How is Pharma Generic different than Pharma PCD?
This may be a question erupting in most of the Pharma Entrepreneur‘s mind. Let’s try to dissect two business so as we are more clear.
PCD Pharma Franchise Business is where a Pharma Franchise distributor chooses a Pharma Franchise company and he then takes these brands to Doctors and convinces them to use his brand names in Prescription on the patients, this is also called ethical selling. The difference in Normal Pharma Marketing Company and PCD Pharma Company is that in Former there is a Sales team who promotes the products and in the case of PCD Pharma company it’s the distributor only who stores and sells the products. In order to succeed in PCD Pharma selling, you need to have good connected with the Doctors. The profit Margins is less than ethical selling
Pharma Generic Business is where the distributor sells the products directly to the Retailers and retailer then than sells them to the patients, there is no involvement of sales team and also the Doctors it’s more of a channel sales were you need to establish robust channels thru which you can sell your products. In order to be successful in Pharma Generic sales, you need to have a good connection with the retailers. The profit margins are less than PCD Pharma Selling.
