1 / 5

How does a PCD pharma franchise work?

PCD pharma franchise is the authorization granted by the top PCD pharma companies in India to any individual or a group or a distributor allowing them to use the proprietary knowledge or products, brand names and any intellectual property within the predefined framework.t

Albia
Download Presentation

How does a PCD pharma franchise work?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How does a PCD pharma franchise work?

  2. What is pharma franchise? Before you get in to the details of PCD pharma franchise business, let’s give you a brief idea about franchise. The word franchise has been derived from an Anglo French word “Liberty” It may be liberty of work, time, money, etc. PCD pharma franchise is the authorization granted by thetop PCD pharma companies in India to any individual or a group or a distributor allowing them to use the proprietary knowledge or products, brand names and any intellectual property within the predefined framework.

  3. Working of PCD pharma franchise • The top PCD pharma companies in Indiadefine the terms and conditions which are agreed by both the parties. • The franchise companies are given the rights to sell, market, distribute and promote the products and services offered by the best PCD pharma company in India. • The PCD franchise company is allowed to run the promotional activities for doctors, pharmacists, etc. • All these promotional activities are done on the behalf of the PCD pharma companies and it is ensured that there is no deviation to the company policies as well as business morals. • Generally, the investments in new products, promotional inputs and advertisements are managed by the seller.

  4. Why PCD pharma franchise concept is popular in India? • Low marketing cost: It is the main reason for PCD pharma franchise popularity. A big marketing cost involving C&F agents, foreign tours, corporate gifts, etc. matter a lot for a small company. Pharma franchise concept makes this process less costly and efficient. • Low administration cost: Pharma franchise company needs less staff for handling the works. • Own work at minimal investment: Pharma Franchise can be started with very low investment. • Profitable: Pharma franchise companies can earn good profits with minimal efforts.

  5. Thank You

More Related