Monopoly is 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. When a Pharma Franchisee takes distribution rights of a, Pharma Company, Monopoly rights to handle the distribution of their pharma products are given to them for his designated area(s). No other franchisee of that Pharma Company is allowed to do business in that particular area. If any other franchisee of that pharma company tries to sell same brands, the company is supposed to take suitable actions on the defaulting franchisee including discontinuation of its agreement with that person. So with this assurance franchisee faces no competition from the same brand in that particular area.
With the help of Monopoly Rights, the franchisee is able to expand his business significantly, able to build a loyal base of customers. The Pharma Company and the person gets the benefit of loyalty generated in this way. No third person can take away the customer equity created in that area.
By being our franchise, you will have to market the products in your territory and for the same you shall avail the following: