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Profit margin in Ayurvedic Products

Profit margin is one of the important things to consider when we start any type of business. So, it is also essential for knowing profit margin in ayurvedic products if we are going to start ayurvedic business. Here we will discuss about how much profit you can earn in ayurvedic industry if you are going to start different types of ayurvedic business like manufacturing, marketing, distribution or retail store. First have a look at how you can start different type of ayurvedic businesses in India? How to start ayush (ayurvedic, yoga/naturopathy, unani, siddha and homoeopathy) products distribution business? How to start ayurvedic store? How to start selling herbal products online? How to start ayush manufacturing business? How to start ayush marketing business? Ayush Franchise Business Now come to the point about profit margin at different types of ayurvedic or ayush products. Profit margin is not fixed for all companies or all ayurvedic products. Profit margin varies company to c

How to register Ayurvedic medicines by ayurvedic marketing company?

When a person thinks to start own ayurvedic medicine Company then the first thing, he/she encountered how he/she can register his/her own ayurvedic medicine products and their brand name. This is most asked question by our readers when we discuss about starting an ayurvedic medicine company specially ayurvedic marketing company.

In this article, we will understand,
  • How we can launch an ayurvedic medicine product? 
  • Who is responsible for registration of ayurvedic medicine products? 
  • Can a marketing company register own ayurvedic medicine products? 
  • Where can we register our product etc 
Most of person being confused when come to product registration in ayurvedic sector. Let us clear the facts.

First you need to know that ayurvedic medicine marketing company has no role in ayurvedic medicine registration. It’s totally responsibility of Ayurvedic medicine manufacturing company unless you don’t have loan licensing. Ayurvedic medicine manufacturing company may charge from marketing company as a registration fee that require registering its products.

Ayurvedic medicine marketing company can only go for Trademark registration for prevention of its intellectual property i.e. Brand Name but it can’t register an ayurvedic medicine on its behalf.

For manufacturing of ayurvedic medicine, a manufacturing license is required and it is issued by AYUSH department of concern state. Ayurvedic medicine and its composition will be registered on behalf of that manufacturing license either by manufacturing company or its loan licensing party.

Now it’s clear a marketing company can’t register ayurvedic medicines on its behalf. So what can a marketing company do to register its products?

An Ayurvedic marketing company can register its Brand Names as trademark registration only.

How can we launch Ayurvedic medicine products?

You need to select a product which you want to launch into market. Choose a unique name of that product. Apply for trademark registration. Send it to manufacturer for designing and procurement of packaging material or you can design it yourself.

If composition is new then manufacturing company will have to take approval otherwise approved composition could be manufactured without further approval.

Who is responsible for registration of ayurvedic medicine products?

Manufacturing company is responsible for registration of ayurvedic medicines.

Can a marketing company register own ayurvedic medicine products?

Marketing company can only register trademark. Ayurvedic medicine and its composition approval is work of ayurvedic medicine manufacturing company.

Where can we register our product?

AYUSH department is responsible for granting approval of manufacturing of ayurvedic medicines. Trademark registration could be applied at Office of the Controller General of Patents, Designs and Trade Marks.

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Comments

  1. Well written article covering all the details..great help for those who want to start thier own business..Thank you

    ReplyDelete

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