Vibcare Pharma
15/12/22
Starting a pharma franchise comes with many challenges, including finding the best company to partner with. Finding the best pharma PCD company can be daunting unless you do extensive research. However, you do not have to spend too much time on that. To help reduce your guesswork, we listed tips to help you make an informed choice.
Decide what to sell
Pharmaceutical companies differ in the range of products they offer. Some of the best specialise in ayurvedic goods, which are in high demand in India. Just be sure the company is well-known to Ayurveda practitioners and trusted by many customers across the country.
Know the company and its reputation
Browsing pharma PCD companies can introduce a range of names to you. Narrow the selection to established and reputable brands with professional names that are easy to recall and associate with the products. Verify the company’s reputation in its industry to ensure its credibility, trustworthiness, and quality of its goods and services.
Explore the product range
The best pharma PCD company can provide a list of its products online. Request a price list from your prospects to compare their offerings and determine which business has the product range you’re considering. Ensure high-quality, attractive packaging and help your business make the best impression on patients, doctors, and chemists.
Verify stock availability and the procurement process
A complete inventory can help your business succeed, so ensure the company can provide a regular supply of the products you want to sell. Ensure the timely procurement and delivery of goods, especially if you plan to open your franchise in far-off villages or small towns. Some of the best companies provide same-day dispatch with live order tracking.
See samples of the promotional materials.
The best pharma PCD company offers high-quality promotional materials and marketing aids like prescription pads, visual aids, reminder cards, keychains, gifts, and more at no additional cost.
Ensure monopoly and affordable payments
Choose a pharma PCD company that provides monopoly rights to reduce competition. Payment terms and conditions must be stated clearly from the start. Some companies may even allow partial payment to help you start sooner, and then you can pay the rest in instalments.
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