How to match sale and purchase stock if company give free goods?

Query 1: If any company gives offer, how to show it in sales, because it’s free . If shown, purchase and sales do not match how to solve this problem it ? Query 2: If we are selling free goods. Purchase will be less than sales. how to manage this problem ? Response: Free goods […]

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What should a pharma student do just after graduation? Job or Business!

Query: I am pursuing B.pharma (3rd yr) looking for a business or job . I have knowledge of medicines and marketing . I know it needs large amount of money to start business in pharmacy profession . If you have any idea for small scale business or any job.Please tell me .I will be very […]

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How to Design & Procure Company Logo, Company Profile, Brand names, Trade mark, Packing and promotion material?

Query: Thanks for the valuable articles on “How to Start Pharmaceutical (Marketing/Trading) Company in India?” I am ————-, completed my Master of Pharmacy in pharmaceutical Management & Regulatory affairs (PMRA), in 2013, having 1 year experience in pharma marketing & 1 Year in Pharma Regulatory affairs too. Two of my friends and me want to […]

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Does drug license number require for mouthwash and toothpaste?

Query:   Do we require drug license number for mouthwash and toothpaste sale & purchase, and Marketing?   Response:   If mouthwash and toothpaste is medicated and fall under drug and cosmetic act & rule then you require drug license number. For mouthwashes or toothpastes fall under Herbal, Ayurvedic or cosmetic preparation and udyog adhaar then doesn’t […]

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Why pharma marketing is a slow process?

For non professionals, pharma business is lucrative business. They consider it as huge margin market. No excuses, it was margin able market but in today circumstances, it’s one of the top most competitive market. Not sure but there should be above 40000 pharma companies (small or big) located throughout India. Every day new pharma company […]

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How to Sell Medicines? Types of Marketing and Sales in Pharmaceutical Sector.

Pharmaceutical market is different from other markets in every aspect. In Pharmaceutical market we can’t approach to direct customer i.e. patient. We have to market our products to Doctors. Doctors are the primary customer to all Pharmaceutical Companies whether it is a Generic Company or Branded (So called Ethical) Company or PCD company. Different type […]

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How to start pharmaceutical business without having pharma or medical knowledge?

Query: My name is —– and presently working in Nigeria.My background is engineering and has no medical experience; Though I am getting the support from one of establish Pharma Franchise/Pcd Company and they want to start their new division considering me as head of operations. The new company would be sister concern of the old […]

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How to calculate Profit Margin, Net Rates, Trade Rates, Price List in Pharma franchise Marketing?

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 […]

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What is Pharma Visual Aids? Features that a pharmaceutical product or brand’s detailing visual aids/literature should Contains

Visual Aids is an item of illustrative matter, such as a film, slide, or model, designed to supplement written or spoken information so that it can be understood more easily. What is a Pharma Visual Aids? Pharma Visual aids is referred as a document which is used to promote pharmaceutical product/brand to healthcare professionals and […]

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How to calculate Maximum retail price (MRP)?

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 […]

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