The pharmaceutical industry is booming rapidly in India, so it is expected that by the end of 2020 it may become the third-largest global market of pharmaceuticals. With the purpose of huge growth, many Pharma companies in Ambala are coming into the pharma field. The franchise business in the pharma sector is of two types. The first is PCD Franchise and the second is the Pharma Franchise. Many people who are new to the pharma industry often confused by these two terms. If you are one among them and want to know the Difference between the Pharma franchise and PCD Franchise, then this article might help you.
Pharma Franchise and PCD (Propaganda Cum Distribution) pharma Franchise are co-related terms and there is no huge difference between both of these terms. One of the crucial differences between the PCD Franchise and Pharma Franchise is the sales targets and the eligibility of an individual or distributor.
We, at World Healthcare through this post will provide a lot of information about the difference between pharma franchise and PCD Pharma Franchise.
What does Pharma franchise and PCD Pharma Franchise mean?
PCD Pharma Franchise
PCD franchise known as pharma PCD means propaganda cum distribution. Pharma PCD is a marketing technique used by the Pharma PCD companies in Ambala when they need to promote their products on a smaller scale to retailers. The PCD franchise companies appoint PCD distributors who use the company’s proprietary information to help distribute and promote the company’s brand and products in the market. In other sense, the PCD pharma franchise works at small scales. You need a small unit that requires less investment. The targets are not specific.
Pharma Franchise
The Pharma Franchise is known as the Monopoly franchise, is a business system ideal for individuals with pharma experience and background. Pharma franchise allows an individual or a group of individuals to engage in business activities on behalf of the pharma company. The pharma PCD franchise company In Ambala grants the authorization with the aim to increase it’s brand and product reach in the market via the medium of pharma franchise. The pharma franchise owner acts on a monopoly basis and is responsible for marketing, distribution, and sales of the company’s pharma products to clients in a particular area.
On which ground pharma franchise and PCD Pharma Franchise are different:
The PCD Pharma and Pharma Franchise are the same as the minor difference in the scale on which they work. There are some areas where Pharma Franchise and PCD Pharma differ from each other:
Allotment of Area:
The pharma franchise and PCD pharma franchise both act on a monopoly basis. A pharma franchise covers a larger business area and there is a number of procedure and requirements that need to be fulfilled in terms of area to get the pharma franchise. While a Pharma PCD works over a smaller area or zone. Multiple PCDs collectively work under one pharma franchise venture.
Qualification & Experience:
Pharma franchise owners must have passed 12th grade or preferably a pharma degree but most importantly they should have 2 to 3 years of experience in the pharma industry reputed multi-party distributor and they are also eligible.
On the other hand, The PCD franchise business does not require any kind of experience; anyone can start a pharma PCD franchise regardless of the qualification and experience. However, you need to have a good salesmanship spirit.
Area of Sales:
The biggest benefit of the PCD franchise is that it does not set any sales target. However, some companies give additional benefits to maximum achieves targets. Whereas a pharma franchise owner gets monthly or quarterly targets as they have a very little target to achieve.
Investment Requirements:
Pharma Franchise surely requires more investment than the PCD Pharma as it works on a wide scale. PCD Franchise can be started with an initial investment of Rs10, 000 to Rs 15,000. The plans are low and flexible to your needs. On the other hand, franchise businesses have bigger investment starting which can be Rs 50,000. Many times the plans start from lakhs which varies company to company.
Marketing and Promotional Tool support:
Direct promotional tools such as reminder cards, ADI, calendars, pens, diaries, etc are provided to the pharma franchise. A franchise client is able with sales, market, and promotional strategies from the beginning. They work on a large base which means better promotional chances. Whereas the PCD franchise gets smaller promotional tools as compared to the pharma franchise.
Final thoughts
Apart from the above-mentioned differences, there are no other major types of divergences between the two business agreements. Therefore, the scale for the Pharmaceutical business is huge in the country. This business field provides the best opportunity for growth and good revenue for pharma professionals. Thus many are investing their money in this sector. If you are looking for a PCD Pharma franchise in Ambala then Worlth Health Care Pharma is the best place for you as this PCD Pharma Company is a leading and one of the best PCD Pharma Franchise Company in Ambala offers pharma products and franchise marketing.
