What is the Difference Between Pharma Franchise & PCD Franchise? – The pharmaceuticals business is the good destination to start your own venture. You are offered better deals in forms of promotional tools items, handsome incentives, bonus etc. One can start as a PCD pharma franchise owner and expand as pharma franchise businessman. What is the difference between pharma franchise & PCD franchise? Many people have less knowledge about the two terms that go hand to hand for every aspect. Well, they are similar but not same in any case. They have their own points of dissimilarity.
In this post by Alisier Drugs, we are going to bring enlightenment about the two terms that are interchangeable but not same. Know the difference between pharma franchise and PCD franchise in India.
Define PCD In Pharmaceuticals Sector?
PCD is a short form of propaganda cum distribution. It is also a form of franchise marketing in India. The counterpart PCD works on a smaller level like retailing. It is said to be best for those who are looking for business opportunities but have little to no experience in the field. Fresher or new entrepreneurs who are looking for better business opportunities can opt for PCD franchise in their district or near their city.
What Is Monopoly Pharma Franchise or Simple Pharma Franchise?
Yes, monopoly franchise and simple pharma franchise are the same. Both the business formats are owned by experienced and qualified individuals or partners. They offer area wise business on a monopoly basis. Monopoly helps to earn better as you are the ruling distributor or seller of that particular brand in that area. The investment criteria are big and are known to provide better opportunities for all. It is meant to expand business if you have good experience as a PCD businessman in your zone.
How To Differentiate Between PCD Pharma Franchise and Franchise Pharma?
- Area Base: PCD get a little share of area/ territory or zone benefits whereas pharma franchise has bigger area allotment benefits. Many PCD owners can come under one pharma franchise business. Like company deals with big franchise owners and they deal with the smaller ones even though they both have direct access to the company.
- Credit Benefits: A Pharma Franchise owner is pampered with loan or credit facilities which are not available for PCD franchise members.
- Experience and Qualification: A Pharma Franchise member needs to have good experience of more than 3 or 4 years of working with a well-reputed pharma company. He/she should be at least 12th pass from a recognized board or SSC level pass. PCD, on the other hand, does not demand any. Thus, all are free to join the PCD business. The conviction of the client is required.
- Investment Plans: PCD is meant best for newcomers. Thus, the investment needs are small. On the other hand, pharma franchise required the bigger amount to invest in the business. This can happen in installments too.
- Sales Target: PCD franchise clients are free from the pressures of attaining any sales target. In short, they have less or no sales target from the company side. The Pharma franchise owners have a minimum franchise sales target to achieve which can vary with time.
- Distribution Channels: PCD is a single distributor whereas pharma franchise owner can be multiple party distributors. It depends upon the effective distributaries you have for better sales. PCD have fewer channels in their connection which can relate to direct selling to the customer as pharmacists or a single medium for expansion of the business. On the other hand, pharma franchise owners have networks which help them distribute their items better.
Conclusion:
I hope you must have got the right idea about what is PCD and franchise pharma in the pharmaceuticals world. To gain the right progress, you need to collaborate with the best in the industry. Top pharma Franchise Company in India, Alisier Drugs is the best company to offer you both with better scope and plans in near future. Connect with us anytime and know more about our company.
