What is the difference between Pharma Franchise and PCD Franchise?
PCD Pharma and Pharma franchise are two terms that are mostly confused by people especially by those who are new to the pharmaceutical industry. These two most commonly used terms in the pharma sectors are required to know properly in order to acquire the business you want. The difference between Pharma Franchise and PCD Franchise is small thus, many do not know the exactly how they differ from one another.
We at Innovexia Life Sciences have been asked several times about what is the difference between Pharma Franchise and PCD Franchise. Therefore, with the help of this post, we are trying to make you understand about PCD Pharma and Pharma Franchise. If you are planning to invest in a business that provide you good growth and stability then PCD pharma or pharma franchise is the best option that you have at present time. These two business aren’t much different from each other the working of these business is same. Then question arise, what makes them different? Here we have explained it. Let’s start with the definition.
What are PCD Pharma and Pharma Franchise?
PCD stands for propaganda cum distribution, in this a term given to marketing of medicine, drugs and other medical devices manufactured by Pharma Company. The pharma company provide its PCD to the pharma professionals who further sell the products of the company to the people so that and earn the profit from it. The marketing strategies of the pharma company involve this business.
On the other hand, in pharma franchise business the company provide the business opportunity to pharma processionals by selling their products to them and then they further sell it to the customers. Sounds similar to PCD Pharma? Actually they both work in the same way the only difference that these both have the scale on which they work.
Difference between the PCD Pharma and Pharma Franchise
Pharma Franchise and PCD Franchise are not different in terms of its working process or business structure. They vary in terms of their business scale the PCD Franchise work on the smaller scale as compare to the pharma franchise.
Here are few areas in which they vary:
Area or premises of working: Since these two differ n the scale thus, the area and premises for the Pharma franchise is bigger than the PCD Franchise. The PCD business is zoned in the smaller areas, the working of both of them is same.
Requirements of experience: The experience pharma franchise business require much experience as compare to the PCD Franchise this is simple due to the scale on which they work to manage a business on bigger scale you must have the good experience. PCD Franchise can be started by thoe who are new in the pharmaceutical sector.
PCD Franchise and Pharma Franchise business have good scope for growth in India. The increasing demand for the pharma products is flourishing this business. We hope this post by Innovexia Life Sciences helped you well in understanding about the difference of Pharma Franchise and PCD Pharma.