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What is PCD Pharma and How Does It Work?
The pharmaceutical sector in India is one of the fastest growing industries, providing an abundance of business opportunities to doctors, distributors, and entrepreneurs. Among these opportunities, the PCD pharma model has gained tremendous popularity, as it requires low investment, gives high commission returns, and provides complete autonomy in an ethical framework.
Granmed Pharma, a trusted name in the industry, provides ethical PCD franchise opportunities, and high-quality products manufactured using strict processes. First, it is helpful to know what is meant to “PCD pharma”, and how does it work before starting this incredibly growing business model.
What is PCD Pharma?
PCD is an acronym for Propaganda-Cum-Distribution, a model of business where a pharmaceutical company provided an individual or distributors with the marketing and distribution rights to a product. In simple terms, PCD pharma allows an individual to sell a company’s products under the company’s brand name (e.g. company ABC) in an assigned region.
This means you don’t have to set up a manufacturing unit or invest huge capital to purchase and manufacture products you will sell. Instead, you will have ready-made products to market, support from the company, and authority to distribute the products in your area.
How Does the PCD Pharma Model Work?
The PCD pharma model is a partnership arrangement between the pharma company and the franchise associate. Both parties share responsibilities which help to keep business running smoothly, profitably, and at length, to help sustaining stable business relationship.
So essentially, these are the typical steps in the process:
- The Company Gives Products
The first move is quite obvious that the PCD pharma company has to supply its products. The company produces or brings high-grade drugs for such diverse categories as:
- Pills & powders
- Liquids
- Pastes & creams
- Shots
- Dietary supplements
Thus, Granmed Pharma is always ready to provide a diverse set of products for its partners to grow their firms with a rich range of products.
- The Franchise Partner Receives Exclusivity Rights
The PCD pharma model’s most significant benefit is the absolute monopoly rights, and among them are the franchise partners being the only human beings over the company’s products in a certain geographical area. This leads to a decrease in competition and enables the franchise partners to establish long-lasting relations with customers and earn a steady income.
- Marketing & Promotional Support Is Given
If a business is to be successful, good marketing tools are going to be indispensable.
The company Granmed Pharma which is very trustworthy provides the following:
- Posters
- Product brochures
- MR bags
- Free samples
- Business cards
- Free gifts
The above-outlined marketing tools will allow the franchisees to do their promotion easily without incurring any extra costs.
- The partner promotes and sells the products
The franchise owner markets products in their area using their own network. They meet doctors, retailers, chemists, and other healthcare providers to build a steady customer base.
The more sales they make, the higher their profit
- Low investment, high returns
A big reason people choose PCD pharma is the low financial risk. You only buy stock based on your market demand, with no major operational costs. This small investment can bring high returns because pharma products stay in demand year-round.
- No strict targets or pressure
Unlike typical corporate jobs, the PCD model gives you freedom. There are no monthly sales targets, no strict reporting, and no pressure from the company.
You can grow the business at your own pace, which appeals to both new entrepreneurs and experienced people.
Why Partner with Granmed Pharma for a PCD Pharma Business?
Granmed Pharma provides franchise opportunities with:
- WHO- GMP certified products.
- Large portfolios of quality medicines for high demand.
- The right to exclusively market our products.
- Full marketing support to professionally represent our products.
- Best price products.
- Ethical and transparent business dealings.
- The company intends to help partners grow their businesses effortlessly and profitably.
Conclusion
The PCD pharma business model is a smart, low-risk opportunity for you to enter the pharmaceutical industry. You will receive monopoly rights to distribution, marketing support, high-quality products, and complete autonomy to manage the business your way.
A business opportunity with a reputable company, such as Granmed Pharma, can lead to a profitable long-term career in the pharmaceutical industry. You are able to achieve this with low starting investments and maximum growth potential.