PCD Pharma Franchise

PCD stands for Propaganda Cum Distribution and is a distribution model in which a pharma franchise is granted to independent distributors or individuals who can promote and sell the product in a specified territory, while the manufacturing is done by the parent pharma company. In this business model, the pharma franchise is granted to the distributors who can carry out marketing activities like promotion and sales by themselves. The investors are provided with products at discounted rates so that they can make profits after selling them in the market.

Pharma franchise involves the franchisee associating with the franchisor for promoting and selling their products in a particular area. This business model allows for the large-scale distribution of products. The pharma company does not have to worry about taking care of any aspect of marketing and sales as these tasks are carried out by the pharma franchisee selected by them. 

 The concept of the PCD pharma franchise has been around since the 1950s, but it gained popularity only after the 1990s when pharmaceutical companies started realizing their potential to reach out to the masses through local representatives.

In a friendly tone:  It is an authorization or permission granted by a pharma company possessing the rights to any individual or group, allowing them to carry out all commercial activities like selling and promoting the company's products on mutually agreed terms and conditions.

PCD franchise is one of the fastest-growing businesses in the pharmaceutical industry because it offers good returns with low investment. Also, it provides a platform to start your own business in pharmaceuticals with established brands and products.

The pharmaceutical industry is a multi-billion dollar enterprise and keeps growing every year. The growth rate of this industry was 11% in 2016 and 13.7% in July 2020 which means that the market has the potential to expand further in the coming years. This makes it a lucrative sector for starting your own pharma franchise business.

Nowadays, there are many companies offering pharma franchise opportunities in order to expand their market base. If you are thinking of entering this industry, here are some tips to help you choose the right pharma franchise company:

1)Location-based partnership

The location is one of the most important things to consider when choosing your franchise partner because certain patients prefer to be treated locally than travel far away for treatment. Also, if your potential partner already