Skip to main content

What is Pharma Franchise Model? A blog about how franchising works in pharma.

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

Sales Vs Marketing | Difference between sales and marketing

Sales Vs Marketing | Difference between sales and marketing

I remember when I was starting my career in pharmaceutical sale then I didn’t know about the difference between marketing and sales.

We all friends had made up mind to start our career as a medical representative. We didn’t know anything about Industry even we were pharmacy graduate.

So, I got a job as a medical representative in a MNC company. I got interview and selected. In the first zonal meeting in Delhi, whole sales team were gathered. I went and there my General Sales Manager asked me why you chose this profession.

I said that I want to make career in marketing and want to work as a product manager someday. He knew the difference between sales and marketing but I didn’t. He said some thing, I didn't remember exactly at moment.

But it took me to learn a lot of years to understand what is marketing and what is sales?

They both are interconnected but still hold own values.

Sales Vs Marketing:  

Sales is like to meet a girl and propose her. Do it repeatedly till either she says yes or she disappears from that location.

Marketing is like to create a recognition and reputation in her eyes. Either you make it to that level, she proposes you by herself or you need help of sales part and when you approach to meet a girl and propose her, there would be maximum chances she doesn't say 'No'.

Sales is front line work- A face of company in eyes of customer where as marketing is back hand work to create awareness about company and its products/services.

Sales is to meet the persons to detailed their products/services and convince to buy it whereas marketing is to find out who could be their proposed clients and where they can find them.

Sales is all about how brilliantly you can give presentation about you, your company, your products/services etc whereas Marketing is all about how brilliantly you get attention of your so called future customers. Sales is all about just selling and marketing is all about reaching and getting noticed.

Sales is about to present information about company, product/service, their rates, benefits, why you should purchase it etc. Whereas Marketing is about to promote company or brand, its product/service with clear communication.

Sales includes connecting the potential customers through meeting, phone calls, networking events or any other means and converting them into paying customers whereas Marketing includes advertising and campaigning through internet, print, electronic, blog and social media etc and create as much as awareness about company/brand and its product/service so potential customer feel proud to associate with brand.

Why both are interconnected?

Marketing is creating environment and awareness. Creating awareness is to just waiting at road where the girl passes. You see her and She sees you. She know you like her but how much chances she will take initiative and will propose you.

I think, not much. Here, sales enter into scene.

Marketing is waiting in side to happen something great but sales step forward and ask her for marriage. Sales is not waiting. It is making things happen.

But if marketing is not present and you see a girl at first and she doesn't know you. You are trying to make things happen and propose her then what?

May be there are different skill required for both but they are interconnected.

Having a great marketing team with great sales team can create miracle for any business.

Hope this information is helpful to you... 



Keywords: sales vs marketing,marketing,internet marketing,salesman,advertising,valuetainment,sales,selling,business success,entrepreneur motivation,financial success,entrepreneur,internet entrepreneur,startup entrepreneurs,become an entrepreneur,online business,build a business,start a business,create a business,grow business,sales vs marketing example,what is sales and marketing,marketing vs sales vs advertising

Comments

Send Distribution/Franchise Query

Name

Email *

Message *

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...

Popular posts from this blog

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. What is state pharmacy council? 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 constituted and work under  Pharmacy council of India . Composition of State Pharmacy Council: The State Pharmacy Council consists of the following: i) Six members, elected from amongst themselves by registered pharmacists of the State; ii) Five members, of whom at least three shall be persons possessing a prescribed degree or diploma in pharmacy or pharmaceutical chemistry or registered pharmacists nominated by the State Governme

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 pharmaceutical, Ayurvedic (including siddha), unani and tibb system of medicines, homeopathy, blood and realted products etc under Drug and Cosmetic Act, 1940 and Rules, 1945. The schedule to the drugs and cosmetics act are Schedule A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y. Drug and cosmetic rules are divided into schedules alphabetically and named also alphabetically like Schedule A, Schedule B etc till Schedule Y. The schedules to the drugs and cosmetics act are important part. Every schedule contains specific information as discussed below. Schedule A:  Schedule A  describes application forms and licenses types. Download Schedule A Pdf Schedule B:  Schedule B  describes Fees for test or analysis by the Central Drugs Laboratories or State Drugs Laboratories. Download Schedule B Pdf Schedule B1: Schedule B1 describes

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 list