7 Step Formula for PCD Pharma Franchise Business - PowerPoint PPT Presentation

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7 Step Formula for PCD Pharma Franchise Business

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Updated: 16 July 2021
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Title: 7 Step Formula for PCD Pharma Franchise Business


1
Irene Pharma
2
7 Step Formula for PCD Pharma Franchise Business
3
  • PCD pharma franchise business is at a great boom.
  • It is making a profit because the demand for
    medicine is increasing every year. 
  • If you are an aspiring entrepreneur, then
    starting a PCD pharma franchise business is a
    good idea.
  • It has high scope and better opportunities to
    make a profit.

4
How to Succeed in a PCD Pharma Franchise Business?
  • However, it is essential to know the
    systematic way of launching the business. This
    particular blog is useful for all because it
    tells a simple 7-step formula.

5
1. Begin with drafting a proposal
  • As they say, if something is planned well, then
    it is done well. You have to start with a
    detailed, systematic business proposal, which
    includes all aspects of the pharma franchise
    company.
  • This proposal document includes business
    objective, vision document, financial planning,
    investment details, name of the company, and
    marketing strategies, etc.
  • Even if you are planning to launch a PCD
    business on a part-time basis, then also you have
    to prepare its future, targets, and mission.

6
2. Collect all the necessary documents
  • You need time to gather documents. Hence, keep
    patience. It is a lengthy and time-taking process
    as you have to go to the authorities. Get Drug
    License and GSTN. You have to fill prescribed
    forms and give all supporting documents.
  • If you are not clear about the required
    documents, then it is better to call some
    consultant. He will be helpful in gathering the
    necessary documents.

7
3. Choose the company
  • The selection of the company should be done
    carefully. When you invest in a pharma company,
    you have to be sure about their service quality
    and demand for products in the market.
  • You have to choose a company that has a reliable
    reputation in the market. Turnover is also an
    important criterion. More turnover means you will
    get a higher profit margin.

8
4. Choose products
  • A product list is a vital element in the PCD
    pharma franchise business launch.
  • Choose products based on a detailed analysis
    based on demand and supply in the market.
  • To make a wise decision, you need to compare the
    rates and products of various companies.

9
5. Ask for targets
  • Remember, your pharma company should not put
    undue pressure on achieving targets. It should
    not impose any condition in any situation.
  • Business targets should be realistic and
    achievable. They should stretch your capacity of
    performance gradually. There should be a healthy
    relationship between the pharma company and the
    PCD franchise.

10
6. Packaging
  • It is important to have the right packaging for
    your products. It keeps the medicines safe from
    duct and moisture.
  • And more importantly, it should draw the
    attention of the customer.
  • Since here the customers are pharmacists,
    doctors, and patients the packaging should be
    attractive enough.
  • Then only it will attract customers.

11
7. Promotional material
  • You should talk to the company about promotional
    material.
  • It includes visual aids, pamphlets, visiting
    cards, writing pads, pens, gift articles, and so
    on.

12
Contact Us
  • Visit
  • https//irenepharma.com/
  • Phone  
  • 91 9429774410
  • Email
  • irenepharma09_at_gmail.com
  • Address
  • 151, Shahjanand Estate, B/h. Lalji Mulji
    Transport, Sarkhej, Ahmedabad - 382210, India
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