Pharmacy is a lucrative business & this is the right time if you want to start an online pharmacy store in India. The business model of online pharmacy is based on the concept of making the life of buyers easy. They are relieved from the hassles of going out for buying medicines. Read this complete detailed for a procedure to launch an online pharmacy store.
2. PROCEDURE TO LAUNCH AN ONLINE PHARMACY STORE
If you think about businesses that don’t get affected due to economic ups
and downs, then the pharmaceutical business is one of them.
In India, it has shown tremendous growth in the recent years. With the
development in the country, it will reach great heights.
The recent trend in the niche is an online pharmacy. With every passing
day, new companies are emerging in the scenario.
To launch an online business, it takes some efforts. As of now, the sector is
not regulated. However, it will happen very soon.
Here is a detailed procedure to launch an online pharmacy store.
A FEW PREREQUISITES
Some prerequisites that need to be taken care of to launch online pharmacy
store:
4. A pharmacist and registered chemist on board
The prescriptions should be valid for accepting orders
The registered pharmacist or chemist should sign the bills
Outgoing drug orders need to be supervised by a registered pharmacist
Drugs should be sent from the chemist with a retail license
In the country, the online pharmacy business comes with a set of challenges
that should be mitigated first. There are acts for selling prescribed drugs online
in the country.
The business model of online pharmacy is based on the concept of making the
life of buyers easy. They are relieved from the hassles of going out for buying
medicines.
Online pharmacy is even more beneficial for senior citizens who can’t go out. It
is liked by busy professionals who get the medicines delivered at the doorstep.
They find it incredibly convenient.
5. PLAN THE REVENUE MODEL
When you launch an online pharmacy, it is critically important to plan the revenue
model. Though it is a relatively low-cost business model, you need to spend
considerable money on promoting the business online.
A list of sponsored consequences from the pharmaceutical organization is the
latest trend. The backed consequences get a place on the homepage and the
search result.
By purchasing the drug treatment in bulk quantity from pharma companies can
save margin between the buying rate and MRP.
By incorporating online classified ads on the pharma internet site, the online
pharmacy can earn extra money. In fact, websites that become popular in the
virtual world earn handsome money from classified ads.
The more popular a website is, the more income one can get.
6. A well-planned online pharma business can be a lucrative business
proposition in the modern era. The secret behind its success are; low
operational cost and high margins of profit.
If you are looking for PCD Pharma Companies in India then Progressive
Life Care is a Top PCD Pharma Company in Ahmedabad located in
Gujarat. Which offer a Pharmaceutical franchise with extra ordinary
marketing support.
Also Read:
How to start a pharmaceutical Sales company?
How to Hide Rates from Stockist in Pharma Franchise Marketing?
7. CONTACT INFO & DETAILS
Working hours: 11.00 am to 6.00 pm
Working days: Mon – Sat and Sunday Closed
Mob:-9824382041, 9825965521
Phone:- (079) 30243328
E-mail:- progressivelifecare@gmail.com
E-mail:- progressivelifecare@yahoo.com
Address
AMBIT HOUSE, Opp.Kumar Spintex factory,
Tajpur Road, Changoder,
Ahmedabad – 382213 (Guj.) INDIA.
Website :- www.progressivelifecare.com