Frequently Asked Questions
What Is PCD Pharma Franchise?
Propaganda cum Distributorship is a type of franchise business in which a franchise company allows their franchisees, which are basically individuals or group of individuals to sell the pharma products on the behalf of the company.
What are monopoly rights?
Monopoly rights are the rights that are given to the franchisees by the franchise company. These rights give permission to the franchisee to sell the products using the name of the company.
How to start a pharma business?
Steps to start a pharma business-
1. Select the best PCD Pharma company that let you have a wide range of low-priced but high-quality pharmaceuticals.
2. The company must have some standard terms and conditions, and monopoly rights, failing which you can face some serious problems with them in the long run.
3. Analyze the requirement of pharma products in your area and then choose your products from the company’s product list.
4. You should be having a commercial space to start the distributorship business, a drug license in case of allopathic medicines, and a good network with localities and doctors. 5. If you are a fresher, it will be good to start with low investments. 6. Plan a budget, buy the products, and fresh start your journey in pharma!
1. Select the best PCD Pharma company that let you have a wide range of low-priced but high-quality pharmaceuticals.
2. The company must have some standard terms and conditions, and monopoly rights, failing which you can face some serious problems with them in the long run.
3. Analyze the requirement of pharma products in your area and then choose your products from the company’s product list.
4. You should be having a commercial space to start the distributorship business, a drug license in case of allopathic medicines, and a good network with localities and doctors. 5. If you are a fresher, it will be good to start with low investments. 6. Plan a budget, buy the products, and fresh start your journey in pharma!
Which places are preferrable to start a pharma business?
Mosfet Healthcare Pvt. Ltd., a top pharma company allows you to start a pharma business anywhere in India. Our unique monopoly rights and business strategies help you maximize your sales and build a great network which eventually helps you in rooting a profitable pharma business.
What are the benefits of starting a pharma business?
Indian pharmaceutical market is the third largest growing pharmaceutical market in the world, and this fact makes India a very resourceful place to start a pharma franchise business. Pharma business is one of the most profitable businesses in India and also the huge population is another boon that helps in maximizing sales. Hence, these facts themselves state how beneficial it is to have a pharma business in India. The only thing you need to have is willpower and determination!
Can a pharma salesperson start a pharma business? or Can a medical representation start a pharma business?
If you are a medical representative or an MR who is looking to start a pharma business, without any doubt, you are among the most preferred people who have other perks in running this business. Firstly, you already have a great pharma network and this lets you yearn for high profits. Secondly, if you start your own pharmaceutical distributorship, you become the direct connection between pharma companies and end clients that is doctors or patients, and hence, instead of getting commissions, you are the profit-maker now.
How many products do you have to purchase to work with Mosfet Healthcare Pvt. Ltd.?
We believe in providing value for money, and for this, we let you start a pharma business with investments as low as starting from Rupees 10,000. First few months are a building stage of business, and hence, you can increase your monthly purchase plans as or when required.
Which documents are required to start a Pharma Business?
In the case of an allopathic business, you would require a Drug license and GST Registration Number. However, you do not require a drug license if you are looking to start an ayurvedic pharma business.
How to calculate price to retailer and price to stockist?
PTR stands for Price to Retailer and PTS stands for Price to Stockist. The general formula to calculate the price is-
GST [5% / 12% / 18%]
P.T.R = (MRP – Stockist Margin) ÷ (100+GST) *100
P.T.S (If Stockist Margin is 10%) = PTR-10%
You can add a margin of retail and stockist
What type of promotional assistance is provided in the pharma business?
Mosfet Healthcare Pvt. Ltd. provides all types of promotional assistance to help you take the advantage of our brand value in the pharma market. Following are the promotional tools provided by us-
• Visual Aid
• Working Bag
• Product Cards/ Brochures
• Catch covers
• Writing Pads
• Pens
• Input
Apart from this, we provide pens, diaries, and small gift articles, this may change over time.
• Visual Aid
• Working Bag
• Product Cards/ Brochures
• Catch covers
• Writing Pads
• Pens
• Input
Apart from this, we provide pens, diaries, and small gift articles, this may change over time.
What is the future of PCD Pharma business in India?
Pharmaceuticals have grown rapidly as medical sciences have developed. As new companies enter the pharmaceutical sector, sales professionals enter the sector, the market is free-flowing, it is easy to start, and there is no need for heavy investments, franchise marketing has a bright future.
How to calculate retail margin, own margin, stockiest margin, scheme, etc for Pharma franchise marketing?
It's not necessary to have a strong background in mathematics to perform these calculations. It’s just a matter of fixing margins between your retailers and your stockiest, which normally are fixed at 10% for wholesalers and 20% for retailers/chemists. You can fix it according to the market conditions and make it flexible to boost your sales.