means more profits.
- You get to work under the support of a reputed Pharma Company.
- The demand for quality Generics & Drugs is one of the necessities of human need. Thus, the pharma industry is the place for business.
What Are the Requirements of Owning a PCD Pharma Franchise business?
Pharmaceuticals Industry is a good business destination but ethical business is what we all desire. The laws are strict and surely require fulfilling some criteria to be a part of it. The procedure of won a PCD pharma franchise business is as follows:
- Drug License Number.
- Tax Identification Number (TIN)
- Food Safety & Standard Authority of India (FSSAI)
- Private Limited Company registration (Not compulsory but advised)
- Experience in sales is the main requirement which will further be needed.
- Good connections with doctors who will help proceed your sales.
- The following can apply:
- Pharmacists registered under State Pharmacy Council.
- Wholesalers & Retailers Of Pharma Products
- Small Scale Pharma Companies
- Experienced medical representatives
- Medium Scale Pharma Companies
- Individuals or Group of Individuals
The Scope Of PCD Pharma Franchise As Wholesaler
The wholesaler sells the products in large parts. You buy from the company in bulk and sell it to different retailers. We have the following categories that fall in wholesale business of PCd pharma franchise:
- Franchise Medicines Distributer: One can choose to take up Unani/ Homeopathic / Ayurvedic Medicine Distributer. Medical /Surgical Distributer/ Over The Counter medicine Distributer or Health Supplement Distributer.
- Supply to Pharmacy Chains.
- C&F (Carrying & Forwarding Agent).
Retailers Scope In PCD Pharma Franchise
The following list of scope is under retailer PCD pharma franchise.
- Standalone Pharmacy (Residential areas)
- Hospital Pharmacy (Hospital areas)
- Township Pharmacy (Housing complex or Township)
Select a good pharma company for good results. Medrix Pharma offers you the chance to be a part of the mutual benefit venture. We are offering our business proposal at genuine terms. Contact us for best deals.