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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

Pharma Export (Ayurvedic & Neutraceutical Products)

Query:

We've been following your youtube videos since a long time and I must say they're really helpful in creating awareness about the pharma industry.
We have been manufacturing/selling products since 1999 on third party manufacturing basis.
We wish to enter the export sector targeting countries with good scope for our select Ayurvedic & Neutraceutical products.
It would be great if you could guide me over these few questions:
1) Does Ayurvedic export follow the same guidelines as allopathic drugs?
2) What Licenses are required for exporting ayurvedic products to other countries?
3) Does USFDA has any prohibition for import of ayurvedic drugs?
4) Finding business through alibaba/Indiamart would be beneficial or should we keep direct approach and find probable buyers. Buying gold membership on alibaba is an expensive affair so what could be a proper way to start off (sharing marketing brochures, samples etc)
5) Should we hire an agent for all code requirements for Export? would that be an expensive affair too?

Response:

1) Does Ayurvedic export follow the same guidelines as allopathic drugs?

Ayurvedic medicines have almost same regulatory guidelines as of allopathic medicines like COPP, Free Sales certificate, Stability data of ayurvedic medicines is required.
2) What Licenses are required for exporting ayurvedic products to other countries?


3) Does USFDA have any prohibition for import of Ayurvedic drugs?

There is no specific prohibition for import of Ayurvedic drugs. If you follow USFDA processes of registration and other regulatory procedure for ayurvedic drugs then you will not face any prohibition related matter.

4) Finding business through alibaba/Indiamart would be beneficial or should we keep direct approach and find probable buyers. Buying gold membership on alibaba is an expensive affair so what could be a proper way to start off (sharing marketing brochures, samples etc)

For finding export client, you have to follow similar marketing types as companies use to find franchise and distributors here in India. Few tools for finding queries are:
  • Website Creation and Promotion in specific country, you want to export
  • Search Engine Optimization for specific keywords in country, you want to export
  • Google Ads and Social Media Advertisement
  • Content marketing i.e. Blog, Vlog
  • Trade Shows, Trade Fairs
  • Business to business portals i.e. Alibaba/Indiamart etc
  • Offline advertisement etc

Read complete detail: How to find export client for your Company? Free and Paid Method!

5) Should we hire an agent for all code requirements for Export? Would that be an expensive affair too?

If you don’t have knowledge and experience about exporting process and requirements then hiring a agent will be better. It would be expensive affair but if can’t fulfil requirement by yourself then it would be better to hire an agent.

Hope above information is helpful to you...

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