Query: I've been reading your posts all the while and have been real thankful for great insights. We are in the process of launching an Ayurvedic brand in India which will be sold online through our own platform initially and then going forwards offline as well. Could you please help in answering following questions - We are getting products from a third Party manufacturer. Is there any other license which we need for selling the product online? Our company is registered and has a GST Number. Please let know if there if any license or documentation required to retail/sell ayurvedic products in India only? Answer: No Sir, You won't require any other drug related license... Your Third Party manufacturer only need to have approval of that product and a valid ayurvedic manufacturing license Check in detail: How we can ayurvedic products online in India?
In this article, we are discussing about how you can take a franchise of ayurvedic company who do business through appointing franchise.
Like pharmaceutical market, Ayurvedic companies also sell through following ways:
There are two types of franchises are given by Ayurvedic medicine companies. In another term, there are two types of ayurvedic companies who provide franchise. One is Big Ayurvedic companies who has own marketing and sell teams. These advertise their products through T.V., print media, digital marketing etc and spend at advertisement and marketing for selling their products. Other ayurvedic companies are small and macro size companies who don’t have huge marketing budget and can’t advertise through media. They either sell either by appointing distributor/CnF or through appointing franchises.
Big ayurvedic companies have own term and conditions for providing franchise of their products while small and macro sized ayurvedic companies have some relaxed franchise conditions. Not all ayurvedic companies provide franchise. Some do marketing through appointing own sales team and distributor. Some provide franchise for opening companies franchise retail outlets with the name of company. Some provides marketing and sales rights also to franchise for a particular area or territory.
Big Ayurvedic Companies:
First we will discuss how to take big/multinational ayurvedic companies franchise. Most of big ayurvedic companies give retail outlet franchise. They require a minimum space requirement and initial investment requirement. Area and initial investment could vary according to company and its policy. If we take example of Patanjali Ayurved Ltd, experts says it require minimum of 300 to 1000 square feet space and have to invest 7-15 lakh.
Procedure to take Big Ayurvedic Companies Franchise:
Small and Macro Sized Ayurvedic Companies:
Small and macro sized ayurvedic companies mostly sell through distributors or franchise level. Some companies also do marketing by appointing own sales team but at small scale and in small area/territory. They don’t have sufficient fund to bear huge expenses of owing own sales team. Franchise provides unique business opportunity for both company and sales person/distributor to get mutual benefits with less investment and hustle free work. It is also known as PCD business.
If you have experience in ayurvedic sale, distribution, marketing, online sale and other related work then Ayuvedic Franchise Business is best suitable entrepreneur opportunity for you.
Have a look how you can get Ayurvedic Franchise of an ayurvedic Company:
Read Related: How to start Ayurvedic Manufacturing Unit/Company? (Also Covered Unani and Siddha Systems of Medicines)
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Like pharmaceutical market, Ayurvedic companies also sell through following ways:
- Generic Drugs Marketing (Appointing CnF and Ayurvedic Distributors)
- Prescription Marketing
- PCD/Franchise Marketing
- OTC marketing
- Ayurvedic Hospital Supply
- Retail Chain Supply
- Online Sale
- Government Ayurvedic Hospital Supply
- Export
There are two types of franchises are given by Ayurvedic medicine companies. In another term, there are two types of ayurvedic companies who provide franchise. One is Big Ayurvedic companies who has own marketing and sell teams. These advertise their products through T.V., print media, digital marketing etc and spend at advertisement and marketing for selling their products. Other ayurvedic companies are small and macro size companies who don’t have huge marketing budget and can’t advertise through media. They either sell either by appointing distributor/CnF or through appointing franchises.
Big ayurvedic companies have own term and conditions for providing franchise of their products while small and macro sized ayurvedic companies have some relaxed franchise conditions. Not all ayurvedic companies provide franchise. Some do marketing through appointing own sales team and distributor. Some provide franchise for opening companies franchise retail outlets with the name of company. Some provides marketing and sales rights also to franchise for a particular area or territory.
Big Ayurvedic Companies:
First we will discuss how to take big/multinational ayurvedic companies franchise. Most of big ayurvedic companies give retail outlet franchise. They require a minimum space requirement and initial investment requirement. Area and initial investment could vary according to company and its policy. If we take example of Patanjali Ayurved Ltd, experts says it require minimum of 300 to 1000 square feet space and have to invest 7-15 lakh.
Procedure to take Big Ayurvedic Companies Franchise:
- Make a list of companies you want to take franchise or open retail franchise store or search online for ayurvedic companies providing franchise
- Visit their official website or you can contact their sales team for franchise
- Check –up investment required and space required
- If you fulfil criteria then proceed further
- Download their distributor/franchise form or fill-up contact form
- Send downloaded distribution form to given e-mail ID or to their representative
- Contact to concern person and follow-up it regularly
- Franchise depend at vacancy at your area or at company policy
Small and Macro Sized Ayurvedic Companies:
Small and macro sized ayurvedic companies mostly sell through distributors or franchise level. Some companies also do marketing by appointing own sales team but at small scale and in small area/territory. They don’t have sufficient fund to bear huge expenses of owing own sales team. Franchise provides unique business opportunity for both company and sales person/distributor to get mutual benefits with less investment and hustle free work. It is also known as PCD business.
If you have experience in ayurvedic sale, distribution, marketing, online sale and other related work then Ayuvedic Franchise Business is best suitable entrepreneur opportunity for you.
Have a look how you can get Ayurvedic Franchise of an ayurvedic Company:
- Prepare yourself for starting own entrepreneurship
- Make a list of companies you want to take franchise or search online for companies providing franchise.
- Visit their official websites
- Send them query through website contact form or call them
- Ask for price list
- Ask about term and conditions
- Select best possible company
- Negotiate about rates if possible
- Select products and send order
Read Related: How to start Ayurvedic Manufacturing Unit/Company? (Also Covered Unani and Siddha Systems of Medicines)
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