Skip to main content

Best Ayurvedic Company in India

Best Ayurvedic Company in India

How to sell Ayush (Ayurvedic, Unani and Siddha) Products in India?

Here we are going to talk about how you can do that if you want to sell Ayurvedic medicine in India. We talked a lot about: How can you start an ayush manufacturing company? How can you start a ayush marketing company? How can you do ayush products distribution? How can you start ayush retail store? But now comes the matter that if you want to sell Ayurvedic medicine , then in what way can you sell them. First, let's discuss about some regulatory requirements. Regardless of the Ayurvedic medicine that is available, then we include the entire AYUSH sector. Let's talk about the entire Ayush sector (Ayurvedic, Yoga & Naturopathy, Unani, Siddha and Homeopathy) . But keeping homeopathic medicine on the side, because license is required for homeopathic medicine. When it comes to manufacturing Ayurvedic medicine, Unani medicine, Siddha medicine, , it is regulated within the Drug and Cosmetic Act. The section of Ayurvedic Medicine is covered under this Act . Manufacturing of ayurve
Post a Comment

What is profit margin of Pharmaceutical Retailer (Chemist and pharmacies)?

Pharmaceutical distributors include chemists, pharmacy store, medical store, drug store etc. Pharmaceutical distributors are the retail drug stores having retail drug license and deals in dispensing of medicines against prescription of a registered medical practitioner. They are in directly contact with patient or its caretaker. That makes them eligible for gaining maximum profit margin in pharmaceutical distribution channel.

Chemists and Pharmacies are the bottom part of pharmaceutical distribution channel. Whether a pharmaceutical company sell through branded drug marketing, generic drug marketing, pharma franchise marketing or OTC drugs marketing, pharmaceutical retailers is important part of their distribution channel.

Every part of distribution channel gets a certain amount of profit margin as we have discussed in our article: Profit margin in pharmaceutical industry. Pharmaceutical retailers are having a certain amount of profit margin which vary little bit as marketing types of a pharmaceutical company

Read: Difference between branded medicine and generic medicines

Profit Margin of Pharmaceutical Retailers (as per Marketing Types):

In Branded medicine marketing:
  • Profit margin is 18-22% plus offers
A pharmaceutical retailer gets medicine from pharmaceutical wholesale at 18-22% less than maximum retail price menus GST which is known as price to retailer (PTR). Price to retailer is calculated from price which is remaining after deducting GST from maximum retail price. An invoice issues to pharmaceutical retailer will have PTR plus GST if pharmaceutical distributor has goods and service tax identification number.

In Generic medicine marketing:
  • Profit margin is more than 30%
In generic medicine marketing, market is based at rate. There is no PTS/PTR, only game is to provide maximum margin so pharmaceutical retail push their medicine to patient and get maximum profit margin. Profit margin of distributors and retailers is not calculated by pharmaceutical company but depend at market conditions. Companies distribute generics by adding their margins at manufacturing cost and there after companies don’t have much control over distribution channel’s profit margin.

In Over the Counter Medicine marketing:
  • Profit margin is 18-22% plus offers
OTC drugs follow almost same profit margin as of branded drugs marketing. Only difference is that OTC drugs could be sold out without prescription of medical practitioner, so consumer has to ask by brand from retailers otherwise its chemist or medical store will to provide product of his choice. If a OTC product is not sold through asking by brand name by consumer then it will be sold like generic drugs and profit margin will be applicable of generic drugs marketing.

In Pharma Franchise Medicine Marketing:
  • Profit margin is 18-22% plus offers
In pharma franchise, pharmaceutical distributors or wholesaler is replaced or substitutes by Pharma Franchise Distributors. Profit margin of pharmaceutical retailers are almost same as of branded medicine marketing as franchise medicines are also promoted as branded medicines by their franchise distributors.




Keywords: profit margin in pharmaceutical industry in india, pharmaceutical industry profit margin 2018/2019/2020, pharmaceutical industry profit margin 2017, pharmaceutical industry profits 2018, big pharma profits 2017, big pharma profits 2018, pharmaceutical industry profits 2017, the pharmaceutical industry
लेबल:

Comments

Post a Comment

Register your business at

Find pharmaceutical, cosmetics, nutraceutical, ayurveda and alternative medicine's distributors, franchise, suppliers query for free.

If you want to take distribution, franchise or associates with any pharmaceutical, cosmetic or ayush company then you can find it here...

Send Your Query

Popular posts from this blog

What are the Schedules under Drug and Cosmetic Act, 1940 & Rules 1945?

Schedules are the set of provisions for classifications of drugs, forms, fees, standards, requirements and regulations related to drugs and cosmetics under Drug and Cosmetic Act, 1940 and Rules, 1945. Here drugs includes pharmaceutical, Ayurvedic (including siddha), unani and tibb system of medicines, homeopathy etc. Schedules are divided alphabetically and named also alphabetically like Schedule A, Schedule B etc till Schedule Y. Schedule Z is proposed  but not implemented yet. Schedules are important part of Drug and Cosmetic Act 1940 & Rules, 1945 . Every schedule contains specific information as discussed below. Schedule A:  Schedule A  describes application forms and licenses types. Schedule B:  Schedule B  describes Fees for test or analysis by the Central Drugs Laboratories or State Drugs Laboratories Schedule B1: Schedule B1 describes fees for the test or analysis by the pharmacopoeial laboratory for indian medicine (plim) or the government analyst Schedule C: 
1 comment
Read more

State Pharmacy Council, Its Constitution and Composition and Functions

State Pharmacy Council: State Pharmacy Council is constituted as per the Pharmacy Act, 1948 & State Pharmacy Rules, 1951. State Pharmacy Council is an authoritative council to regulate Pharmacy Act, 1948 & State Pharmacy Rules, 1951. State Pharmacy Council means a State Council of Pharmacy constituted under section 19, and includes a Joint State Council of Pharmacy constituted in accordance with an agreement under section 20 under the Pharmacy Act, 1948 & State Pharmacy Rules, 1951. State Pharmacy Council work under Pharmacy council of india . The State Pharmacy Council consists of the following: (i) Six members, elected from amongst themselves by registered pharmacists (ii) Five members, of whom three are persons possessing a prescribed degree or diploma in pharmacy or pharmaceutical chemistry or registered pharmacist, nominated by State Government (iii) One member, elected from amongst themselves by the members o
4 comments
Read more

Schedule T: Good manufacturing practices for ayurvedic, siddha and unani medicines

Schedules:  Schedule A ,  Schedule B ,  Schedule C ,  Schedule D ,  Schedule E1 ,  Schedule F ,  Schedule G ,  Schedule H ,  Schedule H1 , Schedule I,  Schedule J ,  Schedule K ,  Schedule L1 ,  Schedule M ,  Schedule M1 ,  Schedule M2 ,  Schedule M3 ,  Schedule N ,  Schedule O ,  Schedule P ,  Schedule Q ,  Schedule R ,  Schedule S ,  Schedule T ,  Schedule U ,  Schedule V , Schedule W,  Schedule X ,  Schedule Y Schedule T (Rule 157): Schedule T describes the good manufacturing practices for ayurvedic, siddha and unani medicines The Good Manufacturing Practices (GMP) are prescribed as follows in Part I and Part II to ensure that: Raw materials used in the manufacture of drugs are authentic, of prescribed quality and are free from contamination. The manufacturing process is as has been prescribed to maintain the standards. Adequate quality control measures are adopted. The manufactured drug which is released for sale is of acceptable quality. To achieve the objectives
Post a Comment
Read more