Living in a developing country like India brings along lots of opportunities. As you may be aware, we have the world’s third-largest pharma industry by volume. In fact, India’s pharma exports have risen to 1,83,422 crores in 2021-2022.
A lot of people wish to enter this industry, be it young entrepreneurs, pharmacy students, or someone who wishes to change their business/ profession, but does not possess enough knowledge.
Starting a PCD pharma franchise requires a lot of careful consideration as every decision you take will directly impact how your business performs. This is why it is important to pick the parent company after analysing all its positives from an entrepreneur’s perspective.
In this blog, we will help you understand why it is beneficial to work with us, and what gives us an edge over the competition. So, let’s see what makes Vivaceutical the best PCD pharma company in India.
What Makes Vivaceutical the Perfect Choice for PCD Franchise Partners?
Our team of experts came up with the perfect PCD pharma business plan to ensure that everyone who collaborates with us has a great experience. As aforementioned, we can also help those who do not have any experience or connections in this sector. Let’s find out how this is made possible.
Dedicated Customer Support
Let’s begin at the very first step. If you do not have any knowledge about the pharma industry, you may feel demotivated. However, we are here to help you understand even the basics. Whatever queries you have, feel free to reach out to us at our customer care helpline.
Our expert team will be happy to answer all your questions, so it becomes easier for you to form the perfect business plan. Furthermore, our support does not end here. If while forming your plan you feel that you need some additional help, we are here for you.
Low Investment
You may be under the impression that every business will drain your pockets in the beginning. While it is true that you need to pay for a few things, such as:
- Rent
- Stock
- Tax registration
- Documents / government-approval
Click here to read about this in more detail.
However, when we talk about just the stock and the products you’ll be keeping in your inventory, we can help you get started for as low as 10,000 INR! Moreover, operating a PCD franchise means that you do not have to worry about maintaining a huge stock, you can just order more when you feel the need or after analysing which of the products are doing well in your area.
Our wide range of products will be especially beneficial for this purpose.
Good Market Relations
You need to have good market relations with the doctors near your retail medical store in order to make good profits. Let’s understand why this is crucial for PCD pharma franchise partners. For instance, patients visit dermatologists for skin conditions. If the dermatologist near your store has good relations with you, they would suggest their patients purchase the medication from you.
Due to the high competition, a lot of medical stores would try to win over the doctors in a particular area, so how can you, as a newcomer, make sure that they decide to work with you? This is where we come in. We have established lots of connections in the health industry and will happily pass them over to you. Moreover, the next two points will help you understand how we further help our franchise partners.
Marketing Support
Most small businesses spend 7-12% of their budget on marketing. However, we understand that everyone who wishes to start a business may not have the same means, or be able to allocate the “recommended amount.” Worry not, we will ensure that you do not have a hard time marketing to the right audience.
At Vivaceutical, we offer all our partners promotional material, such as pens, notebooks, and more. We will also promote you through other channels, and connect you with our experts in this field. They will help you understand our marketing strategies in detail and how to implement them without burning a hole in your pocket.
Monopoly Rights
This is one of the most sought-after benefits of opening a PCD pharma franchise. Monopoly rights allow the PCD franchise owner complete control over the sale of the products in a particular area. As a result, no other seller is allowed to sell the same products within that area. So, as one of our partners, you will be the main seller of those medications in the entire area for which you have a monopoly.
We adhere to an exemplary distribution protocol, which will assist you in marketing their final products and providing exceptional benefits to their associates. Vivaceutical grants authorised partners marketing, delivery, and business rights for a particular region that has been approved.
Choosing monopoly in India is particularly beneficial as it eliminates the need to compete in such a saturated marketplace. Moreover, as you would be the only seller in that area, patients who need products from you cannot go elsewhere even if you aren’t available.
Apart from that, you have the option of selecting a stock that is in high demand in your target market. Because this business requires less investment, the risk involved is also low.
There is also no monthly sales target, the monopoly PCD franchise business allows you to grow at your own pace. You can grow your business by purchasing products from the company that are only available in your location.
Conclusion
We do not claim to be in the business by ourselves; rather, our partners have entrusted us and reaped great benefits. Their profits and success have helped us grow exponentially.
So, if you are looking for a PCD pharma company that not only supplies high-quality products in a timely manner, but also stands with you through the ups and downs of starting a new business, give us a call!
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