Factors to Consider When Choosing a PCD Pharma Company in India

PCD (Propaganda Cum Distribution) Pharma has gained a lot of prominence in India over the last few years. PCD denotes a simple business model wherein a pharma company contracts with someone or an organization. This contract entails that the PCD pharma company will assign the marketing and distribution of its pharmaceutical products.

However, it is crucial to be able to pick the company to enter into a contract. So, here are some valuable pointers that can help in choosing the right PCD pharma company in India:

Product quality: Above everything else, the company should have products that are of quality that can be trusted. This is a bare minimum for pharma products as they come in the healthcare category. Moreover, pharma companies with high product quality also unanimously get a seal of approval from doctors and medical professionals.
Reputation: It's always good to check out the importance of the company in the industry. When the PCD pharma company has a significant presence in the market, people are more likely to have a default preference for them.
Customer service: A good customer service track record speaks volumes about the company. It reflects their dedication and commitment to attending to the needs of their customers. A good pharma body should provide 24/7 customer service and quick response times.
Experience in the industry: Collaborating with a company that has been in the industry for years is a huge positive. They are well-acquainted with the entire PCD process and can guide individuals or organizations they contract for PCD like you. You'll be less likely to make mistakes and will always have someone who advice you can trust.
Portfolio: You must check the portfolio of the company beforehand. A pharma company with a wide range of products and services will be able to cater to the needs of the industry without any hassle.

That's everything you need to know to pick India's best PCD pharma companies.

10 tips for selecting PCD Pharma Company

Best PCD Pharma Company Characteristics

It is not an easy task to find a good PCD Pharma Company without any prior research or guidance. To make it easy for you, we are listing some good points to have a look on;

1. Company Name

While looking for PCD Pharma Company in India, you should look for the company name. It should be a catchy and professional name. It should be easily pronounceable and remind-able. It is an important aspect while selecting PCD pharma franchise company because you will be known by this name in your area of business.

2. Brand Names

It is the same as the company name for the product name. Every product is known and labeled by any unique name to differentiate it from other product as well as the company. So, its name should also be easily pronounceable and remind-able.

3. Product Range

Check the product range of the company. It should be as per your need. Look for the price list of the company and choose the company which has the product range of your requirement whether having 400 products or 1000 products.

4. Product Packaging

Product packaging makes the first impression when it comes in front of the eyes of Patients, Chemists, and Doctors. So, it should be eye catchy.

5. Stock Availability

Availability of stock is the backbone of your business. You must take proper assurance about the regular supply of the selected products. Once the doctor has started prescribing your product then he can't wait for you if you can't supply the product on time because there are many other business owners who are approaching doctor to prescribe their product. So, make sure about it before the problem happens.

6. Promotional Material

Look for the companies who are providing good promotional material like Visual Aids, Bag, Catch covers, MR Shirt, Bottle, Prescription Pad, Brochure, Literature, Visiting Card, etc. These promotional materials are needed to run your business successful in the long term.

7. Monopoly Rights

Monopoly rights are the great aspect of the pharma franchise business. Monopoly rights provided by the company to its associate to exclude you from the competition for the product. This will help you to work freely in your area of business.

8. Payment Terms

You must clarify your all doubts regarding payment terms and conditions. Some companies allow submitting partial amount to help you start. You will have to pay for your rest of the amount later on. You should ask the company for the written document about payment terms and conditions.

9. Certifications

You should look for the company certifications if they are ISO and WHO-GMP certified or not. Companies who have these certifications mean they have the legal authority to produce and distribute drugs.

10. Company Background

It is also an important thing to consider while selecting the best PCD Pharma Franchise company. You should research their background like company's incorporation history, awards, recognition, etc.

Major advantages offered by PCD Pharma Companies

1. Low Investment Required

If you have been planning to start your own work and have good public relations in the market there is a good news for you that majority of pcd pharma companies never require high investment. You can start with small amount of investment that you have in your pocket.

2. Monopoly Rights
You can have a monopoly right for your area of business. They offer a monopoly to make it easy for you to start your business without any competition in that particular area. You will have full control to market and distribute the products across the allotted area.

3. No sales target
There is no deadline to sell the products. It is totally up to you how to do a sale, whenever you want a sale. There is nobody to ask. There are no sales targets on a monthly or yearly basis. However, pharma franchise companies do offer extra benefits when you reach expected targets in a stipulated time-frame.

4. No promotional activities
All the promotional activities and advertising work are done by the pharma franchise company. So, if you don't have time to be part of any promotional activity, you can still do your business.

5. Profitable deal
Propaganda Pharma company doesn't only offer you the opportunity to become self-employed, but also offer you the tremendous source of income without a proclaimed brand name or marketed pharma products.
Such companies offer you the pharma products at a very effective price so that you can easily earn a great margin on every pack of medicine you sold.

6. Be an entrepreneur
You can make your dream come true by being working with PCD Pharma Companies as these companies offer you to make you stand out in marketing and distribution strategy.

Vibcare Pharma is the one you can trust on. It is an ISO certified company having 40+ years of experience in the Pharmaceutical Industry. If you are still confused about which here to choose then here is the list of Top 10 PCD Pharma Companies in India.