India has one of the biggest and the fastest growing pharmaceutical industries in the globe offering numerous opportunities to the entrepreneurs. The PCD Franchise Companies in India are among the desirable alternatives to opening up a successful and low-risk business in the pharma industry. They provide the right to franchising, serve personnel, marketing assistance and high quality items - in the development of business of an existing distributor or a new business venture.
In this blog we will understand about the pcd franchise company and a guide to choose pcd companies.
Propaganda Cum Distribution is an acronym of PCD, which is a business model in which a pharmaceutical company sells franchise rights to an individual or distributor. This enables the franchise associate to market and distribute goods of the company in a given region all under the brand name.
The main success of this model is that it is a win-win situation. The Pharma companies are able to enjoy expansion without having a hefty capital expenditure and the distribution associates enjoy the advantage of selling products that already have a brand name with the consumers. Due to this development, the PCD Franchise Companies in India have become a force to reckon with in health care.
The following are some of the best reasons why the PCD franchise is gaining popularity steadily:
Low Cost and High Profits: The startup cost of PCD Franchise is way less than building and opening a production facility and availability of competitive medicines, therefore, suitable to small business starters.
Exclusive Monopoly Rights: The monopoly right on certain regions is offered by most pharmaceutical companies that benefit the competition and optimize the profit levels.
Greater Diversification of Product: Companies will have a much wider variety of product choices such as antibiotics and health and wellness supplements to fulfill market forces.
Marketing Support: The majority of the franchise partners of a given pharmaceutical company are provided with advertisement pamphlets, displays, samples and other marketing tools.
Health and Wellness Trend: With the increased awareness of health and wellness by more people the demand of trusted medicines will continuously rise.
