How PCD Franchise Business Differs from General Pharma Franchise Business
Considering a career as a franchise owner in pharmaceutical industry is quite rewarding in today’s date. It offers lots of opportunities for people across the world. However, for a newbie it can be a bit confusing to learn about PCD franchise business and general pharma franchise one. So here you can find a few easy points regarding the difference between the models.
Experience and requirements
If you begin a pharma franchise, you are required to have sufficient experience in this field and be professionally involved as pharma marketing or sales manager. For this you need to have at least 3-4 years of experience. But as a PCD franchise owner, companies don’t essentially look out for experienced people. All you need is 2 years of working experience with minimum 12th standard pass.
Space for business operation
PCD pharma business is actually a smaller type of general pharma business. Unlike general franchise, the former uses a limited area for sales and business operation. So, this PCD model is particularly beneficial for startups or small investors. They can venture into the business with little investment initially. Once their business starts to expand, they can spread their area of sales and gain more profit as they do so.
Investment
If you want to start a business with little investment, PCD franchise model is perfect for you. Find a Top Pharma PCD Company that offers low investment plans for startups. If your investment is less, the risk will also be less. The profit you will get will be proportionate the amount you invest. However, you will get a chance to grow your business once you understand the algorithm of business tactics and market strategies.
Distribution channels
In PCD franchise business, the owner can directly contact the clinics, retailers, and chemists, whereas in general pharma franchise business, the owner has control over a great number of distribution sources. However, the each of the two works in different ways. Pharma Franchise Business is one of the trusted PCD Pharma Franchise Companies in India that has years of experience and expertise in this field.
Sales target
When you join as a PCD pharma vendor, you need not target bigger. For general pharma business owners the target is to be set high for bigger proportion of return.