In this article I will tell you about the Pharma Franchise Model and how it is different from other franchise models. Along with Pharma Franchise, I will drop you some basic knowledge about the entire franchise model. Franchise marketing meaning varies from industry to industry. A franchise is a model of distribution and represents the most common business structure that enables the franchisor to capture recurring business from their franchisees. The franchisees are then able to earn profits from the same set of rules, systems and standardized products sold by other franchises across the country. In today's world of marketing, franchising has emerged as a lucrative option for new ventures as it simplifies and streamline the process of starting a business. With so much advanced equipment, efficient manpower, trained professionals etc., many entrepreneurs find it financially rewarding to take up a franchise business. What is Franchising? Franchising is a business strategy that involv
Question: My name is ------- from Kolkata. I just want to start an e pharmacy. Could you please be inform somewhat sales margin offline and online in local area?
Answer: Check out detail of starting e pharmacy business here
Profit margin in e pharmacy is also almost the same as of offline pharmacy. Offline pharmacy store have approx. 18-20% margin with few other benefits like free goods and other offers. Margin of pharmacies also vary based upon marketing of products like generic drugs, branded drugs, otc drugs etc.
Check out in detail: Profit margin in pharmaceutical industry
Answer: Check out detail of starting e pharmacy business here
Profit margin in e pharmacy is also almost the same as of offline pharmacy. Offline pharmacy store have approx. 18-20% margin with few other benefits like free goods and other offers. Margin of pharmacies also vary based upon marketing of products like generic drugs, branded drugs, otc drugs etc.
Check out in detail: Profit margin in pharmaceutical industry
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