How to calculate Maximum Retail Price (MRP), price to retailer (PTR) and price to stockist (PTS)?
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- by Ajay Kamboj
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] In This Article, we will cover topic- PTR/PTS Calculator: Definitions of MRP, PTR and PTS MRP: MRP means Maximum Retail Price. It is the price at which customer will purchase any goods/services. It is inclusive of all taxes (GST). PTS: PTS means Price to Stockist. It […]
Read MoreHow to Calculate Net Rates in Pharma?
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- by Ajay Kamboj
Net rates in the pharmaceutical industry refer to the prices at which drugs or medications are sold by seller to purchaser, excluding/including any taxes, rebates, or discounts. These rates are also referred to as net prices or net invoice prices. Calculating net rates in a pharma franchise involves several factors, including the cost of goods, […]
Read MoreWhat is Stock Register? How to Maintain Stock Register?
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- by Ajay Kamboj
Stock Register may be define as live document/file/software record which is used for maintaining company's stock.
Read MoreUnderstanding Customer acquisition cost?
- by Ajay Kamboj
What is Customer Acquisition Cost? Customer acquisition cost is the cost spend to acquire a customer or get an order from a new customer. How to calculate Customer Acquisition Cost? In simple way, Customer Acquisition Cost (CAC) is calculated basically by dividing total marketing cost by number of customers/orders you get. Formula will be CAC […]
Read MoreHow to calculate Profit Margin, Net Rates, Trade Rates, Price List in Pharma franchise Marketing?
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- by Ajay Kamboj
We hope if you have visited this page, you have decided to start pharma franchise/pcd marketing Before start you want to know- how much you can earn through pcd pharma and franchise marketing. Unlike other business, this business don’t have fixed percentage margin. How can you earn from it depend at your selling skill. Here […]
Read MoreHow to calculate Maximum retail price (MRP)?
- 5 Comments
- by Ajay Kamboj
What is Maximum Retail Price (MRP)? Maximum Retail Price (MRP) is the maximum price of any product at which a product/service can be sold out to consumer. It is final maximum cost that a consumer has to pay to purchase any product/service. It is inclusive or all taxes. Some persons ask about how to calculate […]
Read MoreWhat would be the Trade Margin Under New Pharma Policy?
- by Ajay Kamboj
New Pharma Policy is hot issue in pharmaceutical sector now days. There are many rumours circulating in industry about new pharma policy. Some may be true and some may be false. Most concern rumours are Banning of Contract and Loan License manufacturing, Fixing of Trade margins and removing brand name from single salt preparations. In […]
Read MoreHow to Calculate Margins at proteins imported from India?
- by Ajay Kamboj
Query: Sir I used to import protein powder and several other multivitamin from India. Previously I used to import from local party of —— (India) . Now i am including few item from Delhi buddy.My question is I have imported goods in IC 30 and MRP is IC 250. Please let me know how can […]
Read MoreHow to calculate MRP for pharmaceutical products?
- by Ajay Kamboj
Query: Please suggest me the price calculation method of MRP for Pharmaceutical product Response: Calculate MRP on basis of following formula: Manufacturing Cost + Packing Cost + Margin + CnF margin + Stockiest Margin + Retailer Margin + Goods and Service Tax(GST) + whole Transportation + Marketing/advertisement expenses + other expenses Read more […]
Read MoreHow to Prepare Dispatch Register for A Company?
- by Ajay Kamboj
Dispatch Register: Dispatch Register is an important documents in any company. In Dispatch Register, all details regarding documents sent, parcel sent or other material sent through courier, post or transport is noted down for future aspect and proper follow-up. Dispatch Register is as important as stock register. Dispatch register can be maintained by […]
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