What is Pharma Franchisee in PCD Company (Propaganda Cum Distribution)
In this article we will discuss about the important aspects of a pharma Franchisee in PCD Company (Propaganda Cum Distribution). In PCD concept both sides ( pharma franchiser and pharma Franchisee) are equally responsible for growth and establishment of a business.
In previous article we discuss about the
- what is PCD Company(Propaganda-Cum-Distribution) ,
- what is pcd franchise or pharma franchise
- career opportunity and benefits with PCD company (Propaganda Cum Distribution)
- How to choose PCD Company(Propaganda Cum Distribution)
- How to Find Franchise of a Pharma Company
Franchisee is the entrepreneur that is going to buy the franchise from the large company or pharma franchiser (PCD Company). Under this type of business a company gives permission to a person or Franchisee to sell their product in market with high profitability. Along with profitability the other main thing is the quality, no. of products and agreement between PCD Company and Franchisee. The Franchisee person purchases the goods of PCD Company under the legal agreement (legal documentation). Franchisee discusses and decides the parameter of business with PCD Company owner. Franchisee is an individual or a company that holds the franchise for sale of goods or operations of the service. Mainly Franchisee got benefit from revenue generation from his business.
Here we discuss about the some steps about the Franchisee person and which things decided or noted by Franchisee person before taking Franchisee or start business. generally the pharmaceutical sales professional like Medical Representative , Area Manager , Regional Manager , Marketing Manager , Sales Officer join this segment. It is highly reputed, highly growing segment in comparison to job in pharmaceutical segment. Sometime the Franchisee pay some fees to the company against the uses of company rights like company name , brand name, royalty but it is not carried by all PCD Companies. Once go through the all above steps , it is time to launch franchise business. Always associate with a company that has rich experience in this field. It increases the probability of success in business.
If you are looking franchise in herbal products then SANTAOZ HEALTHCARE is good option have large no. of product with quality assurance at reasonable price. SANTAOZ HEALTHCARE provide good incentive like cash rewards, domestic trips, international trips, benefit on purchase during festival to franchisee.
Advantage as a Pharma Franchisee
- Franchisee will get the product on monopoly basis for the specific geographical area.
- As a Franchisee you required less initial investment for business.
- Franchisee person will decide his working area.
- Franchisee person will decide his working hours.
- Franchisee will decide his target according to his requirement and zeal.
- Franchisee can set his designation according to own comfort zone.
- Franchisee income is directly related to his work, capability, quality and the size of business.
- Franchisee can decide no. of products and type of products according to your geographical area.
Requirement as a Pharma Franchisee to Start Business
- Find and check the company name and product list.
- Confirm about the area which is required for marketing.
- Finalize the product according to your requirement.
- Ask about the terms and condition of the company like how much investment they want in initial phase.
- Discuss the price and other condition like company will provide credit or not etc.
- Check the type of inputs and quality of inputs like gifts etc.
- Get the wholesale license from local drug authority on your premises for the billing of products to the market and customers.
- You required GST NO. (GOODS and SERVICE TAX) for billing purpose.
Check the Things as a Pharma Franchisee
- The approvals, approach and history of the company.
- Future planning, vision and mission of PCD Company.
- Discuss and finalize the margins on the product and extra benefit on the bulk purchase.
- As a pharma Franchisee you will get product on time and as per your requirement.
- Check the business model of PCD Company. It should be as per current industry parameters.
- Check about the issues of PCD Company with other Franchisee person and old one because the wrong company selection destroy the image of Franchisee.
- Input provide by the company
- visual folder
- working bag
- product reminders
- brochures
- price list
- diaries
- small gift articles
- visiting cards for Franchisee person
Disadvantage as a franchisee
The major disadvantage as a franchisee is the quality of product. if we talk or think from customer side they want quality of product. if the customer had bad experience in past with PCD Company then maybe he will think same thing for current PCD company Because the franchisee person have long distance from the location of PCD Company.
As a Franchisee your old relation in the market will help you. Because in starting career as a Franchisee 1st you will approach your old covered area and old covered customer. Previously covered area is easily approachable for pharma Franchisee person in comparison to newly area. The Franchisee person is also known as the franchise partner with PCD Company. India is a big country and lot of healthcare services required. As per survey there is healthcare service provider is less in comparison to users. So, that in India massive opportunities present as a Franchisee but before starting business as a Franchisee make your mind set for work as Franchisee. In the starting of business it may be possible your way will be tough, harsh and you did not get success. Then analyses of your working style and selection of your company, products, activities served by you and company.
Franchisee will get the product from PCD companies on net rate basis and sells to customer on same pattern which is adopted by other pharmaceutical companies. Decide the PTR (Price to Retailer), PTS (Price to Stockiest), schemes.
For example we consider a product name is SANATOZ with MRP 100 inr. Then
PTR – Decrease 20% from MRP then it comes 80 inr
PTS – Decrease 9.09% from MRP then it comes 72.73 inr
OR some time company gives
PTR – Decrease 10% from MRP then it comes 70 inr
Along with that franchisee decide the schemes in respected area as per area requirement. For e.g. – 2 box free on the purchase of 10 boxes (schemes indicate like 10+2)
On the sale of 1 lakh franchisee can easily save 15000-20000 after paying all expenses. In today era lot of countries are adopting this concept and in current time 36 countries have law for franchise concept. So, that it is the future concept for business growth and revenue generation.
If you are looking franchise in herbal products then SANTAOZ HEALTHCARE is good option have large no. of product with quality assurance at reasonable price. SANTAOZ HEALTHCARE provide good incentive like cash rewards, domestic trips, international trips, benefit on purchase during festival to franchisee.
Can contact at :–
sanatozhealthcare@gmail.com
If you want to earn well in pharmaceutical industry as a pharma Franchisee then make sure you will invest in best PCD Company. Only in case of right PCD Company then you will grow well and get best benefits. So, that the career as a Franchisee or with PCD Company having high possibility of success. You can fill your dream with your revenue generation from your business. In this profession the opportunity is big like sea and in job the opportunity like a pond. We hope you will find sufficient information for Career Opportunity with PCD Company (Propaganda Cum Distribution). Lot of related article links present below and from these link you can extract lot of information regarding profession and professionals.
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