PCD Pharma Companies and franchises are now the new trends in Indian Pharmacy Business. This helps both the company and the franchises to get a handsome amount of profit from their investments.
Elaborately PCD means Propaganda cum Distribution. PCD Pharma means those companies who provide products to the franchises company for marketing, distribution, and sell off their product. In return, pharma companies take a certain amount for their brand name and the franchise companies use the brand name of the PCD Pharma Companies and start business locally. They also get the product of the pharma companies to sell.
The franchise companies also get the right to conduct the promotional activities for doctors and also for the authorization of distribution or channel network. This concept helps the PDC pharma companies to make business on a large scale and also helps these franchise companies to grab the local market with the brand value of the pharma company.
Profit and Growth: For the small-scale business or for the start-up companies it is difficult to achieve the desired profit and growth but with the help of the PCD, companies easily get the best benefits and also have high growth opportunities. The growth opportunities for both companies are equal.
Low-Risk Investment: PCD pharma companies have low risk as they directly do not deal with the market sell. They get a steady income on selling the brand name to the franchise companies. The investments for pharma companies are very less.
Monopoly: The franchise company gets the monopoly power to market and distribute the products in their own way. The PCD pharma company does not interfere in these matters. Thus, they can enjoy monopoly rights freely.
Product Resource: The PCD pharma companies provide a large number of resources to the franchise company. Thus, product rate becomes very low for the franchise companies and also, they never run out of stock with the product.
Large Platform: The franchise companies do not have to work too hard to set up their business and create goodwill as the PCD franchise company brand value is carried forward to them.
PCD Pharma and franchise business is a huge demand in the Indian market nowadays. So, there is a great scope of business for the new and small sectors. Taking franchise from the PCD companies carry low very low risk with a good return. Thus, these days, PDC pharma is in trend globally.
Choosing the best PCD franchise company is also a tough decision as there are many PCD pharma companies available in this market. So, one needs to carefully select a good PCD company to take the franchise. While choosing the PCD Company we have to be very careful about certain aspects such as the PCD Company should be certified by WHO and should also have ISO certificate. The company should have a good brand value in the global market and also the product should be of high quality with huge inventory stock.