Top Pharma products for PCD pharma business...
It is very crucial to choose right products for starting your pharma franchisee business. often seen wrong products will destroy your whole business and one right product selection will make you capable to run your business and enhance your product range. few thinks we keep in mind while selecting the right products for our PCD business....
1- We should always keep our self up to date about new products development, patent ends, new approvals from department, market trends etc.
e.g. Vildagliptin patent periods ends recently, Novartis has marketed Galvus for years and was highest demanded product of time, thus its time to add Vildagliptin in your product basket. This product might be big hit in your basket.
2- We should pick the top drug of choice in its category, So that we can maximize the opportunity.
e.g. Amoxycillin and Clavulanic Acid tablet and dry syrup is all time favorite antibiotic for prescribes. But this product has heavy competition in the market. almost all companies have this and are marketing this product in their basket.So that before adding Amoxyclav tablet and dry syrup in your product basket, one has to do strong homework over pricing and marketing strategy. However this product has big potential to establish your sales.
3- We should always open our options for fixed dose combinations.
e.g. Fixed dose combinations are all time favorite among prescribes because of its easy titration methods and patients compliance. by choosing the fixed dose combination we can facilitate our prescribes to provide best patients compliance and affordable medication. Cold and cough tablets are the best example of fixed dose combination drugs. One can capture market attention by introducing meaningful fixed dose combinations.
4- Before entering into business and product selection we should finish our through RCPA of that particular product and evaluate our consumption per month and stock accordingly. For example in month of Oct-Nov-Dec it has been observed that sale of neutraceuticals and health supplements, multivitamins are showing down trends where as anti cold preparation are showing growing trends. so if we are going to start our PCD business in these months, we have to focus on antibiotics and anti cold preparations. Similarly If we commence our PCD pharma franchisee business with starting of new financial year ie April-may-june we can opt to focus on multivitamins and health supplements.
for more help write us.
It is very crucial to choose right products for starting your pharma franchisee business. often seen wrong products will destroy your whole business and one right product selection will make you capable to run your business and enhance your product range. few thinks we keep in mind while selecting the right products for our PCD business....
1- We should always keep our self up to date about new products development, patent ends, new approvals from department, market trends etc.
e.g. Vildagliptin patent periods ends recently, Novartis has marketed Galvus for years and was highest demanded product of time, thus its time to add Vildagliptin in your product basket. This product might be big hit in your basket.
2- We should pick the top drug of choice in its category, So that we can maximize the opportunity.
e.g. Amoxycillin and Clavulanic Acid tablet and dry syrup is all time favorite antibiotic for prescribes. But this product has heavy competition in the market. almost all companies have this and are marketing this product in their basket.So that before adding Amoxyclav tablet and dry syrup in your product basket, one has to do strong homework over pricing and marketing strategy. However this product has big potential to establish your sales.
3- We should always open our options for fixed dose combinations.
e.g. Fixed dose combinations are all time favorite among prescribes because of its easy titration methods and patients compliance. by choosing the fixed dose combination we can facilitate our prescribes to provide best patients compliance and affordable medication. Cold and cough tablets are the best example of fixed dose combination drugs. One can capture market attention by introducing meaningful fixed dose combinations.
4- Before entering into business and product selection we should finish our through RCPA of that particular product and evaluate our consumption per month and stock accordingly. For example in month of Oct-Nov-Dec it has been observed that sale of neutraceuticals and health supplements, multivitamins are showing down trends where as anti cold preparation are showing growing trends. so if we are going to start our PCD business in these months, we have to focus on antibiotics and anti cold preparations. Similarly If we commence our PCD pharma franchisee business with starting of new financial year ie April-may-june we can opt to focus on multivitamins and health supplements.
for more help write us.
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