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Queries on starting Pharma Marketing company

Query: Sir, we are 4 friends willing to start a Pharma marketing company . We initially planned a budget of total 4 Lakh. We chosen 5 tablet items and 3 IV products which run on regular basis.  Following of the queries I wanted to share- 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). 2) How do we introduce general IV products into Private hospitals and nursing homes? 3) How long it will take a time to run this business smoothly and grow? Response: 1) Is 4 Lakh budget is sufficient for initiating this project?(8 items). Best way to know about this is that, you can take rates of your proposed products from manufacturers and calculate your costing. You would have better idea about your budget then. 2) How do we introduce general IV products into Pvt hospitals and nursing homes? We hope you have experience and knowledge in those molecules. You just conduct a market survey about prices at what these products are sold in market and you can sell those at what rates t
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How to market and sell Cosmetic Products?

Different ways to sell and market Cosmetic Products:

Cosmetic industry is one of the top profitable industries in the world. If you want to start your business in cosmetic industry then you need to fulfill certain criteria’s. Here we are going to discuss about what are the different ways to sell and market your cosmetic products.

First have a look at procedure for starting different cosmetic businesses:

Types of marketing and selling ways:

There are generally two ways for marketing & selling cosmetic products
  1. Online Ways
  2. Offline/Traditional ways
Online Ways:
  • Digital Marketing like Blogging and Content Marketing, Use of Social Media Channels (Free and Paid Promotion) i.e. Facebook Page, Facebook Group, Youtube Channel, Linkedin Profile etc )
  • Own website building and promote it through SEO, paid ads etc
  • Listing at business portals and classified websites
  • Google my business account set-up
  • E-mail marketing
  • Influencer Marketing
Offline/Tradition Ways:
  • Print media advertisement, TV commercials/Sponsored Programs, health magazines advertisements etc
  • Banners/Holding advertisements
  • Radio advertisement
  • Face to Face Marketing (Field Marketing)
  • Franchise Marketing
  • Direct Selling Business / Multi-Level Marketing
  • Telephone marketing
  • Conferences, Promotional Events and Expo, trade fairs
  • Door to Door Marketing

Check in detail about these methods are at our article: How to conduct Promotion and Marketing of Business?

Selling cosmetic products is similar to ayurvedic products selling as cosmetic products required license for only manufacturing part and selling, distribution & marketing doesn’t require any drug related license. Check out: different ways of selling products i.e. ayurvedic and cosmetics



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