An act of providing authorization of franchise to market, distribute and sell the pharmaceuticals products of the Pharma Company. PCD Pharma (Propaganda Cum Distribution) or Pharma Franchise are co-related words.
There is no such difference on the actual workings of both the business models. They both work in the same manner with slight difference, PCD Pharma has no target in sales, whereas Pharma franchise has a minimum sales target to achieve.
Scan for the most ideal approaches to pick the PCD pharma franchise company like: Company History, Product Portfolio of Company, Check Pharma Quality, Product Packings, Promotioal Inputs, Rate and Profit margin, Monopoly Rights, Payment Terms and Conditions, ISO ensured and other certifications.
A privilege granted by an authority to a person or entity to exclude all others from using, producing or selling a certain invention, product or service.
If anyone wants to start PCD Pharma Franchise business then making the right choice of good PCD company will be a milestone in ensuring that your business succeeds. Here are the things to look at before starting a PCD business such as; brand names used by a company, Availability of products in their stock, Good promotional inputs, Monopoly and marketing rights, Attractive packaging.
Pharma Wholesalers, Retailers, Pharma Distributors, Registered Pharmacists can apply for it. Persons concerning the pharma marketing and distribution chain can freely apply for it. Some essential requirements for taking a Pharma Franchise: drug license, valid TIN( sales tax number), a capability of minimum purchase per month, and make sure that no one in the area should have any monopoly right where are looking to find your franchise.