• EXCELLENCE IS OUR SPECIALTY

  • QUALITY SERVICE IS OUR MOTTO

  • WE DEVELOP HIGH QUALITY, EFFICIENT AND AFFORDABLE MEDICINES

Friday 13 January 2017

Indian PCD Pharma Sector To Attain Benefits Of The IT Industry

India being a developing country is experiencing fast growth in different industrial sectors. The pharmaceutical industry is one of them. Not only the research and development section is doing great, the pharma manufacturers in the country are also working hard to provide better healthcare solutions to the people. Also, the IT companies in the country are in great demand due to immense talent available here. Both these sectors can be made to work hand in hand in order to enhance the efficiency and productivity.















The IT industry can aid the PCD pharma companies in many ways. From becoming the basis for
the entire research and development section of the pharma industry to facilitating promotion of the products in the country and abroad, there are many ways in which the IT industry can support the healthcare sector. Let’s have a look at the different aspects of this amalgamation.

Enhancing quality and production with technology - Technology may prove to be a boon for many PCD pharma franchise companies. The IT experts of India have made the country shine in this field with their knowledge and expertise. Due to lack of technological support available, many pharma companies are unable to maintain the required standards and deliver the products to meet the demands. However, in the coming time, many advanced software based equipment are expected to make the functioning of the pharma companies smooth and more productive. Now it is time to show their caliber in the healthcare industry. 

More job opportunities - Another very important aspect associated with the unification of PCD pharma and IT industry is the amplification of the job opportunities in the sector. Both the pharma sector and the IT sector have introduced many lucrative opportunities by which professionals can become a part of these flourishing industries. There are many IT marketing professionals who want to try their skills in the pharma franchise sector but are unaware of the different opportunities available. The blending of both these sectors would generate more openings and offer many breaks to such aspirants.
  
Marketing and promotion - To ensure that the required quality standards are maintained in the products and the supply meets the demand, the PCD pharma companies are required to focus on compliance factors of the industry. From manufacturing to packaging and storage of the products, it is very important that every important feature is considered. While focusing on the more important factors of the process, the manufacturers tend to overlook the importance of marketing and promotion. Thus, for efficient marketing, pharma companies need the assistance from the expert personnel. By making the proper use of information technology, the pharma companies and their pharma franchise partners can explore more markets on a global level and contact the potential clients directly.
With the IT industry working for the betterment of the pharma sector, new innovations would take place. As a result, the healthcare sector will be able to deliver better quality in their products and services and meet the demands with increased efficiency. To become a part of this thriving sector, explore your chances here.

Wednesday 28 December 2016

Contrast between Being a Sales Rep and Owning Pharma Franchise Company

In these times of economic uncertainty, everyone wants monopoly and stability in the market. However, for budding entrepreneurs, deciding on investing into a new business has become all the more chancy. However, there is an industry that is still flourishing which is the pharmaceuticals industry. This sector has shown immense growth and demand in the last few decades. Due to this growth, the sector has come up with huge job opportunities for qualified and trained personnel and up-and-coming entrepreneurs.







In addition to owning a pharmaceuticals manufacturing company, the sector also offers opportunities to marketing professionals to work as a marketing rep for a firm or have their own Pharma Franchise Company. In fact, the latter option is considered as a better one with better business prospects. Let us see how:

  • Be your own boss – The whole business is under your control. While it brings responsibility, it also brings flexibility of working. You can decide on your work strategies, your workforce and of course your business partner for whom you want to franchise with. Depending on the business performance, you can decide on how much more to invest, how much employees to have, how many hours to work and many other basic things that make you the boss of your business.
  • Decide your own targets – As a sales rep, you will be given set targets to meet. This creates a lot of work pressure that might have a negative effect on your performance or force you to use unethical methods of selling drugs. As a Pharma Franchise owner, you are free to set the targets for your company so that consistent revenue and sales can be obtained.
  • Choose your resources smartly – You can decide what you need to set up the facility and where you want to locate your office. Make the best use of the resources available. 
  • Absolutely no restrictions – When you are responsible for each small and big decision, sky is the limit. You decide what is good or bad for your organization. 
  • You earn for yourself – When you are a sales rep, your income might not necessarily increase with your performance. With experience, you will certainly perform better. 

However, it totally depends on the company what part of their success they would want to share with you. And if you own the franchise company, you get whatever you make out of your business. The more effort you put into your work, the more return you get.

If you think that you lack experience in this area, you may choose to work as a sales rep for a company for some time to know the do’s and don’ts of the industry. In addition to experience, you should also try to explore what other things you would require such as licenses, budget, registration, etc. Just keep in mind that initially you may have to work hard to set up a position in the market but once you establish a client base, you are going to get consistent revenue from your franchise business. 

Friday 23 September 2016

Top Benefits of Marketing for a PCD Pharma Company

The marketing business can be defined as a business out of a business. To be more precise, a marketing business is targeted on introducing or promoting a business further. Many young entrepreneurs are trying their hands on such businesses looking at their lucrative nature. Instead of starting a new business altogether, functioning as a franchise partner poses a better option in many ways.


To become a franchise for a renowned PCD pharma company would mean assured success coming your way with consistent growth guaranteed. Have a look at the benefits of becoming a partner with a drug producing firm:

  • Zero initial investment required – All that you need to establish yourself as a franchise company is a workforce with the required skill. Some PCD pharma companies provide promotional goods to the franchise, however, if yours is not doing so, a negligible amount of investment will fetch you a great deal of capital. And then, you have enormous opportunities to expand your market reach.

  • Broad product rangePharma companies generally have a wide product range and they do not focus on one or two products. Thus, as a franchisee, you will have a huge product portfolio to choose from. Take your time to research the market trends and product demands before you enlist your product line.

  • Huge expansion opportunities – You may choose to step into the drug marketing field as an individual or as a group of marketing professionals forming a franchise company. As an individual, you will get many opportunities to grow on a professional level. On the other hand, as a marketing company, you always have the option to expand your product line or explore new markets on a national and global level.

  • Sales and marketing support – The pharmaceutical producing companies of today are very competitive as they are aware of the rising competition in their respective field. Thus, they have a strong team of sales and marketing professionals including research engineers, planning and production professionals and marketing managers. These professionals have a vast knowledge and experience in their area of work. They can prove to be of great help to the franchise for providing support and guidance as and when required.


Well, this might seem easy but it has its own claims on a professional level. For the success of a pharma franchise company, traits like diligence, innovation, patience, and entrepreneurship skills are a must. Got it all? Get started here.

Wednesday 7 September 2016

Future of a PCD Pharma Company in India

Current state of Indian pharmacy sector

The pharma sector is an ever growing industry and developing countries like ours are taking this sector pretty seriously. Well there are two reasons for it - it will not only boost the economy of the country but also ensure quality of health in the nation. According to Ananth Kumar, Chemical and Fertilizer minister, the pharma sector is anticipated to show growth as high as 20 per cent in the next two to three years(source: economictimes.indiatimes.com), the current growth of the sector being 14 per cent annually. The sector has exhibited huge potential for the budding entrepreneurs.  

Fortunately, this sector is not dependent on the economic condition of a country. Individuals and professionals are free to endeavor and explore this sector as per their caliber and come up with new discoveries in the field of Science and Technology that can be proved beneficial on a global level. Currently, India is a supplier of drugs and medicinal products to more than two hundred countries worldwide. The government is on its way to set up a dedicated ministry for this sector to ensure harmonization among the different segments of pharma production.




The darker side

All these facts are proposing that it’s a win-win situation for entrepreneurs owning or willing to own a PCD pharma company and for all other lower level professionals associated with these firms. Along with them, the marketing professionals and franchise companies working for the promotion of medicinal products with giant producers can also see huge finance approaching. Sadly, individuals who are looking forward to become a marketing partner for such PCD pharma companies focus more on the initial budget required and some of them suffer due to the unethical practices taking place in this booming sector.

Rather than going the wrong way to give a good start to your franchise business for a PCD pharma company, you must have a broader vision towards the future. The Health sector is all about building up trust among the people. By following unethical methods for quick success, or due to lack of knowledge, you may seem victorious in the initial stage, but you would never succeed in developing a strong market place and a consistent customer base.

Take-away


India is advancing towards becoming a medicine hub of the world, however, following ethical methods of producing and promoting medicines is the need of the hour. 

Monday 8 August 2016

Steps to Become a Part of a PCD Pharma Company as a Franchise

The pharmaceutical marketing field demands great promotional skills. If you are a sales professional and are thinking of stepping into in to this industry, one of the prime decisions that you will have to make is whether you will be working as an individual or you would set up a team of professionals to act as an organization with franchise rights for a pharma company.



Here is the catch. If you are the sole proprietor of the benefit, there is no significant difference in working as an individual or as a private limited company. However, if you are sharing the profit with two or more partners, then listing the pharma marketing company as a private limited company is important. The type of marketing you choose will come under the pharma franchise company

You will have to possess a drug license and appoint a wholesaler to market for the pharma company products. Mostly, franchise companies working for the promotion of drugs and medicinal products follow this type of marketing to earn high profit margins in a short time period. 

Your experience and relations with doctors in the target area count a lot. If you have both then you can start right away while, if you lack experience, it is advised to have a back of experienced professional marketers with you. You may follow any of the following two ways:

  • Build up a team of strongly experienced marketers for your private limited company or
  • Team up with some experienced partner 

Another approach can be to employ distributors for selling the products. This method brings sure success but the margin is low as you have to supply the products to the distributor at net rates after adding your margin to the basic manufacturing cost.

So, if you have decided to come into the market as a company, go ahead with the following steps:

  • Choose a company name that reflects expertise and dependability.
  • Apply for trademark registration for this name.
  • Make a list of the products that you would promote.
  • Find adequate information about these products including the formula, the demand, and the existing market value.
  • Work on your promotional material including visual aids, customized gifts, and freebies.
  • Apply for a drug license number.

Take your time choosing a PCD pharma company as your success greatly depends on it. Find out more details about PCD pharma company at 9034065531, 9034065532. Good luck!

 
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