In the franchise mode, a pharmaceutical company gives the authority to market the products to the resellers.
The Pharma franchise owners get not only the rights of the business but the required support as well.
This franchise model is an impressive and active channel of distribution in India. All big and successful pharma companies have been using it from so many years..
With the tremendous improvement in the infrastructure and facilities, the business model becomes furthermore lucrative for both parties.
In the pharma franchise business, two terms are prevalent; PCD Pharma Franchise and General Pharma Franchise.
Further we will read how they are different among each other.
Remarkable Variations Between The Pcd And General Pharma Franchise
Before investing into the franchise business, an entrepreneur must know the rules of the business. How to decide whether PCD model is ideal for you or General franchise model?
Here are the remarkable variations between the two.
Since the size of a PCD Franchise is small, it needs less money to launch the business as compared to the general model. It can be as low as 10000 bucks. On the other side, you need big money to start a universal franchise.
When the investment is less, the risk is also less.
The return on investment is corresponding to the investment and in the same proportion as well.
However, to begin with the PCD model first is easy. You can expand the business gradually after establishing the understanding of the market and business tactics.
For a general franchise business, the experience and qualifications are more complex than the PCD franchise model.
Therefore, the PCD model seems to be more suitable for novice entrepreneurs.
PCD business is the smaller version of the general franchise. As compared to the latter, it covers a limited area. There can be several PCD franchises in a general franchise.
Thus, it is easy to understand that the PCD model is more beneficial and useful for small investors. They can start the business and make money easily.
For prominant entrepreneurs who have deep pockets, the general model is ideal.
Distribution Contacts Or Channels
In the PCD model, the owners are directly linked to the retailers, clinics, and chemists. In the General Franchise model, the business owners have a grip over multiple sources of distribution.
In the PCD franchise, the products are limited whereas in the general franchise; the product list is quite extensive.
Solace Biotech is one of the top pharma franchise providers in India manufacturing Qualitative products for its customers. They hold very high expertise as PCD Pharma Franchise Company in India. If you are interested to Take Franchise of a Pharma Company then it is a one of the leading PCD Based Pharma Franchise Companies in India.