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First step need to take For Starting a Pharmaceutical Company

Query: I am a veterinarian by profession. Have been going through your website from past 1 year and have planned now to give a start to my own pharma company. Please let me know what will be the first step I need to take.  Answer: First Step you need to prepare yourself for Pharmaceutical Company:  Preparation means Choose marketing type, Choose molecules want to launch, Location where you want to launch product, Choose Company, Products Name, Budget available...  Choose marketing type: As number of marketing and selling types present in pharmaceutical market. i.e. Branded Marketing , Generic Marketing , OTC Marketing, Franchise Marketing etc. You need to select any one from above.  Choose Molecule: Once you have selected which marketing type is best suitable for you then you need to select at which segment and molecules you want to work. Check out: How to choose products/service for business? Location: You can't launch your pharmaceutical company all over India or at broad area.

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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