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How e-pharmacies would able to give 18-20% discount to customers?

Query: First of all, a big thanks for your work. Pharmaceutical industry looks like complex web for a common people but due to your blog it is easy for us to understand this whole industry. Now coming to my question, I want to know if total margin for retailers in this industry is 18-20% then how netmeds, pharmeasy and other online players are giving 25% discount? And what steps we have to take if we want to open pharmacy shop and want to give 15-20% discount. Can a retailer buy medicines directly from company or c&f and cutting margin of distributor/Wholesaler? Response: Online players give discounts upto 18-20% or something like that. Not at all products they give exact margins. In the pharmaceutical industry , Only few brands give less margin, most brands give good margin plus schemes etc, even to offline retailers. If we talk about generic and other products there are huge discounts like product cost is 30 rs and mrp is 100 rs. So, an 25% discount in the pharma market is not
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Documents required to start Medical Store in India

Question:
My name is ----- and currently I am working in small pvt company and now I am looking to start business (Medical Store) and my younger brother has D Pharma and Chemist license so what is the next steps.
I have own shop so please need your kind help to complete documentation asap.

Answer:
Next step is to apply for a Retail Drug License at the Drug Licensing Authority (Mostly District Drug Inspector) office after completing all documents and requirements specified.
Detail of documents required for retail drug license:
  • Application Form
  • Pharmacist registration certificate photo copy.
  • (If proprietor or one of partner is not registered pharmacist, appointment letter and affidavit of pharmacist will be submitted along with registration certificate copy of pharmacist)
  • Academic qualification certificates of pharmacist
  • Date of birth proofs
  • Prescribed fees
  • Ownership proof or in case rented premises, rent agreement with owner detail.
  • Purchase bill receipt photocopy of refrigerator
  • Partnership deed in case of partnership firm
  • Affidavit of proprietor or partners
  • Address proof
  • Blueprint /layout plan of premises in 3 copies

Check in detail: How to start a medical store in India?
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