I want to start pcd pharma franchise marketing so please send me needful information

Query:

I want to start pcd pharma franchise so please send me needful information

Response:

If you want to start pcd pharma franchise, then you have to careful about products you want to mark, company, products price, MRP etc. Read here: Which Pharma Franchisee Company (PFC) or PCD Company will be best for association?  

Following will be possible step for starting pharma franchise marketing:  

• Before starting pharma franchise marketing for any company, you should prepare list of molecule you want to sell.
• Send query to pharma franchise companies. Recommended at-least 4-5 companies.
• Ask for the best possible price list. 
• Negotiate for best possible rates for this molecules.
• Request for sample courier to your address for molecule you want to market.
• Compare packing and all other aspects.
• Ask for promotion and marketing material from company.
• Choose best possible pharma franchise associate for you.
• Place order and get your products.
• Start marketing of products

You should be careful while selecting your first franchise company because it will be your base. Once you are entered in this marketing, you will know which company will be best for you. In first company selection you should be careful.   

• Start with minimum investment. e.g. place order for 2 to 5 products with minimum qty.
• Test their efficacy and response from market.
• Test company follow-up ship and their corporation toward you.
• Once you receive positive response from market. Go forward with big order or quantity you need.
• Be careful at every step in starting until you become use to all aspects.

You need to calculate you margin firstly. You can get your roughly margin here for pharma franchise marketing.   You will need to calculate to calculate price to retailer and price to stockist when you will start your franchise marketing.

You will get your products at net rates and difference between net rate and mrp will be roughly as above 70% (may change product to product). You have to calculate all things as direct marketing companies do. If you want to know about how to calculate Price to retailer, price to stockist and MRP calculation click here  

Hope you have found this article helpful. Please revert with your suggestions.   

For more Detail read our FAQ   Frequently asked questions (FAQ) about Pharma franchise Business